Advantages of using Product Information Management Tool

 

Imagine having a seamless business model that does all the work for you and also attracts more customers! Isn’t that what you are trying to achieve with your company? What if we told you that is possible and easy too?

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A product catalog software is best for all businesses that need to streamline their activities and look for success on the online platform.

So is this what you need for your business? Absolutely right!

Let’s look at what exactly does a product information management (PIM) tool do to a business.

With services providers like Questudio, you can find the best catalog management software in CatalogStudio. This will create a unique central repository that holds all the product details that you deal with. The most important task of this repository is to store all the attributes required for a perfect management system. Once this is done, the next step in the process helps to create a website and upload all the data for the customer to see and eventually purchase. But Catalog Studio goes the extra mile and helps with cataloging your products for publishing it online and on several channels, which brings in more customers and obviously more sales. This is the beauty of this all-encompassing product catalog system.

Still not convinced?

OK let’s dig deeper and understand the advantages of this product information management tool. Here goes:

 

  • Ease of managing a large number of products – With the PIM tool, it is easy and quick to upload all the details of the products that are part of your company. However large a database you have, it can be done without a hitch. This quick storing of data makes it very easy for company personnel to get on with business.
  • Sourcing of products – If your products are not coming from a single source, then it becomes extremely difficult to handle this information manually. With the PIM tool and the central repository, you don’t have to worry even if you have several source points for your products.
  • Improved accuracy – The star of the PIM tool is the central repository. This is because it helps to maintain accurate data in a single location. All changes, deletion, and addition of product data happens only here and is reflected on the website.
  • Efficient workflow – Once your data is stored centrally, all other business activities and workflow is automatically efficient. Employees at geographically spaced locations can work with products from different sources easily.
  • Lessens the number of product returns – All businesses want products to satisfy their customers. So the return of products should ideally not happen. This is where the PIM tool achieves success. When a customer is given all the relevant information about the product, they can make an informed decision and buy the right product.
  • Increases customer loyalty – When you have the right products going out, you have happy customers. With happy customers, you automatically have a loyal customer base.
  • Sell across multiple channels – With the PIM you have the added advantage of creating catalogs quickly and publishing them over multiple channels – online or offline. Think print, PDF, etc.
  • Multiple catalogs – Creating just one catalog is easy, but when you need to create several different ones for various occasions it can get tedious. The PIM tool helps you to create multiple catalogs all different in type in a matter of minutes.

Isn’t this what you want for your business? So, go ahead and make it happen with the perfect PIM tool.

Organize-eCommerce-Store-using-Catalog-Software-Automation

Are you looking to revamp your online store to reach higher sales figures? Or do you want to enter the online world with your very own e-commerce website? If yes, then you need to know the best way forward.

Read on to find out how you can achieve business success with the help of a catalog software automation. Software and service providers like Questudio help various companies to go online and build a platform that increases sales.

You will need software like CatalogStudio to help you with your e-commerce store. With CatalogStudio you can organize the information that is related to your business in the most profitable way. What’s so special about a software like CatalogStudio?

Here is the answer –

CatalogStudio creates a central repository that is unique to your company. This means that you get a central location to store all the details about all the various products that your company deals with. Inputting every detail like name, color, images, dimensions, categories, and price is easy with a simple yet very effective repository. Any updations to this repository can also be done without effort.

This is one of the most important steps to organize your e-Commerce store. As all the data is present in one central location, it can be retrieved from anywhere and used by any department. Manual changes take a long time and clarity, normalization, etc is not guaranteed. So having software that deals with this crucial information are the key to a successful business.

Once you are set with the right data for your e-commerce site, you can then create a stunning front-end website that will attract all the right customers. A customer always wants to see the products displayed with maximum details provided. This helps them to make the right decision and leads to a happy sale. So retrieving all these details from the central repository and putting it on the website is crucial.

