There are different systems that can help with the management of business products, assets, and sales more efficiently and effectively. PIM (Product Information Management) and DAM (Digital Asset Management) software are some of those systems. Therefore, in today’s article, we want to talk more about those two and compare them a bit with POS to make sure you understand the differences between all three and have better strategic business planning. So, let’s dive into the depths of Product Information Management, Digital Asset Management, and Point-of-Sale systems.

The intention of every business to make its customers' experience as enjoyable as possible takes many forms following the current state of technology. Today, you won't surprise anybody with AI chatbots helping customers understand how a particular product or service works. They're available 24/7, have instant access to the company knowledge database, and can analyze user input accurately and quickly. However, sometimes, nothing replaces live communication with a real person.

E-commerce is a very challenging and competitive environment with continuously changing technologies. Buying and selling goods on the Internet refers to a wide variety of systems, data, and tools, such as online payment encryption, mobile shopping, and more. According to Statista, retail e-commerce sales are going to grow by 50% over the next 4 years.