role of product content management in an omnichannel customer experience
TRANSCRIPT
4 Copyright © Capgemini 2014. All Rights Reserved
Question 1: PCM Requirement Trends Driving Consumer Experience and Interaction
1. Support Omnichannel experience and interaction a) New channels requires other content (types);
b) Same brand experience through different channels;
c) Managing different content streams through different channels.
2. Operational Excellence and Cost savings a) Managing the end to end content production process by workflows;
b) Less spend on (re)creation of unstructured content (images, text);
c) Inhousing of DTP processes and creation of brochures.
3. Avoiding legal claims and compliancy a) Annual growth of legal cliams up to 300% per year in Retail;
b) Average claim costs +- € 75K
c) All product content should be compliant with regulation, purchase and internal audit.
• Shift to omni-channel focus (digital channels)
– New channels require new content
– Can’t predict channels
• More personalization
– More content variety
– More targeted (probably what you want, not necessarily your consumers)
• Maximizing return on marketing spend
– Content production, management and distribution is expensive
– Effective workflows
– Reuse where possible
– Analytics
5
PCM Requirement Trends Driving Consumer Experience and Interaction
QUESTION 1
• Enterprise Solution not Point solution
– Enterprise Architecture and Flexibility (a derived requirement)
– Manage multiple brands, markets and business units (specifically a challenge for vertically integrated enterprises)
• Manage ALL content types
– Collaboration
– Product and asset licensing
• User adoption. Users are inherently creative people. Don’t like systems too much:
– Multiple context specific UI/UX
– Powerful, yet simple workflows
– Flexibility and speed
Top 3 strategies driving requirements
The type of requirements we see are largely
derived
from the customer’s PIM/DAM “maturity”
6
PCM Requirement Trends Driving Consumer Experience and Interaction
QUESTION 1
Focus areas
• Taxonomy
– Metadata consolidation
– What is the starting point?
– Mapping from various folder structures / systems?
– Supports all business units?
– Supports all channels?
• Content production
– Workflows (from free-form to structure)
– Effective tools and Uis
– Automation
• Content Creators
– Think about this user group. Key to ensure system adoption.
– Your consumers are content creators too
Centralized Repository, Rights Management, Tracking, Unification (meta data consolidation, Taxonomy)
Corp marketing, workflows, processes, design production
Consumer marketing (ecom, digital, Amazon, Social, retail, print
This is not a step-by-step
process, but illustrates level
of “maturity”
QUESTION 2
• Unfortunately… there doesn’t seem to be airtight industry
definitions effectively separating these terms – we’ll offer the
following definitions:
– MDM. No Contest. Structured data. Facts. A set of processes,
tools and technology for managing and controlling the Master
Data Record.
– PIM. Centralized repository aggregating all product information to
single product instances. Market(ing) specific classification.
– PCM. Includes unstructured information. End-user information.
Focus on channel distribution. Can be PIM.
PIM vs PCM vs MDM
8
9 Copyright © Capgemini 2014. All Rights Reserved
Question 2: main differences between PIM, PCM and MDM
Master Data Management (MDM) provides a set of procedures, agreements, information definitions and a Governance model for managing all Master Data. Preferable formalized in a Information Strategy, mostly highly structured and supported by a MDM-tool.
Product Information Management (PIM) covers all structured data related to a product, which is additional to the Master Data. Sometimes created in an ERP-tool, most of the times in MS Excel and preferable in a PIM-tool.
Product Content Management (PCM) covers both structured and unstructured product data. Most of the time combinations of PIM and Digital Asset Management (DAM), like ADAM. Also supports workflows, contentflows and (end) user information.
11 Copyright © Capgemini 2014. All Rights Reserved
Question 3: PCM solutions and an engaging customer journey
PCM solutions provides during the Customer Journey:
- A single truth of product content and data;
- Always the latest version of product content and data;
- A single brand or product experience;
- Targeted content at the right time and the right place;
- The perfect presentation of the product content at the digital touch points.
Product Content Management is crucial in order to engage and create the best Customer Experience. Enterprises without PCM are not in control; content must be managed by you and not be managed by the Crowd.
• Device agnostic
• Device specific Content
Availability
• IP, cookies, patterns
• Fresh and updated Content
Relevancy
• Leverage existing data
• Preferences
Content Personalization
12
PCM’s Role in the Engaging Consumer Journey
QUESTION 3
• Goal is to capture complete
content feedback loop to
drive decisions. Includes
UGC (reviews), social
listening.
• PCM is the architectural
component or process that
allows bundling content for a
channel (or consumer) in
context of products
• Single central source
• PCM can enable local
business/market/brand need
3 main themes for engaging consumers
Access our PCM resources
www.adamsoftware.net
@ADAMSoftware
www.youtube.com/AdamSoftware