Home Ad Exchange News Regional Agency Goodway Group Goes After The Fortune 500

Regional Agency Goodway Group Goes After The Fortune 500

SHARE:

Goodway Group, a programmatic service provider for regional agencies and midsize brands, is expanding its focus to the Fortune 500 with the launch of a new performance agency.

Parent company Goodway Holdings said Wednesday it will launch Control v. Exposed (CvE), which will work with big brands across biddable media, technology and consulting to solve business problems.

While CvE will be focused on performance media rather than agency of record work, it will go toe to toe with big holding companies for blue chip accounts. The group sees an opening to provide more transparency and simplicity for clients who are sick of navigating convoluted holding companies.

“I don’t think I’ve spoken to a marketer in three years that’s happy with their global agency,” said Jay Friedman, president at Goodway Group. “The target is large global brands who are using a bloated partner and feel like they’re not getting what they need.”

CvE will be led by Goodway Group’s strategy EVP, Brody O’Harran. It launches with cross-industry expertise on its leadership team, including Dentsu exec Ned Gorges, Wieden + Kennedy alum Doug Martin and Centro vet Adam Herman, who will each run strategy units.

CvE declined to disclose how many clients it has at launch. Goodway Group and CvE will operate under Goodway Holdings under separate P&Ls.

The agency will focus on driving lift-based outcomes for clients by helping them determine which channels and targeting tactics work best for a specific brand and tying that to creative testing. Because testing will be a big focus for CvE, it will go after brands with large enough budgets to do experiments.

“We’re going to help marketers create this lift bible of everything that’s been tested and whether it drives lift for their brand,” Friedman said. “We want to take some long-held beliefs and put them to the test.”

To help clients avoid the headache of navigating larger agencies, CvE will put together bespoke teams based on their business needs across media, data science, analytics and strategy. Unlike some larger agencies, CvE will ensure that the team pitching for a client’s business is the same team working on their account.

“I constantly hear that the people who showed up to pitch were super smart, and then they’re gone,” Friedman said. “Marketers don’t always get the best people in the business.”

While in-housing won’t be a core focus for CvE, the agency expects to capitalize on the growing trend as it works with brands with different media buying models across the spectrum.

“We anticipate everything will be completely custom,” Friedman said. “The key is to be able to work with a brand and convey that 100% transparency can be achieved without in-housing.”

To enable its work across programmatic, search and social, CvE will leverage Goodway Group’s programmatic platform and build client-specific integrations around first-party data and outcomes modeling. CvE will also leverage Goodway Group’s buying power to execute media buys at scale.

The agency launches first in the US, Singapore and London. As it scales, it will hire people from outside organizations as well as “hand raisers” from Goodway Group that “want to use biddable media to solve business problems,” Friedman said.

CvE declined to break out staff headcount, but Friedman said the agency is launching with a “small but mighty team.” Goodway Group employs about 350 people.

“This is a very scientific approach,” he said. “We want to make sure that every dollar of marketer spend turns into profit.”

Must Read

How TIME’s CMS Transition Laid The Foundation For Its AI-Driven Content Overhaul

The CMS migration helped unify TIME’s fragmented content data after years of platform transitions under multiple corporate owners. This enabled TIME to launch its own AI search product and convert its archival content into AI-friendly “markdown” pages.

Adobe Advertising Just Launched Its Own Custom Algorithms Product

Last week, Adobe Advertising announced the general release of its own Custom Algorithms product, which is “a huge departure from the TubeMogul days,” Erwin Castellanos, GM of Adobe Advertising, tells AdExchanger.

MFA Ad Spend Is Increasing. Is AI Slop To Blame?

This year, the percentage of ad spend going toward made-for-advertising (MFA) sites went up instead of down for the first time since 2023.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Kickbacks Takes An Outsider’s View While Bringing Ads To AI Agents

Andrew McCalip is a founding engineer at Varda Space Industries, where he oversees the manufacturing of things like hypersonic reentry vehicles and satellite buses.

CTV Buyers Are Getting The Show-Level Performance Optimization They’ve Always Wanted

A collaboration between InterMedia Advertising, Peer39 and Pontiac Intelligence provided show-level cost-per-acquisition data for 94% of CTV ad impressions.

Advertisers Await Programmatic Pause Ads

The IAB Tech Lab is working on standardizing programmatic signals for new streaming TV ad formats, including pause ads. Meanwhile, many brands are eager to add pause ads to their repertoire.