Magento1 vs Magento2 β€” Which platform offers the biggest ROI?

Magento1 vs Magento2: Which platform offers the biggest ROI?
Abhishek Founder & CFO cisin.com
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Joomla also has built-in SEO marketing tools that let you edit meta descriptions, focus keywords, and modify the robots.txt file.Joomla has a steeper learning curve than WordPress, but it provides forums and tutorials to help beginners build an eCommerce site to suit their online business needs.Pricing and PlansJoomla's open-source software is free to download, but you'll need web hosting and a domain name to use it.

Magento is one of the world's premier e-commerce platforms

Magento 1 was released first, followed by Magento 2 10 years later - After June 2020, support will no longer be provided for Magento 1. Magento boasts an active developer community that provides solutions to Magento issues as well as developing new functionalities and features.

Magento 1 and 2 are user-friendly platforms offering robust functionality while highly customized and flexible; secure platforms for mobile use make shopping carts fast, effortless, and enjoyable. Many organizations rely on Magento's robustness, while Magento 2 serves sites upgraded from Magento 1.

Here's a quick outline:

Magento 1: Magento 1 Community Edition, and Magento Enterprise Edition, along with Magento 2: can all provide eCommerce storefront solutions.

Magento Open Source: Download version without support here

Magento Enterprise Edition (EE): Enterprise businesses will benefit from our on-premises and self-hosted versions, designed specifically for their unique size and complexity of operation.

Pricing plan varies accordingly.

Magento 2 Enterprise Cloud Edition: Similar to Enterprise eCommerce (EE), but including cloud hosting from Amazon Web Services.

It was sometimes referred to as Magento Commerce.

Magento announced at Meet Magento Prague on April 27, 2017, that support for Magento 1 would end on November 1, 2018, due to intense community backlash.

This date was later altered to December 30, 2020, and Magento will no longer update this product after that point, in time.

Are You Investigating Differences Between Magento 1 and 2 in 2020? There could be one or both solutions:

  1. Magento 1 is now obsolete. You know you have to upgrade, but you are still determining if Magento 2 will be worth it.
  2. You are on Magento 2 but are considering moving to another open source Ecommerce platform.

No matter why you came here, we welcome your presence with open arms. In this deep dive into Magento 1 vs Magento 2, we hope that our comparison clarifies any discrepancies and helps your organization determine which version best meets its business requirements.


Magento End Of Life

Magento End Of Life

 

As noted above, people only sometimes stay on sinking ships - especially open source Ecommerce platforms like Magento 1, which no longer have an impactful presence as an e-commerce solution.

Magento no longer produces updates or security patches; without these patches, you risk incurring fines, losing your reputation, and endangering both store data and customer information.

Magento no longer updates many extensions, which could become costly in maintenance costs.

At present, Magento 2 can certainly present many reasons to leave before things worsen. Yet, it would be best if you determined whether that choice will genuinely meet your exit strategy goals.

Are the improvements available with Magento 2 worth investing your time and money in, or would other strategies present more excellent opportunities?

Also Read: Benefits of Magento 2 in Developing E-commerce Website


Magento 1 Vs. Magento 2 Key Differences (Pros And Cons)

Magento 1 Vs. Magento 2 Key Differences (Pros And Cons)

 

Are You Wondering If Magento 2 Is Worth Switching to Magento 2? Magento 2 was released, and it features several improvements that address bugs found in Magento 1, as well as improvements that address other areas.

Without question, Magento 2 offers many advantages over its predecessor, and many edits should be seen from making the switch to it.

Will these improvements justify your massive investment required to set up a Magento 2 store, having previously invested heavily in Magento 1? Only you can decide.

Read on.


Has The Architecture Changed?

Magento 2 is an evolving platform that has been updated with cutting-edge technologies, making migrating data challenging.

Built upon PHP7 for added customization and optimization capabilities, as well as HTML5, Magento 2 also supports this new version.

Magento 2 now supports Zend Framework 1 and 2 instead of only supporting Zend Framework 1. In addition, Magento 2 now supports MySQL Percona versions 5.6 or later.

