As a Magento B2B eCommerce business, you have different needs than B2C companies. If you already run your online store through Magento 1, an upgrade to Magento 2 is likely in order. The updated features, enhanced B2B functionality, and extended support options make migration from Magento 1 to Magento 2 the best choice for B2B eCommerce businesses.
Magento 1 vs. Magento 2
Both Magento 1 and 2 are versions of the same eCommerce platform, and they have many of the same features. Between the two, you can expect to find the same customization capability, access to open-source developed extensions, and flexible out-of-the-box tools that let you create an appealing and highly functional eCommerce website. However, while B2B businesses can make Magento 1 work to their advantage, Magento 2 has even more features that help meet the needs of B2B stores, whether they focus solely on serving other businesses or they also engage and direct to customer sales.
Signs It’s Time to Migrate from Magento 1 to Magento 2
As the upgraded version of Magento 1, you’d likely already expect Magento 2 to be the superior platform. Magento 2 overall has much higher levels of performance, being capable of faster page loading speeds and less time to process checkout, both of which allow for more orders per hour. It also has advanced security features. If you find your Magento B2B store is falling behind in any of these areas, then it’s time to make the upgrade.
Aside from these overall improvements, Magento 2 also has many more tools and features geared toward B2B companies. Some of these features include company account management, requisition lists, quote engine, customized catalogs and price lists, and credit purchases for your B2B customers. With these features coming as part of Magento 2, you’ll be able to much better build your store to serve your B2B customers.
The Time and Cost of Migrating
Migrating your Magento 1 to Magento 2 is somewhat different from migration between different platforms. However, the process will take time to complete and ensure that all your existing Magento extensions and tools make the change from one version to the next. You are likely to need between three to six months for migration, especially if you have multiple aspects of customization you need to update in the process.
The cost of your project will vary based on the efficiency of your team and their experience working with Magento migrations. If you choose to upgrade from Open Source Magento 1 to Magento 2 Commerce Edition, you will also see additional costs. Top Magento agency Forix can conduct a site evaluation to help you best determine your site migration costs based on your website goals.
Forix has helped numerous B2B businesses migrate their stores to Magento 2, and we know how to handle your store in the best possible way. Whether you work solely in B2B or combine your sales with B2C, we can ensure your updated Magento website takes advantage of the latest features to bolster your business. Feel free to drop us a line to hear more about how your website could benefit from a migration. Implement Adobe Commerce Cloud on your eCommerce website with the help of Forix.