Adcore Inc (TSX:ADCO) has announced a contract with Candlefox, an Australia-based education marketing firm, to manage their paid digital marketing activities.
Candlefox works with educational institutions in Australia, New Zealand and the UK to maximize student enrollment, the company said. The contract has an annual advertising budget of up to C$12 million.
“We believe Adcore's proven expertise in paid digital marketing combined with our technology solutions will provide the ideal solution for Candlefox to effectively and efficiently reach the right global audiences for its client institutions,” Adcore CEO Omri Brill said in a statement.
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Adcore offers digital marketing solutions that empower 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.
Established in 2006, the company employs over 50 people at its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong, and Shanghai, China.
"We are delighted to be partnering with Adcore on our paid digital marketing,” Candlefox Chief Marketing Officer Sarah-Jane McQueen said. “The team approached the pitch with enthusiasm, care, and focus, demonstrating how they understood our brief and could add value to our business at multiple levels.”
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