Magento 2 also introduces innovative technologies not available in Magento 1, such as:

NGINX: An open-source web server designed to serve as a reverse proxy, HTTP caching, and load balancer.

Varnish : A practical, cost-efficient option to accelerate Magento 2 websites significantly is web acceleration.

Composer: PHP marketing tools that manage dependencies allow for the reuse of third-party libraries without them being part of your source code, thus helping reduce conflicts among extensions.

Symfony : PHP framework for web applications that allows for easily controllable functionality of online shops.

Redis: An open-source memory data structure that serves as both database cache and broker of messages.


How Is The Performance And Loading Time?

What matters to your business and you are equally as essential, which includes how Magento 2 performs about an increased traffic requirement.

When considering this aspect of scaling up for business growth, it becomes crucial.


Magento 1.

Magento 1 has long been accused of its performance issues. Studies show that its average page loading speed of over two seconds causes the conversion rate to drop with every additional second; Google states this minimum acceptable time as being suitable for an e-commerce store.


Magento 2.

Magento 2's frontend performance has seen marked improvements, with pages loading 50 percent faster for the homepage and product pages and Checkout being 38% quicker on average than on Magento 1.

Though Magento 2 boasts significant enhancements over Magento 1, optimizing site speed is necessary to maximize conversion rate and SEO efficiency.

Slow loading times reduce crawl efficiency, leading to fewer pages being indexed, resulting in reduced indexation rates for each of your pages.

Quality hosting will enormously affect overall performance; without it, performance could suffer drastically. Magento 2 Enterprise Cloud Commerce includes hosting, but other versions allow merchants to select their provider (for better or for worse).


Is It More Mobile-Friendly?

Consumers have grown more comfortable using mobile devices for shopping carts than ever, including browsing digital products, researching them, and even purchasing.

As mobile commerce markets increase dramatically, it becomes essential that websites be mobile-friendly - see these statistics:

Statista data projects that U.S. mobile retail will reach $432 Billion by 2022.

Mobile-friendly websites will appeal to a broader audience and improve search ranking; Google has begun counting mobile-friendliness as an Search engine optimization factor since 2015.

How does Magento 2 compare to helping bring up-to-date your mobile device?


Magento 1.

Magento 1 was widely criticized for being unfriendly to mobile use, and site performance was also often an issue.

Developers and community members created workarounds over time to optimize mobile themes; unfortunately, these solutions do not appear within Magento's official themes.


Magento 2.

Magento 2 is significantly more mobile-friendly than Magento 1. The themes have been tailored specifically for mobile use, and the Checkout has been tailored accordingly.

A selection of readymade themes is available, though most work will need to be custom done - For best results, ensure that any developers working on your store are Magento Certified Developers.

Magento 2 supports Progressive Web Apps (PWAs), allowing website operators to provide users with an app-like customer experience via their site.


How Easy Is It To Use The Admin?

As much as we've focused on how the frontend affects customer interactions and reactions, you may also be curious how things function on the backend, where many hours may be spent working on Magento itself.

Is the new version user-friendly?


Magento 1.

Magento 1 had an inconvenient user interface and navigation, as it did not feature an advanced dashboard like what exists with Magento 2.

To address these challenges, Magento 2 offers more user-friendly administrative control panels to facilitate use.


Magento 2.

Magento 2 may be easier than Magento 1, but it still presents a steep learning curve. Many tasks are challenging to manage or configure properly.

They could become disjointed over time if not completed in their proper order.

The dashboard displays last orders, average orders, new orders, lifetime retail sales, and top search terms, including income tax.

Customers may configure physical products according to their individual needs or customize data grids based on them.


What Payment Gateways Are Available?

Allowing customers to choose their payment gateway of preference can build trust and increase conversion rates for your e-commerce company.


Magento 1.

Magento allows store owners to easily integrate popular payment gateways onto their Magento websites - typically with third-party integration or custom development solutions.


Magento 2.

Magento 2 supports all popular payment gateways without additional integration - PayPal, Braintree, and Authorize.net among them are supported gateways.

Want More Information About Our Services? Talk to Our Consultants!


How Easy Is It To Checkout?

How Easy Is It To Checkout?

