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8. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
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9. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
1 - MARKET RESEARCH
10. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
Archisha Mehan
archisha@fedmine.us
301 279 7575
Fedmine
fedmine.us
SECTION 1 - BEST PRACTICES – MARKET RESEARCH
11. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
TOP 5 BEST PRACTICES:
1 – The Federal Spending Cycle starts with the agency which triggers the industry to
respond which is followed by a predictable cycle of activity
2 – Market Research can be defined as interpreting data to build information &
knowledge that can help predict future events
3 – It is fundamental as you create your pipeline and decide which opportunities to
target, and typically consists of Agency Intelligence, Vendor Intelligence & Opportunities
4 – Agency Intelligence includes understanding the agency buying patterns, awards, SAT
purchases, top companies. Understanding the agency forecasts, budgets and ex. 300
&53s is part of this knowledge
5 – Vendor intelligence includes understanding your competition, including vehicles,
pricing and expiration dates of main contracts. Look at the GAO protests and
debarments/exclusions if any
BEST PRACTICES – MARKET RESEARCH
12. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
QUESTION
What are the data sources utilized most to perform market research for the
federal marketplace?
Archisha Mehan
archisha@fedmine.us
BEST PRACTICES – MARKET RESEARCH
13. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
Eileen Kent
eileenkentstevens@gmail.com
312 636 5381
The Federal Sales - SHERPA
federalsalessherpa.com
SECTION 1 - BEST PRACTICES – MARKET RESEARCH
14. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
TOP 5 BEST PRACTICES:
1 – Know what you’re looking by defining what you do best
Keywords
NAICS
Competitors
“Step Before they need you” Keywords
2 – Perform a deep dive data analysis
3 – Look for who buys what you sell from whom, with what contract vehicles
and set aside
4 – Utilize public resources like SAM and USASpending or buy the info from a
subscription service
5 – Build a federal sales action plan around the top departments, agencies,
and people within those agencies who buy what you sell and ……… Execute
it.
BEST PRACTICES – MARKET RESEARCH
15. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
QUESTION
How good is the data out there, Eileen?
Eileen Kent
eileenkentstevens@gmail.com
BEST PRACTICES – MARKET RESEARCH
16. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
Jack Siney
jsiney@govspend.com
561 609 6130 6
GovSpend
govspend.com
SECTION 1 - BEST PRACTICES – MARKET RESEARCH
17. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
TOP 5 BEST PRACTICES:
1 – Get a “Flagship Agency” that will be your champion within the government
2 – Get some significant “press coverage” for your company/solution
3 – Don’t work-on/submit a RFP response unless you have unique/creative
angle to offer
4 – Focus on qualifying for at least one of the government socio-economic
classifications — it will open MANY doors
5 – Selling to the Government during COVID: Create videos that allow
personnel working from home to fully understand your company & product.
BEST PRACTICES – MARKET RESEARCH
18. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
QUESTION
What is the best way to get “press coverage” for my company/solution?
Jack Siney
jsiney@govspend.com
BEST PRACTICES – MARKET RESEARCH
19. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
Nicole Tripodi
nicole@fedinform.us
202 810 3158
FEDinform
fedinform.us
SECTION 1 - BEST PRACTICES – MARKET RESEARCH
20. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
TOP 5 BEST PRACTICES:
1 – Write research questions before beginning market research
2 – Avoid “research rabbit holes”
3 – Learn advanced research techniques
4 – Overcome unfamiliar report findings or unknown language
5 – Leverage traditional and non-traditional sources of information
BEST PRACTICES – MARKET RESEARCH
21. US FEDERAL GOVERNMENT FISCAL NEW YEAR - BEST PRACTICES FROM INDUSTRY LEADERS - October 1, 2021
Hello@JenniferSchaus.com
QUESTION
What is the role of a Business Development Analyst?
Nicole Tripodi
nicole@fedinform.us
BEST PRACTICES – MARKET RESEARCH