This blogpost outlines the benefits of using a PIM solution, and how Origin from Retail247 makes managing product data easy.
In the world of retail, product data serves as the backbone of operations, driving sales and shaping customer experiences. It’s the element that informs your shoppers precisely about their purchases, through product images, pricing details, material specifications, care instructions and beyond. However, managing this amount of data poses significant challenges. Maintaining accuracy and consistency across multiple teams, as well as platforms and channels, can be difficult.
Multiple teams are involved in handling product data, each employing their own set of methods and spreadsheets. Unfortunately, this disparate approach inevitably results in duplication and errors, not to mention a lot of wasted time. This can leave retailers without a definitive master copy of their data.
Understanding and addressing these challenges is essential for retailers to effectively leverage the power of product data when it comes to simplifying processes and reducing workload.
Origin from Retail247
Origin, the PIM solution from Retail247, makes managing product data easy. We take all data and store it in one easy to use platform, serving as the foundation for all relevant teams to use when working with product data. Each feature is customisable, allowing businesses the flexibility to deploy as many or as few as they desire. Furthermore, each unique user’s dashboard is entirely customisable, ensuring efficiency and ease of use. Key features include:
- Product Data Management
- Product Data Distribution
- Price Change Management
- Product Data Collation
- Digital Asset Management
The Benefits of Effective Product Data Management
Making data management an easier task brings many benefits to retail businesses. They include:
- Saving time
- Minimising frustrations
- Removing errors
- Removing duplication
- Reducing manual workload
- Decreasing go-to-market time for products
- Increasing speed of sending data to channel partners
- Increasing ease of collaboration
- Collating data all in one place
- Automating tasks
Client Examples
Our clients see great success after the deployment of Origin.
LK Bennett calculate a weekly saving of up to 20 admin hours when using our PIM, Origin. This doesn’t account for the additional time saved when completing other product management tasks.
Crew Clothing estimate that product creation is now 50% faster than before Origin, and new channel partner implementations are 60% faster. Channel partner product feeds are also 30% faster.
Reiss has found that Origin has transformed the way the business manages their price change activity. Clear process and visibility allow their multiple channels to be managed efficiently and accurately.
But Origin doesn’t just bring advantages to retailers themselves. Effective product data management also benefits their shoppers. Part 2 of this blogpost coming soon!
>> Get in touch! Email info@retail247.com for more information about Origin <<
