KNOW THE NEED FOR PRODUCT INFORMATION MANAGEMENT Product Information Management system or PIM is an information organizing tool. It stores the data and products with a unified information database. It is a great marketing and productivity technique helping various organizations to achieve more revenue and profit. In today’s world of business, a company’s business has various new channels with many customer touch points. And for accurate working, it is highly important to provide the updated information to the sourcing, product development, marketing sales, distribution and customer support. This is where PIM tool helps by acting as a comprehensive system allowing the organizations to store all aspects of the product data.
PIM allows businesses to work in a systematic manner. It helps in differentiating the categories of products so that both the internal team and customers can easily navigate in just a few clicks. Implementing Product information system leads to significant cost savings as it decreases the cost to companies associated with aggregating, managing, and publishing the product information. The biggest benefit that the organizations can have with PIM is the opportunity to earn more revenue and profit. With a centralized system, it will let the organizations focus more on the marketing strategies. The proper management increases the sales and acts as a friendlier tool to manage the information for e-commerce managers, manufacturers, retailers and online merchandisers. Moreover, implementing PIM can lead to customer satisfaction which eventually helps customers in buying the products. To get the above benefits of PIM, Catsy can help you in the best way. We are a reliable and affordable source in providing the PIM services.