Each product can have more than 200 attributes: descriptions, SKUs, prices, photos, seasonality, discounts, product relationships, and more. These attributes must be assigned, edited, approved, transferred to sales channels and internal systems, updated, and transferred again. When sent correctly to marketplaces, each attribute can improve catalog ranking or change how it is linked.
Therefore, adding attributes or new values to them is a separate business process that in itself requires action. In addition, each attribute can be a separate complex reference list that both procurement, production, and suppliers must work with. Back in 2012, the research company Goodmasters calculated that about 25 minutes per year are spent collecting and updating data for one SKU. For non-core systems and applications, this figure remains roughly the same today.
The speed of entering data, for example in Excel, is only marginally affected by which exact product version the manager is using. If the company has a catalog of