B2B & B2C Product Management: The Solution is PIM
Do you know the difference between B2B and B2C eCommerce? The two models aren’t as black and white as you’d think. In fact, you’d be...
July 26, 2022
When buying a PIM, you want one that fits your specific business requirements. It’s also important to consider your future goals to ensure your chosen solution will help you achieve and exceed them. The two main types of Product Information Management (PIM) solutions out there are Software as a Service (SaaS) PIM and Open-Source PIM.
While both enable you to efficiently manage your product content and ensure data quality, there are some distinct differences. We’ll outline these differences in this blog to help you make the right choice, so read on!
Open-source systems are released under a license, and the copyright holder will then give users the ability to use, amend, and distribute the source code. Often, the source code will be publicly available online, meaning users can tailor it to meet their specific business requirements. Overall, open-source PIM systems will streamline the way you manage product data, just like any other PIM.
A SaaS PIM application’s source code is closed and is often a ready-made solution that’s instantly ready to get up and running. It’s a subscription-based model, so customers have ongoing access to training and support from a dedicated team of PIM experts. The implementation process is flexible and will often be tailored to work around your setup to ensure business continuity. Because there’s a dedicated team of developers working on SaaS PIM solutions, there’ll be frequent updates and improvements that you’ll benefit from.
Whether you opt for SaaS-based PIM or open-source PIM, there are some key considerations you’ll have to think about.
Firstly, how quickly do you want to get your PIM project up and running? The sooner you’re set-up, the sooner you’ll be able to start listing online. If this is the case, and if you lack a dedicated dev team, your best option would be a SaaS solution.
Secondly, how much do you want to invest? While open-source software is usually free, there’s an inherent long-term cost that’s higher than SaaS. Consider the technical resources and hardware you’ll to run the software and host the infrastructure.
In addition, as your eCommerce operations grow, you’ll have increased traffic on your LAN/WAN network. To deliver the best possible customer experience, you’ll need to ensure you’re updating on a regular basis so your site speed isn’t slowed.
SaaS PIM offers amazing value because it doesn’t come with any additional fees. Maintenance, integration, and hardware costs are all included in the initial purchase. Upgrades are also released instantly, ensuring you get the most up-to-date version of the software.
SaaS PIM is a super efficient data management tool that provides great potential for eCommerce growth as it makes it easy to sell across multiple channels and geographies. Overall, it’s a system that gives you the freedom to be creative with your product data which will contribute to more sales. In that regard, the benefits of SaaS PIM are truly limitless.
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