Love2shop Business Services named ‘Company of the Year’ at 2015 COGS Awards
Love2shop Business Services, one of the UK’s leading providers of cost effective and flexible reward solutions, received the prestigious Company of the Year Award at the IPM COGS awards held on Friday 25th September. Organised by the Institute of Promotional Marketing, the annual COGs Awards recognise excellence and creativity across the industry.
The Company of The Year award is given to the company, which in the opinion of the judging panel, has done most to deliver against their clients objectives, working in partnership and adding value. It is awarded on the basis of breadth of effective work across the year while demonstrating a consistent level of service and exceeding expectations.
Love2shop Business Service reported an exceptional and record breaking 2014 financial year in a very challenging and competitive market. It traded with a record number of businesses – billings increased by 14% to £176.1m, whilst operating profit increased by 32.6% to £6.5m.
Commenting Chris Hartley, Business Development Director at Love2shop Business Services said, “We are delighted to have been recognised for our commitment to exceeding customer expectation. Our growth and success has been achieved by listening to, and anticipating clients’ needs, and by adding increased product functionality and appeal. Our approach has enabled us to win more new business and expand existing relationships.
Much of our growth can be directly attributable to the development of our own FCA regulated private label processing network called ‘flexecash’. All of our card schemes are processed via the flexecash network which is integrated with all of our 60+ major high street and attraction partners including Argos, M&S, Curry’s, Debenhams, and House of Fraser.”
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