End of life for Magento 1, Is your store future ready?

Posted by Shah Faisal
3
Dec 26, 2019
316 Views
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Magento 1 is dying;

Magento has officially announced that it will stop supporting Magento 1 (both Enterprise & Community edition) by June 2020.

It means that you will not get any security patches or quality fixes for your Magento 1 store after June 2020.

It’s a high time to migrate your store to Magento 2. So in this blog, I will be highlighting each and every point you require to make a decision to move to Magento 2.

Why stick to Magento? Why not move to other platforms?

Every business has unique needs. So in order to create the perfect online business store, you need an e-commerce platform that offers easy customization. This helps in maximizing sales and optimizing operations.

Magento is the most appropriate system in this case. The inbuilt extensions and plugins allow Magento designers to customize the store to be in line with your business goals. This means you can get web design of your choice and an easily accessible admin panel that offers flexibility and scalability for business growth.

According to the official Magento website, there are more than 250,000 merchants who choose Magento as their e-commerce platform.

Magento has a network of 315,000 developers and a network of 1,150+ Magento solution partners.

Some interesting stats

According to builtwith.com, the number of websites using Magento has increased by 48,000 during the period of March 2016 and February 2017.

According to data from Builtwith, Magento powers 28% of websites across the web.

In 2016, Magento managed 101 billion-dollar transactions, according to the Magento website. This amount is expected to reach 224 billion dollars by 2020.

Magento 2

Magento 2 offers a lot of fundamental changes to the platform thereby enhancing the overall functionality of the e-commerce platform.

The major key areas of improvement are –

on a technological level
in modularity
performance
Magento is aiming for bigger enterprises by aiming to consolidate Magento 2 and enhancing its functionality to suit enterprise requirements.

When should I upgrade to Magento 2?

What if your Magento 1.x store is running smoothly and is generating revenue for you. Although there is no rush to upgrade to Magento 2 we strongly recommend to update to Magento 2 if –

You are facing performance issues with your current Magento 1.x store
You are planning to upscale your business and looking to implement bigger modifications to your store.
Although I will still advise upgrading to Magento 2 even if you are not facing any issue with Magento 1.x as Magento 2 offers a lot of new features, opportunities that can help you serve your customer better.

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