Product Information Management software (or PIM) is getting more and more popular every year, as more and more companies embrace a new, more efficient way to handle all the data involved in ecommerce. But what kinds of data can PIM actually help with? The name doesn’t exactly go into detail—after all, ”product information” could technically mean anything from initial designs and blueprints to current sales figures to user-generated reviews and content.
To make up for the name’s (somewhat ironic) lack of information, I’ve put together this guide to the seven most typical types of product information and data that PIM software can handle. Each category also includes some real-life examples, so you can get a really clear idea of the capabilities of this tech and see if it would be a good fit for your business.
First up is the bread and butter of any ecommerce business—the data that identifies your products. This includes technical data like SKUs and UPCs, along with things like product titles, labels, and basic descriptions. PIM systems excel in handling these details and keeping critical information consistent across all sales channels.
A fashion retailer, for instance, can use PIM to make sure that the SKU and GTIN are accurately recorded and consistent across all sales platforms for every shirt that it sells and that the right product titles and descriptions are associated with each one. This is crucial for avoiding things like pricing discrepancies or mislabelled products, which can directly impact sales and customer satisfaction—and not in a good way.
In addition to fundamental product information, PIM software can manage a wide range of additional details about your products. This includes physical attributes like size, color, and material, as well as more specific measurements and other specifications that help in distinguishing between similar products.
For example, an online appliance store can use PIM to manage data about the technical details of its various home appliances, or the materials and colors of each one. This additional data helps customers make informed decisions by providing detailed comparisons between products, so nobody ends up with a tiny travel-sized hairdryer when they were looking for a more heavy-duty, salon-quality option.
Product taxonomy involves how products are categorized within a system, which is essential for easy navigation and efficient management. This could mean literally sorting products into categories and subcategories, setting up “parent” products that have multiple variations, or establishing other relationships between different products—think accessories, components, bundles, upsell options, and downsell options.
For example, an electronics retailer might use PIM to group the products on its website into specific categories like smartphones, tablets, and laptops. Those categories could then have further subcategories based on features like brand, model, and price range, and then each individual model might have variations based on color or storage capacity.
Finally, having related products would give the retailer the option to show recommended accessories alongside each product at the moment of purchase, like cases or screen protectors. This structured approach makes it easier for customers to find the products they need—whether they knew they needed those products or not 👀
A comprehensive PIM system also supports the management of digital assets. These are typically media files like images, videos, audios, and documents (think product manuals in PDF form, for example). These assets are crucial for ecommerce as they provide customers with valuable information, helping to drive sales and improve user engagement. I mean, let’s be honest here—do you really expect people to buy something without seeing it first?
A sneaker retailer, for example, can use PIM to manage high-resolution images for each piece of footwear that it sells, alongside care instructions and videos of the sneakers in use (ideally by overly-photogenic celebrities, but authentic UGC can’t be overlooked either). These assets are vital for engaging customers and providing a rich online shopping experience.
Marketing and sales data is another area where PIM software really shows its strength. This includes SEO keywords, product catalogs, sales enablement documents, and customer testimonials or reviews. By centralizing this data, PIM helps you keep marketing efforts consistent across all platforms while tailoring your content to make it resonate with your target audience.
A cosmetics company might use PIM to centralize the SEO terms associated with each product, which can then be used to improve search engine rankings and drive traffic to product pages. Additionally, managing sales enablement documents through PIM means that all sales representatives have up-to-date product information at their fingertips, which can make all the difference when they're trying to close a deal.
For businesses operating in multiple geographical regions, localized content is essential. PIM systems can handle translations and regional versions of product data, as well as manage pricing in different currencies. This capability makes it much easier to meet all market-specific requirements, like compliance with local regulations, and to connect with the local customer base much more effectively.
For instance, a global sports equipment provider can use PIM to adapt product descriptions, pricing, and currency for different regions and make sure that all information is relevant and compliant with local market standards. To really win this game though, they could even include references to local sports teams or players that vary depending on the area—think featuring the Lakers in L.A., the Cowboys in Dallas, and of course Ryan Reynolds and Rob McElhenney in Wrexham.
Channel-specific content tailoring is crucial for businesses that operate across multiple online platforms. Using PIM, a retailer can optimize product data for different channels like Amazon, eBay, and their own ecommerce site. This means adjusting product titles, descriptions, and metadata to meet the specific requirements of each platform, boosting visibility and sales potential.
For example, a health supplements company can make use of PIM to optimize its channel-specific content by adjusting product titles and descriptions for their offerings across different platforms like Amazon, eBay, and their own website.
On Amazon or eBay, product titles might emphasize 'bestseller' status or key benefits like 'immune support' to catch the eye of health-conscious shoppers browsing through a sea of options. Meanwhile, on their website, they could provide deeper educational content about the benefits and scientific backing of their products to build trust, encourage longer engagement, and ultimately keep their sales looking as healthy as their customers.
While PIM is mainly used for managing structured product information, its integrated DAM functionality means it can actually store virtually any data, even if it cannot directly process or read it. This flexibility is incredibly useful for businesses that deal with a massive amount of unstructured data and files scattered around a bunch of different systems, since it gives them one centralized repository where they can store everything.
PIM software isn't just about keeping your data organized; it's about making your data work harder for your business. By managing everything from basic product details to complex digital assets and channel-specific content, PIM provides a structured framework to support efficient ecommerce strategy.
To delve deeper into how PIM can transform your business and place you ahead of the curve, download our comprehensive ebook that talks about exactly that subject! It’s got more statistics than I can count, case studies that show real-life companies benefitting from PIM, and a comparison of five of the top PIM providers on the market. Don't let your business lag behind—embrace PIM and watch your business overtake the competition!