03.16.21 -- How Technology Upgrades Can Help Midsize Retailers Increase Brand Value

A music store is more than a place of commerce. It’s a community haven for musicians who gather to discuss their favorite gear, try out instruments, and trade techniques. And it’s a place of dreams, where aspiring young musicians picture themselves playing the world’s stages.

As the pandemic carries on, retail has adapted to meet consumer demands and needs. However, despite the changes, security and safety obstacles have arisen. It is now the main priority to protect consumers from scams, breaches, theft, and COVID-19 itself. Technology is the key to the best security practices.

Brady Nash, the owner and CEO of BNG Team, a technology solution provider headquartered in Fargo, ND, and the creator of The Accidental Entrepreneur video series, discusses shaping your organization to take advantage of emerging trends, scaling your business while staying true to why you started your company, and key questions business leaders need to ask themselves frequently.

A leading apparel brand with $2B+ in revenue was deeply concerned about its ability to meet online consumers’ expectations. The brand sought to bring its excellent brick-and-mortar customer experience online and made a firm delivery promise to consumers while also providing them with compelling promotions.

Outdated network infrastructure can negatively impact the terms of an M&A deal for a retailer. For many owners of midsize retail businesses — including fuel stations, convenience stores, grocery stores, and quick service restaurants (QSRs) — hearing two letters of the alphabet joined together quickens their pulse and gets them thinking about the future.