What Are Examples of Digital Management Software?
by Michelle Lawrence | Last Updated: Sep 19, 2023
by Michelle Lawrence | Last Updated: Sep 19, 2023
Does it take a long time to find the right image you need to use for a product catalog?
Is it frustrating when you find out an outdated video is being circulated to potential customers?
Do team members have a hard time finding the correct owner’s manual or user guide to provide to their customers?
All of these frustrations are the results of not having a centralized place for a brand to manage and organize its digital assets.
That’s why you need to invest in digital management software.
Digital Asset Management (DAM) software is a comprehensive solution designed to help organizations store, organize, manage, retrieve, and distribute their digital assets efficiently.
Digital assets encompass a wide range of media files, including images, videos, audio, documents, and more. Digital Asset Management tools are essential for streamlining the management of these digital resources throughout their lifecycle, from creation and organization to distribution and archiving.
A Digital Asset Management system is necessary in a manufacturer’s MarTech stack.
Here are just some of the benefits associated with DAM software:
Single Source of Truth - A centralized location for managing digital assets across the business with a DAM solution that makes sure employees are only using the most accurate and approved digital assets within your brand’s digital experiences.
Tagging - DAM software often comes with the ability to tag digital assets to make it easier to find the assets you need.
Searchable - You can quickly find specific images, videos, or documents to include in your digital experiences by typing in the name of the asset you’re looking for in the search bar.
Brand Portals - Provide other users with a brand portal to your brand's digital asset management system so they can access your selection of digital assets.
Increased Productivity - With the tagging and search functionalities mentioned above, assets can be quickly retrieved without the need for manual searching, resulting in less time spent conducting manual searches and creating duplicate assets.
Brand Consistency - You can be sure only approved documents, logos, product images, and videos can be circulated by team members by having one place where these assets are stored.
Now that you know just how crucial Digital Asset Management software solutions are to manufacturers, let’s take a look at some digital asset management companies your business can choose to partner with.
Lumavate - Lumavate is more than just a DAM solution, it’s a Product Experience Management ( PXM) platform that is purpose-built for manufacturers to help them centralize digital assets, product information, and digital experiences.
Brandfolder - Brandfolder is a digital asset management platform that enables companies to effectively organize their digital assets
Bynder - Bynder is a digital asset management platform that tends to receive feedback from customers that it is an expensive solution.
Adobe DAM - Adobe's Digital Asset Management solution allows individuals and businesses to organize and manage images, videos, audio, and more. That being said, Adobe is not a PXM purpose-built for manufacturers and leaves gaps in functionality for this industry.
So, after looking at this list, what is the best digital asset management software?
Lumavate is the best digital asset management tool because it has more than just the ability to help manufacturers manage their digital assets. With each of our pricing plans, you’ll get access to our Product Information Management (PIM) solution, Digital Experience Platform (DXP), and our DAM solution.
Each digital asset company structures its pricing differently based on its functionality.
If you visit Brandfolder or Bynder’s pricing pages, you’ll notice their pricing is not available. If you want to learn more about how much their DAM solution costs, you’ll need to request more information or schedule a time to meet with their team. Adobe’s pricing structure is historically expensive and comes with a long timeline to get started.
We believe pricing should be transparent. That’s why we include all of our pricing information directly on our website without gating it through sales or requesting a demo.
Lumavate is 75 percent more cost-effective compared to other DAM solutions on the market.
Our pricing plans include:
Starter - $499 per month
Growth - $999 per month
Enterprise - $4999 per month
With Lumavate, manufacturers don’t have to invest in multiple solutions to carry out their product experience strategy. Everything is housed under one platform to make it easier for marketers to manage their brand’s product information, digital assets, and digital experiences.
Get Started with Lumavate
Ready to centralize your product information and digital assets? Schedule a demo with one of our product experts and we’ll show you how easy using Lumavate is to deliver engaging digital product experiences for your customers.