PIM is used by businesses to address the challenges of managing large volumes of product information across multiple sales channels in an efficient, consistent, and accurate manner. It helps in centralizing product data, reducing manual data entry errors, and streamlining content updates, thereby saving time and resources. PIM systems enhance collaboration among teams, improve data quality, and support personalized marketing efforts. Additionally, PIM facilitates omnichannel retailing by ensuring consistent product information across all customer touchpoints, leading to better customer experiences, increased loyalty, and higher sales. Businesses leverage PIM to adapt to the dynamic e-commerce landscape and meet the evolving expectations of modern consumers.