On June 1, 2020, Magento will be closing down its support for Magento commerce 1. That means you need to start taking necessary steps to migrate into the latest Magento commerce 2. Thankfully, we’ve done some research on Magento commerce 2 to keep you in the loop.
At the beginning of this year, Magento introduced a strategy consultancy, Stax, in a bid to research and evaluate the numerous values associated with migrating into the Magento commerce 2.
The study, however, compared different customers from different size, geographical location, and approach to Magento commerce 2. The study by Stax dive deep and revealed information about the cost, KPI and decision-making process, including other perks of migrating to Magento 2.
According to Gregg silver, an engagement manager at Stax, “Upgrading to Magento commerce 2 can help your business experience rapid growth in revenue, improve the number of orders, increase your site’s conversion rate, and boost your traffic”. He further added, “The deep insight shows that there are several benefits of migrating to the e-commerce solution”.
Customers who upgraded to the Magento commerce 2 recorded a 62% savings in their cost when they implement new contents like creating landing pages and launching a new product.
How is this possible?
Magento’s design is user-friendly, simplifying the process for marketers to easily create and manage their website contents. The simplicity solves the technical troubles of users and concentrates on other valuable need.
Customers will also be able to improve on their efficiency in the marketplace through the Magento commerce 2’s extension.
Magento Commerce 2 Saves Costs
Comparing the price of Magento commerce 2 extensions, respondents were able to save up to 91% cost if they were to individually purchase the functionality of Magento. For example, replicating the functionality of Magento commerce 2 extensions will cost a total of $11,000. Thankfully, it only costs $1,000 with Magento, for the same value.
Their extensions are specially built to significantly reduce the time and cost of implementing certain marketing functions such as payment protection, marketing automation, shipping, and lots more.
According to a respondent that migrated into Magento commerce 2 from a competitors extension, their main reason for choosing Magento was on how it has successfully met their business needs.
Customer confirmed they became a beneficiary of Magento Commerce 2’s simplified content functionalities, ability to handle multiple sites, strong B2B functionality, and a good security standard.
Customers looking to migrate to Magento 2 should, however, choose a professional implementation partner which can help them map out their current set up, migrating data and process, and preparing the important functionalities to be implemented.
The research from Stax discovered that Magento partners play a crucial role when it comes to helping both large and small businesses, to succeed.
Magneto commerce 2 has really distinct itself by teaming up with great networks of professional and experienced partners who knows their onions and have had previous success implementing different business cases.
“Ensure to find the right partner as they can assist you for effective preparation and to fully maximize your outcome”.
For more information, check out this link.