What is the next step?
Today a customer not only wants to see products on the sites, they also want to be able to buy it online with just a click of a button. So your next step is to have a payment gateway on your website. This will help your customer to select the right products and add them to their carts. With a few clicks, they should be able to make the needed payment online and have a successful purchase. Using software like CatalogStudio you will be able to create this payment gateway which will increase your sales.

Need something more?

Yes, you can still help your business grow! A business needs a steady increase in new customers in addition to the loyalty of old customers. How do you get new customers when you are online and don’t have a brick-and-mortar store? The answer lies in catalogs. Catalogs created for every product or every category of products gives new customers a feel of your repository. These catalogs can have all the information needed or just a glimpse. Manually creating catalogs can be time-consuming but with the help of CatalogStudio, this job will take you just minutes. Publishing them online in the form of PDFs or printing them is perfect to get your company name out there. These catalogs can be sent out in the digital world for all to see.

Catalog Automation software is your best friend in this digital world to help with your business.

Web Catalog Management for an effective Online e-commerce Store

The latest trend among many consumers is to shop online. Heading out to a brick-and-mortar store is now too time-consuming and economically unfeasible for many.

So, as an enterprise, how do you tackle this issue? It is imperative then for enterprises to have their products published online. Websites today are e-commerce stores that give their consumers an insight into the various products that an enterprise sells.

Now, will a simple website help you build a large consumer base and increase your sales? The answer is, no.

So, let’s have a look at what makes an effective online e-commerce store.

First, the website should be able to give the consumers a dynamic view of each of their products. Just uploading a picture will not do. Consumers today need a personalized approach to online shopping. Images from various angles, in-depth information about the product like size, color, feel, texture, etc. are all needed to be showcased on the website.

How do you put this exhaustive information on your website?

An online catalog maker, like CatalogStudio from Questudio is the best solution. It has a central repository that is a key to the success of your website. In this central repository, you can add any number of attributes for each product. Once this data is in the system, it is easy to publish it on the website in a dynamic manner.

Second, the website should also have a personalized section for its customers. “Customer is king” is an adage that every successful enterprise adheres to. So your website should be able to read the minds of your customers and infer their likes and dislikes. This is necessary to be able to plan your sales strategy.

Does the online catalog maker do that as well? Yes, it does.

You can easily create a digital catalog that is like an online brochure. With CatalogStudio this process is extremely easy, time-saving and cost-effective. Just enter the product details needed for a specific catalog and your online catalog is ready for printing, online sharing or PDF publishing. Creating several versions of the catalog is also quite easy. Once your customers see the stunning catalogs, they will be attracted to the products and your sales are sure to increase. It helps to convert potential consumers into loyal ones. PDF catalog automation is another great asset for enterprises as you can easily generate hundreds of PDF catalog pages and send it across to dealers.

Another feature of CatalogStudio is its versatile and responsive e-commerce platform – WebStudio. Deploying your website and its dynamic data is easy and features such as up-selling and cross-selling products are great for enterprises. This increases revenue and also your market reach.

Using a premier web catalog management system for your online e-commerce store is the best way to be effective in business. Streamlining your data, managing an efficient payment gateway, understanding the needs of your customers, building and sustaining a loyal customer base are all facets that can be achieved with a good online catalog solution.

3 reasons you should be using a PIM

Product Information Management

PIM stands for Product Information Management. It is an essential tool for retail businesses that manage multiple products online, regardless of size.

Solutions like DropBox and other cloud filing cabinets fall short when it comes time to collaborate on the development, marketing, and launch of a product. Even juggling the data and content related to a single product can seem like a circus. Information is scattered. Files are mislabeled. Assets are misplaced.

This is where a PIM makes all the difference.

Here are 3 undeniable reasons why you should be using a PIM:

Centralized content and information

A PIM let’s you create, enrich, and distribute product content and information in one place. Better yet, it let’s you relate those products to catalogs and other assets.

