Stagwell’s Annual Competition Acts as Incubator for Tech-Focused Marketing Startups with $1M in Funding to Start
NEW YORK and LONDON, April 11, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW) Marketing Cloud has announced the winner of its 2022 Innovation Competition, a program designed to unleash employee innovation and fund technology that solves the modern marketer’s pain points. SmartAssets is an AI-powered SaaS platform that uses AI to extract creative components from ads. It then uses performance data from those ads to guide and support the creative process by reporting, forecasting, and optimizing ads for effectiveness. With AI-powered asset categorization, performance analytics, and instant creative adjustments, brands can better optimize production timelines and overall media performance.
“We were inspired once again by the visionary ideas that were presented in this year’s internal ‘Shark Tank,’ where the competition was fiercer than ever,” said Stagwell Chairman and CEO Mark Penn. “The potential and capabilities of SmartAssets perfectly align with the needs of modern marketers – bringing data-driven decision making to the creative process – and we’re excited to leverage the Stagwell ecosystem to perfect the platform, bring it to market and let it go to work.”
SmartAssets was developed by a team from multilingual content and media consultancy Locaria, part of Stagwell’s Brand Performance Network: Chief Operating Officer Lindsay Hong, Data Scientist Eric Walzthöny, and Innovation Lead Vitaly Boitelet. The platform has three core capabilities:
- AI-powered asset management: SmartAssets reads the full content of a brand’s creative library and categorizes its attributes. It ensures assets meet industry and brand standards.
- Performance analytics: By connecting with a brand’s advertising platforms, SmartAssets provides performance reporting data not only to the creatives, but to media teams.
- Instant creative adjustments: After identifying opportunities, SmartAssets lets users quickly act on them by adjusting creative within the platform instantaneously.
“Global brands know that great creative drives performance just as much as a smart media strategy, and are looking for greater understanding and control of their increasingly complex creative asset portfolio. They want to be sure that the assets they produce not only meet quality and branding guidelines but will also land with the intended audience and drive results,” said Lindsay Hong, COO, Locaria. “By leveraging AI and the existing media infrastructure of the Brand Performance Network, SmartAssets will derive insights at scale to inform the creative process and expedite media strategy activation, allowing brands and agencies to unite their creative and media teams around one goal.”
Stagwell Marketing Cloud’s Innovation Competition provides funds and expertise for Stagwell’s 13,000+ employees to develop transformational ideas for technology-driven marketing solutions. The brief is simple: create a concept for a client-facing product at the intersection of technology, marketing, and business transformation.
“Our annual innovation competition, which we colloquially refer to as ‘Shark Tank,’ taps into the network’s global, cross-functional talent and deep understanding of the modern marketer,” said Stagwell Marketing Cloud Chief Marketing Officer Elspeth Rollert. “We pair that industry knowledge with the vast technical resources we have at Stagwell to build SaaS solutions that solve some of the industry’s biggest pain points.”
Past winners of the Stagwell Marketing Cloud Innovation Competition have developed into successful products, including:
- Harris Brand Platform (2018 Winner), an industry-leading brand management software tool that collects critical brand and marketing data on brand competitors and consumers, to help marketers segment, target, measure and optimize campaign effectiveness.
- PRophet (2019 Winner), the only generative and predictive A.I-driven PR tool that helps professionals draft releases and social content in minutes. PRophet was recently named the winner of the Innovation SABRE Awards North America 2023 in the PR Software and Services category.
- ARound (2020 Winner), a first-of-its-kind fan engagement platform that delivers stadium-level augmented reality experiences, in use by the MLB, NFL, and launching soon in the NBA.
- WonderCave (2021 Winner), a peer-to-peer texting solution helping to grow brands and build communities with 1:1 text conversations at scale. WonderCave was crowned the 2022 Campaign Tech Award Winner for Best Texting Platform.
About Stagwell Marketing Cloud
Stagwell Marketing Cloud (SMC) is a suite of data-driven SaaS solutions built for the modern in-house marketer. Born out of Stagwell’s network of award-winning marketing agencies, SMC’s technology empowers marketers to drive business impact by giving them intuitive tools equipped with proprietary, actionable data. SMC’s portfolio of solutions powers strategic customer research, communications, and media activation for brands worldwide by leveraging technology such as generative artificial intelligence, shared augmented reality, and more. Get your head in the cloud at www.stagwellmarketingcloud.com.
About Stagwell
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Media Contact
Sarah Arvizo
pr@stagwellglobal.com
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First Stadium-Level AR Platform for Large-Scale Venues, ARound Builds on 2022 Experiences with the Minnesota Twins and Los Angeles Rams, with Opening Day Launch at Kauffman Stadium
NEW YORK and KANSAS CITY, Mo., March 30, 2023 /PRNewswire/ — ARound, a next-generation fan engagement platform designed to enhance gameday fun with live, real-world augmented reality (AR) experiences – and part of the Stagwell (NASDAQ: STGW) Marketing Cloud – has expanded its professional sports partnerships to include the Kansas City Royals for the 2023 baseball season. Launching in Kauffman Stadium today, “Crown Vision AR” provides the venue’s 38,000 fans with a shared AR experience that includes interactive follow-along features after base hits and plays, contests, fan loyalty features, and brand sponsorships custom to the Royals.
