Fedmarket.com: The Federal Marketplace

 
Home | About | Free Content | Products & Services | Federal Sales Training | Contact | Order | Login Call Toll Free: 888.661.4094
Search FedMarket:


Eliminate Proposal Writing Chaos and Waste












Articles : Federal Gov't Sales Email this Article
Printer Friendly Page

Installment [ 26 ]
Modify Your Business Development Strategy as Your Company Grows
By Richard White


Business development is a difficult task for companies new to the federal market. This is particularly true for a company with no federal experience or contacts. Many companies and salespersons, in their first attempts to develop federal business, begin by searching for organizational charts and telephone directories using FirstGov.gov. Cold calls are then made to federal end users who might buy a company's product or service. Others elect to use the small business representative at the target federal agency or to call the agency's contracting division to inquire "who buys what?" The process is very time consuming and frustrating but, with patience and persistence, success often follows.

For the sake of this discussion, let's assume your initial efforts were successful and your company has several federal contacts or an actual sale. It is therefore time to begin evolving your company's business development efforts into a more network-based approach. Consider changing your business development efforts from primarily a cold-calling approach to a networked approach. Remember that federal buyers enjoy networking as much as those in the private sector. Assuming your business has performed well for the federal buyer's agency, he or she should be willing to introduce you to other buyers. Ask your contact to assist you in preparing a list of other potential federal customers. In this regard, ask your federal contact for the names and contact information for other federal employees he or she knows. Inquire who his counterparts are in other federal agencies and for any information he or she may have on who buys what you sell. Identify those professional organizations your federal buyers belong to and consider attending their meetings and seminars.

The following Fedmarket.com products will assist you in your business development efforts:

Fed Buying Intelligence - Lists purchases/awards history by individual federal buyers (http://www.fedmarket.com/bidProducts/fbi/)

Contract Search - Our database of active federal contracts. (http://www.fedmarket.com/bidProducts/contractSearch/index.php)


GSA Proposal Preparation eLab
Are you unable to complete your GSA Schedule offer? GSA proposal preparation is fraught with issues, questions, and frustration. Many postpone offer preparation because of the frustration. Complete your offer in 3 days or fewer. Our instructors will walk you through the process and you will leave the eLab with a completed GSA proposal. Attend our monthly GSA Proposal Preparation eLab in Bethesda, Maryland.
FedBuying Intelligence is the most powerful sales tool in the federal market. It searches five years of public bid data and tells you “who bought what”. Enter your product/service using keywords, Product/Service Codes, or NAICS Codes and find the solicitations and awards for the Contracting Officers and Contract Specialists who bought your product/service. Contact data including telephone number and email address is provided for each buyer in a downloadable spreadsheet. Details

[ Need Assistance? 1-888-661-4094 ex. 8 ]

Cracking the Federal Market
Two Books by a Long Time Player in Federal Sales
Rolling the Dice in DC

Home | About | Articles | Products | Services | Seminars | Site Map | Contact

For product inquiries call (888) 661-4094 x8 or send email to sales@fedmarket.com.
Unless otherwise stated, all material © 2008 Wood River Technologies, Inc. dba Fedmarket.com All rights reserved.
For reprints or rights & permission contact reprints@fedmarket.com
Disclaimer: Fedmarket.com is not affiliated with the U.S. General Services Administration