This GoVets Category is dedicated to provide updates to our Government Buyers throughout the year!
At GoVets, several of our Government Buyers reach out as part of their Market Research activities, so we want to share our thoughts based on our knowledge, experience and observations.
Government buyers conduct market research in order to identify and procure products from qualified suppliers and diversified small businesses. Market research is a critical component of the procurement process and helps buyers to gather information on the available products, services, and suppliers in the market. This information is then used to make informed purchasing decisions that meet the needs of the government agency and its constituents.
Market research typically starts with a needs assessment, which helps government buyers to understand the requirements of the agency and its stakeholders. This assessment considers factors such as the type of product or service needed, the specifications and standards required, the desired delivery
In the United States, becoming a tax-exempt buyer typically involves obtaining a tax-exempt status from the federal government. Here is a general overview of the steps that may be required to become a tax-exempt buyer in the United States:
At Govets, we're always monitoring trends in our target markets. One of our key areas is the US federal government. The most frequently purchased items by the US government include: