Thursday, September 5, 2013

New Govkinex Website Service Helps Businesses Connect To Government Buyers

By Max Timko


Government contractors have a new resource to help them connect with federal procurement officers. US Federal Contractor Registration launched their new web design division GovKinex early this week. The third party registration firm has already fulfilled several orders for government contracting focused websites at a fraction of the cost and time necessary when utilizing traditional web development services. Their web site package includes domain name registration, hosting and updates for one year, a 7 page website in the format preferred by government offices, as well as complete CCR registration, ORCA filing, FEMA Vendor Profile creation, a profile on the government small business search engine, and email bid notification.

Over $110 Billion has already been awarded to vendors nationwide during the 2012 fiscal year and nearly half the contracts have been awarded to small businesses, according to data pulled from USASpending. The United States Government continues to be the world's largest purchaser of goods and services. In FY2011, over $535 Billion was spent on contracts alone; another $550 Billion was awarded in federal grants.

Companies new to government contracting and small business owners are strongly encouraged by the Small Business Administration to aggressively market their products and services to buyers in order to effectively compete in the federal market. Judy Bradt estimates that businesses spend an average of 20 months and $100,000 marketing their business to contracting agencies just to win their first contract. Creating a website highlighting your capabilities as a government contractor should be a major part of any vendor's marketing strategy.

Federal Acquisition Regulations require procurement officers to conduct market research for certain government purchases. In this way, they are much like the 97% of private sector consumers who used online media to perform research prior to buying a product or service.

Contractors who complete CCR registration and then sit back and wait for contracts to come rolling in do so at their peril. "Marketing is absolutely essential for small businesses to succeed in government contracting," says Eric Knellinger, president of US Federal Contractor Registration. "Even though there are over 620,000 businesses currently registered in CCR with hundreds more registering every month, contracts seem to be awarded to the same vendors over and over again. Why? Because the businesses winning those contracts took the time to build their brand and develop a relationship with those purchasing officers."

Many small businesses incorrectly believe they can't compete in the federal market. The federal government however awarded over $92 Billion in contracts to small businesses during FY2011. The difference between success and failure usually comes down to whether the company effectively marketed their brand to contracting officers.




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