Leveraging deep domain expertise with foundational models for optimal content curation in bidding

In the world of bidding, AI like OpenAI’s ChatGPT has emerged as a game-changer. However, the effectiveness of these tools greatly depends on the quality of the prompts used. Learn why ‘dumb AI prompting’ can fall short and how leveraging deep domain expertise can lead to smarter prompts, optimised bid responses, and improved business outcomes.

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The dangers of bidding for everything: Risks to businesses and customers

Bidding for every opportunity without careful consideration can lead to significant risks for businesses. Diluting expertise, inadequate preparation, financial strain, reputation damage, and customer dissatisfaction are potential consequences. Learn from real-world examples like CGI Federal, IBM Australia, and G4S to understand the pitfalls of bidding without proper resources and expertise. Discover best practices to make informed “no bid” decisions and protect your business’s reputation.

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How to Avoid Losing a Bid: 8 Common Mistakes to Avoid

Bidding for contracts can be a daunting task, but it doesn’t have to be. In this blog post, we uncover the common mistakes businesses make during the bidding process and provide practical tips to help you avoid them. From becoming too company-centric to failing to answer the customer’s question, we address key pitfalls and share strategies to ensure your bids stand out from the competition. Discover the importance of understanding your competitors, preparing backup plans, and crafting concise yet impactful responses. By implementing these insights and continuously improving your bid process, you can increase your win rate and secure profitable contracts.

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