Combined TotalSocial Programs Valued at CAD $324,250
NEW BRUNSWICK, N.J. and
MONTREAL, Aug. 7, 2019 /CNW/ -- Engagement Labs Inc.
(TSXV: EL) (the "Company") announced today that it has secured five
initial engagements with leading brands in four industry verticals.
The combined sales value of the contracts is CAD $324,250.
The verticals involved include banking, beverages, retail, and
streaming television. All five engagements are based on the
Company's TotalSocial® platform that measures online and offline
consumer conversations.
"TotalSocial is a multi-year, monthly subscription service. In
the case of these highly prestigious clients, we have designed
initial engagements to convert to ongoing programs following
successful completion," said Steven
Brown, President and Chief Revenue Officer of Engagement
Labs.
A key component of these engagements is applying predictive
analytics to connect consumer, to measure the relationship between
consumer conversations and purchases, and to identify marketing
strategies to drive growth. Earlier this year, the MIT Sloan
Management Review published the result to a major analytic project
by Engagement Labs and a leading academic at Northeastern University that showed consumer
conversations account for 19% of consumer purchases, on average.
TotalSocial provides clients with opportunities to capitalize on
this insight to increase sales.
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 the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) 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