Net Gain Marketing, Inc. (NGM) has announced that Nick Bernardo will conduct an ACA International teleseminar, entitled Top 10 Misconceptions about Government/Student Loan Markets, on Wednesday, February 20, 2013, starting at 11:00 AM CDT. Click here to sign up for the teleseminar: www.acainternational.org/governmentloantele
According to data shown at www.mygovwatch.com, less than 10% of all local government entities are currently outsourcing collection activities in any shape or form. At the Federal level, based on its own estimates, the U.S. Department of Education alone expects to pay its collectors more than $700 million in fees in 2015, compared to $500 million in 2012, a 40% increase. The U.S. Department of the Treasury publishes a report annually detailing growth in these areas, which is available for download here: http://www.netgain4results.com/net-gain-marketing/b2g/federal-debt-report
Contractors currently performing this work have strong incentives to give 15% of this work (or $70M in fees all tolled by 2015) to qualified small business, and there are at least five reasons why any small business should pursue this work, as described here: http://www.netgain4results.com/net-gain-marketing/b2g/federal-subcontracting
As companies try to determine where they may fit in, they should attend the teleseminar to learn more about the top ten myths surrounding these two related markets, including:
- Whether government/student loan contracts tend to go to the lowest bidder.
- The amount of time it takes to enter these markets.
- The type of licensing that is needed to enter the marketplace.
- And more!
NGM is a full-service marketing agency operating primarily within the call center and credit and collection industries, with core competencies in sales and marketing planning, communications consulting, public relations, RFP/RFI response, government contracting consulting, web design, and email marketing. Learn more at www.netgain4results.com.