“Our launches with the Twins and Rams last year showed us how engaging AR can be when it offers immersive in-game experiences while allowing fans to share in those experiences together. With the Royals, we’re bringing even more interactive and collaborative gameday features to their fingertips,” said ARound Founder and CEO Josh Beatty. “Rather than detract their attention with apps that take them away from the action on the field, ARound keeps fans focused on the real-world plays, their favorite players, and the energy around the stadium, allowing them to engage with the game like never before.”
“As we look to excite and engage the next generation of baseball fans, we know that ARound’s technology provides an amazing opportunity for the Royals,” said Kansas City Royals Vice President of Brand Innovation Tony Snethen. “Not only does augmented reality make the game more interactive, but we also believe it will serve to help users see the game in a whole new way.”
Building on its launches with the Minnesota Twins and Los Angeles Rams in 2022, ARound’s stadium experiences are becoming more immersive and interactive. Crown Vision AR features include:
- Real-Time Integration: Provides automatic follow-along effects like player hit graphics and fireworks after home runs, which are based on real-time action to both educate and entertain fans with relevant connected content.
- Fire-Breathing Dragon: ARound turns the Royals stadium into an interactive castle, with a fire-breathing dragon that fans can control, and make other teams feel the heat.
- Mass Gaming: The entire stadium can participate in the same gaming experiences, such as the Hot Dog Derby race, Mow Monster, and BatterUp, where fans can compete for in-stadium discounts and prizes.
- In-Venue Broadcast: Integration with the venue’s videoboard brings stadium AR to the masses and creates new second-screen experiences for fans to enjoy.
- Team IP and Sponsor Content: Characters in Royals jerseys, background signage and other brand activations keep the team and sponsors top-of-mind for fans. Additional opportunities for fan activations and sponsor integration include Royals promotional tie-ins, virtual rewards, and a prize launcher featuring a giant Pasquatch.
- Live 3D Stats: Later this season, ARound will also feature live 3D stats and play-by-play graphics for a broadcast-level experience in the stadium.
Crown Vision AR is powered by the ARound Stadium app on iOS and Android. Journalists interested in covering the launch can access the press kit here.
About ARound
ARound is a first-of-its-kind stadium-level shared augmented reality platform and is part of the Stagwell Marketing Cloud, a proprietary suite of SaaS solutions built for the modern marketer. ARound keeps audiences engaged by capturing their attention through immersive, interactive and shared experiences with fellow fans across the venue. Where other AR products offer isolating, singular experiences, ARound’s massive multi-user AR – which uses 3D spatial computing to localize content – redefines what it means to be part of a connected fan experience. It was the winner of Stagwell’s annual innovation competition which invests in new product ideas proposed by the network’s 13,000+ employees. ARound and the Stagwell Marketing Cloud are a part of Stagwell (NASDAQ: STGW), the challenger network build to transform marketing.
About the Kansas City Royals
The Kansas City Royals are a professional baseball team based in Kansas City, Missouri. The team competes in Major League Baseball (MLB) as a member of the American League (AL) Central division. The Royals have won two World Series championships, in 1985 and 2015.
Media Contacts
For ARound
Sarah Arvizo
pr@stagwellglobal.com
For the Kansas City Royals
Sharita Hutton
816.504.4398
sharita.hutton@royals.com
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BIDEN AND TRUMP SOLIDIFY SUPPORT AMONG PARTY BASES
AMERICANS ARE UNITED IN THEIR CONCERN ABOUT CHINA BUT ARE SPLIT ON TIKTOK
NEW YORK and CAMBRIDGE, Mass., March 24, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW) today released the results of the March Harvard CAPS / Harris Poll, a monthly collaboration between the Center for American Political Studies at Harvard (CAPS) and the Harris Poll and HarrisX.
President Joe Biden’s approval rating remains at 43% while Congress’ approval has risen to 40% as Americans seem to like divided government. While Americans were very concerned about inflation, 71% think the banking crisis will impact them not at all or only a little bit. The poll also includes data on China and Ukraine, the Ohio train derailment, abortion pills, and more. Download key results here.
“Public opinion is settling in as both Trump and Biden consolidate partisan support and start to make comebacks that seemed so unlikely at the end of last year,” said Mark Penn, Co-Director of the Harvard-CAPS Harris Poll and Stagwell Chairman and CEO. “Meanwhile Wall Street is tied up in the banking crisis but not Main Street. Americans are in fact a little more satisfied because they were looking for divided government and are getting it.”
VOTERS APPROVE OF THE GOVERNMENT’S BANK INTERVENTIONS BUT ARE NOT PERSONALLY CONCERNED ABOUT BANKING CRISIS
- 67% of voters agree with the Biden administration’s decision to step in and guarantee all customer deposits from Silicon Valley Bank and other failed banks.
- Furthermore, 77% of voters think the government should fully insure deposits at all US banks, not only systematically important firms.
- Americans aren’t worried about the banking crisis reaching them: 71% think the bank failures will impact them not at all or only a little bit. 67% think the deposits in their own banks are safe.
- Americans care more about inflation than the banking crisis: 54% of voters believe the Federal Reserve should prioritize fighting inflation even if it means allowing banks to fail and could lead to a financial crisis in the short term.
AMERICANS AGREE TRUMP INDICTMENT LOOKS POLITICAL BUT SUPPORT OR OPPOSE IT ALONG PARTY LINES
- Voters are split evenly along party lines on whether they think the Manhattan DA should indict Trump.
- But 59% think the indictment is politically motivated, and 67% think the Trump payment in question was a personal, not a campaign, payment.
- 61% of voters, including half of Republicans, agree that Trump’s calls for protests in case he is arrested were irresponsible.