So for instance, let’s say you sell decorative rugs and you are getting ready to launch a new product called the Maude Rug. You can enrich it with a product description, specifications, and other data points.

Then you can add related product images, press releases, and other assets. The power of the PIM is in the linking of products, assets, attributes, and catalogs so that everything is easily accessible in the cloud.

Regardless of the complexity of the PIM, the ability to enrich, relate, and share products and catalogs is a fundamental reason why these solutions are so great.

We have an amazing software that does exactly this, PIM Solutions

Increased efficiency and productivity

This central hub gives access to what your team needs in a standardized and centralized way. There will be no confusion or lost time trying to locate things. PIM systems are generally outfitted with handy export tools, and the ability to make your catalogs public, so you can share everything easily.

You’ll make progress faster, team morale will stay positive. And more importantly product quality will increase, which is really a benefit all it’s own.

Improved product content quality

Using a PIM increases the likelihood that products will get the attention they deserve through enrichment. You will make less mistakes because you are less likely to let them go unnoticed.  And that extra attention is crucial.

Accurate, error-free product information helps build trust with your customers. Well crafted product descriptions bring the right customers closer to purchase. And product images, videos, and other assets are key to getting that product past checkout.

The more time you waste fumbling with an out dated filing cabinet, the less attention you can give to your products.  A PIM gives you the right infrastructure to centralize, streamline, and improve the way you work with your products.

But how much does Product Information Management cost?

PIM systems are seen as expensive, technical systems. The market is shifting now to include affordable, user-friendly alternatives that don’t require a computer engineering degree to understand.  Doing a bit of research reveals a world of product management tools for companies of every size and shape.

With Questudio you need not even worry about cost because we offer our software for FREE, Check it out here

 

Benefits of storing all information in a Central Repository

Repository is derived from the Latin term “repositorium” which means a place where things are stored or collected. Similarly a central data repository is an aggregation of stored data in some place such that it can be shared, updated, analyzed and secured by every user in an organization. The complexity of huge data created and used by several divisions of a business or organization poses great threats to its security, access, accuracy and quality increasing the need for more efficient centralized, integrated data management. In addition, inaccurate data can be harmful and can lead to wrong decisions resulting in loss; hence a central data repository is a necessity to support your business.

Improves decision making

Data is crucial for making business decisions; especially complete and accurate data is vital for making business analysis and taking effective decisions. When data is integrated in one place in the central repository, management can make better decisions to run the business smartly.

Enhances data quality

Erroneous data is dangerous and can result in huge losses. A survey showed that businesses are losing 15% of revenue due to bad data. Having parallel databases and transferring data within departments can result in data loss or poor-quality data too. Integrating all your business data in a central repository improves data quality and consistency to make better assessments.

Saves time and cost

With a central data repository, it takes less personnel time compared to managing multiple department databases. Moreover, a central repository is a great idea to eliminate silo management. By controlling data in a central repository, redundancy and its associated costs are eliminated and productivity is increased.

Increases efficiency

With a central repository, all data is integrated and maintained centrally so that manual data processing is eliminated and the resources devoted to multiple data management can be redirected to other business needs. By integrating historical and current data, analyzing trends to make informed decisions gets simpler. Furthermore, you need not spend time waiting for data to be complied from several systems or departments.

Reduces risk and increases ROI

With a central data repository, all your core business data can be edited and updated centrally so that it allows users access more consistent and up to date data. The confusion of having multiple data that needs to be synchronized for an unhindered centralized workflow is eliminated. Though centralized data management might seem to be expensive at first, you can prevent losses by eliminating poor, incomplete and wrong data, and uninformed decision making. A centralized database makes real-time analysis and reporting accurate for business so that you can take better decisions to increase your revenue, save money through integrated data management and gain more business through enhanced customer satisfaction.

Data being a great asset for business, effective management of the same becomes crucial for success and survival in the global market. A central data repository is a newer technology for businesses to embrace, improve efficiency and walk forward.