PIM vs. DAM: Key differences and why your brand needs both
October 16, 2024
|Key highlights
- A PIM platform contains product data. A DAM platform contains digital brand assets.
- PIM solutions are typically used by product teams. DAM solutions are primarily marketing tools.
- PIM software ensures product data consistency. DAM software ensures brand consistency.
For any retail or e-commerce business, staying ahead of the competition with compelling visuals and accurate product information is crucial. But navigating a sea of product specifications, images, pricing, marketing content, and more is anything but easy. That’s where technology solutions like “product information management” (PIM) platforms and “digital asset management” (DAM) platforms come into play.
So, what do these systems do exactly? And what are the advantages of PIM vs. DAM platforms?
We’ll walk you through the basic differences between DAM and PIM solutions, so you can see why both are essential for successful, streamlined digital commerce.
What’s the difference between PIM vs. DAM?
PIM stands for product information management. PIM systems organize all the information about each product that a company makes or sells. DAM stands for digital asset management. DAM platforms organize and distribute a brand’s digital files, like product images and marketing content. Both platforms improve consistency and operational efficiency, helping companies achieve better business outcomes.
Let’s dive a little deeper into the PIM vs. DAM distinction and how each of these essential systems fits into the digital commerce landscape.
What’s a PIM solution?
A PIM platform is a single source of truth for information about the products a company sells. It collects, manages, and distributes product information to retail channels of all kinds. Product information includes SKUs, product specs, pricing details, product descriptions, shipping information, and more.
PIM systems ensure that the product details a company shares across its online shops, websites, and other sales and marketing channels are always up-to-date and consistent.
Typically, the information in a PIM platform is managed by a company’s product team or product marketing team. With a PIM platform, everyone at the company has on-demand access to accurate product information.
What are the benefits of PIM software?
- PIM software creates a single source of truth for product information and streamlines the delivery of product data to e-commerce channels such as Shopify, Amazon, and other retailers.
- PIM solutions ensure product data accuracy and consistency, minimizing errors and manual data entry.
- PIM solutions are purpose-built to make product information management easy by eliminating cumbersome and confusing spreadsheets.
- PIM software includes customizable user permissions features that allow internal or external stakeholders to self-serve key product information.
What’s a DAM platform?
DAM platforms help teams organize, manage, and share digital brand content. The digital assets managed by DAM systems include product images and videos, but also other brand content like logos, marketing materials, graphics, brand imagery, and any relevant “metadata.”
Marketing departments use DAM platforms to give employees and external partners on-demand access to the content they need to promote brands and their products. Thanks to digital asset management workflows and integrations with other marketing tools, DAM platforms have become the center of many brands’ marketing tech stack, serving as a hub for all brand content.
What are the benefits of DAM software?
The benefits of digital asset management go beyond simply organizing brand assets. Here are the top benefits you can expect from using DAM software:
- Acts as a centralized digital asset organization system, minimizing time spent managing assets.
- Facilitates internal and external collaboration to streamline project timelines.
- Maximizes content value through enhanced library searchability and easy organization.
- Integrates with third-party applications like Canva, Adobe Creative Suite, and Figma.
- Provides data-driven insights into asset usage.
- Enhances brand consistency and protects brand assets from misuse with access controls and granular permissions for individual users and groups.
Do I need a PIM and a DAM solution?
If your company sells products, then the short answer is yes! Because PIM platforms manage product data and DAM platforms handle digital assets, most brands benefit from using both a PIM and DAM.
Imagine a scenario where you’re launching a new product. For a successful rollout, people across the company need access to the same up-to-date information about that product at the same time. Retailers will also rely on this information to accurately portray your products to the world, so the information needs to be accurate and shareable. This is PIM software’s time to shine.
But you can’t sell a product on the strength of information alone. You’ll also need stunning, on-brand visuals. A DAM platform contains all the images and videos your marketing team, sales reps, and retail partners need for a successful launch.
While some PIM systems can also store product images, they don’t have the full range of essential features you can expect from a dedicated DAM solution, like AI-powered search, content distribution tools, video compatibility, or review and approval workflows.
How PIM and DAM improve business outcomes
PIM and DAM solutions allow companies to work more efficiently, creating outstanding digital experiences at scale. Overall, that means more revenue for less effort, increasing the ROI of investments in product development and marketing.
Here’s how:
1. Faster time to market
When bringing new products to market, time is of the essence. PIM and DAM software streamline every step of the process. Product managers distribute accurate, up-to-date, properly formatted product information to everyone who needs it, and marketers can do the same with product images and brand assets.
