Magento 1 vs. Magento 2: What are the Benefits of Upgrading to Magento 2?
Magento 1 was designed to be a scalable e-commerce platform. However, the platform lacked some key features that rival e-commerce platforms offered. As a result, several merchants were complaining about their Magento 1 stores’ sluggish results, which resulted in lost customers and revenue.
So, how do you know when it’s time to update, and what are the main differences between Magento 1 and Magento 2?
This article will look at the main differences between Magento 1 and 2 to help you make the right 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 also supports PHP7, which means there are more opportunities for optimization and customization.
The ability to perform. Magento 2 is faster on all sites, including product, category, and home. Magento 2 included a number of new innovations that helped to optimize pages for quick delivery, and server response time for site events, 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 about 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%.
The dashboard is a term that refers to a Magento 1 that was lacking in terms of an advanced dashboard. Last, fresh, 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 monitor the progress of your eCommerce company. You can also build configurable items and configure data grids with Magento 2.
Safety is paramount. When it comes to running an e-commerce website, security is key. 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 device, is included with Magento 2. Signifyd is integrated into Magento 2’s latest update, enabling the platform to identify and reject orders that appear to be scams, as well as provide 100 percent chargeback security.
Extensions are a form of extension. Magento 2 allows you to add and modify new extensions at a lower cost and with less effort. Because of the latest technologies (HTML5, CSS3, Require.js) incorporated into Magento 2, the process of installing plugins and upgrading functionality has become easier.
The ability to function. The introduction of Ajax Add-To-Cart to Magento 2 is one of the big Magento 1 vs 2 feature discrepancies. The checkout process has also been streamlined, making it easier for consumers to manage. Magento 2 recognizes the card forms 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 improvements in Magento 2.
The funding 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 provide a more robust eCommerce solution with improved speed, protection, and efficiency.
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, folio3 aims to improve your store’s search engine rankings.
The price. This could be the only area where Magento 1 triumphs over Magento 2, as the Magento 1 license is less expensive than the Magento 2 license. 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 license starts at $18,000. The cost of a Magento 2 EE license (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 stable and reliable solution for running a retail company. M2 provides a complete omnichannel platform with advanced features.
So, if you plan to outsource your Magento migration services to an organization, we’re still here to assist you with the upgrade. Check out our migration guide from Magento 1 to Magento 2.