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A Three-Step Launch Pad for Business Leaders Pursuing Government Contracts

  • Serellium
  • Sep 24, 2024
  • 4 min read

Updated: Oct 31, 2024

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For business leaders seeking to sell a product or service to government, getting started is the hardest part.

Translating success from the private sector to the public sector isn’t a clean pivot, nor is it easy. The government represents an expansive market, comprising a vast range of agencies operating unique mission sets, operational requirements, and communications. Federal agencies require private sector solutions to improve efficiencies, perform core functions, and deliver better results. Business leaders have much to gain through government sales: contracting opportunities can open up an entire new, $774 billion-per-year market for growth, while contributing innovative solutions to advance America’s most critical missions, public services, and national security.

 

But where’s the starting point? Beyond the basic registration process in SAM.gov, business leaders are often overwhelmed by what to do next.


Below are three key steps to jumpstart your plan.  


Step 1: Master the Art of Government Market Research

Your journey into government contracting begins with understanding the specific needs of government agencies. Who in the government is buying what you're selling – and how are they buying it? Familiarize yourself with agency-specific procurement trends and mechanisms. Understand their expenditures, newly launched programs, and outsourced needs. Narrow down a short list of government agencies representing the highest demand for your product or service. A data-driven approach that accounts for these factors will identify the most promising potential government customers, avoiding random (and usually unproductive) pursuits.


Step 2: Learn to Speak the Government's Language

The language that achieves sales in the commercial sector doesn’t always translate well to government industry. The government communicates differently than the private sector: agencies use a unique set of institutionalized protocols to explain what they need. It’s crucial to tailor your messaging to align with agency-specific mission sets, policies, and operational requirements. Remember, you're not just selling a product; you’re offering a mission-critical solution. The messaging gap can often cost you a winning contract bid. The bottom line: know your audience, and carefully tailor your messaging accordingly.

 

Step 3: Perfect Your Government Pitch

Timing is a critical factor in government contracting. A data-driven strategy will map out well in advance what to sell, when to sell it, and your prioritized list of target agencies. Preparing your pitch allows you to anticipate and pursue opportunities with a winning plan. Here's how to nail it:

 

  • Leverage market research to identify the right opportunities

  • Understand set-aside implications and partnership strategies

  • Analyze competitor positioning to differentiate your offering

  • Tailor your approach to each agency's unique needs and procurement methods

  • Align your offerings with your target customer’s mission, policies, and requirements


Where's the guidebook on all of this?

There is no guidebook. Pursuing government contracts is a complex process that is different for every business. However, you have two paths to pursue entry or expansion in government industry.


Option 1: The DIY Approach

Doing this on your own requires dedication, patience, and the willingness to immerse yourself in the intricate world of government procurement. Start by engaging with resources available from your local Small Business Administration. Regularly follow policy and procurement announcements from your prioritized list of government agencies, and meticulously craft a plan for each opportunity you intend to pursue.

 

Building your internal government team is key. Consider augmenting your existing team with core functions that can bridge the gap between the commercial sector and government contracting space. This may include roles such as business development, communications, proposal writing, and program management.

 

Be prepared for the significant time and resource investment it takes to start this workstream. Even with all the right resources, the process may initially feel like taking shots in the dark due to the nuances of government contracting. However, arming yourself with comprehensive market research data and a well-crafted strategy will increase your probability for wins. Be patient and take time to learn the ropes.


Option 2: Accelerate Success with Expert Guidance

Choosing to leverage decades of experience by partnering with Serellium can fast-track success in government contracting. We exist to bridge the gap between the private and public sectors, offering full-service support to businesses looking to rapidly enter or expand into federal government.

 

In a matter of weeks, we will help you get postured by providing a data-driven roadmap tailored to your business. This includes a strategic plan grounded in market research, refined capability offerings, a focused set of agencies reflecting the highest demand for your solutions, targeted messaging, and an immediate engagement plan. To further streamline your transition, we offer organization design services to optimize your team structure for expansion in government contracting.

 

Our team works closely with you to execute your vision for expansion into the government landscape as efficiently and effectively as possible. We assess your current state, understand your unique services, and build an actionable strategy that takes the guesswork out of the complicated process.


A Vision to Redefine Government Contracting for Business Leaders

Serellium is on a mission to seamlessly connect innovative private sector solutions to meet critical government needs. By leveraging cutting-edge market analytics, a methodical process, and a deep understanding of private and government sectors, we're eliminating the barriers that have long plagued the $774 billion-per-year government contracting system. Our approach isn't just about winning contracts; it's about fostering a new era of public-private collaboration that benefits all Americans.


 
 
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