Magento is a versatile CMS & E-commerce platform. It opens up a new world of limitless possibilities for all those entrepreneurs who wish to create professional looking online stores to grow their business easily in all directions. Launched in 2001, this feature-rich E-commerce platform comes with a number of features and functionalities, empowering people to control their E-commerce sites with high level of confidence and offer a pleasing shopping experience to customers.
As a matter of fact, Magento has observed several ups and downs since its incarnation. Today, we will contemplate some interesting facts about this highly appreciated E-commerce platform. Just read them and know the exact reasons behind its rapidly soaring popularity-
1. Magento is The King of all E-commerce Platforms
There are a number of E-commerce platforms. But, Magento is prominent among all of them. Currently, it powers around 29.1% of all E-commerce websites. There are 514,602 Magento websites and their numbers are growing with each passing day. Because of its reliability and great functionalities, major business brands (such as Coca-Cola, Ford, Nike, etc,) use this platform prominently.
2. 9000+ Extensions
Different types of Magento extensions are the real power of Magento. It allows E-store owners to extend the features and functionalities of Magento stores to easily meet the growing needs of customers and E-commerce business. Currently, on the official website of Magento, there are more than 9000 Magento extensions and their numbers are multiplying rapidly. You can also get useful Magento extensions from third party Magento developers.
3. Available in 3 Versions
Magento is available in 3 different versions-
- Magento Community Edition – Free
- Magento Enterprise Edition- Premium and
- Magento Go (Premium and the website is hosted on Magento’s servers)
The Community Edition is widely used by the people willing to have a dominant presence in E-commerce world. The best thing about this platform is that you can easily tweak the source code to create the website you want. Furthermore, new versions of Magento keeps coming out in the marketplace from time-to-time, allowing you to upgrade your website to the latest version. It makes your site more user-friendly and prevents it from all security threats.
4. Freedom to Run Multiple E-commerce Websites With One Back-End System
It’s the biggest plus point of Magento. While using other E-commerce platforms, you can’t run only one E-commerce website on one system. But, with Magento, you can easily run many E-commerce websites with the same back-end.
While operating different E-commerce websites through a single backend, you can have separate domain names for each site and can design them independently.
5. It Consumes a Lot of Resources
You can download and use the community edition of Magento free of cost. But, If you want to operate a fully-fledged Magento website, you will have to spend a considerable sum of money on purchasing domain names, web hosting, extensions & add-ons, payment gateways, hardware, hiring a team of Magento developers and IT security experts.
When it comes to the cost of operating a Magento website, it is very difficult to tell an exact price tag. Depending on your aim and volume of E-commerce business, website operating cost keeps fluctuating.
6. Magento Enterprise Displays Results For 4 Million Page Requests in an Hour
Magento is famous for its scalability. When you run a big online store, you come across a number of situations wherein your site gets lots of traffic and you urgently need to increase its capabilities for numerous products pages & categories. Magento can perform this task easily, allowing you to handle the huge influx of traffic to your site without facing any difficulty. You will be surprised to know that Magento enterprise handles 4 million requests in an hour and displays results for that.
7. Very Challenging For Beginners
Although, Magento is quite popular among e-retailers. But, operating a professional Magento site is not an easy task. It presents a lot of challenges for beginners. If you want to create and operate Magento sites successfully, then you need to learn a lot of skills. Some of them are:
- An excellent command on different programming languages.
- AJAX Technology.
- Computer Operations.
- Remote Access.
- File Uploading & Downloading (FTP).
- Awareness about the changing trends of Digital Marketing.
- Merchandising skills.
- Magento file structure.
- Zend Framework, etc.
8. EBay Purchased Magento in $180 Million
eBay, a multinational E-commerce company, acquired Magento by paying a massive sum of $180 million. It shows the popularity of Magento and clearly tells why E-commerce website owners are crazy about this robust platform.
9. A Great Relief For Coders
Ask any web developer (who does coding work to create websites and its pages) about the complexity level of coding. As the World of Internet is changing rapidly, coders have to toil a lot to do smart coding for creating awesome websites.
You will be pleased to know that Magento is built with Zend framework. This technology supports the object-oriented programming and all conventions of model-view-controller architecture. It allows coders to write clean codes easily and maintain them without facing any difficulty.
If you want to create a virtual storefront and sell your products online, you may go for Magento CE. When your E-commerce business grows, you can revamp your site based on your needs. The above-mentioned amazing facts reflect why Magento is so popular among E-commerce business operators.