Product Information Management What is Product Information Management? (PIM) PIM is a task of organizing or managing the information which is required by any Business to sell the products and services. There are numerous types of PIM systems with a majority of them have standard databases to store information. It is basically a marketing technique which helps businesses and organizations to achieve higher revenue and profit by increasing sales of their products.
What is the need for PIM Systems? ➢ The given information is required for PIM applications such as webshops content, ERP systems, product catalogs, and electronic catalogs to the trading partners. ➢ It is a way to target the customers by linking documents, images, video or audio files through an intermediate management like a website content. ➢ With innovative ideas and logistics systems, PIM can provide real cost savings for a swifter ordering process. ➢ PIM can load all the necessary information related to each product so that it can reach to the customers. ➢ Product prospectus offers an effective way of advertising and raising the sales value through multichannel publishing and automated catalog production. ➢ PIM is a source through which necessary information is accessible in numerous marketing channels.
➢ Regardless of long distances, data is accessible anytime and anywhere to the business departments. ➢ This system allows simultaneous editing, accessing and creating new data by various individuals at the time. ➢ With PIM, companies and organizations can fulfill the requirements of their customers by giving them complete and updated information of their products. ➢ It is an effective way to transmit and manage the information.
So if you are looking for a solution that suits your business, then take the guidance from services by Catsy. They have a reliable team and will help you with a product information management solution. For more info, click here: Product Information Management