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Other Added - How to Get Started As A Government Contractor
Job Fair Fraud mediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services.We sure hear a lot about advertising fraud, fraudulent sales ads and misrepresentations in advertising, however little do we hear about the fraud which goes on at job fairs, where companies make promises and entice folks to sign up or fill out potential applications. One recent study seemed to indicate that the reason job fair fraud was so prevalent is because those people that work at the booths or tables are trying to compete with each other and therefore try to make the companies they represent sound bigger or better.Considering that someone who signed up for a job is changing their lifestyle and may even change their residence in the future, taking on a new job or career is a serious business fo Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, p Every Entrepenueurs Toughest Decision Becoming a contractor or sub-contractor for the U.S. government can bring in lucrative, on-going revenue to your small business. But doing business with the government is very different than typical business-to-business selling.As a small business lender, I run into a lot of small business owners. There are a lot of things that seperate the regular small business owner from the highly successful small business owner, but I'm choosing to focus on the one that I seem to run across the most. Its also a very personal one to me since I saw it happen with my father's business. Let me tell you about my dad.My dad owned a successful manufacturing business supplying a major hardware store chain. He did quite well for a number of years, but he worked VERY long hours. One of the reasons that he worked long hours is because he wanted to keep all the profits for himself. So, instead of focusing on business development he was sett For example, sales cycles can be much slower. There is a specific process that must be followed, and you'll face stiff competition from larger companies with more experience. In fact, the process can seem overwhelming, especially if you're just starting out. You need to be prepared to spend a lot of time and effort before you start bringing in large contracts. So how do you get your foot in the door, start bringing in money NOW and cut down on your learning curve? Start by selling to locally. Municipal agencies in your city, town or county government, such as water and sewer commissions, parking bureaus or even boards of education — regularly do business with small, local companies. How to Get Started: Who is your ideal client? Make a list of your local government agencies. Which ones might be interested in your product or services? Target the top two or three agencies that you think will be the most likely to need your products or services. Don't try to be all things to all people. Find out what their needs are: Go to your local library and read the newspaper archives. Attend a couple of city council meetings. What are the issues they are faced with? What actions are they taking? How can your products or services help them to solve their problems? Knowing what their problems are and having an instant solution can go a long ways in getting you the contract. Find out who you need to see: Find out who is responsible for creating the RFPs for the agency. Who is in charge of purchasing? How do they prefer to be contacted? Get as much information as you can about the process as well. Determine your Price. Remember that local agencies are usually required to get three bids and take the lowest one, so they can show that they're not wasting taxpayer's money. But…before you lowball yourself into losing money on the deal, carefully look at each aspect of your bid. Make sure that you can live with the amount you bid, because once accepted, it's very difficult to make changes later. Create your marketing strategy: Figure out your "who" "what" "when" "how". Set up face-to-face meetings when possible. Bring information such as brochures and catalogs with you. Because government agencies base most of their purchasing decisions on short-term expenditures, not long-term value, you may need to adjust your sales strategy accordingly. Make Contact: When you make the initial phone call, use the knowledge you've already collected about the agency to get an appointment. You also want to know what is their process for making purchases? Do they have registration requirements? What are they? What information do they need before they make a decision? First Meeting: Your objective here is to LISTEN to your prospective client. What does she/he think are their most immediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services. Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, pu Marketing Planning - Preparation and Accountability own or county government, such as water and sewer commissions, parking bureaus or even boards of education — regularly do business with small, local companies.We all know the saying, “Failing to plan (prepare) is planning (preparing) to fail.” I truly believe in this statement and I hope you do as well. Building your service business, including marketing it must be planned and does take work.I don’t happen to believe that there really are magic bullets or black magic boxes. My advice – quit looking. This stuff does take work, but you can certainly do it.If you’re like most people I meet, then planning is something you know is important but doesn’t always happen. We are generally ‘doers’. We need to feel like we’re “doing” something to be productive – whether it’s going to networking events, sending out mailers, or making calls t How to Get Started: Who is your ideal client? Make a list of your local government agencies. Which ones might be interested in your product or services? Target the top two or three agencies that you think will be the most likely to need your products or services. Don't try to be all things to all people. Find out what their needs are: Go to your local library and read the newspaper archives. Attend a couple of city council meetings. What are the issues they are faced with? What actions are they taking? How can your products or services help them to solve their problems? Knowing what their problems are and having an instant solution can go a long ways in getting you the contract. Find out who you need to see: Find out who is responsible for creating the RFPs for the agency. Who is in charge of purchasing? How do they prefer to be contacted? Get as much information as you can about the process as well. Determine your Price. Remember that local agencies are usually required to get three bids and take the lowest one, so they can show that they're not wasting taxpayer's money. But…before you lowball yourself into losing money on the deal, carefully look at each aspect of your bid. Make sure that you can live with the amount you bid, because once accepted, it's very difficult to make changes later. Create your marketing strategy: Figure out your "who" "what" "when" "how". Set up face-to-face meetings when possible. Bring information such as brochures and catalogs with you. Because government agencies base most of their purchasing decisions on short-term expenditures, not long-term value, you may need to adjust your sales strategy accordingly. Make Contact: When you make the initial phone call, use the knowledge you've already collected about the agency to get an appointment. You also want to know what is their process for making purchases? Do they have registration requirements? What are they? What information do they need before they make a decision? First Meeting: Your objective here is to LISTEN to your prospective client. What does she/he think are their most immediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services. Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, p Customer Satisfaction Surveys problems are and having an instant solution can go a long ways in getting you the contract.Customer satisfaction lies at the base of the success of any business. It not only leads to retention of the existing customers but also calls forth new customers.The survival and sustenance of companies in the market amidst heightened competition is possible only by being customer centric. This can be ensured only by exhaustive survey of the customer behavior and their preferences. Customer surveys come in handy for this purpose. Customer surveys give an insight on factors that widen the customer base .It does so by making customers feel important and desirable .It gives an indication that the company constantly strives towards making customers happier and contented with their products and the servi Find out who you need to see: Find out who is responsible for creating the RFPs for the agency. Who is in charge of purchasing? How do they prefer to be contacted? Get as much information as you can about the process as well. Determine your Price. Remember that local agencies are usually required to get three bids and take the lowest one, so they can show that they're not wasting taxpayer's money. But…before you lowball yourself into losing money on the deal, carefully look at each aspect of your bid. Make sure that you can live with the amount you bid, because once accepted, it's very difficult to make changes later. Create your marketing strategy: Figure out your "who" "what" "when" "how". Set up face-to-face meetings when possible. Bring information such as brochures and catalogs with you. Because government agencies base most of their purchasing decisions on short-term expenditures, not long-term value, you may need to adjust your sales strategy accordingly. Make Contact: When you make the initial phone call, use the knowledge you've already collected about the agency to get an appointment. You also want to know what is their process for making purchases? Do they have registration requirements? What are they? What information do they need before they make a decision? First Meeting: Your objective here is to LISTEN to your prospective client. What does she/he think are their most immediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services. Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, p Attending A Craft Trade Show Without Renting A Booth Figure out your "who" "what" "when" "how". Set up face-to-face meetings when possible. Bring information such as brochures and catalogs with you.As a scrapbook marketing specialist, I am often asked if new companies should attend one of the craft trade shows as a vendor/exhibitor.My initial thought is that it's expensive. You often have to be a member of the sponsoring trade association, THEN you have to also pay for booth space, shipping and drayage, and any necessary travel. It's literally thousands of dollars. Before you sign the booth contract, make sure you're going to see a serious return on that investment.Decide first on your goals for attending. Do you want/expect retailers to place orders to stock your product(s)? I'd contact as many retailers as you can first, and ask them how they would be likely to learn about a new produc Because government agencies base most of their purchasing decisions on short-term expenditures, not long-term value, you may need to adjust your sales strategy accordingly. Make Contact: When you make the initial phone call, use the knowledge you've already collected about the agency to get an appointment. You also want to know what is their process for making purchases? Do they have registration requirements? What are they? What information do they need before they make a decision? First Meeting: Your objective here is to LISTEN to your prospective client. What does she/he think are their most immediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services. Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, p Are You Training Your Sales Teams to Fail? mediate problems and pressing needs? (From the research you've done, you should already have a general idea of what they're looking for, and what their needs are. Now is your opportunity to get the "inside scoop.") Ask intelligent questions, and give basic information about your company, your abilities and your products or services.There are in deed hundreds of articles on sales training and how to sell. Every company needs good sales training for their sales staff no matter what kind of products or services they offer. Unfortunately, many companies do not have adequate sales training and if you fail to train your salespeople you are also training them to fail.This is because you are not correcting the mistakes they make and they are getting into the habit of making them continually. In fact their mistakes become habits that cannot be broken. Once this occurs even a robust sales training system may not be enough. They say; old habits die hard and it is true also in the sales training arena.If you fail to train your sa Just remember - this meeting isn't about You, it's about THEM! Make sure you ask any questions you've still got about the application process, and what you need to do in order to put in a bid. Leave the information with your prospective client, and tell them what you will do next. If you set a time to follow up, DO It. If not, you're going to follow up anyway, but more about that in a minute. Follow-up: After the meeting, put together a plan of action. Create at least three solutions to your prospective client's problems, but make it something unique that can only be done by your company. If you sell a product, perhaps you could provide a free training workshop, to get users up to speed more quickly and efficiently. If you provide a service, offer an additional incentive, or extra component that either solves another problem or provides added value and benefit to the client. Then get the information to the person you saw. For example, you could send a simple letter…"Dear Fred, Thanks for meeting with me last Friday. After we talked, I started thinking about what you said about …, and came up with …" Don't be afraid of giving him your best ideas. You want him to understand that you can solve his problems. You don't need to go into details about "how" you'll accomplish it. Just let him know that you can. Make sure that you follow the application process completely, and turn it in before the deadline. Network, network, network: Don't stop now. Who else do you know who can help champion your cause? Who is your local city council person? Other elected representatives? You don't have to be a major contributor to ask your representative for assistance. Most politicians are more than happy to help local businesses succeed. Getting the word out about who you are and what you can do is just good business. Talk to your local chamber of commerce, or small business development center. Be professional: Above all else, you want to project an attitude of competence and professionalism. Go the extra mile. Make sure that your client is more than satisfied by doing business with you. And once you've got one government client, it will be easier to convince other agencies to do business with you.
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