Are you a Startup? Know the Basics of Government Marketing
Though the Federal government set aside a percentage of business for the small business owners of the state, there’s cut-throat competition in the field of government marketing itself. In order to acquire government contracts, many companies get certification from the government authorities, but certificates like GSA Schedule certification is nothing but a license to get into the government bidding. Your tough contenders will be the other GSA Schedule contractors, probably offering the same products or services like yours. So, it’s important to get the basics right for the business. Moreover, if you understand the basics of government marketing, obviously you will have more success. Here’s how you can improve your company’s presence in the government marketplace.
1. Adopting a marketing strategy
Pretty
much like the commercial business premise, the federal business landscape
offers cut-throat competition. You must need to actively market your business
to the government customers and for that you would need a perfect government
marketing strategy by which you can reach out to your target audience.
But
where do you begin?
A
great idea is to study about the needs and preferences of your federal
customers you are targeting. Are you offering the same that your customer
needs? How your company can support your target audience’s mission or solve
it’s problem? Prepare your strategy based on these considerations.
A
perfect government marketing strategy must address the
following
· Who
are specifically your target audience
· How
can you meet their goals, objectives, and mission
· Is
there any niche by which you can target your potential customers?
The
more you start assessing these, the more you will be able to carve out your
marketing niche. Develop a call plan that addresses your target audience’s
needs.
2. Get an Extensive Web Presence
Are
you having an extensive web presence for your company? If not, you’ll never get
an opportunity to reach out to your prospect. In the digital era, web presence
determines your existence altogether and without one you are as good as
non-existent. It works as your business credential where
prospective customers can go to look directly at your government-focused
products or services. It should include details regarding your business,
corporate data, contact information, services, case studies/whitepapers and a
complete portfolio of the projects you have been working on.
3. Create a Capabilities Statement
A
capability statement helps in making your marketing strategy fundamentally
strong. A clear-cut, bold, and direct capability statement defines if the
business is apt in catering to the needs of the agency. Ideally, this
capabilities statement is a living document that will change depending on the
targeted agency.
Is your Government Marketing Plan Ready
Federal
government relies on value-based engagement and hence, it’s important to
have a basic understanding of the government marketing strategy.
Depending on the company’s scope and abilities, it’s important to
chalk out a marketing plan. By doing this, you can have greater
government sales and achieve a long term revenue stream.
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