Fight Holiday Returns with PIM - EnterWorks. By Kerry Young on Jan 11, 2021 $70.5 billion in holiday returns?
PIM may be your best defense. Holiday eCommerce sales exploded this year, with a 35% predicted boost year over year. The surge in online shopping presents new challenges for retailers—the biggest of which may be retail returns. New data from CBRE shows consumers will return as much as $70.5 billion in holiday purchases—a jump of 73%. Fight Returns with Product Information Management (PIM) Incorrect or incomplete product details are the root cause for many returns—whether on your website, search engine results, a marketplace, or other retailer sites.
A PIM platform helps merchants compile, cleanse, and govern product data through a single, centralized hub. Give Buyers the Full Product Experience In addition to accurate and complete information on the product page, online merchants have another weapon in their arsenal – digital assets. Automate and Audit Another issue is that, even with PIM, product data issues can pop up. PIM Solution- Few Vital PIM Practices which Assist Companies Manage Their Data Correctly. If you are in any sort of business then, you have gigantic indispensable product information hanging out to be overseen at your association.
Truth be told, you conceivably have huge imperative information in a few better places and channels over the organization both inner and outside. What your organization may need here are the best PIM solutions which could enable you to achieve the majority of that information and investigate it. Doing that can give you a sparkle of understanding which can push your business straight into a fresh out of the box new market, or send benefits transcending high past every one of the desires. Be that as it may, what and where, is all the data which is important to your business? Do you have the entrance to it at whatever point required? Indeed, the unavoidable issue here is that-Is your product information all set to help the business investigation? Explore the Few Effective PIM Practices That Assist Companies Manage Data Suitably: How Using an Integrated Customer Master Data Management Solution Benefit Your Business Growth?
How to Integrate Project Management Solutions With Advanced Digital Asset Management Solutions While Building One? Get Fully Featured Digital Asset Management Solution by EnterWorks. PIM and MDM Software Solutions by EnterWorks. Engage 2020 – Insights from 5th Annual Multi-Domain MDM Users Conference. By Kerry Young on Dec 7, 2020 Have we mentioned we have the best user community in the Multi-Domain MDM space?
They proved it once again at ENGAGE 2020. While things may have looked a little different this year, the ENGAGE Online Virtual User Conference delivered on our theme to “Connect & Collaborate” even in a socially distant world. Because of the virtual format, we even saw an extended number of customer teams worldwide who might not normally have paid airfare and hotel expenses for an onsite event.
The event’s accessibility translated to a threefold increase in registrants! Here’s a quick recap of the highlights, as we brought together the global EnterWorks ecosystem for three days of digital learning, networking, and collaboration. Engage 2020 Highlights Keynotes that motivated and inspired. Thank you to all our customers, partners, prospects, team members, and special guests for another successful user conference! A Quick Glance at the Future of Digital Asset Management (DAM) in 2021.
The corona virus outbreak has made cloud technology the top priority for several companies and around 40% of businesses are now accelerating their shift towards the cloud.
But even in 2020, digital asset management solution has gained drive as a primary aspect of digital transformation. Digital asset management systems have already been assisting businesses to collaborate and work more efficiently in all business vicinities. Advanced digital asset management tools providers have to find new DAM solutions for the challenges generated by corona virus outbreak. Advanced digital asset management systems are striking to digital marketers, web designers and other content creators as they give a simple approach to store, create and customize digital assets. But for managing all possible use-case the new-age digital asset management vendors will often introduce several features that the solution gets very complex to use. Closely Understanding the Future of Digital Asset Management (DAM) in 2021:
Why You Need a Product Data Syndication Strategy. By Kerry Young on Nov 16, 2020 Retail eCommerce has exploded in 2020.
Now, as we approach the holiday season, it’s never been more critical to capture every potential online sale. For many, this will be a challenge. Especially if businesses don’t have a rock-solid product data syndication (PDS) strategy in place. In a recent webinar presented by our partner, Venzee, we talked about the importance of PDS and the impact it can have on speed-to-market, efficiency, and ultimately… your bottom line. Use Data Governance Tools by EnterWorks. EnterWorks Enable MDM with Data Governance tools helps to define levels of data quality that must be achieved, plan for the implementation of those policies, and monitor the success of each policy through a centralized approach to ensure accountability and reduce the likelihood of errors.