AMERICANS ARE UNITED IN THEIR CONCERN ABOUT CHINA BUT ARE SPLIT ON TIKTOK BAN
- 75% of voters see China as an enemy of the US, and 80% think it seeks to replace the US as the key player in global affairs.
- 55% of voters think Biden’s foreign policy is too weak on China.
- Voters support banning TikTok on government devices (75%) but are split on how to handle TikTok for the public: 45% support a full ban in the US, while 46% support allowing the app with conditions such as forcing it to undergo regular security reviews or forcing its Chinese owners to sell their stakes.
- 56% of voters think there is a high or very high likelihood China invades Taiwan in the next 5 years.
TRUMP AND BIDEN SOLIDIFY THEIR SUPPORT AHEAD OF PRIMARY SEASON BUT TRUMP HAS A CLEAR CHALLENGER
- Biden rose 5 points to 41% support in a hypothetical Democratic primary, while Trump rose 4 points to 50% support in a hypothetical Republican primary.
- A Biden-Trump rematch now looks probable: 57% of Republican and Independent voters think Trump will win the Republican primary, while 60% of Democratic and Independent voters think Biden will win the Democratic primary.
- But Trump has a clear challenger while Biden does not: Ron DeSantis trails Trump in a head-to-head primary matchup by 12 points but his favorability-unfavorability gap is 15 points more positive than Trump’s.
VOTERS WANTED BETTER FROM BIDEN AND BUTTIGIEG ON OHIO TRAIN DERAILMENT
- 61% of voters think Biden should have visited East Palestine, the site of the derailment, right away.
- Transportation Secretary Pete Buttigieg’s reputation has suffered: 61% of voters consider his handling of the incident poor or fair.
The March Harvard CAPS / Harris Poll survey was conducted online within the United States from March 22-23, 2023, among 2,905 registered voters by The Harris Poll and HarrisX. Follow the Harvard CAPS Harris Poll podcast at https://www.markpennpolls.com/ or on iHeart Radio, Apple Podcasts, Spotify, and other podcast platforms.
About The Harris Poll & HarrisX
The Harris Poll is a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. It works with clients in three primary areas: building twenty-first-century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. One of the longest-running surveys in the U.S., The Harris Poll has tracked public opinion, motivations, and social sentiment since 1963, and is now part of Stagwell, the challenger holding company built to transform marketing.
HarrisX is a technology-driven market research and data analytics company that conducts multi-method research in the U.S. and over 40 countries around the world on behalf of Fortune 100 companies, public policy institutions, global leaders, NGOs and philanthropic organizations. HarrisX was the most accurate pollster of the 2020 U.S. presidential election.
About the Harvard Center for American Political Studies
The Center for American Political Studies (CAPS) is committed to and fosters the interdisciplinary study of U.S. politics. Governed by a group of political scientists, sociologists, historians, and economists within the Faculty of Arts and Sciences at Harvard University, CAPS drives discussion, research, public outreach, and pedagogy about all aspects of U.S. politics. CAPS encourages cutting-edge research using a variety of methodologies, including historical analysis, social surveys, and formal mathematical modeling, and it often cooperates with other Harvard centers to support research training and encourage cross-national research about the United States in comparative and global contexts. More information at https://caps.gov.harvard.edu/.
Sarah Arvizo
pr@stagwellglobal.com
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Journalists from Amazon Prime, Axios, FOX Sports, Sportico and Others to Conduct Live Interviews at the Beach
NEW YORK and CANNES, France, March 23, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, announced today its first round of talent and brand partners to be featured at Sport Beach, the network’s flagship venue at the Cannes Lions International Festival of Creativity 2023 (Cannes Lions). Built for brands, platforms and athletes to tap into the cultural zeitgeist of sport and explore the power of fandom, Sport Beach was created to be a uniquely magnetic experience that stands apart from the crowded scene at Cannes Lions.
“We’re delighted to unveil our first round of partners at Sport Beach who share our enthusiasm for the power of sport and its ability to connect with fans, drive culture and shape worldviews,” said Stagwell Chief Brand and Communications Officer Beth Sidhu. “With their support we know Sport Beach will be a forum for a spirited exchange of ideas, proven methods of success, and ultimately, the inspiration we need to build the next generation of fans.”
Athletes
- Maria Sharapova (tennis) – A former No. 1 world tennis player, Sharapova is one of 10 women to achieve a career Grand Slam, which she achieved five times before retiring in February 2020. Today, she is a polymath entrepreneur, investor, author and mother.
- Allyson Felix (track and field) – Seven-time Olympic Gold Medalist and five-time Olympian, Felix is the most decorated Track & Field Olympian in history and one of the leading advocates for gender-equality and maternity protection. Before retiring in 2022, she co-founded Saysh, a community centered lifestyle brand that revolutionized footwear for women.
- Spencer Dinwiddie (basketball) – An NBA star, Dinwiddie serves as guard for the Brooklyn Nets, which he rejoined in February 2023 after playing on the team from 2016-2021. Along with his business partner Solo Ceesay, Spencer is co-founder of Calaxy, a next-generation social marketplace reimagining the creator-fan relationship. The application gives creators the ultimate toolkit to interact with and reward their fans in one place, creating a fair exchange of value and facilitating unmatched community monetization.
- DK Kizer (football) – Former Quarterback for the National Football League’s Cleveland Browns and the Notre Dame Fightin’ Irish, Kizer is now the Founder & CEO of a Web3 start up called One of None – a platform that helps Creators build and launch physical products backed and authenticated by digital assets.
- Patrice Evra (soccer) – Former Manchester United and France National team Captain, Patrice is now a successful entrepreneur with his ‘I Love This Game’ brand, an activist, motivational speaker and a hugely influential social media personality.
- Kyle Martino (soccer) – Martino has played at all levels of U.S. Soccer from youth, to college, to Major League Soccer and the U.S. Men’s National Team. Today, Kyle is a commentator, entrepreneur and founder of the Over Under Initiative, a nonprofit dedicated to improving the health and wellness of kids by increasing access to sport in urban neighborhoods.
- Diana Flores (flag football) – Star quarterback and captain of Mexico’s National Team. A World Games Gold medalist, Diana also serves as the NFL & IFAF’s Flag Football global ambassador. She was recently the Offensive Coordinator for the AFC at the 2023 NFL Pro Bowl Games and was the featured star in the NFL’s Super Bowl LVII advertisement, “Run With It,” the top 2 rated commercial by 2023 USA Today AdMeter.
Brand Partners
- Axios, a digital media company delivering trustworthy breaking news and invaluable insights to help readers and viewers get smarter, faster across the topics reshaping our lives in politics, tech, business, media, science and the world.
- Diageo, the global leader in beverage alcohol, will be the exclusive spirits partner of Sport Beach. It houses an outstanding collection of some of the biggest brands across spirits and beer including best-selling Scotch whisky brand, Johnnie Walker, the world’s most celebrated gin, Tanqueray, and the world’s best-selling premium distilled vodka, Smirnoff.
- Penske Media Corporation, a leading global media and information services company, has been a pioneer in digital media and a platform innovator since 2004, reaching viewers on all screens across its ever-growing constellation of iconic brands Variety, Rolling Stone, The Hollywood Reporter, Billboard, Dick Clark Productions, WWD, SHE Media, Sportico, and more. PMC also owns several vital cultural events such as SXSW, Latin Music Week and others.
- United Airlines, one of the world’s largest airlines, will serve as the official airline of Sport Beach. Operating the most comprehensive global route network among North American carriers and with their new platform “Good Leads the Way,” United is committed to doing good in the air and on the ground through its investments and partnerships.
Journalists
- Erin Andrews – FOX Sports reporter, founder of top selling women’s sports-licensed apparel brand, WEAR by Erin Andrews, and co-host of the hit podcast “Calm Down,” Erin Andrews contributes exclusive interviews and sideline reports from FOX NFL’s top game each week as part of the network’s lead crew.
- Sara Fischer – Axios senior media reporter, CNN media analyst, author of the must-read Axios Media Trends weekly newsletter, covering the most consequential news, companies and leaders in the media industry.
- Ben Lyons – On-air host and producer of sports and entertainment content across all media. He is the Co-Executive Producer of Prime Video Sports Talk for Amazon, Co-Host of the network’s daily morning show, ‘Bonjour Sports Talk,’ and the Chief Storyteller for Revel Moments.
- Eben Novy-Williams – Award-winning Sports Business Reporter for Sportico where he covers the biggest deals across the sports industry from NFL to pickleball to how NIL is changing the game.
- Scott Soshnick – Editor-in-chief of Sportico, the premier digital content platform providing sports industry news, data, insights, strategies, leadership and live media for professionals in the sports industry.
Stagwell invites brands, athletes, sports leagues/teams, media platforms, journalists, and other interested parties who would like to partner on the ground to reach out to cannescomms@stagwellglobal.com for more information.
Sport Beach will be produced by TEAM Enterprises in partnership with Cheerful Twentyfirst. Stagwell’s 72andSunny, Anomaly, Allison+Partners, Assembly, Code and Theory, Doner, Forsman & Bodenfors, GALE, Instrument, National Research Group and Stagwell Marketing Cloud will drive the conversation.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
About Penske Media Corporation
Penske Media Corporation is a leading global media and information services company whose award-winning content attracts a passionate audience. Since 2004, PMC has been a pioneer in digital media and a platform innovator, reaching viewers on all screens across its ever-growing constellation of iconic brands, which includes Variety, Rolling Stone, The Hollywood Reporter, Billboard, Dick Clark Productions, WWD, SHE Media, Robb Report, Deadline, Sportico, BGR, ARTnews, Fairchild Media, Vibe, IndieWire, Dirt, Artforum, Gold Derby, Spy.com and Luminate, the premier data and analytics company. PMC’s journalists and content creators deliver daily the most comprehensive news and information in their industries and areas of coverage, unequaled in ambition, depth, and courage. In addition, PMC owns several vital cultural events such as SXSW, LA3C, Life is Beautiful, Latin Music Week and ATX Television Festival. Headquartered in New York and Los Angeles with additional offices in 14 countries worldwide, PMC believes companies should not only be profitable but also forces for good www.pmc.com.
About Axios
Axios is a digital media company delivering trustworthy breaking news and invaluable insights to help readers and viewers get smarter, faster across the topics reshaping our lives in politics, tech, business, media, science and the world. Axios was created around a simple proposition: deliver the cleanest, smartest, most efficient, and trust-worthy experience for readers and advertisers alike. www.axios.com
Media Contact
Sarah Arvizo
pr@stagwellglobal.com
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With record growth in 2022, GALE secures top industry accolades, demonstrating its prowess as an industry agency leader.
