Magento 1 is no longer supported as of June 30, 2020. This means that your Magento version is not able to get new features, and don’t expect any latest updates or security patches.
Magento was acquired by Adobe on June 19, 2018, and is a viable platform for the future since it is a part of the Adobe ecosystem now. The beauty of Magento 2 is that it delivers multiple native features and functions—which were only offered through extensions in Magento 1. This gives your business the flexibility and agility required to deliver exceptional customer experiences and strong sales.
If you stay on Magento 1, then your responsibility regarding your site’s security and PCI DSS compliance will be increased. Any security issues for Magento 1 will not be responded to by Adobe.
There are numerous benefits of Migrating your store from Magento 1 to Magento 2 including modern, scalable ecommerce solutions for businesses of all sizes, with new functionality, better overall website performance, unmatched flexibility, customizations, more robust application components, and advanced built-in security options.
Why Migrate To Magento 2?
- Improved performance
- Pages load in within two seconds with complete page caching.
- 66% faster add-to-cart times vs. Magento 1.
- Improved customer experience
- Streamlined checkout for decreased cart abandonment.
- Mobile-first design displays strikingly and executes seamlessly throughout devices.
- Latest, intuitive backend
- Reduced dependence on developers, management time and platform training.
- Allows easy creation, preview, and schedule of campaigns.
- Drag-and-drop page builder extension generates striking pages in minutes.
- Native B2B suite with custom catalogs, pricing, quoting, requisition lists and 1-click reordering.
Magento 2 is available in two editions:
- Magento 2 Open Source –The free version and best for all small and medium ecommerce sellers.
- Magento Commerce 2 – The enterprise version, ideal for large corporates that need huge management support and business intelligence.
Key Features:
- Up-sell, cross-sell, and group related products
- Several images for each product, zoom-into product images, swatches for a closer product view
- Display stock availability
- Search engine friendly URLs
- Complete control over URL rewrites
- Generate a Google sitemap automatically
- Control several ecommerce stores from a single admin panel
- Define varying roles, permissions to access the admin panel
- Integrated CMS (Content Management System) to create and edit pages and publish content
- Huge range of customizable site templates
- Support for various currencies and languages, different tax rates depending on product type, customer group, location, etc.
- Display single, bundled, grouped, configurable and virtual products
- Unlimited product attributes
- Pre-defined attribute sets that make it easy to create products
- Enhanced support for inventory management, automated inventory notifications
- Customize out-of-stock messages
- One-page checkout, guest/registered user checkout
- Multiple shipping addresses for one order
- SSL security support
- Save shopping cart, save credit card for offline shopping
- Multiple PayPal gateways, PayPal credit
Top Statistics About Magneto:
- More than 187,500 live websites use Magento (BuiltWith)
- After migrating to Magento, merchants say their growth in the value of transactions is threefold (Magento)
- In just 5.2 months the time to value vs investment payback is recovered (Magento)
- Magento has over 5000 extensions (ReadyCloud)
- There are more than 150,000 Magento developers worldwide (ReadyCloud)
- Magento has over 1300 global partners (Magento)
Why You Should Migrate To Magento 2 Now
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This guide is going to explain the reasons why you should migrate your ecommerce website from Magento 1 to Magento 2 and help you make the transition easier.
1. Improved Performance And Scalability
Magento 2 undoubtedly performs better than Magento 1 in every way. Its improved indexer helps in increasing its query performance speed. It is simple to cache requests in Magento 2 as it uses the prominent HTTP accelerator technology – Varnish cache. It has improved performance and scalability and more than one admin user can create as well as edit ecommerce products information.
2. Improved Checkout Process
One of the deciding factors about making or not making sales is the checkout process. If the checkout process in your store is not good, the users will keep abandoning their shopping carts, and neither retailers nor customers like it.
Magento 2 platform provides so simple and safe checkout to your site that the visitors can purchase items with just a tap and it surely will improve the traffic on your e-store.
3. Mobile-Friendly And Responsive Design
The way information is being accessed has been changed by the internet. Now the internet is not only used on computers but laptops, mobiles, and even watches.
Magento 2 is easy to use apps and has a touchscreen-friendly admin panel which makes it easy to deal with your store via mobiles or tablets. Having a mobile-friendly ecommerce website is a sure way to deliver a perfect checkout experience to your customers.
4. A More Organized Admin Interface
The admin panel of Magento 1 was complex and less user-friendly than Magento 2. The lifetime sales, average order, last orders, last and top search terms are displayed on the new dashboard which helps to monitor the present condition of your business.
Magento 2 allows you to customize the new admin panel as you like and navigate through all of its parts easily.
5. Easy To Upgrade
Magento 2 is easy to upgrade and regular updates mean having new and exciting features. The new versions are released now and then which offers security patches to help retailers stay secure.
As a result, the e-commerce experience is enhanced for you as well as your customers and that will automatically increase your sales.
6. Enhanced Security
Magento 2 fulfills every crucial requirement of an advanced e-commerce store. A lot of focus is put on securing user details and providing a secured checkout process.
The crucial details of the customers will be safe regardless of the payment method that is selected to complete the transaction.
7. Offers Lots Of Key Integrations
Magento 2 provides numerous key integrations that are useful extensions including payment gateways such as Paypal, Braintree, and more.
The features and functionalities of your ecommerce store will be enhanced by them as you can use them to do crucial activities in your e-store. It allows payment options to your customers and leads to an increase in sales.
8. Instant Purchase
It provides your customers with an instant purchase feature decreasing the hassle of placing orders. The customers can simply go to the instant purchase button on the detail page of the product on your e-commerce website which redirects them to a confirmation page, where they can place their order.
It even promotes impulse purchases as orders can be placed on the go without following checkout processes.
9. Email Marketing Automation
Dotmailer email marketing automation is one of the latest features of Magento 2.2 which allows you to create campaigns within minutes.
Merchants can create automated campaigns through SMS, Push, email, and other channels and manage transactional emails for their Magento stores. The toolset of Dotmailer is easy to use but they do offer help in case the customers face any issue.
10. Advanced Reporting
The reporting plays a crucial role in attaining success in your ecommerce business. The report is refreshed constantly to reveal new information which gives you the understanding and measurements you require to deal with your web-based business.
This element offers you insight into three vital areas: orders, customers, and products.
Conclusion
It is a must for retailers to migrate from Magento 1 to 2. Many retailers are choosing Magento 2 as it allows them to make their ecommerce website support a broad range of functionalities and provide faster time to respond to users.
The website needs optimization and new features for customers to deliver a good customer experience and that is what Magento 2 will provide.
Since Magento 1 support ends now which means you will stop receiving the security updates you need to keep your site safe, therefore migrating to Magento 2 has become a must.
Deepak Wadhwani has over 20 years experience in software/wireless technologies. He has worked with Fortune 500 companies including Intuit, ESRI, Qualcomm, Sprint, Verizon, Vodafone, Nortel, Microsoft and Oracle in over 60 countries. Deepak has worked on Internet marketing projects in San Diego, Los Angeles, Orange Country, Denver, Nashville, Kansas City, New York, San Francisco and Huntsville. Deepak has been a founder of technology Startups for one of the first Cityguides, yellow pages online and web based enterprise solutions. He is an internet marketing and technology expert & co-founder for a San Diego Internet marketing company.