Bristol, United Kingdom (PressExposure) July 01, 2009 -- With an estimated 7,000 contracts worth up to Â£6 billion up for grabs, the London Olympics are a big business opportunity and Marketing Donut is urging small businesses to find out how they can get a piece of the action.
âThe Olympic Games in London in 2012 will be a massive operation: there will be dozens of sporting venues to build, thousands of athletes and officials to accommodate; hundreds of thousands of supporters to transport and cater for; merchandise to manufacture and sell; security; cleaning; promotional campaigns...the list goes on,â says a recent Marketing Donut article dedicated to the Olympics opportunity.
Marketing Donut advises small businesses to visit the official CompeteFor website, which lists all direct contract opportunities offered by the Olympic Development Authority (ODA) and the London Organising Committee of the Olympic Games (LOCOG).
As well as providing contracts information CompeteFor also acts as a kind of business dating agency, providing businesses with opportunities to develop joint bids or become sub-contractors to successful tenderers.
âFirms who have won contracts are being encouraged to advertise opportunities for other companies at every level of the supply chain,â says an ODA spokesperson in the article. âHalf the contracts so far have gone to companies outside the capital. The further down the supply chain you go, the more likely you are to see firms based all over the country."
Marketing Donut reports that small and medium-sized businesses account for nearly three quarters of the 650 firms that have already won Â£2 billion worth of contracts.
Backed by Royal Mail and Google, Marketing Donut is a free marketing resource for small businesses on every aspect of sales and marketing. As well as general business marketing advice, it provides information and practical guides on how to take advantage of current market opportunities. The Marketing Donut is at http://www.marketingdonut.co.uk