NEW YORK, March 15, 2023 /PRNewswire/ — GALE, a Business Agency, is proud to announce its win of two top industry awards: Ad Age’s A-List and Adweek’s Breakthrough Media Agency of the Year. The honors recognize the agency’s outstanding growth and its integrated, results-driven approach to working with leading industry clients like H&R Block, Chipotle, MilkPEP, and Hard Rock International among others.
Founded in 2014, GALE has grown to more than 700 employees across nine offices globally. Combined with this significant growth in headcount, GALE experienced a more than 130% increase in revenue last year, making the company one of the fastest-growing agencies in the US.
“This has been a banner year for GALE; being honored by Ad Age and Adweek on the heels of an exceptional growth year is particularly special. We’ve significantly expanded our teams, brought new expertise into the fold and started working with a number of new clients. But ultimately, this is a moment to recognize all the great people that work at GALE and the great clients we partner with,” said GALE CEO and President Brad Simms.
In 2021, GALE was named Ad Age’s Data & Analytics Agency of the Year, but 2023 marks the first time GALE has been named to Ad Age’s A List, coming in at number five. “We started as seven people specializing in consulting and data and today, we service a client’s every need as true business partners, delivering fully integrated solutions and recoupling creative and media. These industry awards highlight the gains we’ve made as a business, but more importantly, our team’s continued focus to help our clients drive meaningful business results,” Simms added.
As Adweek’s Breakthrough Media Agency of the Year, GALE is recognized for its powerful and growing media practice. Four years into offering this capability, GALE manages a billion dollars in media billings, servicing clients seeking alternatives to traditional media networks.
“At GALE, we live by a simple equation: great people + great clients + great culture = great work,” said Simms. “On the inside, we see this equation hard at work in countless ways across the business. It is an honor to receive such incredible recognition and validation from the broader industry. These awards are testaments to the team at GALE, their dedication, high standard of work excellence, and our many loyal, extraordinary client partners.”
About GALE
GALE is a Business Agency. We bring business insights to brand storytelling and activate across every channel. With expertise in business strategy, CRM, loyalty, brand storytelling, integrated, performance, creative, and content marketing, experience design and media, GALE creates marketing systems and communications that grow businesses. GALE delivers strong business outcomes for its partners in automotive, QSR, retail, gaming, entertainment, telecom and more. Founded in 2014, the agency currently has offices in New York, Singapore, Toronto, Denver, Los Angeles, London, Austin, Kansas City and Bengaluru. GALE has received top industry awards including Ad Age‘s A-List, Ad Age‘s Data & Analytics Agency of the Year, Adweek‘s Fastest Growing Agency and Adweek‘s Breakthrough Media Agency of the Year. For information on GALE, its customer data platform Alchemy™ and its consumer research capability ASK GALE, visit: https://gale.agency/.
CONTACT
Lindsay Bennett
lindsay.bennett@galepartners.com
917 497 5582
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By: Ray Day
CONTACT:
We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:

WORRIES ABOUT ECONOMY EDGE UP:
Today, 85% of Americans are concerned about the economy and inflation – up 1 point from last week and up from the 82% rate we saw in December.
- 80% worry about a potential U.S. recession (down 1 point)
- 80% about U.S. crime rates (no change)
- 74% about political divisiveness (up 1 point)
- 70% about affording their living expenses (up 2 points)
- 69% about the War on Ukraine (down 5 points)
- 55% about a new COVID-19 variant (down 3 points)
- 46% about losing their jobs (down 8 points)
CULTURE CHANGE BIGGER WORRY THAN LAYOFFS:
Employees are more concerned that the employee-first cultures developed during the pandemic will fade due to today’s economic uncertainty than they are worried about being laid off, according to our survey with Justworks.
- 42% of employees are worried about getting laid off due to the looming recession.
- 48% say they are worried about a reduction in offered benefits or perks at their company.
- 47% say they have changed their behavior at work to avoid being laid off during the looming recession, such as working longer hours (35%).
- Others feel that increasing their skillset will provide them with more job security, with 19% saying they’ve learned new professional skills and 17% considering additional schooling.
- However, many employees are seeing positive culture changes fade away: 46% say that their coworkers are more competitive at work now than before the looming recession.
- 52% see a worsening company culture today company to the employee-first mindset of the pandemic
GRANDMOTHERS UNSUNG CAREER HEROES:
As many Americans struggle to find affordable childcare, grandmothers are becoming the unsung heroes that allow many professionals to stay on the job, according to our survey with Fortune.
- 42% of working parents rely on grandmothers for childcare – similar to the number utilizing professional childcare/daycare.
- 92% of Americans believe grandmas are making significant economic contributions through the childcare they provide, with 83% even saying that, without this care, the American economy would suffer.
- 4 in 5 working parents who rely on grandmas for childcare say that support allows them to pursue their career goals.
- 67% say there are times they might have lost their job without the help of their child’s grandmother stepping in to help with care.
SHOW ME THE MONEY, TRAVELERS SAY:
When staying at a hotel, Americans want to know the total costs up-front – fees and all – according to our survey with NerdWallet.
- 64% of the those who intend to travel in 2023 and have ever looked for hotels/motels/resorts prefer to see one total combined price that includes all charges rolled into one, rather than a room rate plus separate fees.
- One exception is Gen Z: 39% of Gen Z prefer to see fees separated out from the nightly rate, compared with just 29% of Generation X and 25% of Baby Boomers.
AUTO BRANDS SCORE WITH GEN Z, THANKS TO EV’S:
Electric vehicles are attracting younger consumers to BMW, Mini, Subaru, Volvo and Cadillac, according to our latest Gen Z survey.
