What Does Magento 1.0 End Of Life Mean For Your Online Business?

The digital marketplace is an environment that is continuously in a state of development, so what does Magento 1.0 end of life mean for your E-commerce? Platforms such as Magento continue to play a crucial role in how online businesses market themselves.

In particular, Magento 1.0 has been the e-commerce platform of choice for a significant portion of businesses since it was first introduced in late 2007. The system has undergone multiple updates throughout the last decade – but the biggest of these developments was the release of Magento 2.0 in November of 2015.

Although this new version has been on the market for nearly four years, Magento 1.0 is still the more popular choice. It’s no surprise then Magento’s announced that version Magento 1.0 end of Life would be reached by June 2020 (making it no longer available for use) has ruffled some feathers. Here’s all you need to know about what Magento 1.0 transition to Magento 2.0 means for your e-commerce site.

Do You Need To Upgrade Magento?

Now that you know Magento 1.0 end of life will be reached soon, we have good news for you and your business.  Magento will continue to support this version while users decide on what to do next, until June 2020. This is true for both Magento Commerce 1 (previously Enterprise Edition) from version 1.9 to 1.14, and Magento Open Source 1 (previously Community Edition) from version 1.5 to 1.9. The continued support and security maintenance will include updates – but won’t extend to third-party extensions or custom additions.

With this in mind, if you intend to continue using Magento beyond June of next year, it makes sense to consider upgrading before the time runs out. The sooner you make the switch, the better as you’ll be able to detect bugs and glitches quickly and have them fixed at your own pace. Your business will be able to continue relatively uninterrupted while allowing you to make the most of the new features.

Why You Should Upgrade To Magento 2?

The biggest reason to upgrade to Magento 2 is simply for support and security post 2020. Magento will not be maintaining, upgrading or supporting Magento 1.0 any longer. This means security vulnerabilities and exploits that are found by malicious hackers will make your Magento 1.0 very insecure. This, in turn, means that your shop might be defaced, destroyed, or even worse, confidential information from the website leaked. Inevitably developers who make ‘extensions’ on your Magento 1.0 store will also stop supporting and maintaining this platform – which means your shopping cart functionality might eventually ‘just stop’.

magento 2.0 logo

If you need more of a reason to upgrade to Magento 2.0+ here are several key benefits:

  • It’s Faster, Magento 2.0 is almost 40% faster compared to Magento 1.0.
  • It’s Responsive, Magento 2.0 websites are responsive out of the box. No custom programming required to make your website mobile and tablet friendly.
  • Email Automation, Magento 2.0 has email marketing functionality baked into it. No need to pay for extra expensive Email Marketing tools.
  • It’s Upgradable! To update and maintain Magento 2.0. You no longer need a dedicated web developer to keep your shopping website secure and up to date.

Partner Up With eCommerce Experts To Make The Right Moves On Time

While accessing Magento is easy, optimising your use of the e-commerce platform requires some expert input. Consequently, If you’re not sure how to go about transitioning from a version 1 site to a version 2 one, it’s time to start consulting someone you can trust. Contact iOnline to learn more about making the changes with minimum impact on your business.

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