 

Surveys reveal that 23% of customers abandon their cart if the checkout process becomes too complex, making it critical that this step be straightforward for all involved parties.


Magento 1.

This version of the checkout process typically included six steps:

  1. The checkout method
  2. Billing information
  3. Shipping options selection
  4. Payment method details entry
  5. Review of your order review

These were hard to bypass as each was displayed separately on its page.


Magento 2.

Magento 2 streamlines Checkout into two steps - shipping and reviewing payment - while supporting expedited checkouts for faster service.


Is Security A Concern?

Consumer data security and privacy are of utmost concern, and they're less likely to purchase from companies they do not trust.

A recent online shopper survey identified data protection and privacy as two key considerations when making purchases; they even rated data protection and privacy as two critical criteria when making decisions - something your PCI compliance may put at risk with costly fines and reputational damage potential if neglected.


Magento 1.

Magento 1 no longer receives security patches to keep it safe for website use; as a result, updating and creating these patches requires costly development costs that would typically go towards maintaining safety measures on an ongoing basis.


Magento 2.

Magento 2 can make your site as secure as possible, offering regular patches and updates. At the same time, you remain responsible for PCI compliance yourself.

Although technically PCI-compliant without modifications made, no one uses an unmodified version of Magento; you will, therefore, have to manage PCI compliance yourself. As with Magento 1, customization increases the difficulty of installing updates/patches, which requires further maintenance, resulting in an increased burden on managing PCI compliance.


Are Extensions Compatible with Other Extensions?

Extensions are an efficient and flexible solution to meeting the demands of an online store. How easy is adding extensions, and is your platform scalable enough?


Magento 1.

Magento 1 users often expressed frustration over conflicts among third-party extensions, and it was only sometimes simple to make multiple extensions work together seamlessly.


Magento 2.

Magento 2 solves this problem by permitting extensions that overlap to be installed more easily with new technologies like HTML5, CSS3, or REquire.js.

Nonetheless, managing Magento extensions when customizing a store can still be challenging.


How Can I Get Customer Support?

Your store might require assistance occasionally to run smoothly; which version would provide it?


Magento 1.

Magento will no longer provide updates or patches to support your shop after it was officially discontinued, thus leaving you to navigate independently like an abandoned vessel at sea.


Magento 2.

Magento 2 offers various levels of customer support depending on which version is being used.

There are three variations available - Magento Open Source Edition, Enterprise Edition, and Cloud Edition; only Enterprise and Cloud offer customer service (at an increased cost). Magento Open Source can still be downloaded for free but does not provide customer support services.


Which One Wins The Battle Between Magento 1 And Magento 2?

Which One Wins The Battle Between Magento 1 And Magento 2?

 

Magento 1 and Magento 2 don't battle head-on; instead, they coexist as separate e-commerce platforms, with one offering viable services while the other is declining and no longer suitable for building secure websites.

Are You Running Magento 1 and Exploring Upgrade Options or Exploring Other Solutions? (We Will Discuss this Soon.

Also Read: Magento Website Development Cost: Affordable & Flexibility


What Will It Cost To Migrate From Magento 2?

What Will It Cost To Migrate From Magento 2?

 

As with any significant decision, shifting from Magento 1 to 2 can incur considerable investment costs, and all options must be thoroughly assessed before reaching a decision.

Exinent is a Magento 2 agency trusted by many. Their estimates for an e-commerce website of medium size could cost as little as $50,000 and take as long as five months, assuming minimal customizations, but realistically, this estimate doesn't factor in months; just look at your calendar! Please add 10% extra cost if building on Magento 1.


When Is It Time To Upgrade To Magento 2?

When Is It Time To Upgrade To Magento 2?

 

When is the ideal time to upgrade from Magento 1? A few months prior. What is the second-best time? As soon as possible.

By researching Magento 2, you are making an effort towards due diligence; however, other solutions could prove more advantageous.

As soon as your decision has been made, your website must undergo an entire re-platforming once it comes time to implement.

Even when migrating from Magento 1 to 2, this process should not simply involve data migration - more specifically, it involves complete platform re-platforming, which includes moving all relevant data while simultaneously adding in necessary features that improve UX/UI as well as sufficient time for testing before going live.