- In our quarterly look at the top 20 brands gaining traction with Gen Z, BMW was ranked fourth overall and was the highest of any auto brand in the study.
- The top brand gaining favor with Gen Z is Aldi, followed by the WNBA and ice cream brand Blue Bunny.
- Volvo came in fifth, Subaru seventh and Cadillac 17th.
SIX PREDICTIONS FOR THE FUTURE OF COMMS:
What does new technology mean for the future of people in the communications and PR profession? Stagwell’s Marketing Cloud team – fresh off the announcement of a new AI tool to write news releases and land media coverage – has six predictions:
- Generative AI will drive next-generation communications – with 92% of comms professionals believing AI use in PR is worth exploring, yet 61% also worrying that AI could eliminate jobs.
- Brand safety will be a top-line priority for communicators – with 40% of communications professionals expecting concerns around brand safety to increase this year and 83% of consumers saying they are much more or somewhat more aware of brand safety issues than a year ago.
- Predictive pitching and personified media targets will help PR pros land their message – with 77% of those in PR admitting it is harder than ever to secure earned media coverage and journalists saying they responded to only 3% of pitches last year.
- Comms pros will have more options when it comes to building their tech stack – with 50% of enterprises relying on industry cloud platforms to accelerate their business initiatives in the next five years.
- Data ethics and privacy will take center stage – with 91% of PR leaders saying it is an ethical responsibility for companies to handle data storage properly, 84% of comms pros expressing concern that data privacy could be compromised if they use new tech tools and 50% of organizations that operationalize AI transparency seeing an improvement in adoption, business goals and user acceptance.
- Pay for creators and influencers will become more transparent – with a 35% pay gap in 2021 between White and Black influencers and 59% of Black creators reporting being negatively affected when they speak about race on their platform.
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NEW YORK, March 9, 2023 /PRNewswire/ — Stagwell Inc. (Nasdaq: STGW) (“Stagwell” or the “Company”), the challenger network built to transform marketing, today announced the pricing of its previously announced underwritten public offering of an aggregate of 16,000,000 shares of its Class A common stock, par value $0.001 per share (the “Class A Common Stock”), by entities affiliated with The Stagwell Group LLC and Goldman Sachs (collectively, the “Selling Stockholders”) at a public offering price of $6.75 per share. The offering is expected to close on or about March 14, 2023, subject to satisfaction of customary closing conditions. The Selling Stockholders also granted the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A Common Stock at the public offering price, less underwriting discounts and commissions. The Company will not receive any proceeds from the sale of shares in the offering.
Morgan Stanley and Goldman Sachs & Co. LLC are acting as joint lead book-running managers and as representatives of the underwriters for the offering, SVB Securities LLC and Wells Fargo Securities, LLC are also acting as joint book-running managers for the offering. Rosenblatt Securities Inc. is acting as co-manager for the offering.
The Company has filed a registration statement (including a base prospectus) and a preliminary prospectus supplement with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates and will file a final prospectus supplement relating to the offering. The offering is being made only by means of a prospectus supplement and the accompanying prospectus. Before investing, prospective investors should read the prospectus supplement, accompanying prospectus and documents incorporated by reference therein for more complete information about Stagwell and the offering. You may obtain these documents for free by visiting the SEC’s website at http://www.sec.gov or by contacting: Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at Prospectus-ny@ny.email.gs.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities in any jurisdiction in which such offer, solicitation or sale is unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that are not historical facts constitute forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the expected completion of the offering.
These forward-looking statements are subject to various risks and uncertainties, many of which are outside Stagwell’s control. Important factors that could cause actual results and expectations to differ materially from those indicated by such forward-looking statements include, without limitation, the Company’s and the Selling Stockholders’ ability to satisfy the conditions to closing and consummate the transaction and other risks and uncertainties discussed in the prospectus supplement related to the offering, Stagwell’s Annual Report on Form 10-K for the year ended December 31, 2022 and its other reports filed from time to time with the SEC. Unless required by law, Stagwell undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.

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By: Ray Day
CONTACT:
We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:

WORRIES ABOUT ECONOMY DOWN BUT JOB-LOSS CONCERNS GROW:
Today, 84% of Americans are concerned about the economy and inflation – down 1 point from last week and closer to the 82% rate we saw in December.
- 81% worry about a potential U.S. recession (no change)
- 80% about U.S. crime rates (down 2 points)
- 74% about the War in Ukraine (up 2 points)
- 73% about political divisiveness (no change)
- 68% about affording their living expenses (down 1 point)
- 58% about a new COVID-19 variant (up 3 points)
- 54% about losing their jobs (up 11 points)
WOMEN INCREASINGLY CONCERNED WITH WORRY – WITHOUT HEALTHCARE SUPPORT:
Women are increasingly consumed by worry and let down by a health care system that neglects their needs, our “The State of Women” survey with theSkimm found.
- 71% are consumed with worry – thinking through every single scenario, at home and work, and planning for every contingency.
- 82% of women surveyed said that, while there’s much talk about how overburdened women are, no one is actually helping ease the burden.
- 63% of Millennial women – and 70% of LGBTQIA Millennial women – said they’ve received disappointing or inadequate medical care.
- 59% reported that they had sought treatment from doctors who did not believe them or ignored their needs.
- 77% of women agreed with the statement “I am the only advocate for my health and well-being.”
