Magento 1 had its days of glory. When the word spread about it, people quickly realized that Magento had the potential to rule on top in the eCommerce world. As more and more of the individuals worked with Magento, a community of developers grew who supported users with their knowledge. The popularity of the Magento platform got so high that IT companies from around the world became its official partners.
There’s a hell lot to talk about Magento 1. But let’s stick to the topic for now and see the KEY points calling for the update of the predecessor to Magento 2.
The predecessor was slow and had scalability limits. Cart owners did not appreciate the fact which the new version gladly covers. It offers total support via a new cloud edition that overcomes scalability problems.
Magento2 has the tools to deliver a master’s kind of presence for business brands. To name a few, these are the Magento Order Management System, Magento Business Intelligence.
Under the Order Management System, merchants get the following benefit:
- Increase in sales after product ships from the store.
- Sales lift with the endless aisle.
- A good percent of sales increase – Buy Online, Pick-Up In-Store.
- Increase in Customer Lifetime Value upon interaction on multiple channels.
Magento Commerce Order Management provides retailers with the opportunity to stand tall with hotshot competitors.
RJ Metrics was acquired recently by Magento. It changed its brand name to Magento’s Business Intelligence. The tool shows customer behaviours and attributes with which you can optimize your targets and make strategic decisions. The data helps you translate the revenue into profitable growth. Your developer team can make full use of this real data.
Magento2 offers a modern stack compared to other eCommerce platforms. Magento 2 users will benefit from the new add-ons. Magento usually updates features quarterly. For example, their B2B package to be released soon comprises of an advanced CMS feature, BlueFoot CMS integration, and client benefit of Magento’s acquisition.
Magento 2 is a lot faster during installation. The average delivery period goes between six to nine months.
The cost of updating to Magento 2 is quite low compared to Hybris, Demandware, Oracle, etc. in terms of license fees, development, maintenance cost.
Retailer studies say that online revenues for Magento merchants have increased. Due to the change in technology and the use of extensions, Magento 2 websites adapt quickly.
Before you opt for any eCommerce platform, you need to consider that you will be operating it for four years. Technically speaking, there are wholesome factors to evaluate, which will come at the expense of your requirements.
Consider this statement as a piece of friendly advice and follow. It is dangerous to move to a new platform without technical due-diligence. Such aspects have a significant say in a way to achieve your business goals. If you want an award-winning expert, then Kinex Media can offer a professional level Magento 2 support.