Magento PIM Integration: The Perfect Solution for Your Store

1. Magento PIM Integration: The Perfect Solution for Your Store A product-based enterprise must focus on providing the best and most accurate product details to their end-users to assist them in making their selection. The shopping trend has changed drastically, and customers compare the products before purchasing based on the available product details, technical specifications, visual graphics, cost, reviews, etc. To tackle all the hassles of modern challenges eCommerce business prefers Magento PIM Integration. There are several applications useful for the management of these vast product details. The enterprise expands its business by implementing several platforms that allow them to reach its potential customers through various touch points. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

2. What is PIM? / A product information management (PIM) system is software that enables the organization to manage the data collection, management, organization, enrichment, storage, and secure sharing of product information within and outside the organization. It helps to share the details effectively through various touchpoints across various channels with the end-users, collaborators, partners, etc. The Magento PIM Integration can collect data from several sources in different formats. Every organization, for its smooth functioning of processes and operations, needs to implement several other applications of software. PIM systems can easily integrate with these other applications or platforms like Magento, ERP, CRM, etc., leading to increased productivity and incorporating the data generated from these platforms. Credencys has helped the brands by providing exclusive insights into what is PIM? and introducing the advanced PIM capabilities to help them justify their decision of considering a PIM for their online business. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

3. Why should you use Product Information Management (PIM)? • Product information is available from several sources and in different formats, so it is important to have all the data in one location. PIM allows for collecting and managing this vast product information at a single centralized location. • The different teams within the organization have authorized access to the PIM for updating the details. Using the PIM system, the different teams can have improved communication as they all have access to the same updated information and performance increases. • PIM enables storing information like images, videos, graphics, text documents, presentations, etc. PIM enables providing complete and accurate product details. It ensures that accurate and high-quality product details are provided across all the eCommerce channels. • If you are looking for more reasons for considering PIM for your online business. You should visit Why Your Business Should Have a Product Information Management System In 2022? Getting clarity on PIM is not just a stool. It’s an integral and quite essential part of your online business strategy. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

4. How Can PIM Software Help Your eCommerce Company? • Product information is very important for the eCommerce business of a product-oriented enterprise. The enterprise must maintain high-quality and accurate product information across all the eCommerce channels while managing thousands of orders. Accurate product details form the foundation of effective content for marketing. • It is essential to focus on product content as a multifunctional tool and utilize it for building customer trust, confidence, and loyalty. The quality of product content will enhance communication with the customers, leading to increased sales. • PIM enables the management of product information directly on the various eCommerce platforms. • Eager to explore how PIM helps eCommerce brands to gain a competitive edge, read Product Information Management- PIM eCommerce? It provides all the details related to PIM capabilities that can be utilized by eCommerce companies to beat the competition, https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

5. What are the benefits of PIM software? • Completeness of information • There is a vast amount of data available for the product, and it is important to present only the important and relevant details of the product across the various channels. PIM allows for providing the product information that will help in providing the complete product details; it also provides the graphical details essential for the product visualization. • Automates Data Sharing • Every channel has its own requirements for product information. Manually handling the needs of the different channels may become tedious and time-consuming. PIM organizes the data with respect to several attributes, and this enables it to provide the data to the different channels based on their requirements. • This helps in saving time, money, resources, and effort. The organization can utilize these resources for other important tasks. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

6. Transparency and ownership • It is essential to provide accurate and true product data across the different channels for the eCommerce business. While providing these details on the different platforms, it is essential to take the responsibility of providing accurate details. • Diversifying the workflow tools and creating the ownership for increased data transparency enables PIM. PIM enables streamlining of interdepartmental collaboration and the employees in the different teams can access the relevant data. It provides authorized access to the team leaders to edit the details, thus retaining transparency and ownership. • Better catalog structure • PIM enables aggregating the details in a different format for designing the catalog. Different eCommerce platforms have different demands regarding the attachments required for the catalog structure for enhanced customer experience. • The PIM system automatically sends the product information in the required format. It also ensures providing quality reports of the content and keeping track of the changes made in the details. • Data centralization • PIM enables categorizing the data into various fields and attributes. This makes it easy to search for any data without any waste of time. The different attributes help the different channels identify the data and auto-populate the essential fields. • The data centralization enables the catalog printers and design connectors to select the required data with good quality and resolution. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

7. Expanding global reach • For expanding business, enterprises use different touchpoints across different channels to reach their potential customers. PIM has a feature that allows for automated translation of the product details into several languages. • This enables providing the product details in several languages while targeting the global market. Foreign customers can easily access the details in their local language and currency, making it easier to purchase. • Better customer experience • PIM allows the customer to access the product details and their relevant information. It helps the customer in making the right choice while making their purchase based on accurate details, product visualization, etc. • These clear details about the product reduce the chances of product returns, complaints, and abandonment of carts. It also provides the stock details to the customers and shipping details, thus enhancing the customer’s shopping experience. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

8. Enhanced time management • Implementation of PIM helps in saving time by reducing unnecessary repetitive tasks. It eliminates the process of manual data entry and updates. The time saved on this task can be utilized in other important tasks to enhance productivity. • Cost-effective • PIM can easily integrate with the online eCommerce store, thus having a significant impact on the costs involved. It reduces the operational and the cost of the supply chain. It helps in efficient inventory management, thus preventing situations like out-of-stock and overstock. • Ease of integration • The organization needs to implement several other applications for different processes and operations. PIM can easily integrate with these different applications or platforms and provide complete access to several product reports and other necessary information. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

9. How Does PIM Work in Magento PIM integration? 1. Loading product information This is the first step involved in getting the product information into the system. These details can come from within the organization if it is the manufacturer of the product or taken directly from the internal information system linked with production. The retailers get the information provided by the manufacturers and suppliers. This data should be verified before it is provided to the retailers. PIM is intricately linked with different information systems like ERP, CRM, etc. Mapping of the data is very important and tracking of the details entered into the system is very important as the source of information might keep changing constantly with the change in retailer. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

10. 2. Validation of product information Once the information is entered into the system, it is important to verify these details. The system checks for all the attributes and if they are filled in, these checks can be performed manually as well as automatically. The PIM systems generally perform automated searches to check if any of the attributes are missing in the filled details. If any of the details are missing, the tasks are sent to the different departments to fill in the missing details or correct any errors. It is important to place the product properly into the correct category based on the hierarchy. There are several categories available, so the important and difficult task is the selection of the proper one. The website can show the different classifications based on the nomenclature tree and based on which category is selected. Each of the marketplaces has its own set hierarchy. The product should be classified as per the system requirements. The PIM system should be able to handle the different types of hierarchies and should be able to import data and verify it. All the available product details must be put into the different attributes and set into appropriate categories. These attributes might change depending on the business needs as they are very dynamic. It is important to save additional information. Different people can access the data at different stages of its development. At the saturation stage, it is important to provide the support workflow that will allow the employees to understand what is important to them. PIM enables automated checks using different shared access given to the selected authorities. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com

11. 3. Uploading product information Once all the product information is made available and verified, the next step involves the export of these details. This process of the data export is not easy as it needs to export the details in different formats. Each channel will require the details in a different format that is convenient for their function. This process of data upload may take place in batch mode or in real-time as the data gets changed or updated. This information gets transformed into the other systems. The requirements of the sales channels are different and may require a different set of attributes for a printed catalog or website. They store these details in a format that is convenient for them and needs to be transformed when shared with another system. This includes conversion of units of measurement, currency, etc. https://www.credencys.com/blog/magento-pim-integration/| hello@credencys.com