Enterprise Resource Planning
Enterprise resource planning (ERP) systems are owned by the older, more serious and well-established layers of the organization. They are designed primarily to hold financial and logistical information. ERP platforms are generally unsuited to accommodate typical marketing information, such as commercial product benefits in 17 languages. And in the rare cases ERP systems are able to accommodate such information, a release cycle of 12 months is usually a poor match for a marketing organization that needs to respond swiftly to ever-changing conditions.
Nevertheless, with respect to best practices in master data flow, ERP is the origin and owner of some pieces of marketing content that must flow downstream to ultimately end up in a publication channel. Typically, you will want ERP to provide product structures (e.g., brands, product families, SKUs, organization of products in a catalog) and the availability of products to markets or retail customers.
Product Lifecycle Management
Product lifecycle management (PLM) systems support product development from R&D to industrialization, version management and changes to processes or specifications, down through the phase out. PLM systems are often smart, relatively complex systems that form the backbone of many of the industrial processes in product-oriented organizations. From a taxonomy and data model point of view, there is definitely something to be learned here. PLM systems usually have technical product specifications that we can leverage, including technical documentation.
Product Information Management or Product Content Management
Product information management (PIM) or product content management (PCM) is PLM’s smaller and more frivolous brother, and leans toward the marketing organization. Although it fills a very real need in product-oriented organizations, we’ve always felt that the DAM-PIM coupling was a very awkward and artificial thing—but more on that later.
Digital Asset Management
DAM is generally owned by the marketing organization, and the scope is roughly that it holds media files, including product images. DAM is one of the most mature, and therefore most valuable, repositories for marketing content in most organizations.
Marketing Resource Management
Marketing resource management (MRM) platforms, also known as campaign management platforms, are a special guest here. These platforms are generally used to support and measure the overall marketing cycle—from strategic planning around budgeting, media planning, creative, review, and annotation, to execution, dropping final materials into the DAM and measuring impact in the publication channels.
In reality, unfortunately, most implementations we encounter are poorly executed. At best, the MRM platform gives insight into the marketing calendar and brings some structure to the high-level process. But more often, we have seen clients use MRM platforms for small sub-processes such as regulatory approval or even creative review.
Even in an organization where processes are mature and implementation into the MRM platform is elegant, there is usually still a major element missing: the way content—both data and files and the associated metadata—is handled, stored and made available downstream.
Creative Review
Creative review tools cover the upload of drafts of creative artifacts such as layouts or video, and annotation, and commenting by stakeholders. This is a very useful and well-defined scope of purpose that lends itself perfectly to a subscription-based software-as-a-service (SaaS) offering.
This category is of particular interest because it is usually one of the first places where marketing departments go rogue—there are so many good and relatively affordable offerings out there that take away all the hassle with just a small investment. It allows marketers to become involved in all sorts of misbehavior, like avoiding capital expenditure (CAPEX) procedures and investment freezes, and not going through the IT department for procurement.
Agency
Agencies are, for a number of clients, an important and surprising source of master data. In our experience, some—though not all—agencies are better organized than their clients. Those agencies tend to keep track of the marketing content they create or apply and store it in their own internal libraries or platforms.
The traditional business model for agencies used to be to take a fee on media space buying and cover up operations in the guise of a creative studio. After the advertising crisis, some agencies have rethought their added value. That’s the type of agency that has silently stored and organized your content for you. The downside is, it’s their added value and client retention tool, so letting go will be either expensive or ugly.