Business
Adcore Announces New Contracts for Aggregated Estimated Annual Ad-Budget of CAD$4.9M; Almost Half Originating from North America
TORONTO, ON / ACCESSWIRE / January 5, 2022 / Adcore Inc. (the " Company " or " Adcore ") (TS...
About this update from Adcore Inc
[{"type":"text","content":"Adcore Announces New Contracts for Aggregated Estimated Annual Ad-Budget of CAD$4.9M; Almost Half Originating from North AmericaTORONTO, ON / ACCESSWIRE / January 5, 2022 / Adcore Inc. (the \"Company\" or \"Adcore\") (TSX:ADCO)(OTCQX:ADCOF)(FSE:ADQ)(TSX:ADCO.WT), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way (\"Effortless Marketing\"), today announced that during November and December 2021 the Company signed fourteen new clients across four of its main regions: North America, EMEA, AUNZ and Greater China, for an aggregated estimated annual advertising budget of CAD$4.9M.Adcore will provide a wide range of its proprietary technologies and services across all marketing channels to develop and enhance the growth of its newly acquired clients. The Company's local teams in North America, EMEA, AUNZ and Greater China will manage the digital marketing activities of these clients.Omri Brill, Founder and CEO of Adcore, commented, \"We are very pleased to see such strong ongoing momentum in our acquisition efforts. The fact that we were able not only to maintain, but increase our acquisition levels during the November-December time period, traditionally weaker months for B2B acquisition due to the holidays, is an amazing achievement by itself. Moreover, almost half of the projected digital advertising budgets of these new clients originates from U.S. based businesses, a market we have previously announced to be one of our key growth drivers in 2022 and beyond. The Company's continuous global expansion efforts, with an emphasis on North America, led to a record fourth quarter in new client acquisition, and set the foundation for a strong start of 2022.\"ABOUT ADCOREAdcore is empowering entrepreneurs, advertisers, and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. In addition to being named numerous times on Deloitte's Fast 50 Technology list, A...