COVID-19 was the backdrop to the story of the SDM 100 companies in 2020. Despite the uncertainty and challenges it presented, however, the top security dealers held their own, and some even thrived, finding new paths and opportunities.
If there is one word that could describe 2020, both in life and for the top 100 security dealers, it is unpredictable. Following several years of growth — and a very strong 2019 — SDM 100 companies found themselves on slippery ground beginning in March 2020 with the onset of the COVID-19 pandemic.
Business operations software is more versatile than ever, simplifying and enhancing site surveys, sales quotes, billing, management reporting and more.
USING THE RIGHT BUSINESS OPERATIONS SOFTWARE can yield big benefits for security dealers. SDM talked to six security dealers and integrators about this. Here’s what they told us.
EXPANDING REVENUE STREAMS and increasing profitability are never ending battles for security integrators. Adapting your offerings to capitalize on emerging technologies that serve critical needs — without falling for flash-in-the-pan trends that quickly fade — is one of the surest ways to boost your bottom line and ensure business survival for the long haul.
HOW DO YOU DEFINE SUCCESS? Each May SDM features the SDM 100 (link to story) — a ranking of the top 100 security dealer companies measured by their RMR the previous year.