This level of control enables companies to transform data into insights to drive better decision-making and long-term transformation. Visit or call us at 888-242-8356 to know more about our data governance tools. EnterWorks Enable MDM with Data Governance tools helps to define levels of data quality that must be achieved, plan for the implementation of those policies, and monitor the success of each policy through a centralized approach to ensure accountability and reduce the likelihood of errors. Get Effective Product Information Management Software by EnterWorks. Fruitful Vendor Portal Software Management Strategies to Reinforce Your New-Age Businesses. Right management of your vendor portal software enables the new-age companies to establish a strong and lasting relationship with their suppliers and service providers which will further reinforce both businesses.
Vendor portal software management is not just about compressing your vendors for the most affordable price possible. The process of vendor portal software management encompasses the back-and-forth of a flourishing relationship, so that both the supplier and buyer can reap advantages from it. The process must be structured in a way that it is a win-win situation for both sides. Below explained insightful vendor portal software management strategies that will help in reinforcing your new-age businesses! Black Friday 2020 Arrives Early – Get Your Product Data Ready with PIM.
By Kerry Young on Nov 6, 2020 2020 has been a year of adjustments for retailers, and this holiday season is no exception.
With pandemic-weary shoppers avoiding big crowds, retailers are shifting their Black Friday strategy to embrace multiple rounds of eCommerce sales, starting earlier than ever. To succeed this holiday season, where eCommerce plays a critical role, retailers must get their product data in order with Product Information Management (PIM). A New Black Friday Strategy Every year during the holidays, retailers look for creative ways to outpace fierce competition.
Recently, Walmart announced a reversal from last year. Important Data Governance MDM and Best Privacy Strategies to Lower Risk and Drive More Value. The new-age business leaders have been always under pressure to discover more value from their enterprise data.
Certainly, the most valuable insights often come from making use of data that is valuable in itself, giving a target for exploitations internally and prospective infiltration to bad actors, if not administered correctly through data governance tools. Keeping your data safe and apt in its use without breaking the consumer and data owner trust is usually, the key blocker while approving the digital transformation plans to move ahead. A Step-By-Step Guide to Ensure and Enhance Product Data Quality through MDM Tools in 2020 & Beyond. Get Excited for Engage Online 2020 – EnterWorks.
By Kerry Young on Oct 19, 2020 We’ve had to social distance this year, but it hasn’t slowed us down.
Our “Everything MDM and PIM” webinar series was a huge hit with attendees, and we expect the same enthusiasm with our annual Engage User Conference, coming up next month. Winshuttle EnterWorks will present Engage 2020 as a virtual live event, November 9-11. This year’s theme is Connect & Collaborate, and we’re thrilled to bring together users from across the country and around the world. Engage is designed to create a sense of community and camaraderie among attendees and promote collaboration and sharing. So, take a look at what’s in store, and get excited for three days of insights and virtual fun! What’s on Your Bucket List? We’ll kick off the festivities Monday with our Keynote Speaker – New York Times Bestselling author and Co-founder of The Buried Life Movement, Ben Nemtin. Bringing Together Families for the First Time.
What’s the Difference Between an Asset Domain and DAM? By Kerry Young on Oct 23, 2020 The Master Data Management (MDM) world is full of acronyms. One acronym that turns heads is DAM, short for Digital Asset Management. But wait, isn’t there also an Asset Domain? The answer is yes – and while they sound similar, they describe two very distinct aspects of an MDM strategy. Let’s take a moment to clarify the difference between an Asset Domain and DAM, including how they each bring value to an MDM implementation.
What is DAM? Avail Effective Digital Asset Management Solution From EnterWorks. Avail Product Information Management Software by EnterWorks. PIM and iPaaS Go Together like Peanut Butter and Jelly. By Tom Williams on Sep 28, 2020 Partner Perspective by Tom Williams and Jonathan Currie of C2 According to a recent Adobe report, COVID-19 has massively accelerated eCommerce’s growth by 4 to 6 years. Total online spending in May 2020 hit $82.5 billion, up 77% year-over-year. As eCommerce has continued to increase, it has brought to light the most critical component of any eCommerce system or operation, a component that relies on the eCommerce system but functions independently.
