Magento is one of the top open-source eCommerce innovations in the market. Magento 1 End of Life by June 2020 is a good enough reason to migrate to Magento 2. Many merchants have already upgraded to Magento 2 after the announcement of Magento 1 EOL in June 2020. However, various enterprises are skeptical about migrating to Magento 2.4. Approximately 11,000 of the total Magento stores run on Magento 2.
Merchants who have been using their stores in Magento 1 may find it challenging to switch to Magento 2. There are various tools to migrate the data but all the features that made it a perfect online store for you cannot be migrated with a tool.
But when you get to know about all the attractive features and advantages of Magento’s latest version for your business, you won’t resist upgrading to Magento 2. Here are some of the amazing reasons you should upgrade to Magento 2 Now.
Reasons to upgrade to Magento 2 Now
1. High-Performance
Better performance and scalability are the top reasons to migrate to Magento 2! According to Google, page speed is the ranking factor for mobile searches. You can offer better performance to the user with some of the outstanding features rendered by Magento 2 such as:
- PHP 7 Support
- Reduce unnecessary browser operations on the client’s side with the help of minimized Javascript.
- Built-in tools for image compression
- Varnish Caching
- Enhanced browser caching for the static content
As compared to Magento 1, Magento 2 has the ability to handle a variety of orders and more customers at the same time, thus benefiting the business. Magento 2 is faster all around: on the category, product, as well as, home pages. Its loading time runs faster than the usual 2-3 seconds. On the other hand, the homepage, category pages, and product pages load in less than 1.5 seconds even without using any front-end caching.
2.Smoother Checkouts
While the Magento 1 checkout consisted of 6 steps that the customers had to go through, Magento 2 is quite faster and consists of only 2 steps for successful checkout.
“Magento 2 offers a 38% faster checkout to customers as compared to Magento 1″
Let’s checkout steps will simply result in a lower cart abandonment rate. Have a look at the below stats:
- 26% of shoppers will leave if the checkout process is too complicated.
- 23% of US online shoppers have abandoned an order in the past quarter solely due to a “too long/complicated checkout process.
- eCommerce brands lose $18 Billion in Sales Revenue each year because of cart abandonment.
- 57% of shoppers will abandon if they have to wait three seconds for a page to load.
Magento 2 enables users to simply opt for guest checkout or create an account with a single click. Magento 2 renders a smoother checkout process that enables them to stay away from the customization that the Magento 1 owners had to make in the default checkout page to make it more user-friendly and streamlined.
3. SEO Friendly
The responsive Magento 2 web designs make it possible to deliver outstanding shopping experiences on desktop as well as mobile. In the rapid pace of the m-commerce world, rendering responsive websites is not an option but a necessity. When it comes to search engine rankings, Google evaluates the responsiveness of the store as well.
“Contemporary online shoppers perform more than 50% of online transactions on mobile devices”
Magento 2 offers a lot of responsive features that can boost the SEO such as rich snippets to enhance results in SERPs, image optimization, canonical tags for products and categories, SEO-optimized URLs, and so on. Magento 2 is far better than Magento 1 when it comes to SEO. Here are some of the notable Magento 2 features:
- Schema.org helps merchants to boost the search engine rankings of their stores.
- Rich snippets on the Magento 2 catalog pages enable search engines. To find product data easily.
- Canonical tags help the owners to avoid duplicate content issues.
4.Enhanced Security
Magento 2 offers advanced built-in security options. And after the EOL of Magento 1, all the stores built in Magento 1 will be vulnerable to cyber-attacks and bots. This will not only risk your store’s data but also your customer’s sensitive information like personal details, credit card details, etc. Have a look at the below cyber attack statistics:
- 66% of businesses have experienced a cyber attack in the past 12 months.
- 43% of cyberattacks are aimed at small businesses, but only 14% are prepared to defend themselves.
- At the end of 2016, a business fell victim to a ransomware attack every 40 seconds. This is expected to rise to every 11 seconds by 2021.
One of the advanced security options is SHA-256 (Secure Hash Algorithm 256) for passwords, which shuts down all the possibilities of dictionary attacks. Magento 2 also offers a fraud protection system Signifyd. This system enables the platform to recognize and reject scam orders and offers 100% chargeback protection.
5.Magento 2 Admin Panel
Magento 2 admin panel is intuitive, easy-to-navigate, and user-friendly. Its dashboard displays various options and information like the latest and average orders, top search keywords, bestsellers, the number of products and amount of shipping, etc that enables merchants to easily determine the progress of their online business. Magento 2 also enables you to customize data grids and create configurable products.
According to Magento, setting up new products is also faster, with a step-by-step product creation tool and product import capabilities that are 4x faster than before.
Magento 2 admin panel is an advanced version of Magento 1 admin panel with various features to upgrade the design, structure, and management. One can simply create eye-pleasing and attractive stores with the help of Magento 2.
Takeaways
Magento 2 brings tons of benefits to your eCommerce business. The above mentioned are some of the strong reasons to upgrade to Magento 2. But it doesn’t end here. Magento 2 offers a better customer experience, eye-catching and visually-eye themes, a variety of extensions, etc. PHP 7 support, cleaner and enhanced HTML5 CODEs, Elasticsearch, and JQuerry are some of the best improvements of Magento 2. So what are you waiting for? Rapidly boost your eCommerce store by upgrading to Magento 2 now. Talk to our Experts and they will be more than happy to guide you in the entire process.
