Lumavate’s Blog on Product Experience Management (PXM)

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Feb 15, 2024

What Are the Benefits of Digital Assets?

Digital assets are essential for almost every business. For manufacturers, digital assets include product images, how-to videos, owner's manuals, and more.

Code representing the importance of first party data

Feb 14, 2024

What Is a Master Data Management Tool?

A Master Data Management (MDM) tools allows you to have a single view of all master data across the business. MDM tools are most needed in large enterprises.

Feb 13, 2024

Do I Need a Digital Asset Management System?

Every company creates digital assets and needs an easy way to effectively manage these digital assets. That's where a Digital Asset Management system comes in.

Feb 12, 2024

What Is Master Data Management Framework?

Master data management framework is the process of implementing and managing master data management within a business. Learn more about implementing MDM.

Feb 12, 2024

Why Do I Need a PIM?

Without a Product Information Management (PIM) solution, companies are highly-likely to have product data stored in multiple locations and inaccurate data.

Person working on a laptop in a manufacturing facility

Feb 11, 2024

What Is an Example of Master Data Management?

Master Data Management (MDM) tools are used to provide an enterprise with a single view of all master data across the business. Learn more about MDM solutions.

Holding money and reflecting on the cost of a landing page

Feb 11, 2024

How Much Do Digital Asset Management Systems Cost?

The cost of a Digital Asset Management (DAM) tool can range from a thousand dollars annually to $250k+. Learn how to find a DAM that fits your budget.

Feb 10, 2024

What Does PIM Stand For in Business?

Every manufacturer needs a Product Information Management (PIM) to centralize product data and product-related digital assets. A PIM is a cruical business tool.

Team at the drawing board developing a marketing strategy

Feb 9, 2024

What Are the 3 Major Areas of Product Management?

Three key areas of product management are product discovery, planning, and development. Learn more about each area and the role they play in launching products.

Woman in hardhat on a tablet in a manufacturing facility

Feb 8, 2024

What Is the Difference Between MDM and PIM?

Learn how Master Data Management and Product Information Management both involve the centralization of product data but serve very different purposes.

Women looking over printed documents while having a laptop nearby

Feb 7, 2024

What Does a PIM Manager Do?

A Product Information Manager (PIM) Manager is the person responsible for managing all product information for a business and is the owner of a PIM solution.

Feb 6, 2024

What Is the Best DAM Software?

There are countless Digital Asset Management (DAM) solutions available with varying functionality. For most manufacturers, the best DAM solution is Lumavate.

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