August 22, 2024

The Benefits of Centralizing Product Data - Part One

In Part One of this blog series, we look at why many businesses prioritize the successful management and distribution of their product data. With a composable PIM solution, brands are able centralize their product information and ensure its accuracy and quality across all channels.

In the second part of this blog, HawkSearch’s Kristen Siciliano dives further into how maintaining a single source-of-truth for all of your product data (including images) can improve searchability through AI-powered intelligence.

Why Should Brands Centralize Product Data?

It’s difficult to easily answer such a broad question. So, we broke it down into a few more specific questions to touch on some more acute pains.

1) What is data centralization?

Centralization, in terms of product information, is bringing data from siloed sources into one single source-of-truth.

Siloed data refers to information stored in isolated systems or formats, making it difficult to access, share, or analyze across an organization. For retailers and distributors, this can be particularly problematic, as it leads to inefficiencies, errors, and missed opportunities. "Islands of information" often exist in PDFs, spreadsheets, or other disparate locations, creating challenges in maintaining consistent and accurate product data.

These fragmented data sources hinder effective decision-making and can slow down operations. Fortunately, solutions like Product Information Management (PIM) systems centralize and streamline data, allowing businesses to manage their information efficiently from one place.

2) The benefits of centralizing product data  

Centralizing product data offers numerous benefits for businesses. A single reliable data source ensures consistency and accuracy across all channels, reducing errors and saving time. This centralized approach makes it easier to expand product ranges, as new items can be added and updated efficiently.

It also enables businesses to reach new marketplaces by providing a unified platform for managing product information across different regions or platforms. Furthermore, maintaining accurate and consistent data helps build customer trust, as customers can rely on the information they see, leading to higher satisfaction and loyalty.

Centralized product data is key to streamlined operations and business growth.

How a PIM Centralizes Product Data

Here, we look at how a product information management solution, or PIM, centralizes product data for increased revenue, better customer experience, and optimized searchability.

PIM as a single source-of-truth

A modern, composable Product Information Management (PIM) solution offers unparalleled flexibility and scalability compared to legacy PIMs. Unlike traditional systems, which are often monolithic and rigid, composable PIMs allow businesses to tailor and integrate various components based on their specific needs.

This modular approach enables seamless integration with other digital systems, faster deployment, and easier updates. It also supports omnichannel strategies, ensuring consistent product information across all touchpoints.

Composable PIMs are designed to adapt and grow with your business, offering a future-proof solution that evolves as your requirements change, setting them apart from older, less flexible PIM systems.

The benefits of a composable PIM

A composable PIM is essential for maximizing centralized data because it seamlessly integrates with other platforms like ERP and eCommerce systems. This integration ensures consistent, reliable data across all channels, which is crucial for maintaining operational efficiency and delivering a unified customer experience.

Additionally, a composable PIM supports optimized search engine performance (SEO) by ensuring accurate and up-to-date product information is readily available, improving visibility and search rankings. By being adaptable and easily integrated, a composable PIM ensures your data works harmoniously across your entire digital ecosystem.

How Pimberly Centralizes Product Data and Images

Pimberly’s Hybrid PIM/DAM Architecture

Pimberly, a modern SaaS-based PIM platform, not only centralizes product data but also houses digital assets like images, videos, and other multimedia, all within a single platform. This integration ensures that your product information and visual content are always in sync, simplifying content management.

In addition, Pimberly can auto-generate digital assets, streamlining the creation process and ensuring consistency across all channels. By combining product data with digital assets, Pimberly enables businesses to deliver a rich, engaging customer experience while maintaining efficiency and accuracy in managing their digital content.

AI-Powered Image Recognition

Pimberly’s AI-powered image recognition is a powerful feature that demonstrates the potential unlocked when data is centralized. By storing product data and digital assets in one place, Pimberly's AI can efficiently analyze images, automatically tagging and categorizing them based on visual characteristics.

This not only speeds up asset management but also ensures greater accuracy and consistency across your product catalog. The AI functionality highlights how having all your data in one platform can drive innovation, streamline processes, and enhance overall efficiency, making it easier to manage and optimize your digital assets in real-time.

How Centralization Improves Your SEO Strategy

Pimberly’s centralization of product attributes gives you a competitive edge in SEO, ensuring that every detail tied to your products enhances visibility in search results. Whether it’s a specific feature or a unique attribute, Pimberly ensures that customers can find your products easily, no matter how detailed their search criteria. This level of precision in searchability not only improves customer experience but also drives traffic and conversions.

HawkSearch, as a trusted partner of Pimberly, is a powerful search and recommendation engine designed to enhance user engagement and boost sales. Many top retailers leverage HawkSearch to further optimize search results and deliver personalized recommendations.

Read Part Two of this blog series.

Pimberly PIM - the leading enterprise Product Information Management platform.

Latest blog posts