Mid Mid Pinpoint Focus: Finding Your Best Government Prospects Judy Bradt, CEO.

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Transcript of Mid Mid Pinpoint Focus: Finding Your Best Government Prospects Judy Bradt, CEO.

Mid

Pinpoint Focus: Finding Your Best

Government Prospects

Judy Bradt, CEO

INTRODUCING…YOU!Name, Firm5 Words - Describe What You Do

Exchange Cards!

What You’ll Learn

Why Focus Is Essential What Your Sweet Spot Reveals and

Why 3 Ways To Increase Your Win Rate 3 Places To Look Beyond FedBizOpps

Federal Contract Spending: Under Pressure, Down Some“Nice To Have” is over.

Deficit Reduction Military Drawdown

2008 2009 2010 2011

$ 541.8 B $ 541.2 B $ 537.7 B $ 533.5 B

2011 VIP® Survey: Trends in Federal Contracting for Small Businesses

Procurement Leaders Invest More

Four* Tries To Your First Prime Win

* Average of Active Small Business. Minority: 6.1; Caucasian: 3.7

Persistence Pays:Win Rates Rise With

Experience

2011 VIP® Survey: Trends in Federal Contracting for Small Businesses

Be Selective. Win More.

2011 VIP® Survey: Trends in Federal Contracting for Small Businesses

Registrations, Certifications, GSA, Other Contract

Vehicles…

…Are just tools.

SHARPEN YOUR FOCUSTo Increase Your Win Rate

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Neeld Wilson, President

The Next Win: Within A Year

For All Active Small Business Contractors –

Regardless of Experience, Size, or Own-ership

11.5 MonthsOver a year

67%

2011 VIP® Survey: Trends in Federal Contracting for Small Businesses

PAIR & SHARE: WHAT’S YOUR SWEET SPOT?

RIGHT NOW, what’s your most common:

- Contract Value- Contract Duration- Client Location

What Your Sweet Spot Reveals:Your Top Government

Prospect… Size Agency Location Duration Value Problem You

Solve

…Looks Like Today’s Sweet Spot Client

NEW PAIR & SHARE: WHAT PROBLEM DO YOU SOLVE?

Homework: Your Big Three

Which TopThree Agencies

HaveThatProblem?

Client’s Top

Problem

Your Top Skill

Sweet Spot

$

1. What problem do you solve?2. What are the symptoms?3. What drives people to fix it?

3 WAYS TO INCREASE YOUR WIN RATE

2011 3-Year Bidding: Down 50% From 2007

2011 VIP® Survey: Trends in Federal Contracting for Small Businesses

Sweet Spot Focuses Marketing

Direct Marketing

Media & Event Marketing

Beyond Process Marketing

Relationship MarketingRelate

Marketing To Goals

FedBizOpps www.fbo.gov

BEFORE YOU BID…Look for:

RFI’sSources SoughtDraft RFP’s…

FedBizOpps www.fbo.gov

BEFORE YOU EVER BID:

AGENCY FORECASTS

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To The DHS Forecast – A Tour

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Link Via OSDBU Councilwww.osdbu.gov/members.html

Small Business SpecialistsCentral Coordination PointsFor Each Agency

Military Services Listed Separately

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Prospecting?Classic Backcasting!

USASpending.gov / FFATA.org

Database Features Drill Down Sort Graph Output / Export

Contract Description

Start/Expiry Vehicle / type # Offerors Value so far # Task Orders Point of Contact

Scroll Down

& Search By NAICS.

Which Agencies Are Your Top Buyers?

Where Is Your Competitor?

Details Via Dropdowns

Competitor Search Example

Agency Small Business Portals  Defense Information Systems Agency

http://disa.mil/about/offices/osbp.htmlhttp://disa.mil/conferences/cif/index.html

 Defense Logistics Agency: www.dla.mil/DB/ National Security Agency: www.nsaarc.net Defense Intelligence Agency: www.dia.mil/contracting/small-business  Army

– Single Face To Industry (ASFI): https://acquisition.army.mil/asfi– Aberdeen Proving Ground, including Communications & Electronics

Command (CECOM) Interactive Business Opportunities Page (IBOP) https://abop.monmouth.army.mil/

– Army Materiel Command Small Business: http://www.amc.army.mil/pa/SMALLBUSINESS.asp

– Army Corps of Engineers Small Business: http://www.mvn.usace.army.mil/sb/

Navy: Electronic Commerce Online (NECO) https://www.neco.navy.mil/ HERBB (Hanscom AFB Electronic RFP Bulletin Board: Air Force Electronic Systems Center)

http://herbb.hanscom.af.mil/ 36

Agency Vendor Registration

WHAT’S NEXT?Success Secrets & Action Steps You Can Take Today

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What You Learned Why Focus Matters The Power of the Sweet Spot 3 Questions That Increase Your Win

Rate– What problem do you solve?– What are the symptoms?– What motivates the fix?

3 Places for Business Beyond FedBizOpps– Forecasts– Backcasts– Agency Portal Registration

Tools For Each Steps

Strategy Focus Process Competition Teaming Relationships Marketing

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Advice on Government Contracting

Free Good Enough

Pick any two.

Win More Sooner. Spend Less.

Judy Bradt, CEO (703) 627 1074 Judy.Bradt@SummitInsight.com

Book, Strategy Workbook & Software Planner

www.GovernmentContractsMadeEasier.com