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What is a PIM and Why Do You Need One?

A Product Information Management (PIM) solution acts as a central source of truth for data that enables the collection, management, and enrichment of product information to create and distribute product catalogs seamlessly and efficiently. By simplifying the management of product information and automating manual processes, a PIM solution enables businesses to create richer, more engaging product experiences at scale, allowing them to better respond to market demands and customer expectations.

What is Product Information Management (PIM)?

PIM (Product Information Management) is a system or solution that helps businesses manage, centralize, and distribute product information effectively across different sales and marketing channels. The primary goal of PIM is to ensure that accurate, consistent, and up-to-date product data is available to customers and stakeholders, regardless of where they encounter it (eCommerce sites, print catalogs, mobile apps, etc.).

Key features include:

  • A single platform to store and manage product information
  • Tools to enhance product data
  • Distribution capabilities
  • Support for managing localized content for different regions and languages
  • Enhanced team collaboration and communication
  • Automation of repetitive tasks, such as categorizing products

What data does PIM store?

  • Technical data – Essential product specifications such as dimensions, colors, SKU numbers, materials or ingredients, and product page data like titles and descriptions.
  • Usage data – Information about and where the product should be used, such as instructions, care guides, recommended applications, or maintenance tips.
  • Emotional data – Brand messaging, storytelling, and marketing-focused content that highlights the emotional appeal of a product.
  • Sales and pricing data –Pricing, discounts, and promotions data, such as wholesale and retail pricing, and tiered pricing for various customer segments.
  • Categorization and classification data – Product categories, tags, and attributes that enable easy classification of products.
  • Localization data – Translations, region-specific descriptions, and currency adaptations.
  • Regulatory and compliance data – Information such as compliance data, warranty details, and any certifications that prove regulation compliance.

Benefits of PIM

  • Improved efficiency: Reduces manual work by automating tasks like updating and distributing product information, allowing teams to focus on more strategic activities.
  • Increased data accuracy: Eliminates data errors and inconsistencies across channels, ensuring customers see the right product details.
  • Enhanced customer experience: By providing rich, detailed, and consistent product information, PIM improves the overall shopping experience, building customer trust.
  • Faster time-to-market: Centralized product data and efficient workflows speed up the process of getting products to market across different regions and channels.
  • Reduced returns: Providing accurate, detailed, and consistent product data ensures customers have a clear understanding of what they are purchasing.
  • Increased conversions: Delivering enriched, accurate, and compelling product content across all channels empowers customers to make confident purchase decisions.

How PIM Works

How PIM Helps the Entire Team

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Are you ready to take the next step?

Our Akeneo Experts are here to answer all the questions you might have about our products and help you to move forward on your PXM journey.