What Is The Comparative Difference Between Magento 1 And Magento 2 Regarding Ease Of Development?

What Is The Comparative Difference Between Magento 1 And Magento 2 Regarding Ease Of Development?

 

Magento announced in June 2020 that it is discontinuing support for Magento 1 sites still using it, although thousands still run it today.

Users still running it have mixed opinions as to the differences between Magento 1 and 2. However, reality speaks: Magento 2 migration should be considered essential due to all its new core features and improvements - including an advanced dashboard, page loading speeds improvement, security ease-of-installation, third-party Magento components as well as mobile-friendly themes with easily navigable templates - in a highly competitive market such as today.

It is key that businesses remain up to date with the latest technology & features available in order to stay ahead of the competition!


How To Migrate Magento 2?

How To Migrate Magento 2?

 

Are You an eCommerce Business Owner Looking to Deliver the Ultimate User Experience with Magento 2 Migration? Building and Testing Magento 2 can be the ideal way of migrating, while only four components need to be moved: Data, Themes & Extensions (DMTEX).

Beginners may benefit from viewing Magento tutorials which explain this step-by-step migration process in detail; Adobe has provided one such guideline which gives details regarding migration steps.


Top Benefits Of Migrating Magento 2:

Top Benefits Of Migrating Magento 2:

 

Magento 2 is more robust and feature-packed than Magento 1. With features designed to facilitate enterprise digital commerce experiences without creating unnecessary difficulties, Magento 2 makes scaling your business effortless.


Modified Dashboard And Admin Panel

Magento 2 core features an improved admin panel with an intuitive dashboard for simple navigation and accessing attributes quickly and efficiently with advanced features like single-click access for attributes.

Modified dashboard wide range outstanding features enable admins to track and analyze dashboard pages such as Order ID's sales histories, recent orders, and most popular products, as well as any business-related items on them.


New Extensions

Magento 2 merchants have access to over 2,000 extensions designed to boost business. Installing and using these extensions has never been simpler with Magento 2, making business growth effortless!


Scalable

Merchants can quickly upgrade their businesses with advanced features and attributes by taking advantage of mobile & SEO-friendly interfaces.

Merchants will find its usability increases dramatically.


Fast Checkout Process

Magento 2's checkout process has been simplified through the implementation of advanced features, including automatic identification for customers who have registered and Checkout without registration.

By providing only two steps instead of five in its checkout procedure, Magento 2 promises instant sale, purchase, and delivery for instant sales online transactions.


Security

Magento 2's comprehensive security features ensure no data is ever lost, while its framework includes all necessary security patches.


Why Should I Just Leave Magento?

Why Should I Just Leave Magento?

 

Are alternatives to Magento 2 reasonable for my business needs? Ultimately, that depends.

Your initial choice could have been an open-source solution because a SaaS could not handle the level of customization that was necessary for you.

However, things have since changed drastically in this market, and many SaaS platforms now exist that provide flexible features as a service, such as Magento 1.

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Conclusion:

Magento 2 surpasses Magento 1 in all respects.

Magento 1 boasts more resources, guides, and communities compared to Magento 2, as it has been around longer and covers a larger space.

Magento 2 should eventually fill up a similar amount of space as Magento 1, although no exact figures exist yet.

Help from the Magento community is critical in providing regular patches; otherwise, Magento 1 will inevitably deteriorate further.

Since 2008, much has changed: Samsung no longer makes Blu-ray players, Apple is retiring the MacBook Air in favor of more advanced models, and Magento 1 has fallen out of fashion.

Magento 2 has seen significant advancements over time, and you are the only person capable of answering this question for yourself. Is Magento 2 right for your Ecommerce business needs, or should a more advanced and innovative system be chosen instead? Only you are the person to make that call.

Now you understand the differences between Magento 1 and 2! If you are currently using Magento 1, we strongly encourage you to switch over.

Magento 2 is faster, will soon no longer receive support, and migration additional costs could potentially add extra work; nevertheless, it should not be underestimated as an investment of time and resources!