16-month Contract Valued at CAD $272,000
MONTREAL, July 18, 2019 /CNW/ -- Engagement Labs Inc. (TSXV: EL) is pleased to announce a new deal in support of its growth strategy with the signing of a key new UK client. The deal is with a major challenger bank in the UK to utilize TotalSocial® as its proprietary data and analytics platform for social intelligence. The total value of the contract is CAD $272,000 (£160,000) over the 16 months.
The new client chose Engagement Labs' TotalSocial platform to help the firm manage and improve its reputation, competitive intelligence and improve brand health. This is a new addition to Engagement Labs' growing roster of financial industry clients in the UK and US markets. The Financial Sector is increasingly focused on customer centricity, and customer advocacy is increasingly important as a driver of growth in an evolving industry. TotalSocial helps financial services companies to create strategies and monitor performance against this objective.
"We are very pleased and excited to add this bank brand to our roster of clients," said Ed Keller, CEO of Engagement Labs. "Our Client understands well the importance of social influence data and analytics to drive enhanced marketing ROI and effectiveness, and has embraced TotalSocial for the value it can bring in providing a unique perspective on social engagement and its impact on its reputation and brand performance."
"Our Client recognizes the TotalSocial platform's ability to help achieve its goals, including improved marketing ROI and growth in top line revenue," added Steven Brown, President & Chief Revenue Officer of Engagement Labs. "We have strong experience in the finance sector and I am particularly encouraged by our recent momentum in the UK, which is a strong harbinger for further growth for the company."
About Engagement Labs
Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.
To learn more visit www.engagementlabs.com
Neither TSX Venture Exchange nor IIROC accepts responsibility for the adequacy or accuracy of this release.
For media inquiries please contact:
Vanessa Lontoc / Ed Keller, CEO
Engagement Labs
vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com
SOURCE Engagement Labs
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