Venom Celebrates Strong 2018 Performance

by MaddOx
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Venom®, a leading UK provider of quality gaming accessories, is celebrating a strong 2018 performance today, cementing their position as a leading innovator in accessory design and sales across Europe.

Now in its 20th year of serving the gaming community with quality hardware, Venom has enjoyed five consecutive years of double-digit growth, with 2018 proving a record year for the Company in both turnover and volume.

Based in the UK, Venom is a Great British success story, leading product design, logistics and management from their UK headquarters, while investing heavily in its Far East R&D and manufacturing operations. Venom enjoys impressive performance in its native country, currently ranking as the No.1 provider in charging solutions.

Building on strong results, Venom is planning an ambitious year ahead. 2019 marks the official 20th anniversary for the Company, planning to leverage the impressive milestone via sustained marketing and PR initiatives designed to build brand loyalty and grow their gaming community. New product launches, and a strong emphasis on retail and consumer engagement are being planned as part of the yearlong celebration.

Tom Hodge, Sales Director for Venom commented on the Company’s impressive performance:

As a UK company, we are naturally pleased with our strong retail presence, and sales performance across the region, however, we will be placing particular focus on expansion into Europe in 2019.

We believe our sustained growth is down to a number of factors. Our company DNA is based upon service, both to retail and end consumer. Our trading relationships with customers are based on trust and Venom is laser focused on ensuring we offer a service level second to none. In a fast-paced retail environment, it’s essential that our customers have stock on hand whenever they require it, supporting their business with high margin accessories which add value to the gaming experience. We differ from many of our rivals by holding good stock levels of hardware at all times, able to move with agility to support market needs.

Further explaining key areas of the business which have resulted in the Companies’ growth, Tom Hodge further explains

We’ve enjoyed particular success with our range of peripherals for Nintendo® Switch, which demonstrates our ability to bring product to market swiftly and without sacrificing quality.

Products such as our Carry Case for PlayStation Classic and Protective Case for Poké Ball Plus are perfect examples on how we are able to deliver complementary accessories, whereas our continued investment in complex engineered hardware such as our range of Nighthawk Gaming Headsets, shows our continued investment in R&D both in the UK and the Far East.

With a new generation of consoles expected to be announced shortly, and a slew of adjacent categories of which we are actively exploring, we believe that the next 20 years of trading will be stronger than the last and look forward to sharing more news in the year ahead.

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