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Magento is a publicly available eCommerce platform based on open-source technologies. It provides online merchants with a customizable shopping cart experience and allows them to manage their eCommerce stores’ content, appearance, and functioning.

Magento 2 is the newest version of the Magento ecommerce platform; it was released on November 17, 2015. Magento 2 offers newer technology and more extensive functionalities to

experiment with; hence all Magento 1 systems were advised to move.

Magento 2 Editions

Magento 2 has two levels of editions: Magento Open Source and Magento Commerce.

Magento Open Source vs Magento Commerce

Magento Open Source

Magento Open Source is a free, open-source platform for hosting an ecommerce store with basic and essential features. This service level is suitable for start-ups with modest requirements and established ecommerce companies eager to try something new.

This Magento edition includes only basic features and functionalities but is free to download and use. And if you want to add advanced features to your ecommerce store, you have to use third-party extensions. However, you may have to pay for them along with domain costs, development costs, hosting services, etc.

Magento Commerce

Magento Commerce, on the other hand, is a powerful eCommerce platform designed for large businesses with advanced features and functions. Magento Commerce 2.4.2, the latest version, was released on May 11, 2021. This Magento-built premium edition was previously known as Magento Enterprise Edition.

Users are required to pay an annual license fee that is based on the edition’s projected yearly gross sales revenue. Other services, such as databases, web servers, technical staff, etc., come at an additional fee.

As a complete PaaS cloud solution, this edition allows for customizations and third-party integrations. B2B and B2C eCommerce enterprises can use this service level to sell globally in several currencies.

Why Migrate from Magento 1 to Magento 2?

Migrate from Magento 1 to Magento 2
Switching to Magento 2 has a number of important advantages, including the following:

  • Enhanced Capabilities in Both Performance and Scalability
  • Security Improvements with customizable features
  • Marketplace integration
  • Third-party integration
  • Advanced search options
  • Easier and faster Checkout Procedure
  • Next Generation Reporting
  • Responsive and mobile-friendly
  • Allow any hosting service.
  • Huge community of professionals

Magento 2 is a significantly more powerful platform than its predecessor, with improved performance and scalability, and it enables the integration of popular marketplaces.

Magento 2 is built on the latest technologies and is faster, with an improved admin panel interface. It is based on the PHP programming language and is optimized for PHP 7, linked to upgraded performance and expeditious loading compared with the older versions.

Magento 2: The Perfect Ecommerce Platform:

Magento 2: The Perfect Ecommerce Platform
In 2020, over 20% of users transferred to Magento, making it one of the top three migrated-to platforms. Magento’s Ecommerce Advantages.

When it comes to accessing a store, more than 78 percent of people would rather prefer use of an app rather than a mobile website. That’s where Magento comes. Ever since Google first introduced the idea of Progressive Web Apps, Magento has been a staunch advocate for this development methodology.

Magento is a platform that facilitates the transition of existing online stores to Progressive Web Apps (PWA). The cost and effort required to develop an app for your store are reduced as a result.

With Magento’s up-sell and cross-sell features, you may increase your sales by offering complementary products to your clients. These up-sell and cross-sell functions are available in the Automatic Related Products extension. Automatic links to related cross-sell and up-sell products appear on the product detail and shopping cart pages when a relevant search is performed.

Why choose Magento 2 over other platforms?

Let’s see if Magento stacks up against the competition and find out what makes it so successful.
Magento vs Shopify, BigCommerce, WordPress

Shopify vs Magento

While Magento, one of the most widely used ecommerce platforms, offers hundreds of templates and extensions, Shopify is a more compact platform that requires its own programming language and provides fewer design options. Moreover, Shopify does not offer as many options, such as a wide range of reporting and customization features. To conclude, Shopify is a good choice for small business websites who require an ecommerce platform immediately. Nonetheless, for those looking for a solid and stable ecommerce platform, the Magento web platform is still your best bet.

WordPress vs Magento

Originally designed for bloggers, WordPress has expanded to include ecommerce functionality for sites using plug-ins. Why create an ecommerce site on a blogging platform? Using Magento’s specialized ecommerce platform is the best option if you require a very flexible and adaptable online store.

BigCommerce vs Magento

With BigCommerce, you can easily set up and maintain your online store, and you’ll have more time to concentrate on international shipping, among other advantages. BigCommerce’s complicated plug-ins and lack of third-party support might put a company on shaky ground. In contrast, Magento’s straightforward and user-friendly framework.

There’s no denying it: Magento is awesome.

While it’s true that every ecommerce platform has its advantages and disadvantages, choosing the right one for your online store requires a thorough understanding of your top business goals. Since each has unique criteria, you will need to decide which will benefit your company the most. However, Magento is ideal for both small and large companies.

How MageMen can help you with Magento 2:

We are the industry leading Magento ecommerce development company, providing a diverse range of tailored solutions for B2B and B2C clients. With the support of our Magento specialists, you’ll be able to provide customers with seamless shopping experiences. We’ve got our best people working together with the latest edition of Magento, which allows us to build compelling brand experiences for a broad range of industries.

Check out our Magento development services if you need a hand getting started with your Magento project. We have certified developers on board who can help you create custom-made Magento solutions to attract a larger audience and generate more revenue.

Click Here to Get Started.

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