Nowhere is accelerating products to market more essential than in the retail and digital commerce sectors. Some DAM platforms have specially built tools — like Canto’s Media Delivery Cloud — for getting product images live across multiple websites and e-commerce platforms at once.
When product releases run like clockwork, brands gain a competitive edge, beating competitors to market and generating more revenue.
2. Better brand consistency
A DAM platform makes it possible to create an on-brand presence at a global scale, whether your collateral’s crafted by in-house creatives, freelancers, or agencies. When you use a DAM platform, content creators in different regions draw from the same collection of pre-approved product images and brand assets, ensuring a unified look across every touchpoint. Why are DAM platforms so effective at enhancing brand consistency? Because, beyond their organizational abilities, they include features like style guides, approval workflows, and content controls to give you a leg up on managing your brand identity.
When brands also rely on a PIM system, they can publish consistent and accurate product information to retail channels, building up customer trust and further strengthening brand credibility. Using both systems makes it easy to maintain an accurate, on-brand, and cohesive presence in the market.
3. Outstanding customer journeys
Customers expect an engaging and interactive buying journey. PIM and DAM systems make that possible. More efficient workflows enable marketers to adapt creative content and messaging to target specific personas or customer groups more effectively.
Customers get a satisfying experience across every touchpoint — from visuals that resonate to accurate and consistent product specs and descriptions. Plus, marketers can more easily craft campaigns that deliver exactly what a customer wants to see at a specific point in their journey.
4. Greater overall efficiency
PIM and DAM systems streamline manual processes and make important content accessible. As a result, teams across the company work more efficiently, spending less time on tedious low-value tasks and more time on heavy-hitting projects that drive brand goals forward.
With dedicated platforms to organize, find, and share your content and related product data, you can achieve more with less. Increasing content output without expanding your team or investing more in agency work suddenly becomes possible.
5. Improved content ROI
Brand content such as product descriptions and marketing images require investments of both time and money. While your brand may have fine-tuned the content associated with each of your products, are you sure that it’s being fully utilized? Does your sales team have access to the correct product images? Are your products listed with the correct descriptions and specs on retailer websites?
DAM and PIM platforms help squeeze more value out of every piece of content that you create. DAM software’s search capabilities means that visual content is more likely to be found and used. New content can circulate faster and further across your channels. And old content continues to contribute value, resurfacing in fresh campaigns rather than languishing in forgotten folders.
6. Efficient scalability
DAM and PIM platforms transform content workflows with scalable tools for managing brand content and product data. By centralizing your digital content, product data, and connecting your content ecosystem, you can smoothly scale your team’s effectiveness, content production, and even enter new markets more easily.
Canto is the industry-leading DAM platform for digital commerce
While combining a PIM and DAM is the gold standard, if you’re learning about these solutions for the first time, are a growing brand, or are unsure where to start, adopting a DAM platform can be a simpler first step. That’s because all brands—even those without products—can benefit from the features of a DAM platform.
Canto’s digital asset management platform helps brands organize, find, and distribute their digital content efficiently. This includes everything you need to simplify your content workflows, enhance your team’s productivity, and create revenue-generating customer experiences at scale. Here are some of the features available with Canto’s DAM:
- Smart Tags and text recognition to enhance digital content metadata
- AI Visual Search and facial recognition to enhance searchability
- Workflows, Style Guides, DRM, and content controls to manage and collaborate effectively
- Unlimited Portals, share links, and Media Delivery Cloud to expedite content delivery to teams and platforms
Ready to learn more about digital asset management? Download Canto’s free Beginner’s Guide to Digital Asset Management today.
PIM vs. DAM frequently asked questions
Why use a PIM-DAM solution?
PIM platforms are designed to help companies organize product data, such as item descriptions, SKUs, warranty information, and pricing. The benefits of a PIM platform include:
- A single source of truth for correct product information.
- Consistent product data across all channels.
- Improved productivity and efficiency.
DAM is important because it makes it easier to store, organize, and share digital assets like photos, graphics, and videos. The benefits of using a DAM platform include:
- A single library to manage all digital content.
- Improved asset control and accessibility.
- Simplified collaboration between team members.
Is my business a good fit for PIM and DAM?
If you sell products online, yes! Your business will benefit from using both a PIM and DAM solution. A PIM will ensure product data consistency, while DAM enables marketing teams to maintain brand consistency across different channels.
Do PIM and DAM solutions integrate with external platforms?
Any comprehensive PIM and DAM solution will have the ability to integrate with a wide variety of external platforms. Popular DAM integrations include creative tools such as Canva, Adobe, and Figma while PIM platforms often integrate with e-commerce tools such as Shopify and Amazon.