Magento is a powerful eCommerce platform that holds 10% of the market share, and amongst the top one million websites, the share of Magento is nearly 1.24%. But, with the launch of Magento 2.0 in the year 2015, it was seen as a tremendous buzz amongst the community and enterprise editions.
For better store performance, most of the store owners have already migrated, but still, a few are in a dilemma. Magento 1 was a flexible eCommerce platform with many extensions, but the experts were getting many complaints about the speed of the Magento framework. It made them come up with the updated version that is Magento 2. This made many eCommerce sellers migrate Magento 1 to Magento 2.
Let us now get a detailed look at the benefits or reasons to move to Magento 2.
Why Should You Use Magento 2?
Magento 2 is an updated version of Magento 1 and comes with power-packed features. It is giving the competition to platforms like Woo Commerce and Shopify. But why businesses must opt for this platform? Here are some of its top benefits:
The Magento 2 has faster speed as compared to its previous platform. It is 20% faster than the earlier version of Magento. It means improved Search Engine rankings and increased sales too.
It also includes full caching pages that mean the page loading speed gets faster, which is 1-2 seconds as compared to 5-10 seconds for the non-caching pages. This helps in handling the catalog pages that make this platform scalable for large stores.
For out of the box and better functionality Magento 2 comes with popular extensions and includes the payment gateways like Braintree and PayPal. With this, it has become easier for Magento users not to choose any third-party integrations.
Simple Checkout Process:
The checkout process is more simplified and user-friendly as compared to Magento 1. It offers the two-step checkout processwith instant purchase feature. Magento 2 requires minimum customer details, lesser steps, reduction in the checkout time, the existing customers can checkout just by using their email address, and guests can create an account in one-click and place their order.
For Magento 2, mobile responsiveness was a priority since Magento 1 did not deliver optimal performance on mobile devices. As buyers mostly use their mobile devices to place an order, this feature is going to retain most of your customers. The launch of Progressive Web Application or PWA in Magento 2 version 3, the mobile performance of the consumers can move further.
As Magento 2 is out with great features and advanced tools, it is already seen as the one-stop solution for all the online store needs of the businesses. It is also using modern technologies like MySQL, Linux, PHP, and Apache/Nginx. Moreover, it offers seamless techniques like:
* Full Page Caching
* Database Clustering
* Extended Reporting through Magento Shipping as well as Magento Business Intelligence
* Monitoring the performance using the New Relic
* Introduction of PWA Studio that is the free open source version of Magento 2
The startups and small business owners who are unable to understand these technicalities of migration can take the Magento migration services from reputed professionals. They have a team of professionals who will migrate Magento 1 to Magento 2 along with your database, files, theme, etc.
Reasons to Migrate to Magento 2
Magento 2 is seen as a powerful eCommerce solution for online store owners. With its versatile features, it can meet the changing business needs of the eCommerce business owners. Here are a few reasons to move to Magento 2:
Increased Scalability and Performance:
The Full Page Cache system serves as the scalable feature of the Magento 2 as it helps the website or webpage to load fast. This reduces the load time to 1.5 seconds per page with faster loading time for the Home Page, Product Page, and the Category Page. It becomes faster by enabling cache that is 0.75 second per page. Even the front-end stuff gets pre-compiled with the AJAX in the Magento 2 platform. Moreover, it supports scaling as its stores the checkout details of each customer in a DB server that makes the process seamless and hassle-free.
Pricing of Magento 2:
The Magento 2 open source was formerly known as the Community Edition. It is free to download and license. Anyone can seamlessly download from the Magento’s official website. But, the owners need to pay for the development, hosting, and designing cost. Its Enterprise Edition will cost you nearly $22,000 that goes up to $125,000 yearly. The business owners need to pay a little more seeing the modern complexities of their online business. The businesses that are looking forward to Magento 2 Cloud Edition has to pay nearly $40,000 to $190,000 for their yearly license. Along with this cost, the owners need to spend upon the development cost, infrastructure, managed support, and the technical staff. So, the business owners must choose the Magento edition wisely. You can also take help from experts which version suits your business.
Seamless and Smooth Customization Process:
The code in the Magento 2 has been restructured wisely so that everything under the specific modules falls under one single directory. This platform uses the de-facto PHP Package Manager composer that manages the installation of the modules. The presentation and business logics have been separated, that makes the customization process more comfortable and well-maintained while installing the product patches.
Provision of Security:
Magento 2 platform includes an installer that keeps the security system updated. This platform also protects your store from potential hacking or any breaches, incorrect codes, and renders overall security to the eCommerce store. Moreover, its integration with the secured payment gateways like the PayPal, Braintree, etc. makes the eCommerce store secure, unbreachable, safe, and PCI compliant. The online store owners who are unaware of the security upgrades or other versatile features of Magento 2 can take professional and expert Magento migration services from reputed service providers.
If you are considering Magento 2 for your online eCommerce store, then it is advisable to go through the various factors associated with this platform. The startups or small business owners can opt for free open-source Magento 2 whereas the medium to large enterprises can opt for the Enterprise and Cloud Editions.
Overall, Magento 2 is an excellent investment for the online business owners who want to keep ahead in this competitive era. It is worth your time, effort, and money, but you need to analyze all the factors before opting for this platform wisely.