Magento 2 was released back in 2015 as the latest version of the Magento eCommerce platform that is utilized by 1 in 4 businesses worldwide. It offers beneficial features that resolve issues many encountered with Magento 1 such as:
- Improved Performance: Magento 2 sites will run on average 20% faster than Magento 1 sites. Highly performant sites have been proven to increase sales and improve search engine rankings.
- Streamlined Checkout Process: Magento 1 has a hefty six (6) steps, while Magento 2 offers a simple 2 step checkout process and the Instant Purchase feature. With Instant Purchase merchants can now offer returning customers a faster checkout experience by using previously-stored payment credentials and shipping information to skip checkout steps altogether, taking them to a confirmation purchase page. Sites with easier check-out processes (like instant purchase) have historically seen increased sales.
- Better Admin Interface: This is a non-technical user’s dream! Magento 1’s user interface was often touted as confusing for business users, but Magento 2 offers a clean, user-friendly experience where even the most non-technical users can find tools and add new product listings with ease.
- Mobile Friendly: With more customers than ever shopping on smartphones, it is imperative to have a mobile responsive site. Magento 1 sites did not deliver optimum performance on mobile devices, but Magento 2 makes mobile commerce a priority. With the release of Progressive Web Application (PWA) Studio in Magento 2.3, customers can take their mobile performance even further.
Items to consider if you stay on Magento 1:
- Security patches will not be produced for these versions once support ends;
- Your competitive edge will be at risk, as no new innovation or features will be added on Magento 1 because all of the innovation that is needed to stay competitive is happening on M2;
- Magento 1 will become increasingly vulnerable to hacks as the code grows older;
- Magento 2 users will enjoy a widening competitive advantage based on features and functionality
Because running unsupported software is extremely risky, particularly when the software that isn’t supported is such a fundamental part of your operation, we recommend moving to Magento 2 sometime in 2019 if you have not already done so. The timeline for a migration can vary based on your eCommerce site, but a safe bet is to allow a minimum of 3 months. Again remember, this timeline is totally dependent on the level of customization you have done on the M1 site.