Hello biz dev folks! How are pitches going? I know summer is upon us but curious if the threat of recession is affecting anyone. I had my first client say they were holding off on an initiative due to that. But it could just be a good excuse. 😂.

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Getting crushed at the moment with pitches all in the later stages - have 4 active ones right now. We've turned down a bunch of others because of bandwidth. Tons of clients out there trying to get a new agency in before they have to worry about 2022 planning.

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VP1 - What's your agency's focus?

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It's definitely getting quieter now. I'm in animation and experiential design and we're seeing our agency clients' projects get killed more often.

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Crickets the past 2 weeks 😬

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Definitely anticipating a quiet summer/early autumn. And all the intermediaries in Cannes hinted at the same. Marketing teams are waiting to see how summer spending goes before committing budget and definitely want more bang for their buck - which hints that budgets will be shrinking even more...

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