July 26, 2023
Top 40 Distributors 2023: No. 30 Zorch
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
Zorch
(asi/366078)
Company Snapshot
Revenue figures are in $millions
Previous Rank: 32
2022 Revenue: $73.9
2021 Revenue: $52.5
Year-Over-Year Difference: 40.8%
2020 Revenue: $39.3
2019 Revenue: $54.1
Top Company Officer: Mike Wolfe, CEO/President
Year Founded: 2002
Headquarters: Chicago, IL
Financials Certified By: Mike Wolfe, CEO/President
Mike Wolfe, CEO of Chicago-based Zorch, had a very specific plan as the company started to rebound in 2021 from the COVID sales dip in 2020: “hunting for whales.” “We made a decision not to just go for the transactional sales – that’s really not our business,” Wolfe says. “We began looking – really looking – for the six- and seven-figure accounts, focusing on business development and heavily marketing what we can do and what we’re capable of.” Clearly, with 40.8% of organic growth in 2022, that laser-focused plan paid off in spades. Going forward, Wolfe points to trends like clients asking for ESG options and accountability from vendors, and a huge focus on employees – appreciation and motivation gifts, for example – as companies angle to find and keep the best staff members on their team. “These are areas,” Wolfe says, “where we know the marketplace and can really help our clients.”