Uploaded on Nov 30, 2022
Best way to mark success in eCommerce is to deploy a robust PIM system that does not just provide you with a centralized data repository but allows you to host, organize, optimize, and syndicate product information in the same place.
Enterprise digital commerce solution - Amazepxm
Enterprise digital commerce solution – Amazepxm If you own and run a business, you can no longer ignore the internet. The brick-and-mortar stores are great, but they attract and target only a few buyers in a specific geographical area. To span your business far and wide and be more successful in it, you need to use the internet. Whether you are planning to open up an online store, already have one, or are selling your products on renowned marketplaces, growth possibilities are endless in digital commerce. Studies reveal that the global eCommerce market, which registered a growth from $1,336 billion in 2014 to $4,280 billion in 2020, will grow to $6,388 billion by 2024. But to gain your market share in this expected surge, you will have to have the right eCommerce product management software or PIM system in place. Indeed, the best way to mark success in eCommerce is to deploy a robust PIM system that does not just provide you with a centralized data repository but allows you to host, organize, optimize, and syndicate product information in the same place. A glimpse into what a PIM system can do to your business and how it can affect your eCommerce growth strategies will inspire you to invest in one. What is a Product Information Management (PIM) system? Also known as eCommerce product management software, a PIM system is a business application preloaded with tons of inbuilt features and modules to help brands and retailers manage their product information in the best and easiest possible way. The software assists organizations with their eCommerce growth strategies. With a PIM system at work, you can unleash the true potential of your product data by bringing it to a function-rich, central repository. In other words, it provides a single source of truth for all your product information, including digital assets, such as images, audio clips, video files, PDFs, GIFs, etc. Over the years, it has emerged as the best enterprise digital commerce solution for companies of all sizes and domains as it allows eCommerce optimization and more. One of the most professionally available eCommerce product management software is Amaze PXM. It brings you four key capabilities – Create, Optimize, Dazzle, and Syndication. 1. Create unique product content and edit it on a single location The software lets you author content that describes and presents your products accurately and completely. The ‘Create’ capabilities of Amaze PXM work on more than one level. At the catalog level, users can design catalog structures. Catalogs are where you can group similar products, describe the characteristics and properties of products, and define the schema. The 'Create' function at the product level facilitates classifying products under relevant categories, creating product content, and normalizing product information to meet data standards and compliance. 2. Optimize browse and search design The eCommerce product management software allows users to leverage a well-defined browse and search roadmap for digital merchandise. This guides buyers to effortlessly find what they are looking for. Furthermore, the PIM system enables users to build product family building for easy findability and set governance rules for consistent product experiences across channels. 3. Digital asset building and management (Dazzle) The product description is incomplete without using digital assets, such as images, audio clips, video files, etc. And you cannot use DAs effectively without a comprehensive enterprise digital commerce solution (PIM system) that offers DAM capabilities. The system enables users to build a master repository for all digital assets, create and maintain asset level attribution for asset definition, activate and deactivate assets, edit DAs, and link them to the right product. 4. Automate onboarding and distribution Whether you are a manufacturer, retailer, or distributor, the eCommerce product management software is instrumental for all. The syndication capabilities of the software let users introduce new products to the market at s superfast speed with easy and fast integration with 100s of eCommerce platforms and distribution channels. To sum up, a robust enterprise digital commerce solution makes product data the backbone of eCommerce growth.
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