- For example, 92% of women said they are now prioritizing their health and 81% said they are “actively seeking new lifestyles that prioritize their health and well-being.”
NEW HIRES, RAISES STILL ON TAP, HIRING MANAGERS SAY:
American hiring managers are forecasting pay bumps and hiring sprees even amid economic uncertainty, according to our survey with Express Employment Professionals.
- 75% of hiring managers predict employees at their companies will receive a bump in pay this year, up from 58% in 2020.
- 60% of hiring managers say their company plans to increase the number of employees in the first half of 2023, on par with the first and second halves of 2022.
- 45% said they have open positions they cannot fill. That is the highest proportion of job openings reported since the study began in the first half of 2020.
- Those positions remain unfilled due to a lack of applicants (40%), lack of applicants with relevant experience (47%), hard skills (46%) and/or soft skills (31%).
- 29% say their company needs more money in the budget this year or that their upper management still needs to approve new hiring.
SLEEPLESS IN AMERICA:
Our Wake Up America survey with Idorsia finds the far-reaching effects of insomnia on personal relationships and the compounded overall effects on our health.
- 41% of people with trouble sleeping say it causes them to argue more with their partner or disrupt their partner’s sleep and their relationship overall.
- 53% report their trouble sleeping is an added relationship stressor, with 41% saying their partner has had to pick up the slack with household chores and nearly a third (31%) saying they have slept in a separate bed.
- While 67% of primary care physicians say they ask about sleep in routine visits, only 36% of people with trouble sleeping report being asked.
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Roving Video Content Studio Will Capture On-the-Ground Perspectives to be Shared via Stagwell’s Digital Channels
NEW YORK and AUSTIN, Texas, March 1, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, is gearing up for its biggest South by Southwest Festival (SXSW) presence to date with programming ranging from official panels to side-stage conversations to special events. Stagwell network leaders from Assembly, Brand Performance Network, Code and Theory, GALE, KWT Global, MMI Agency, National Research Group (NRG), Stagwell Marketing Cloud, and YML will explore artificial intelligence, advertising, marketing, emerging tech, fandom, public relations and communications, sports innovation, sustainability, and other buzzing topics.
“SXSW sets the tone for the creative and cultural trends that define the year ahead,” said Stagwell Chairman and CEO Mark Penn. “From the unifying power of sports and brand fandom to the next frontiers of AR and AI, Stagwell is headed to Austin to help drive – and learn from – the conversations that are top-of-mind right now for marketers, technologists, entrepreneurs and business leaders alike.”
Press or brand leaders interested in attending any of the below and/or connecting with Stagwell on the ground should contact sxsw2023@stagwellglobal.com.
Where Stagwell is Showing Up
Saturday, March 11
- 11:30AM: The Power of Fandom in the Metaverse: This session will explore how fandom is the forum for new immersive ways, spaces, and types of connection, and how the metaverse is changing the way audiences connect and interact with sports, entertainment, music, and gaming; featuring Infinite Reality CMO Hope Frank, NRG CMO Grady Miller, Lenovo CMO, North America Gerald Youngblood, and Brand Performance Network, Global Chief Content & Partnership Innovation Officer Shannon Pruitt.
- 11:50AM: Women in Marketing Leadership Forum: YML’s SVP of Growth Stephanie Wiseman will join Danone’s Head of Marketing Linda Bethea, Hyatt VP, Global Marketing Laurie Blair, MetLife SVP, Global Brand & Marketing Michelle Froah, and Visa Head of Corporate Marketing Alison Herzog in conversation at the Brand Innovators Leadership Summit.
- 4PM: Stagwell, in partnership with Sportico, will host cocktails to commemorate the kickoff of SXSW at the Four Seasons Hotel.
Sunday, March 12
- 11:15AM: Women in Marketing Leadership Forum: While an increasing number of female leadership appointments make headlines, progress still feels slow. Wells Enterprises Chief Commercial Officer Santhi Ramesh, Nature’s Sunshine VP, Marketing Stephanie O’Farrell, former P&G Beauty, Grooming & Health Chief Communications Officer Kelly Vanasse, and MMI Agency CEO Maggie Malek join Brand Innovators Leadership Summit to share lessons learned.
- 11:30AM-12:30PM: Anatomy of a Fan: Harnessing Loyalty, Insights, and Emerging Technology: Join ARound Founder and CEO Josh Beatty, NRG EVP, Strategy & Innovation Fotoulla Damaskos, Minnesota Twins Sr. Director, Innovation and Growth Chris Iles, and Sportico Sports Business Reporter Eben Novy-Williams in conversation on the power of sports, and creating and nurturing brand fandom.
- 2:20PM: Sustainability & Purpose-Driven Marketing: This Brand Innovators Leadership Summit session will feature YML CCO Stephen Clements in conversation with PepsiCo Senior Director, Creative & Digital Christian Hoyle, YETI Director, Creative Ginny Golden, Kickstarter VP, Brand Marketing Elyse Mallouk, and OkCupid Global Head of Communications Michael Kaye, moderated by Everfi VP, Enterprise Marketing Paula Cobb.
Monday, March 13
- 11AM-5PM: Driving the Transformation of Marketing: Stagwell at Circuit of the Americas: Brand leaders and Stagwell agencies will come together for a day at the Formula 1 racetrack, where they will learn how to drive like a pro from the Skip Barber Racing School. The day will include lunch, tactical driving, speed drills, time behind the wheel of an F4 car, and cocktails to wrap the day.
