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The 5Ps of government
Business Development --- Price, Product, Positioning,
Promotion and Proposals are as important now as they ever were,
but must align with government objectives and current market dynamics
going forward. To make it into the government customers selection
pool, vendors need to be armed with the right solutions for their
clients at the right time. This is where truly innovative businesses
will separate from the less agile companies. Big e-commerce website
spending, blind proposal writing to win contracts, huge online advertising
budgets, email and mail marketing, trade shows etc., are currently
everybodys method of choice for winning customers but with
a dwindling rate of success due to increasing competition. The key
is to know where to look for your ideal customers, who will be thrilled
with your knowledge of their problem, where you will have the best
chance of a business relationship.
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