We live in an image rich world. We take thousands of pictures on our personal devices with ease. And brands are committed to visual storytelling now more than ever.
Like many organizations, you may find yourself at a crossroads between how you’ve managed digital content up until now and how you plan to address future digital asset management (DAM) needs.
Evaluating your digital asset management strategy often begins with a leader committed to championing DAM success -- which relies more on change management, process modeling and company culture than the software itself. Typically, this leader either resides in the C-Suite (via content and brand visionaries) or more likely, where the pain is most prevalent, in the creative and marketing arenas. In either case, getting C-level buy-in and full support is paramount.
Unfortunately, getting executive buy-in for DAM can be wrought with bumps, misunderstandings and the inability to convince others of the true value of not only safeguarding what the business owns (digital assets -- imagery, graphics, presentations, videos) but also the value of being able to serve up and repurpose those items quickly and with accuracy every time, from anywhere.
So how do you convince your C-Suite that a solid DAM investment can save money? Here are a few points to help them gain understanding and show where your organization can expect to recoup your investment both in the short- and long-term.
1. Find a Story Similar to Yours
The easiest starting place to demonstrate DAM's money saving benefits is to learn what other organizations have been able to do with a solid DAM system and process in place. DAM vendors are often willing to share case study examples detailing how organizations save time by transforming content workflows with DAM, how they save litigation fees by using DAM to protect digital licensing usage rights and how they improve sales enablement with field sales, marketing and distribution networks equipped with their brand assets at-the-ready.
Every situation is completely unique. Therefore, case study examples will only begin to show you what is possible, and not mirror your exact situation.
2. Provide Data on the Costs You Will Save
I recently spoke with an agency using only network drives and FTP. They had strong leadership and processes. They had already crunched their numbers. And they knew that shaving just 20 minutes per day off their 18-person creative team’s daily workflow would justify an investment in a DAM system for a company of their size.
Do you know your number? You may have to roll up your proverbial sleeves to measure how long specific, grossly-inefficient tasks take, and make some assumptions about how much time could potentially be saved in your post-DAM world. At a minimum, analyzing your current state at the onset of the project gives you a baseline to measure against in 1-year, 2-years, 3-years to show improvements over time. And we all know how much the C-Suite loves metrics.