With the fast improvements and tough competition in the E-commerce industry, it’s becoming highly challenging for business enterprises to reach their target audience completely. To get the best result from the online store, Magento E-commerce development is the perfect partner. Upgrading your E-commerce store Magento version is important in making the website technically sound with the latest version having remarkable improvements. Magento store owners know how much efforts, energy, and resources are needed for M1 store to make sure it’s faultless. But, the time has come to ensure that the potential audience gets an engaging store interface that is possible with new and improved Magento 2 version. We very well know that migrating is a costly and stressful job to do, hence we’ve mentioned some important parameters regarding why you need to migrate to Magento 2 along with its descriptions in details.
Why Upgrade is Essential?
Implementing the latest changes on the Magento 1 platform is time-consuming and more costly for the developers that could be impossible as well. Merchants can outsource Magento development services for the upgrade task as it is complicated for beginners. Upgrading is the perfect approach to utilize the time, resources, and efforts to meet the customer’s requirements. Magento 2 new layout gives merchants a robust approach to adapt to the regular competitive improvements within the E-commerce industry. Several business enterprises have noted that they require fewer extensions to uplift the performance of their store. Not only does this ease the development and maintenance job, but it also enhances the complete performance.
Benefits of Magento 1 to Magento 2 Migration:
- Better Performance
Magento 2 has introduced several updates regarding performance-enhancing, including full-page caching which loads page faster than ever before. When a page request is fetched from the cache instead of being fetched from the PHP server, it noticeably boosts the store speed. This ends in advanced scalability and higher conversion rate. Magento 2 produces significantly higher page loads in comparison to the old versions of Magento 1. Faster loading of the page means a reduced bounce rate, which means higher sales.
- Magento 1 An Outdated Platform
Magento has officially announced that by the end of June 2020 M1 will officially end. The support and updates will eventually stop altogether. Any investments made in this version is useless and will be replaced at later stages. The more you delay to upgrade to the latest version the costlier it will be for you at later stages. There will also be higher security threats for Magento 1 as fewer security patches are released for it making it vulnerable. M2 will continue to get security patches to help merchants remain secure. In addition to that, SEO features are integrated to make sure website ranks higher in SERP.
- Improved B2B Functionality
Once you Migrate your Magento store to Magento 2, multiple new features will be present that will improve B2B operations, which is targeted more towards businesses, rather than normal buyers.
Some of these features comprise of:
Account Management Feature: A new self-service feature allows B2B customers to handle their company records in a systematic manner. This also allows Magento store owners to organize their customers’ records in a better manner.
Quote Requests: In earlier versions, the customer couldn’t be made quote requests unless a third-party extension is installed. With the release of Magento 2, this problem is fixed. Customers can easily request quotes from the cart, and can also later track the status of their request.
Improved Relations: The best thing about the quote requests is that store owners can now reply to these proposals with proper discounts, recommendations for different products and shipping offers that drive buyers in large numbers. This also builds a strong bond by interacting prior to purchase, and also boost sales.
- Simple Checkout
Magento 2 comprise of 2-step checkout method that speeds the checkout process while lowering the information a customer needs to provide. This ends in better conversions, satisfactory user experience, and fewer troubles during the checkout phase. Some specific changes comprise:
- By default guest checkout.
- The account setup process is streamlined, needs only one click.
- Order summary with thumbnails.
- Shipping charges automatically added to the carts.
- All customer address details including automated shipping, city options and ZIP code are provided.
- Database Segmentation
Magento 1 used to provide a single database for all customers, developers and admins. This is a big loophole as it causes database overload. Hence, if any load is observed at the admin’s end, the end-user experience would get affected by sluggish UI.
On the other hand, Magento 2 offers a perfect database solution by including these three categories:
- Product Data
- Checkout
- Orders
These different categories help in uplifting a store’s performance, thereby stopping any negative impact on store performance.
- Inventory Management
With Magento 2, inventory management has become quite simple. Store admins can easily upload the products with a simple step-by-step guide to help the admins. In addition to that, users can also add videos and 360-degree photos of the product. This drives buyers to the stores as the product gallery is more attractive and interactive to use. Customization job is easy to perform without any sort of complication. In Magento 2 stores, the merchants can track the preferences of the buyers and pitch them attractive offers and discounts which they keen to buy.
Wrapping Up:
Now you are aware of the benefits of Magento 2, it is hard to avoid the migration service. As we all know, Magento 2 is a completely new and different platform from its earlier version. Migrating between the two platforms will require migration of product catalog, orders, customer details and theme/design. For successful migrations, it’s important to hire Magento 2 development company and decide about the ideal time to migrate. As per experts, a typical migration can require around 1 to 2 months as per the store’s complexity and data volume. As you plan for your store migration, avoid the time when your store peak selling time is particularly during the festive season. Magento 2 provides advanced E-commerce store experiences, smooth navigation and advanced features with capabilities that will help your company to be a leading brand in the E-commerce industry.