{"id":65509,"date":"2024-11-05T05:02:57","date_gmt":"2024-11-05T05:02:57","guid":{"rendered":"https:\/\/syndigo.com\/?p=65509"},"modified":"2024-11-06T17:59:59","modified_gmt":"2024-11-06T17:59:59","slug":"syndigo-connect-2024-highlights","status":"publish","type":"post","link":"https:\/\/syndigo.com\/de\/blog\/syndigo-connect-2024-highlights\/","title":{"rendered":"Syndigo Connect 2024: Re-envisioning the Product Experience\u00a0"},"content":{"rendered":"\n<p>This year\u2019s Syndigo Connect conference was a timely reminder of the trends and innovations reshaping the world of commerce, as seen through the lens of the product experience. This year, the conference emphasized the transformative impact of digital technology on shopper engagement and highlighted several key trends that are driving change in the market.&nbsp;<\/p>\n\n\n\n<p>Want to see highlights from the Syndigo Connect 2024? Check them out here!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-adapting-to-a-new-digital-first-reality-nbsp\">Adapting to a new digital-first reality&nbsp;<\/h2>\n\n\n\n<p>One of the most significant continuing trends is the continued growth of online retailing and e-commerce. Once seen as a temporary lift due to the pandemic and mandated lockdowns, this shift is largely driven by the changing makeup of consumers and technological advancements. Consumers continue to seek convenience and personalized experiences, and their use of digital shopping platforms also continues to grow at a healthy clip.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"524\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/Syndigo-Connect.webp\" alt=\"Syndigo Connect 2024\" class=\"wp-image-65514\"\/><\/figure>\n\n\n\n<p>Paul do Forno, Partner and Managing Director at Deloitte noted how big these changes are: \u201cIn the last five years, e-commerce is two times the size it was in the US since 2019.\u201d And this trend doesn\u2019t seem to be slowing down. \u201cE-commerce growth this year is projected to be twice as fast as retail growth,\u201d noted do Forno.&nbsp;<\/p>\n\n\n\n<p>Syndigo research has highlighted that during peak shopping seasons like the holidays, these numbers can be even more pronounced. This shopping shift underscores the importance for businesses to adapt to digital platforms to meet consumer demands.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"524\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/Anthony-Marshall.webp\" alt=\"Syndigo Connect\" class=\"wp-image-65517\"\/><\/figure>\n\n\n\n<p>Anthony Marshall, Digital Commerce Operations at Kimberly Clark, echoed those sentiments: Given the speed of change, the digital era requires a different playbook. \u201cWe have no choice but to change with it, and build the future for that world,\u201d said Marshall. \u201cEveryone in this room today is responsible for elements of the playbook.\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-b2b-catches-up-in-e-commerce-nbsp\">B2B catches up in e-commerce&nbsp;<\/h2>\n\n\n\n<p>And it\u2019s not just happening with consumer sales. Another major trend charted by Deloitte is the evolution of B2B commerce, which is also experiencing substantial growth. B2B is a much larger market than B2C commerce according to do Forno, and B2B e-commerce is growing faster than B2C e-commerce: 17% year over year. Syndigo Connect focused on both, highlighting the need to adopt a holistic approach by integrating technology, optimizing supply chains, and leveraging data insights. This approach not only enhances competitiveness but also expands business reach in the global market.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"524\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/Syndigo-Event.webp\" alt=\"Syndigo Event\" class=\"wp-image-65515\"\/><\/figure>\n\n\n\n<p>Of course, data\u2014and data quality\u2014underscore the importance of working with the right partner<s>,<\/s> that has the experience to deliver winning outcomes. Two Syndigo partners highlighted their journeys with customers looking to succeed. For&nbsp; Chantal Schweizer, Practice Director of Data Services at Pivotree, the taxonomy\u2014the way data is structured\u2014is key to a successful engagement.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"523\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/MDM-event-1.webp\" alt=\"MDM event\" class=\"wp-image-65559\"\/><\/figure>\n\n\n\n<p>\u201cYou need that data organized, you need it to be very, very complete,\u201d Schweitzer explained when discussing client TIMKEN.\u201cHaving category specific attributes organized in an attribution taxonomy as your backbone really helps get you toward that.\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-proving-the-roi-of-data-infrastructure-nbsp\">Proving the ROI of data infrastructure&nbsp;<\/h2>\n\n\n\n<p>Another familiar business challenge was presented by the team at ObjectEdge, another Syndigo Partner: getting senior management to quantify the value of investing in new data management platform. Vinny Maurici, VP of Data Engineering at Object Edge, highlighted one of their success stories with their customer Infinite Electronics.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"524\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/Vinny-Maurici.webp\" alt=\"Vinny Maurici\" class=\"wp-image-65518\"\/><\/figure>\n\n\n\n<p>&#8220;We found that a 40% increase in new item introduction can be made by leveraging Syndigo,\u201d said Maurici. \u201cAnd because we can launch 40% quicker, we actually can realize that revenue a lot sooner and get the maximum amount of revenue from those new product introductions a lot quicker into the books.\u201d&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bringing-together-innovators-and-experts-nbsp\">Bringing together innovators and experts&nbsp;<\/h2>\n\n\n\n<p>Syndigo Connect attendees had the opportunity to meet with these and other solution partners including Flywheel, Compass Marketing and ThoughtSpark, who highlighted their capabilities for Syndigo customers and prospects.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Syndigo\u2019s capabilities were on display as well, highlighting new innovations including PIM and MDM, content management and syndication for commerce, and digital shelf analytics. Customers learned how Syndigo GoPilots\u2122 leverage generative AI to accelerate application insights, automate processes, and deliver real-time recommendations that ultimately create a better product experience and delightful customer journey.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"523\" src=\"https:\/\/syndigo.com\/wp-content\/uploads\/2024\/11\/Chantal-Schweizer.webp\" alt=\"Chantal Schweizer\" class=\"wp-image-65521\"\/><\/figure>\n\n\n\n<p>Overall, the Syndigo Connect 2024 conference underscored the importance of agility, adaptability, and speed in today\u2019s continually changing marketplace. By combining their data and the technology delivered by Syndigo and its partners, businesses can drive demonstrable growth and success, in order to stay competitive.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This year\u2019s Syndigo Connect conference was a timely reminder of the trends and innovations reshaping the world of commerce, as seen through the lens of the product experience. This year, the conference emphasized the transformative impact of digital technology on shopper engagement and highlighted several key trends that are driving change in the market.\u00a0<\/p>\n","protected":false},"author":2,"featured_media":65512,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","_page_status":"","footnotes":""},"categories":[16],"tags":[17,19,39],"class_list":["post-65509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-pim","tag-mdm","tag-ecommerce"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Syndigo Connect 2024: Transforming Product Experiences<\/title>\n<meta name=\"description\" content=\"Discover key e-commerce trends from 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