It is 2018, and you are faced the inevitability of your store upgrading Magento version sooner or later, and you are here to know if it is worth it.
Getting ahead, you should know that yes, it is worth it, with hardly any exceptions. Depending on your store customization and configuration, it may take a very different amount of effort and resources to settle your business on Magento 2.
We will break down pros and cons.
Pros First –
Performance, UI, Backend and Frontend Improvements
1. Magento 2 can give you up to 4-10x loading speed increase
Have you ever saved any change in Magento 1 settings and waited for eternity for it to save? Imagine your customers having the same problem in your store.
Be sure that if your development team has speed issues, and the process of placing an order requires waiting for more than 5 seconds to get to the next step, it can cause a problem.
Do you know that a 2 second delay can cause you to lose 7% of your conversions? Magento 2 has your back and now has built-in Redis and Varnish caching support, which are applications that improve performance.
One more user-friendly feature that defines your store work is the Full Page Cache option. Earlier, cache optimization was bound to third-party extensions and advanced techniques.
In Magento 2, improved caching will help to reduce the number of queries in a convenient way, and allow quicker loading times and improved usability.
2. Admin team gets user-friendly customizable management options
Magento 2 with its new admin panel interface is now more accessible for non-tech users. It is touch-accessible and better optimized for mobile users. It will be much easier for you to reach your admin panel from your smartphone, iPad or any other tablet.
The new menu is more logically structured, and the grids can be customized into different views for different admin users.
Even store admins that are totally new to working with online stores or Magento in general can learn rather quickly, and adapt functionality to their preferences.
Therefore, you can reach a whole new level of productivity in creating products and managing orders. By the way, the numbers you can work with are really impressive.
You can create 150k configurable products, 1.5 mil simple ones, and more categories that one can ever browse — 5k.
3. Development time reduced due to new build-in features
If you have a dev team behind your store, they will appreciate the following improvements:
- Up to 20% better page loading speed due to PHP 7 and reduced JS
- Magento 2 includes performant Indexing features that were earlier only available in Enterprise Edition.
- Magento developers made queries less complex by improving the database structure.
- Simple integration with popular platforms like paymeте provides significantly reduces time you invest into your store development.
- There is no need to search third-party solutions for caching, order and return management.
- It is much easier to create your own store design. Besides default “Luma”, there is a blank theme you can customize. Updated UI library allows to develop new pages and custom widgets much easier.
4. More customer-oriented features
Besides technical enhancements, Magento 2 is geared to deliver the best possible customer experience to each customer and to daily audience as a whole.
It can handle more traffic and SKU in your catalog, and process 600 and more orders per hour, if we are talking about big merchants, compared to Magento 1 with the maximum of 500. Other news for your customers are:
- Magento 2 supports a few more popular payment gateways like PayPal, Braintree, Worldpay, and Authorize.net. You can spill your services over more customers by offering them new checkout possibilities.
- Modern logical and simplified two steps checkout, that asks for shipping details first.
- You can add multiple attribute swatches to products, and combine differently colored or configured items into a single product, that provides better choice options for your buyers.
- Another build-in feature that was highly anticipated is Return Management Authorization. It makes returns and replacements easier to manage from the admin panel.
The future belongs to Magento 2
Magento 1 is getting old. The longest you can use it is up until the end of 2018, maybe a few months more.
When the official support ends, you will be left alone with undiagnosed security issues, no updates, and no PCI compliance. That will get you kicked out of the trusted sellers list.
On the flip side, Magento 2 gets regular updates and security patches. The software is in an active phase of improvement, and more Magento development companies release Magento extensions for Magento 2 exclusively, because the demand is growing.
Since it was released three years ago, the Magento Community has had a lot to share: tutorials, guidelines, and many more materials to support you on your journey to the perfect online store.
If you have coding skills, you can access advanced tutorials of any kind, from setting up a store to creating extensions. If you are less skilled, you still can do a lot with guides for beginners.
Price tag, tech complexity and incompatibility issues
1. Magento 2 costs a pretty penny
If your business is too small to fit Magento Enterprise Edition, you can skip one of the largest expenses.
But if you are already a stable business with serious income, be ready to open your wallet.
Enterprise edition costs vary depending on your gross sales revenue, and the price starts from $22,000 to $190,000.
However, you can negotiate on a final price, when yoimple integration with popular platforms, like Paymeтu pay both for hosting and enterprise license.
2. Installation and configuration of Magento 2 is complicated
If you want to migrate on your own, it is not impossible, but trial and error method may cost you too much time.
Even if you force your way through the code and documentation, there is no protection from mistakes that you won’t be able to recognize and fix.
This may result into broken and malfunctioning store. Another possible issue is that a lot of extensions, tools and other add-ons that worked for you on Magento 1, won’t work on Magento 2. Some of them can be switched to their Magento 2 versions if they have such, but for most of them, you will have to search for replacements or customize what you have.
As you can see, there is no way a non-tech user can cover these tasks. You might want to check all-in-one Magento 2 migration service.
3. Magento 2 demands a lot of resources
And they are costly. You need powerful servers, dedicated hosting and perfectly optimized website if you want your service to be rated with 5 stars.
On the other hand, strong requirements push you to be a better seller with an online store that can handle more visitors, store more products and provide fast-speed and error-free experience.
4. Migration to Magento 2 is time consuming
Be ready for a downtime. It is almost impossible for a functioning ecommerce site to migrate to Magento 2 in one day.
You will have to say sorry to your customers and put “under maintenance” sign on your store for an undefined period of time. Since Magento 2 is out for three years, the migration process is well-practiced and there are estimated times for businesses of different scales.
- If you own a small business, your numbers of products is limited, and your website has only a few customizations or extensions, the migration will require 5-6 weeks.
- If your business already has a few thousands SKU and counting on sale, it is medium-sized. Depending on how heavily the online store is customized, be ready for about 2 months of works.
- If your store has 10,000+ items in your catalog, it can take 3 and more months to migrate, again, based on how many things need to alter.
5. Your Magento 1 theme won’t work for Magento 2
For now, there is no solution to transfer your Magento 1 theme to Magento 2, and you will have to either search for another theme or develop it from the scratch.
The same goes for the extensions and widgets, but you don’t need to worry about that: on Magento Marketplace, there are approximately 2,000 extensions for Magento 2, which are more than enough to equip the most complex online store.
The counter for Magento 2 themes is also over a few thousand, so you definitely have a variety to choose from.
Conclusion – Is your shop ready for Magento 2?
It is. Magento 2 is designed to handle more daily challenges and provide space for your business growth.
You can be sure that Magento 2 will handle any challenge you choose and won’t let you down.
This platform is ready for bold experiments, marketing techniques and risky design decisions.
If you can imagine it, Magento 2 knows how to bring it to life – what’s in between are hard work, learning and deepening Magento skills.