How Product Information Management(PIM) Helps the IT Managers Stay Ahead of the Curve.
Retail Tech Insights | Saturday, April 25, 2020
Some people believe that a Product Information Management (PIM) solution is simply a fancy marketing tool. However, only multichannel marketers can benefit from this.
FREMONT, CA: PIM is more than just a marketing tool. It's a powerful system chock-full of killer features that give multichannel retailers the technology they need to:
- Create a unified source of truth for the company's product data
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- Create engaging product stories across sales channels, both online and offline, by easily managing product variants, bundles, relationships, and more.
- Satisfy the needs of omnichannel-savvy customers
- Easily expand the company into new markets.
- Quality product information can help drive sales and marketing results.
Benefits of PIM for the IT Department
IT managers are no longer merely service providers; they have evolved into true business partners. After all, their knowledge and experience enable them to quickly distinguish between software ready to meet future demands and software that is a wolf dressed in grandma's clothes. This is why CTOs and IT managers both bring ideas to the table about optimizing the entire business model through disruptive technology.
Furthermore, as heavy on-premises software becomes less and less effective for modern-day enterprises, smart IT crowds already know that its days are numbered. The truth is that the future of business services is Software-As-A-Service, particularly multi-tenant SaaS solutions built from the ground up on microservice architecture and lightning-fast APIs.
On the other hand, using SaaS PIM allows you to divide the e-commerce machine into smaller pieces, which are easier to manage, improve, and scale. This, of course, opens up a slew of new opportunities for e-commerce businesses that were previously unavailable due to legacy IT. A PIM system, for example, can add new features more quickly and affordably than an ERP system.
And the best part is As a SaaSservice, PIM is extremely adaptable and will grow with your company in accordance with its evolution. So you'll always pay for exactly what you use, with no hidden fees or extra charges to access new features.
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