You may be wondering why many are taking the plunge and migrating from Magento 1 to Magento 2? Or simply why is there a need for the upgrade when Magento 1 was performing so well? Magento 1 was successful in delivering to customer expectations and quickly gained popularity within the last 10 years. It also become one of the best CMS which enabled merchants to offer their products and services worldwide. However, there are a few flaws that were making it difficult for online businesses to compete with the evolving market. Hence, the launch of Magento 2.
By the 20th of June 2020 Magento has officially announced that Magento 1 will be phased out meaning that whilst online businesses can continue with working in Magento 1, it will no longer be supported by Magento. Whereas, existing software support will continue until then, they strongly encouraging all customers to upgrade NOW!
Take a look at 6 of the main benefits of Magento 2:
1. Architectural differences
The Performance of the store was one of the major issues with Magento 1. It has been significantly improved with Magento 2. The Magento team has added various new technologies and changed the stack incredibly. Apache, Nginx 1.7, Symfony and composer are a few examples.
- The second version supports the latest version of PHP. It includes security improvements along with
the speed of the store.
- The static content receives better browser caching.
2. Speed and performance
The page loading speed of Magento 2 is almost doubled in comparison with Magento 1. Magento 2 offers full page caching both in the Community and Enterprise editions.
Conflicting extensions was a major problem with the first version. The extensions previously available try to rewrite the same functionality and create a conflict.
The admin panel of Magento 2 is its biggest advantage. The user-friendly and intuitive interface allows the admin to manage the store easily and navigate all the information easily. It is easy to track lifetime sales, last or average orders, top search terms, average terms, check bestsellers, shipping and quantity. It is the most effective way to analyse the current state of your business.
5. SEO and security
The rich snippets on the catalogue page of Magento 2 help to improve the search results in SERPs. There are hashing (SHA-256) algorithms that strengthen the password and prevent the store from dictionary type of attacks.
The community editions of both the Magento versions are free. However, the Enterprise Editions of the two versions differ in their cost.
Magento 1 EE license cost: $18000 yearly.
Magento 2 EE license cost: $22000 yearly.
Why one should migrate from Magento 1 to 2?
Most importantly, the first version of Magento will stop receiving support from the community. There will be no innovation in it. There will be security voids and you will need to outsource the security set up by paying extra cost.
Secondly, Magento 2 is providing with better speed, security and performance.
Most of the E-commerce stores have already started with the process of migration. It is the right time for you as well.
What are you waiting for? Are you thinking of migrating?