The true costs for agencies of pitching for business they probably aren’t going to win

Welcome to Tuesdata, our weekly analysis for Unmade’s paying members.
Below, we examine the real cost of pitching for creative agencies, and investigate the economics of chasing new business in a landscape where the size of accounts continues to shrink.
We also take a look at a dour start to the week on the Unmade Index.
Everyone else hits the paywall further down. Subscribe today to get all of our Tuesdata posts and access our full publishing archive, which goes behind the paywall after two months.