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COINTURK FINANCE > Business > Ambassify Acquires Social Seeder to Strengthen Employee Advocacy
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Ambassify Acquires Social Seeder to Strengthen Employee Advocacy

Overview

  • Ambassify acquires Social Seeder to expand its Employee Advocacy influence.

  • Both companies focus on empowering employees as brand ambassadors.

  • The merger aligns with growing trends in Employee Advocacy market.

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COINTURK FINANCE 6 months ago
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In a strategic move to bolster its influence in the realm of Employee Advocacy and Engagement, Belgium-based Ambassify has announced its acquisition of local market player Social Seeder. This acquisition underscores the growing importance businesses are placing on harnessing employee voices to foster success. By integrating Social Seeder’s expertise, Ambassify aims to enhance its services and expand its reach across Europe. This move not only strengthens Ambassify’s position but also provides its clients with more comprehensive tools for empowering employees and fostering company growth.

Contents
What Led to This Acquisition?How Will This Impact the Market?

Ambassify’s acquisition of Social Seeder represents a significant step in the consolidation of the Employee Advocacy market. Historically, both companies have been recognized for their contributions to promoting engagement within organizations. Social Seeder, founded in 2013, initially focused on turning employees and customers into brand ambassadors through social media. Over time, it shifted its emphasis towards Employee Advocacy and Engagement, a crucial adaptation following the disruptions caused by the COVID-19 pandemic. Social Seeder’s journey complements Ambassify’s own mission, making this acquisition a logical progression for both entities.

What Led to This Acquisition?

The rationale behind Ambassify’s acquisition of Social Seeder lies in the shared mission of both companies—to empower businesses through effective employee engagement. This shared vision is evident as both have focused on leveraging employee voices to enhance marketing, streamline recruitment, and boost internal engagement. The merger aims to build upon the strengths of both companies to initiate new projects and redefine strategies within the Employee Advocacy landscape. Social Seeder’s former CEO, Patrick De Pauw, expressed confidence in Ambassify’s ability to serve their clients’ advocacy needs, ensuring a smooth continuation of services.

How Will This Impact the Market?

The acquisition by Ambassify is expected to accelerate its growth, particularly in the European, Benelux, and APAC regions. Ambassify co-founder and CEO, Koen Stevens, highlighted that 2024 has marked a pivotal year for Employee Advocacy and Engagement, indicating a trend of market consolidation. By acquiring Social Seeder, Ambassify positions itself as a leader, capitalizing on Social Seeder’s established reputation for ease of use and customer support. This strategic acquisition enables Ambassify to better navigate the challenges posed by tight budgets while leveraging combined knowledge and resources to drive innovation in the sector.

“The combined knowledge and data both companies have built up over the years will allow our extended team to expand beyond our current markets, launch new initiatives, and redefine the broader space of Employee Advocacy and Engagement together.”

Ambassify, founded in 2017, operates as a platform that activates employees as brand ambassadors, utilizing their genuine voices to amplify brand visibility and enhance the distribution of social media content. By tapping into the potential of employee communities, Ambassify aims to foster meaningful engagement that benefits both the company and its employees. This acquisition aligns with Ambassify’s ongoing efforts to refine its platform and bolster its offerings to better meet the evolving needs of its clientele.

The acquisition of Social Seeder by Ambassify reflects a broader trend within the Employee Advocacy industry towards consolidation and strategic partnerships. This move positions Ambassify to capitalize on the increasing demand for effective employee engagement strategies, especially as businesses navigate a dynamic economic landscape. As budgets become tighter, the emphasis on employee empowerment and advocacy becomes even more critical, highlighting the importance of such strategic partnerships in driving long-term success.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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