In a tech startup sector defined by rapid growth and delayed profitability, Agile Data Solutions Inc., a Philippine-based startup, is charting a unique and prosperous course. The company announced a 2023 net revenue of PHP 27 million, with a cost of goods sold (COGS) at a modest 37%, underscoring their successful and unconventional strategy.
Founded by Jason Gaguan, Agile Data Solutions stands out due to its robust and growing customer base spanning FMCG, telecoms, and tech sectors. The loyalty of these clients, seeking swift and dependable consumer and market data, fuels the company’s growth and evolution.
“Consistent client trust in our services inspires us to improve and adapt rapidly,” Gaguan shares.
Central to Agile Data’s operations is their data collection app, Hustle PH, which has organically amassed an active user base of 50,000 without the need for social media marketing investment. “Our Hustlers, as we affectionately refer to our app users, continue to grow primarily through organic word-of-mouth referrals and influential figures who freely share our story. It’s heartening to see people discover and embrace our data collection tool naturally,” Gaguan adds.
Since its inception in 2021, Agile Data has challenged established market research players by leveraging their data gathering and data organization technology to offer swift, accurate, and cost-effective results. Agile Data’s success formula hinges on a product-first approach and financial prudence; as Gaguan explains, “Our focus is continuous product improvement and earning more than we spend. These basic principles ensure client satisfaction and sustainable growth, allowing us to weather any economic or business climate. We emphasize scaling via technology over spending large sums of cash—this is the essence of sustainable growth.
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