2020 is the year to look out for eCommerce

According to a recent report, eCommerce sales are projected to grow around 6.54 trillion in 2022. With the advent of the new decade, businesses should change or improve their services to address customer expectations and meet the demands of modern users.

By the end of 2019 (according to data from Statista) the global eCommerce market had sales reaching $3.5 billion and represented 14% of the total share of global retail sales. 

Statistica

While eCommerce has seen a marked rise over the last few years, this decade will see the adoption of eCommerce businesses like never before. The growth of technology will aid considerably to eCommerce retailers leveraging their products like never before.

Why should you migrate your online store from Magento 1 to Magento 2?

Magento has always been one of the biggest players in the field of eCommerce. Its popularity is evident from the fact that countless businesses still work on Magento. However, technology does not remain stagnant and is continuously going through upgrades. At the end of 2015, Magento released Magento 2 as the latest version of the Magento eCommerce platform. Many decision-makers back then felt that the migration will not yield any significant results but are now left in a quandary because Magento will be withdrawing all support services of Magento 1 from June 2020.

Magento 1 to Magento 2 Migration: Reason, Process and Cost

What if, one fine morning you come to know that Magento is ending support for Magento 1 finally in a week or two? Will that not be shocking for you? Will it not interrupt your business? Will, you not regret migrating your store to Magento 2 yet?

By June 2020, Magento 2 was supposed to have the entire migration process completed, but they had to delay it due to some resistance from within the industry. Now, Magento has announced that they would give an 18-month notice prior to revoking the Magento 1 support.

Why Upgrade Your Magento Store Now?

Is Your Store Upgraded to Magento 2.2.3?

To stay competitive is to stay updated. If your store isn’t updated yet to the latest version of Magento, you're very likely to fall behind the competition.

In the latest version of Magento 2.2.3, security aspect is mainly emphasized. It is for assuring current trend in online shopping worldwide. Like everyone, Magento also observes in-store transactions need to be foolproof as well as customers’ data has to be fully encrypted. Some features which this version brings in can drive growth of a store like never before, enhance operational efficiency of a store and help a store stand out in the competition.