Magento 2 PIM Systems

1.  Importance of Magento 2 PIM Systems and its Integrations For a product-based company, it is essential to provide all the updated product-related details to their end-users across the various channels used for eCommerce. In this competitive world, the customers prefer comparing the product of their choice with the various options in the market based on their product description, technical specifications, costing, etc. Thus, it is crucial to provide accurate and updated details to the customers. It becomes important for the organization to maintain updated product information. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

2. PIM System – What You Need to Know? • There are numerous product details available from various sources. The organization needs to collect, compile, organize and store all the product-related details. The product information management (PIM) tool helps in performing these activities and centrally stores all the product-related information. • Any product-based organization needs to present the product details in the required format as per the channel requirement. The PIM Magento 2 tool helps the enterprise in organizing the product details based on the various attributes that allow categorizing the product into various groups, families, etc. as per the channel requirement. • PIM tools allow for providing all the essential product details in various formats including images, videos, audio clips, etc. that will help in building the brand confidence in their customers. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

3. Benefits of using a PIM System • Data transparency and ownership • Better catalogstructure • Data centralization •  Improved customer experience • Enhanced time management • Cost-effective • Easy integration https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

4. Why is Magento 2 PIM Systems Important for Your Business? • Most enterprises implement the use of modern PIM solutions for managing product information and providing high-quality product experiences. It is important to keep the market updated with accurate and real-time product details as it is crucial for eCommerce. • For the expansion of the business, the enterprise can approach various channels, platforms, or devices in the market. Integrating the magento 2 pim tools enables the delivery of consistent product-related information across various channels. • While using the Magento 2 PIM, allows for integration with the various tools and applications like ERP, Management systems, etc. It allows for 2-way synchronization and needs to store the data at more than 2 places. • In the long run, this can lead to strenuous and time-consuming. Integration of PIM Magento 2 allows for creating a data repository for managing the raw data and improving the site management experience. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

5. The different difficulties faced by using the Magento include: • Numerous SKU and digital assets • Frequent product catalog updates • Data comes from multiple sources • Multiple marketing channel engagement • Wrestles with enterprise silos • The PIM-Magento 2 integration is useful as it leads to: • Manage multiple storefronts using the same product catalog • Boost the brand reach through stellar product information • Enhance multilingual functionality for achieving a global reputation • Lighten resource load by unifying data • Amplification of customer experience by delivering consistent experience at every touchpoint https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

6. Key Features of Magento 2 PIM Systems 1. Product Content Management Capability With the business growth, the number of products increases leading to an increased number of documents and files. PIM allows for handling a large number of files and files with larger sizes with efficiency. PIM also keeps the track of changes made in the files for easy traceability. The PIM Magento 2 tool allows for deleting duplicate files. An adequate Magento 2 product management tool allows the organization to store essential product details like product identification information, technical specifications, marketing content, creative information, taxonomic data, compliance data, pricing data, logistics data, channel-specific information, cross-selling information, etc. 2. Flexibility to View Data by Channel The selected PIM Magento 2 tool should be capable of providing a bird’s eye view of the channel-specific data. Every channel has specific requirements for the data provided; the PIM organizes the data and provides all the essential details to the channel based on their requirements. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

7. 3. Bulk-Data Import & Editing Ability The variety of product details like product description, technical specification, graphics, images, files, audio clips, etc. The PIM tool ensures the collecting and organizing of the data from various sources with ease. It reduces the complexities caused by importing and editing the bulk data. Implementation of the PIM solution provides the bulk loading and importing flexibility thus enhancing the performance in the long run. PIM stored the data centrally thus making any change in the files reflected at the various channels thus making the bulk editing easier as compared to editing manually at the different channels. 4. Global Scalability For the growth of the business, the enterprise can involve several channels to reach potential users across the globe. The different channels or platforms in different geological locations require the details in their local languages and local currency. Implementing PIM systems makes it easy as it can easily provide the details in the required language and format. Integration of Magento-PIM provides localization options for presenting the product data in multiple languages for the local audiences. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

8. 5. Multi-Channel Readiness The requirements of the channels change as per the location and the purpose. It becomes difficult if the different channels are handled manually. The PIM allows for providing the essential details as per the channel requirement. It organizes the details based on different attributes which makes it easier for providing the specific details as per channel requirements. 6. Digital Assets Management (DAM) Efficiency The product details contain contents, texts as well as images, audio data, spreadsheets, etc. The robust PIM should be able to access the different types of files with ease. It should have a built-in Digital Asset Management tool for accessing and improving asset quality. Thus, the selection of the PIM system should be able to enrich and distribute all the digital assets across various channels 7. Marketplace Integration PIM acts as a single source for the true and accurate product details that provide all the information across the different marketplaces. Leverage marketplace integration services to integrate with the different marketplace.

9. PIM Systems Enhance eCommerce Experience • The Magento platform provides enhanced operational efficiency for delivering an improved digital experience. The functioning of this platform is enhanced when it is combined or integrated with the product information management tool. This leads to improved features of personalization and optimized product management functionality. • The Magento-PIM integration leads to easy scalability and improved performance. This integration provides a seamless shopping experience to the customers leading to increased trust in the product as well as brand leading to an increase in sales and business. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com

10. Conclusion The competition in the market is increasing and thus to stay ahead in the business it is important to gain the confidence of the customers. The customers check and compare the products available in the market based on their product description, specifications, images, costing, etc. and make their choice. Implementing the use of the PIM for Magento 2 enables efficient handling of the product information and provides accurate and true product details to the end-users leading to building customers’ confidence in the product and brand. https://www.credencys.com/blog/importance-of-magento-2-pim-systems/| hello@credencys.com