What is a PIM?
A Product Information Management (PIM) solution provides a single place to collect, manage, and enrich your product information, create a product catalog, and distribute it to your sales and eCommerce channels. A PIM solution makes it faster and easier to create and deliver compelling product experiences.
What are the benefits of using a PIM?
A PIM system is great for companies that need to juggle a lot of product information and sell in multiple channels. The benefits are profound, especially when it comes to productivity. A PIM can save you and your team time, improve data quality and help you take control of your products.
- Reduce errors and redundancies by relying on a single source of truth.
- Eliminate manual data entry and updating.
- Get to market faster than your competitors.
- Reduce overheads and wasted resources.
- Eliminate bottlenecks and data silos.
- Create rich, consistent content, which is optimized for all your sales channels.
- Sell more with better content and accessible data.
- Expand your product offering sustainably.
- Import and sort supplier data quickly.
- Increase customer satisfaction and loyalty.
Dataio is a Product Information Management Company. We provide consulting services & specialize in Implementing the Riversand MDM Platform.
The reasons are product damage, wrong pricing, wrong order to name a few.From an e-commerce company owner or a product owner perspective, the reasons for damage and the price may not be relevant, but you can take steps in ensuring that your customers don’t order the wrong products.Wrong orders happen because the visitors do not see adequate information about the product that they search.
Since some customers may have a time pressure to purchase, they end up making some assumptions about the product and buys it in-spite of this lack of product information.However, the customers figure out the lack of fitment, when the product reaches the warehouse.
The customers return the products to the store.
The store owner incurs the cost of shipment, inventory and a loss of faith with these customers.How can you ensure adequate product information?You have to locate the product information from multiple sources and provide the information in a structured manner.
You should also give adequate technical specifications about the product for the customers to compare and to confirm the fitness of the product to the industrial use case requirement.
You should cross map the products in multiple application areas which are the place where the bulk of oversight happensHow would you benefit?Saving significant cost in handling returnsImproved customer loyalty and satisfactionBetter inventory managementRetaining existing customersLowering support costs
Did you know that 40% of Americans (NPR) buy at least once a month on Amazon?44% of shoppers search on Amazon (which is only 11% more than Google) to find the product they’re looking for.
According to similarweb, Amazon is the central hub for online shopping boasting average web traffic of 2.39B.Customers splurge their money on Amazon.
Being a successful seller on this platform is the best bet you can get.
But, the real question here is how well are you utilizing the various channels through which you can improve traffic, increase visits, multiply conversions, and grow your business.
Are your efforts well distributed?
Do you keep your product information contextual and customer-centric?
Dataio is a product information management company.
We provide consulting services & specialize in Implementing the Riversand MDM Platform.
In this report, our team offers a comprehensive analysis of PIM Software market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-pim-software-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• Akeneo• inRiver• Salsify• Oracle• Hybris Software• Agility Multichannel• IBM InfoSphere• ADAM• EnterWorks• Stibo Systems• Informatica• Pimcore• Tradeshift• Perfion• Riversand• Catsy• Edgenet• Plytix On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Cloud Based• Web Based By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Large Enterprises• SMEs By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-pim-software-market-2020-2026 Table of Contents Global PIM Software Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Cloud Based1.3.2 Web Based1.4 Application Overview1.4.1 Large Enterprises1.4.2 SMEs1.5 Industrial Chain1.5.1 PIM Software Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Cloud Based2.1.2 Web Based2.2 The Overall Market Performance(Value)2.2.1 Cloud Based2.2.2 Web Based 3 Global PIM Software Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Large Enterprises3.3 SMEs 4 Competitive Analysis4.1 Akeneo4.1.1 Akeneo Profiles4.1.2 Akeneo Product Information4.1.3 Akeneo PIM Software Business Performance4.1.4 SWOT Analysis4.2 inRiver4.2.1 inRiver Profiles4.2.2 inRiver Product Information4.2.3 inRiver PIM Software Business Performance4.2.4 SWOT Analysis Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/ict About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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