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Updated by Sarw Tanay on Jun 24, 2021
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Sarw Tanay Sarw Tanay
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Planning to upgrade from Magento 1 to Magento 2? Here’s what you need to know.

With Adobe declaring End of Life for Magento 1 by June 30, 2020, more than 250,000 businesses across the world are wondering what will happen to their Magento 1 stores.

Will they stop working?
The good news is – they won’t.

Your Magento 1 store will keep running as usual.

The important news you may not be aware of is – your store is no longer secure and is vulnerable to cyber-attacks and hackers.

1

Magento comes with its own set of issues

One of the primary reasons behind Magento’s popularity is its vast ecosystem of developers and implementation partners. This very structure has caused a lot of problems for Magento and its users, like vulnerability to hacking and malware, lack of support for original developers, etc.

One such incident was the Guruincsite malware, where Google had to blacklist almost 7,000 retailers who were using Magento, for the first 90 days of the breach.

2

There are better and affordable Magento alternatives

Given the challenges, it will be useful to research options. There are new-age platforms that are built to avoid the issues associated with Magento.

There are B2B eCommerce Platforms providers like BigCommerce, ewiz commerce, Shopify Plus, etc. who are on par with Magento in terms of technology. Some of these are even better when it comes to features and pricing. It makes sense to check out the alternatives as well before making a crucial decision like this for your business.

3

You are likely to end up spending up to $60,000 indirect costs, to upgrade to Magento 2. Not counting any indirect co...

You are likely to end up spending up to $60,000 indirect costs, to upgrade to Magento 2. Not counting any indirect co...

According to a thread on Magento Forum, migration for a typical Magento 1 store to Magento 2, with minimum third-party integrations can cost anything between $30,000 to $60,000.

Magento 2 cost comparison table
Table A (Image Source – Graybox)
Table A gives you an idea of the base price of the two editions of the Magento 2 platform.

4

It takes 3 to 5 months to complete the migration from Magento 1 to Magento 2

Magento has prescribed a process to do this upgrade yourself. But if you have customized your store and have integrated third-party extensions, the upgrade is not going to be simple or adhere to the prescribed process.

5

You will be dependent on multiple parties to keep your Magento 1 site up and running

Due to Magento’s complex architecture, you will have to commission an implementation partner to complete your migration from Magento 1 to 2 successfully. Even after your migration is complete, to keep your store up and running, you will be dependent on multiple parties.

6

There’s always the fear of Adobe withdrawing support for Magento 2

What if and when Magento 3 is launched? You may find yourself in the same situation again in the future. Why not instead get a platform which not only provides you with lifelong support but also gives you regular updates?

Some eCommerce platform providers even provide dedicated support packages. These packages help you in getting your queries resolved at a faster speed and you get more time to focus on your business.