May 3, Bendix Road Suite 215 Columbia, MD (410) (phone) (866) (toll-free) Presented by: Gloria Larkin President, TargetGov ©
President Nationally recognized federal contracting business development expert Interviewed on MSNBC, in Wall Street Journal, USAToday, TheStreet.com Author, Consultant & Trainer Clients have won billions in federal contracts 2 ©
$500 Billion Market; $100 Billion to SB Critical differences in government vs. private sector Identifying targets Layers of decision-makers Effective marketing tactics Tools required to get noticed How to get noticed—positively! Mistakes to avoid 3 ©
Rules and regulations Funding: Congress, White House Barriers to market entry Contract vehicles Sales cycle length Contract size Set-asides Credit card usage Repeat business Specific marketing opportunities 4 ©
Your Company Possible Targets You as a Prime contractor AGENCY You as a Subcontractor PRIMES You as a Team member Other VENDORS 5 ©
Small business representatives OSDBU, SADBU, SBLO Contracting and acquisition staff CO, KO, COTR Program and technical managers PM, end-user 6 ©
Consistently reach out to decision-makers Focus on their needs, not yours Be innovative in your approach Use relationships Social media is your friend Networking is critical Events focus White papers Press releases and public relations Advertising 7 ©
Update Your CCR Record at ◦ NAICS ◦ Points of Contact (all three!) Update Your ORCA Record every year! Update Your SBA Profile ◦ Capability Narrative ◦ Ownership ◦ Special Equipment ◦ Bonding ◦ Keywords ◦ Past Performance What is YOUR score? me for your company’s score—what you look like to the decision-makers 8 ©
1 page Capability Statement to identify your: Core Competencies Past Performance Differentiators Company Data Government targeted web page An effective 30 second matchmaking pitch Calendar of events Teaming plan 9 ©
Quickly identify the decision-maker, her/his responsibility & level of interest in your business Know how you appear to the decision-makers! Contract vehicle CRM system 10 ©
Your Targets: Agency Prime Contractor Teaming Partner Joint Venture Why? To obtain decision-maker meetings! 11 ©
Create a strong niche statement Practice a 20 second matchmaking pitch tailored to the specific person Use a powerful Capability Statement Past performance is king! Financial stability Capacity Partners 12 ©
File cabinet; shoebox and 3 x 5 cards Outlook, Excel spreadsheet ACT!, Goldmine and other PC-based systems Salesforce.com, Basecamp and other web-based systems Don’t drown in data! 13 ©
Be professional ◦ Ex: , web site, dress the part Know your niche! Do not try to be all things Lead with your expertise Prove it! Mitigate risk Use a combined strategy ◦ , phone, in-person, virtual 14 ©
Person to person ◦ Agency Annual Conferences ◦ Vendor outreach sessions ◦ Agency and base events ◦ Matchmaking ◦ Associations, social events Referral ◦ From decision-makers Virtual ◦ , public relations, blog, LinkedIn, Facebook, Twitter 15 ©
Old data in CCR, ORCA and SBDS Web site issues Don’t use a generic Capability Statement Do not try to be all things to all people ◦ Maximum NAICS Don’t ignore social media Conferences: booth vs. attendee? Don’t reject vendor outreach sessions No “get to know you meetings” Plan for a realistic level of effort: 1 FTE for every ___ agencies? 16 ©
Critical differences in government vs. private sector Identifying targets Layers of decision-makers Effective marketing tactics Tools required to get noticed How to get noticed—positively! Mistakes to avoid 17 ©
18 me for complimentary documents! Gloria Larkin President, TargetGov ©