Anyone who has experience in the world of government contracting knows that, just like in any business, knowing your competition is valuable information.
So how do you begin?
Google is an option, if you have time. There are even research tools that are free to use online. But even then you will quickly begin to feel like a small fish swimming in an endless ocean of information. The sheer mental overload of massive amounts of data becomes overwhelming.
We’ve all heard that “time is money”.
Large corporations spend portions of their budgets employing resources who are solely focused on research and keeping close tabs on competitors. But that’s an expensive proposition and most small businesses don’t have that kind of room in their budget.
What you really want to know is:
What are my competitors bidding on?
What bids are my competitors winning?
How can I make sure I get an opportunity to compete?
The great news is there are services specifically “Engineered for Small Businesses with Small Budgets”.
For example, AvidityStream’s COINS service (Contract Opportunity Intelligent Notification System) automatically searches the government databases for contract opportunities and notifies you whenever those opportunities are posted (open for bid). A running list of opportunities open for bid are displayed on your personalized dashboard. This service only costs your business around 72 cents per day. You can’t get a cup of terrible gas station coffee for that price!
Additionally, AvidityStream’s Competitor Watch service allows you to enter the DUNS number of your competitors and will notify you and display your competitor’s awards in your personalized dashboard; allowing you keep close tabs on what your competitors are doing. Your business can take advantage of this service for around 36 cents per day. You can’t buy a hotdog for that price!
Can you do all of this laborious work yourself? Yes, of course you can. But how much is your time worth to you?
More importantly, how much is your time worth to your business?
Checkout AvidityStream’s products and service and consider the strategic advantage of becoming a member of AvidityStream today.
(AvidityStream is a Veteran owned company.)