A Deep Dive Into Magento 2 Review: Features, Extensions, and Pricing

 



Being used by giants such as Coca-Cola and Nike, Magento 2 is gaining a lot of popularity and coming to the forefront of the eCommerce landscape. It is a versatile and scalable platform that empowers online businesses to take their stores to the next level. If you also wish to leverage its power, you can hire a Magento development company to start reaping its benefits. 

However, before getting started, you must consider a few factors such as features, pricing, extensions and security of the platform. This blog will give you a detailed review of Magento 2, wherein you will get a clear understanding of the platform. Let’s dig in!

What Makes Magento 2 an Excellent Option for eCommerce Stores?

Here are a few factors that you can consider before opting for Magento 2 for your online store:

Features

Magento 2 enables you to provide a faster page-load time when you integrate Hyva theme extensions into your stores. Additionally, it offers the following features to help businesses enhance their overall store operations: 

  • SEO and Marketing

  • Site Management

  • Personalized Order Status

  • Related Products 

  • Order Management

  • Customer Groups

  • Call-center order creation

Pricing

Magento 2 provides two editions, namely Open Source (free version) and Commerce, to support businesses in manifold ways. The Magento Commerce Cloud is a cloud solution that offers more features than Magento Commerce. 

The below table will help you understand the pricing structure of Magento 2:

Gross Annual Revenue

Magento 2 Commerce

Magento 2 Cloud

< $1,000,000  

$22,000/year  

$40,000/year

$1,000,000 – $5,000,000

$32,000/year

$55,000/year

$5,000,000 – $10,000,000

$49,000/year

$80,000/year

$10,000,000 – $25,000,000

$75,000/year

$120,000/year

>  $25,000,000

$125,000

$190,000

Extensions

As far as extensions are concerned, Magento edges past other eCommerce platforms. It has a rich marketplace of free and paid extensions encompassing every field, from marketing, accounting and finance to customer support, payments and security. Moreover, you can easily integrate the Magento 2 PWA extension to give a mobile app-like experience to your customers. 

Security

Magento 2 is developed to ensure the highest level of security for websites. The platform provides regular updates and patches to maintain optimum security levels. The Magento Commerce websites adhere to the PCI (Payment card industry) compliance standards. However, the Open Source edition may require you to comply with PCI standards and obtain an SSL (Secure Sockets Layer) certificate.

Final Thoughts

To wrap up, Magento 2 is indeed a prominent eCommerce platform designed to meet the requirements of various business sizes. With its out-of-the-box features, you can have an excellent store to carry out different operations and provide exceptional customer shopping experience. To ensure smoother access to data and prevent accidental loss of vital information in your store, it would be best to integrate the Magento 2 Cloud Backup extension. This type of integration helps avoid disruptions that may hamper your business’s workflow.

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