In the dynamic world of e-commerce, staying ahead with the latest technology is crucial for success. Magento 2 emerges as a superior platform when compared to its predecessor, Magento 1, offering a plethora of enhancements that cater to the modern merchant's needs. This article delves into the compelling reasons why upgrading to Magento 2 is not just beneficial but essential for e-commerce businesses aiming for growth and security.
Magento 1, once a flexible e-commerce solution, has been outpaced by Magento 2's advanced architecture. The Magento development team has incorporated a range of new technologies such as Apache, NGINX, Varnish, Composer, Symfony, and Redis. This revamped architecture now fully supports PHP7, paving the way for greater optimization and customization possibilities.
Magento 2 boasts significant performance improvements across the board. With the integration of cutting-edge technologies, Magento 2 enhances page optimization for rapid delivery, reduces server response times, and streamlines backend operations. Statistics show that Magento 2's average loading time is under two seconds, which is 50% faster than Magento 1. It can handle approximately two million more page views and process up to 39% more orders per hour. The server response time for adding items to the cart is 66% quicker, and the end-to-end checkout process is 51% faster.
The Magento 2 admin dashboard is a game-changer, offering insights into new and average orders, lifetime sales, top search keywords, income tax, bestsellers, product counts, and shipping amounts. This comprehensive overview aids merchants in tracking their e-commerce business's progress with greater ease and precision.
Security is paramount in e-commerce, and Magento 2 has stepped up its game with advanced built-in security features. It employs SHA-256 for password hashing, significantly reducing the risk of dictionary attacks. Additionally, Magento 2 integrates Signifyd, a fraud protection system that identifies and rejects fraudulent orders while providing 100% chargeback protection.
Magento 2 simplifies the integration and modification of new extensions, making the process more cost-effective and hassle-free. Thanks to the adoption of modern web technologies like HTML5, CSS3, and Require.js, extending the platform's capabilities has never been easier.
Magento 2 introduces Ajax Add-To-Cart and streamlines the checkout process, making it more user-friendly. It automatically recognizes the card types of registered customers and offers advanced reporting and marketing automation tools. Dependency injection is another significant improvement that enhances the platform's modularity.
Magento 1's support concluded at the end of June 2020, while Magento 2 continues to evolve with new features like Page Builder and Progressive Web Applications (PWA). This commitment to innovation ensures that Magento 2 remains a robust and future-proof e-commerce solution.
Magento 2 has made significant strides in SEO compared to Magento 1. It incorporates Schema.org to improve search engine rankings, helping e-commerce stores gain better visibility and attract more organic traffic.
While Magento 1 may have a lower licensing cost, Magento 2 offers a free Community Edition, just like its predecessor. However, the Enterprise Edition of Magento 2 starts at $22,000 per year, which is higher than Magento 1's starting cost of $18,000 per year. Despite this, the benefits and long-term gains of Magento 2 justify the investment.
In the comparison between Magento 1 and Magento 2, the latter clearly emerges as the superior choice for e-commerce businesses seeking a robust, efficient, and omnichannel platform. If you're considering migrating to Magento 2, outsourcing the process to an experienced agency can ensure a smooth transition. For guidance on migrating from Magento 1 to Magento 2, check out our migration guide.
For any questions or assistance with upgrading to Magento 2, feel free to contact us at Elogic.
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Comprehensive Guide to Migrating to Magento 2
In the dynamic world of e-commerce, staying updated with the latest platform versions is crucial for security and performance. Magento 2, released in 2015, offers a robust, scalable solution for online businesses. With Magento 1's end-of-support looming in June 2020, it's imperative for merchants to transition to Magento 2 to maintain a competitive edge, secure customer data, and access new features. This guide provides a detailed roadmap for a successful migration to Magento 2, ensuring a seamless transition for your online store.
