How To Win Federal Contracts By Selling To Smartpay Cardholders
How To Win Federal Contracts By Selling To Smartpay Cardholders
Do you sell products or services that are priced under 25000? Selling to Federal Government credit cardholders SMARTPAY is a “hidden secret”.
Federal contracting opportunities under 25000 are not advertised. Contracts under 25000 present special opportunities for small businesses. To PLAY in this federal credit card game businesses MUST have a merchant account. Federal agencies save money when they make small purchases using credit cards. Federal endusers with purchasing power generally purchase products and services from small businesses in there local market. Selling to credit cardholders is one of the quickest ways to accelerate your success to winning a federal contract.
Independent professionals and small businesses who build solid relationships market products and services as a customized solution and “keep in touch” throughout the fiscal year can consistently win federal contracts.
Federal contracts Micropurchases 2500 or less federal buyers may purchase from any small business without comparison shopping.
Small purchases 2500 to 25000are subject to more formal contracting requirements wherein the federal buyers must obtain three informal quotes by phone fax email or mail.
Here are 4 principle reasons this “hidden” market is ideal for small businesses:
* Relationship driven contracts
* Prompt payment
* Potential for multiple contracts throughout the fiscal year
* Less competition not publicly advertised
The Federal credit cardholder single purchase limit varies. Here are a few examples of single purchase limits:
* 2500*10000
* 25000*100000 note: this figure is not a typo
How do you find Federal credit cardholdersSMARTPAY? Under the Freedom of Information Act FOIA Small businesses can make a formal written request to obtain a list of federal credit cardholders by contacting the Principal FOIA Officer at each federal agency you want to market your products and services to.
If you are willing to do some homework and be different from the competition there are countless federal opportunities worth pursuing in the “hidden” federal credit card micro and small purchase market.
About the writer:nbsp;nbsp;Robert Moment is an expert business strategist and author of 8221;It Only Takes a Moment to Score8221;. Robert show entrepreneurs how to successfully build and grow profitable service based businesses. Visit http://www.howtostartyoursmallbusiness.com and download the FREE Special Report 8221;17 Profitable Ways to Turn Your Content into Wealth8221;.
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