Most Important Developments in PIM | Best PIM Systems1.8 billion people made purchases online in 2018, according to Statistica. The rise of eCommerce has spread over multiple industries from healthcare to tourism. As a result, online retailers have revamped their offerings to appeal more effectively to their target market. Not only do they need to align their products and services to the needs of diverse and demanding customers, but they also have to revamp their platforms to sustain a strong brand image. PIM — Product Information Management — has become a key trend in global eCommerce. At the epicenter of product management (supply chain and customer website), the development of the PIM industry over the last years has dramatically changed. Now the PIM market has reached new heights as global merchants are embracing innovative new PIM solutions for their market.
The PIM industry at a glanceThe PIM industry is expected to reach $15.8 Billion by 2021. So why is PIM so hot right now? The PIM industry has grown exponentially at the same time as eCommerce. Most retailers benefit from a PIM solution in the following areas:
- Integrating state-of-the-art technology to manage product data consistently
- Engaging with global and local customers
- Staying ahead of the competition with innovative technology
Most innovative developments in PIM
- Multi-channel integrations with top eCommerce innovators
- Streamline all processes from inventory to online marketplaces
- High customization and customer-centric solutions
Wrap up: the Best in global eCommerce with PIM SystemsActors like Jasper PIM strive to provide innovative solutions for retailers of all sizes. With PIM Lite, PIM Plus, and PIM Enterprise, global marketplaces can choose their favorite solution, relevant to their online strategy and market. Entrepreneurs can succeed with higher conversions, sales, and customer retention. The next challenge for the PIM industry is to engage with the growing potential of AI and create even more tailor made applications for global retailers to strive even further in their relevant industry. Consult Jasper PIM’s best systems, and request a demo today. Feel free to visit us on Facebook, LinkedIn, and Twitter.