Magento 1 vs. Magento 2: What are the Benefits of Upgrading to Magento 2?

Magento 1 was designed to be a flexible ecommerce platform. However, the platform lacked some key features that rival ecommerce platforms offered. As a result, many merchants were complaining about their Magento 1 stores’ slow performance, which resulted in lost customers and revenue.So, how do you know when it’s time to upgrade, and what are the main differences between Magento 1 and Magento 2?This article will look at the key differences between Magento 1 and 2 to help you make the best decision.Architecture is a term that refers to the design The Magento development team tweaked the stack by incorporating new technologies such as Apache, NGINX, Varnish, Composer, Symfony, Redis, and others. The architecture now supports PHP7, which means there are more opportunities for optimization and customization.

The ability to perform. Magento 2 is faster on all pages, including product, category, and home. Magento 2 included a number of new technologies that helped to optimise pages for fast delivery, reduce server response time for site activities, and improve backend operations. The average loading time has decreased to under two seconds (50 percent faster than Magento 1). In comparison to Magento 1, Magento 2 can now handle around two million more page views and up to 39 percent more orders per hour. The add to cart server response time has improved by 66%, and the end-to-end checkout time has improved by 51%.

Dashboard is a term that refers to a Magento 1 was lacking in terms of an advanced dashboard. Last, new, and average orders; lifetime retail sales, top search keywords; income tax, bestsellers; number of products; and shipping amount are all displayed in the Magento 2 admin dashboard to help you track the progress of your ecommerce business. You can also create configurable products and customise data grids with Magento 2.

Safety is paramount. When it comes to running an ecommerce website, security is crucial. Magento 2 has a number of built-in security features. For passwords, one of them is SHA-256 (Secure Hash Algorithm 256), which makes it more difficult for a dictionary attack to succeed. Signifyd, a fraud-prevention system, is included with Magento 2. Signifyd is integrated into Magento 2’s latest release, allowing the platform to identify and reject orders that appear to be scams, as well as provide 100 percent chargeback protection.

Extensions are a type of extension. Magento 2 allows you to integrate and modify new extensions at a lower cost and with less effort. Because of the new technologies (HTML5, CSS3, Require.js) integrated into Magento 2, the process of installing extensions and updating features has become easier.

The ability to function. The introduction of Ajax Add-To-Cart to Magento 2 is one of the major Magento 1 vs 2 functionality differences. The checkout process has also been simplified, making it easier for customers to navigate. Magento 2 recognises the card types entered by registered customers automatically. Magento 2 expands on this by including advanced reporting and marketing automation. Last but not least, dependency injection is one of the most significant changes in Magento 2.

Encouragement. The support for Magento 1 will be phased out at the end of June 2020. At the same time, Magento 2 has added new features such as Page Builder and PWA (Progressive Web Applications), and it is expected to add even more functionality to deliver a more robust ecommerce solution with improved speed, security, and performance.

Search engine optimization (SEO). When Magento 1 was first released in 2005, it lacked many SEO-related features. Many improvements to search engine optimization have been made in Magento 2. For example, aims to improve your store’s search engine rankings.

The price. This may be the only area where Magento 1 triumphs over Magento 2, as the Magento 1 licence is less expensive than the Magento 2 licence. Magento 1 and Magento 2 are free to use in the community editions. Enterprise Editions are for businesses. The annual cost of a Magento 1 EE licence starts at $18,000. The cost of a magento 2 development company EE licence (starts at) $22,000 per year.

When it comes to Magento 1 vs 2 comparisons, Magento 2 comes out on top because it is the more robust and efficient solution for running a retail business. M2 provides a complete omnichannel platform with advanced features.So, if you decide to outsource your Magento 2 migration to an agency, we’re always here to assist you with the upgrade. Check out our migration guide from Magento 1 to Magento 2.

Author Bio:

 This article was written by a Folio3 development company content researcher. It is a Magento production company and a digital marketing agency headquartered in the United States that serves clients all over the world

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