What Can a Location Data Domain Do for You? By Kerry Young on Oct 9, 2020 Data is more connected and interdependent than ever before. For modern businesses, Multi-Domain MDM (Master Data Management) is not just a nice-to-have capability, but a necessity. And one domain that’s often overlooked is the Location Data Domain. Why is Location data so crucial? When you have multiple locations (stores, distribution centers, offices, branches, etc.), small gaps in data can create big problems. Connecting the Domain Dots To grasp the full value of the Location Data Domain, it’s important to understand the basics of Multi-Domain MDM.
Vital Factors that Helps you choose the Right Digital Asset Management Solution. The advanced digital asset management solution basically helps companies to store and manage your unorganized digital assets into a centralized, organized and searchable repository. Presently, customer loyalty is generally driven through the speed and accuracy of information being delivered, while business performance is directly impacted through customer experience. This doesn’t happen by chance; rather companies must be ready to make it happen. How Advanced Master Data Management Solutions Protects Your Company to get affected by Bad Data? The importance of data in new-age business world is just evolving with the constantly advancing technology. Data is the primary resource for any company process of new-age companies. Therefore, it is more important than ever to protect and optimize the use of product data through master data management solutions.
Master data is one of the most important assets for any company, because it contains essential company information which is shared and used across the company. Companies usually use substantial resources to ensure the quality of master data. But managing the master data is not that easy. Understanding the Business Value of Customer Master Data Management Solutions. Do you have any idea what your customers purchased from you in the previous month through customer master data management solutions? Cloud MDM: 3 Key Benefits for your Organization.
By Kerry Young on Sep 18, 2020. Healthcare Data: Taking a Pulse on Healthcare MDM. Get in Touch with EnterWorks for PIM and MDM Software Solutions. Get in Touch with EnterWorks for Digital Asset Management Solutions Sterling. Words of Wisdom from ‘The Data Whisperer’ A Step-By-Step Guide to Successful Customer Master Data Management Implementation. A lot of businesses struggle to make sure that their customer data is easy to find, updated, correct and shared just with the ones that actually need it. Maximum time of an analyst is consumed just on finding and preparing data, simultaneously find time to having avoidable data at hand makes it more difficult to locate the data that you do need. Primary Reasons behind Retailers Making Use of Advanced Product Information Management Software. Constantly changing retail models and buyer demands have placed unmatched pressure on the new-age retailers. In a super-competitive retail market, successful retailers know that each customer communication matters and there is absolutely no scope for mistakes and inconsistencies.
The advanced product information management software assists businesses fulfill this product experience necessarily through ensuring correct, consistent and persuasive content across all the channels. Avail MDM Software Solution by EnterWorks. Avail PIM Software Solution by EnterWorks. MDM Restaurant Solutions- The Most Important Factor in Food Manufacturing. Like any other industry, the food manufacturers have begun adapting a data-driven economy. With this shift, the new opportunities have opened its doors to reach new markets and higher profitability, and every restaurant owner wants to grab this opportunity. As per the latest stats, around 70% of food manufacturers have decided to amplify their investments in advanced mdm restaurant solutions. With this digital transformation, food manufacturers get the ability to monitor and record data in an extremely difficult supply chain.
After years of ineffective product management that were mostly powered by just Excel spreadsheets, the traditional and new food manufacturers now understand the requirement to reduce human mistakes out of the process and find more advanced technology to gather, share and monitor data to get better transparency across the supply chain. Best Practices for Manufacturing MDM - EnterWorks. By Kerry Young on Aug 14, 2020. Pivoting to a Consumer-Focused Strategy. By Mike Luthman on Aug 20, 2020 Partner Perspective By Mike Luthman, Managing Consultant, Product Solutions, Infoverity, Inc. We find ourselves in unprecedented times for both personal and business health. Companies are navigating in uncharted territory, needing to react quickly to the changing landscape of business operations and consumer spending. 3 PIM Best Practices for Distributors – Featuring Advice from Animal Supply.
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