The last 2 weeks have been full of great news, including successful application into the FCA Regulatory Sandbox and a successful seed round. Long ago, we openly announced our intentions to enhance our current online tools with additional modules regularly. Magento e-commerce platform is one such handy tool that can be used by small and medium-sized businesses when migrating to digital sales channels.
Magento is one of the top-notch platforms for e-commerce websites. Numerous businesses have enjoyed its helpfulness, usefulness and benefits. In a recent study, BuiltWith pointed out that Magento is the most common platform used for e-commerce. It tops the other platforms such as Shopify, WooCommerce, and BigCommerce. This platform has popularly been used in the UK, Netherlands, and the US. Globally, it is as well recognized as one of the best CMS and hosting for businesses. Magento was acquired by Abobe Inc in May 2018 for $1.68 Billion, thus, due to the scale, allows to Create engaging, shoppable experiences with Magento.
Let’s examine how the next-generation technology, global partner ecosystem, and extensions marketplace can breathe life into your business.
Many small and medium-sized businesses (SMB) use WordPress for their eCommerce needs, simply because it’s very easy and is available for free. However, Magento does provide these businesses with several benefits that may make it a better fit, especially if you’re looking for a pure eCommerce system and not a content management system. WordPress was designed as the latter, which makes it great for creating a full website with features such as a blog, but it’s not as powerful as Magento for eCommerce.
Whatever your commerce objectives, Magento has you covered. Enjoy rich, out-of-the-box features, an unlimited ability to customize, and seamless third-party integrations that address the unique needs of your business, across any industry. With Magento, you’re supported by a global ecosystem of merchants, partners, and developers, who will bring your commerce vision to life and offer eCommerce solutions for every need. Here are a few ways SMB can benefit from Magento.
A Better In-Store Experience Increases both Loyalty and Sales (pssst, this is something we thought off too, when building our JO1N omnichannel proposition )
Grow Your Business with Flexible Order Fulfilment More fulfilment options mean more sales. Reduce the operational cost of managing global inventory by turning your stores, suppliers, and partners into mini distribution centres.
Heavy loads may cause possible trouble. As Magento is run on PHP, one of the possible setbacks is heavy loading. There are instances that it takes time to load a product page and once it happens it decreases the credibility factor of the site.
Magento is a bit expensive. If you’re just a start-up, purchasing Magento can’t be a practical solution. Why? It is a little pricey. The costly expense may include maintenance, functionalities, updates, and plugins. The recommended enterprise edition is so costly, plus the fact that it is coupled with expensive license fees. You also need to pay an expert, if you’re not a “tech wiz” yourself, to install and set up the additional plugins and functionalities.
Using Magento is resource-intensive. This platform has been tested as robust and scalable. But it requires heavy-duty servers to make sure that it runs well. It requires intensive data storage capacity to optimize its performance. But this platform assures that once you meet this requirement, the monetary, resource-based, and time investments will become profitable.
Magento is an open-source platform that, like WordPress, is free to install. However, you’ll need to pay for web hosting (around $10 per month), security, and extensions. This will eventually increase the price to the level of competitors, such as Shopify, Instacart or even more.
Create an eCommerce website backed by powerful tools like Magento, bring your business online and it will help you manage your day-to-day, find customers and drive sales.
Magento offers lots of customisation options and is easy to manage on your own. Its unique features could be incorporated into an application or website in significantly less time compared to that on other platforms. Think of JO1N payment gateway integration; an experienced programmer is capable of completing the process in less than 2 hours.
To learn more about JO1N x Magento module integration, feel free to read our other articles and Magento installation guide.
See you in the next blog post.