- 5:30-7:30PM: Axios and PRophet: The New Communications Engineer: Aaron Kwittken, founder and CEO of PRophet, the AI-driven predictive pitch platform for PR professionals, will join the Axios editorial team in conversation spotlighting how AI can revolutionize the way communicators work, create content and exchange ideas.
Tuesday, March 14
- 4-4:30PM: How Trust Impacts Fandom in Immersive Experiences: The immersive fan experience isn’t just a hype-cycle XR, VR, or the metaverse. It’s how sports, media, and entertainment companies are connecting with their audiences in ways we never imagined. The session will feature Infinite Reality President of Metaverse Operations Helix Wolfson, OpenWeb CMO Tiffany Xingyu Wang, COTY SVP, U.S. Marketing Kevin Shapiro, and Brand Performance Network, Global Chief Content & Partnership Innovation Officer Shannon Pruitt.
Wednesday, March 15
- Tune into the SXSW official podcast channel throughout the day for Stagwell and Infinite Reality’s 4-part series on trends in the metaverse. Guests will include executives from Napster, Afropunk, Obsesh, Animal Concerts and Let’s Get FR.EE, among others.
About Stagwell
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Media Contact
Sarah Arvizo
pr@stagwellglobal.com
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By: Ray Day
CONTACT:
We wanted to share our latest consumer and business insights, based on research from Stagwell. Among the highlights of our weekly consumer sentiment tracking:

WORRIES ABOUT ECONOMY DECLINE AGAIN:
Today, 85% of Americans are concerned about the economy and inflation – down 2 points from last week and up from 82% in December.
- 82% worry about U.S. crime rates (up 2 points)
- 81% a potential U.S. recession (up 1 point)
- 73% political divisiveness (no change)
- 72% the War on Ukraine (no change)
- 69% affording their living expenses (up 1 point)
- 55% a new COVID-19 variant (no change)
- 43% about losing their jobs (down 3 points)
AI-GENERATED BUZZ: WHAT DO CONSUMERS THINK?:
With all the buzz about generative AI, AI-powered search engines and ChatGPT, what do consumers have to say? Stagwell’s National Research Group took the pulse of public opinion in a new report.
- 17% of those surveyed said they had heard a “great deal” about AI-powered search recently, and 53% had heard at least “some.”
- 92% of consumers who have heard about AI-powered search say they think it will change the way people use the internet.
- 71% say they’re excited about using the technology.
- 59% of those who have heard about AI-powered search say Google is best positioned to successfully deliver the technology to market versus 13% who would vote for Microsoft.
- Also see Stagwell’s whitepaper: “Can Picasso Live in the Machine? AI get smart: What to know, what to watch and what to play with”
BREAKING UP IS HARD TO DO SECURELY:
Our latest survey with Norton finds many Americans – especially younger ones – are reckless online after breakups, including sharing passwords with their exes and not treating online stalking with concern.
- 25% of Americans admitted to being the victim of an online dating or romance scam.
- Gen Z (34%) and Millennials (35%) have “concerningly relaxed” attitudes about online stalking. One third say they don’t care if they’re being stalked online by a current or former partner as long as they’re not tracked in person – three times higher than older adults (10%).
- More than a third of Gen Z say they have shared passwords with an ex.
- Among those who have been in romantic relationships, 16% say that they’ve checked a current or former significant other’s phone to view texts, calls, direct messages, emails or photos, 12% have reviewed their former partner’s device search history, and 11% have tracked a current or former partner’s location using a location sharing app.
THE DOCTOR IS IN BUT BURNED OUT:
America’s healthcare workforce is under unprecedented strain, and doctors and nurses are burning out in record numbers, according to our survey with HealthDay.
- 63% of doctors and nurses said they are experiencing a moderate or great deal of burnout at work.
- 66% of physicians and 75% of nurses cite understaffing as the most significant contributor to burnout, along with a growing amount of daily paperwork (58% for physicians and 51% for nurses).
- Many also cite time communicating with insurance companies on their patients’ behalf as a source of burnout (38% for primary care physicians and 20% for nurses).
- All of this is leading to decreased satisfaction among medical professionals. A year ago, 40% of physicians felt highly satisfied. Today, it’s 22%.
- As a result, only 57% of doctors say they would choose medicine as a profession again, compared with 72% last year.
RECENT HOME SELLERS REVEAL LESSONS LEARNED:
An overwhelming share (84%) of Americans who sold a home for the first time in the past two years wish they had done something differently, according to our survey with Zillow.
- Regret #1: The most common thing recent first-time home sellers wish they had done differently is set a higher list price (39%). In January, nearly one in four listings had a price cut (22%), which is 10 percentage points higher than last winter. 75% of agents say pricing is the most important thing sellers need to get right in a less frenzied housing market.
- Regret #2: 87% of recent first-time sellers think something they could have done would have attracted a higher sale price. 39% say better listing photos could have boosted their bottom line, while 25% say a virtual tour could have helped sell their home for more. Fact: Listings that include a 3D home virtual tour or an interactive floor plan receive 69% more page views and 80% more saves.
- Regret #3: 25% of recent first-time sellers wish they had listed their home at a different time. If the owner has flexibility, the second half of April is the optimal time to list a home for sale nationwide.
- Regret #4: 25% of recent first-time sellers say they could have received a higher sale price if they had invested in more home improvements and repairs. Landscaping, interior painting and carpet cleaning are the most commonly completed seller projects, as they send a signal to a buyer that a home is well-maintained.
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