Magento: Open-Source E-commerce Platform
Magento officially started development in early 2007. The first public beta version was released seven months later, on August 31, 2007. Magento is a platform with PHP built-in, which helps programmers in building eCommerce websites. It was created using Zend Framework and released on March 31, 2008, by Varien. In February 2011, it was announced by eBay that it had invested in Magento in 2010 for a 49 percent ownership stake in the business. The remainder of Magento would be added to eBay’s new e-Commerce initiative, it was announced on June 6, 2011.
What is Magento?
Magento is a PHP-based open-source e-commerce platform. It also utilizes Symfony and Laminas, among other PHP frameworks. It is helpful for e- commerce. Its concept is modular and flexible. It is fully adjustable and has a wide range of control options, making it easy for users to create websites that are both user- and search engine-friendly.
Major Key Features
- Product management includes lots of images, optional comment reviews on products, a favorites list, and inventory.
- Magento offers a range of payment methods, including credit cards, Google Checkouts, PayPal, checks, and money orders.
- Using the admin panel, Magento makes it simple to manage orders.
- Magento offers product history and order status information. Also, it supports RSS feeds and email.
- Magento provides support for various languages, currencies, and tax rates.
- At Magento, the products are simple to find. It contains options like image zooming and verifying stock availability.
Advantages
- It is an easy element of online store software.
- Mobile devices such as tablets, smartphones, and other mobile devices are all compatible with Magento.
- In order to help the growth of an online store, Magento includes a wide range of extensions.
- Each visitor can make a payment using their preferred payment gateway due to Magento’s many payment choices.
Disadvantages
- Magento requires a suitable hosting environment. The user may experience multiple difficulties if the hosting environment is poor.
- The development of the customized feature in Magento requires more time.
- Magento utilizes more memory and storage space.
- Compared to other e-commerce websites, Magento is incredibly slow.
Magento 1 v/s Magento 2
Magento 1 has ordinary order processing speed, whereas Magento 2 has an excellent order processing speed.
Magento 1 has slower server speed and checkout. But Magento 2 has fast and efficiently responding servers.
The admin panel of Magento 1 is messed up as compared to Magento 2 which have a well-organized admin panel.
There are no additional security updates and patches in Magento 1. Magento 2 on the other hand, verifies security regularly.
Finding third-party support is challenging with Magento 1. It is simple to get third-party support with Magento 2.
Conclusion
With Magento, eCommerce companies and organizations can choose any hosted platform they want without being limited to a single hosting provider. Magento’s best feature is the idea that it attracts users well. Reference designs, headless commerce, segmentation and targeting, multi-site capabilities, and a page builder CMS are some of its features that aid in the building of visually attractive and useful website designs.
