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September/October 2023

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CRACKING THE CODE: TEAM DEALERS WEIGH THE PROS AND CONS OF HOW TECHNOLOGY IS CHANGING THE WAY THEY DO BUSINESS. BY JUDY LEAND W hile advances in technology are usually exciting and nearly inescapable, they're not always easy to understand or implement — especially among team dealers steeped in "that's the way we always did it." Technology adoption – the successful integration of new technology into a business – is challenging for companies of all sizes and has become even more so over the past couple of years following the start of the pandemic when so much has been happening so fast. Some of the buzziest tech conversations revolve around the surge of artificial intelligence, the ramping up of 5G, tech-assisted shopping via mobile and social media platforms, cybersecurity and automation. While large enterprises are usually the first to utilize new tech, there is a trickle- down effect to smaller businesses such as team dealers as the advances become more widespread and cheaper to implement. But just how useful are today's technologies to team dealers — and how do those dealers approach the proliferation of options? One more important factor: In the team market it is vital to take into account the ever-important personal relationships that in some cases have been forged over generations. While most dealers have by now embraced technology in varying degrees, there are still a few doubting omases who want as little to do with tech as possible. Here, six dealers offer their thoughts on the subject. 34 • September/October 2023 sportstyle • sportstylemag.com TEAM BUSINESS

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