E-commerce Dictionary
Not sure what a term means? Find plain-English definitions, real-world examples, and practical tips for PIM, product data, and all things e-commerce.
All Terms
Product Information Lifecycle
The Product Information Lifecycle (PIL) describes the entire journey of product data from creation and enrichment to publication, maintenance, and eventual archiving or retirement.
Product Information Structure
The logical organization and relationships of all product data elements within a PIM system, defining how information is stored and connected.
Product Launch Management
Product launch management is the comprehensive process of planning, coordinating, and executing all activities required to introduce a new product to the market.
Product Marketing Data
Product Marketing Data comprises all information specifically tailored to promote and sell a product, highlighting its benefits and features to target audiences. It is distinct from technical specifications and is optimized for engagement.
Product Optimization
Product optimization involves continuously refining product data, content, and attributes to improve performance across sales channels. This process enhances visibility, customer experience, and conversion rates.
Product Relationship Management
Product Relationship Management (PRM) defines and manages connections between products, like accessories, bundles, or alternatives, enhancing merchandising and sales.
Product Relationships
The connections and associations between products, such as upsells, cross-sells, and substitutes.
Product Retirement
Product retirement is the strategic process of discontinuing a product from sale and support. It involves managing inventory, customer communication, and data archival.
Product Sustainability Scoring
A quantitative method to measure and display the environmental and social impact of a product throughout its entire lifecycle using standardized metrics.
Product Taxonomy Classification
The process of organizing products into a logical hierarchy or structure based on their attributes and characteristics.
Product Variant
A product variant represents a specific iteration of a base product, differing by attributes like size, color, or material, each with its own SKU.
Product configuration
Product configuration allows customers to customize a product by selecting specific options, features, or components before purchase, creating a unique item that meets their exact needs.