Magento 1 End of Life: What Does it Mean for My eCommerce Store?

Magento Blog 1

More than two years ago, Magento announced that they were going to sunset a number of their Magento 1 eCommerce platforms*.

At the time of the announcement, there was a huge outcry from merchants using this version, so Magento delayed this until June 2020, that is now just 5 months away!

So, what does that mean for merchants who have built their eCommerce stores using these versions? It means that these versions will no longer be supported by Magento. Therefore, there are huge risks to merchants who stay on these platforms. Third parties may no longer support Magento 1's plugins. The bigger concern is that Magento will no longer be releasing security patches and your store is at risk of get hacked!

To make matters worse, there is no easy upgrade from Magento 1 to Magento 2, requiring a complete replatform (and no guarantees from Magento that at some point Magento 2 won't follow the same path as 1 and be sunset!).

Merchants have the option to look at different SaaS eCommerce solutions such as Shopify, WooCommerce and BigCommerce.

However, migration to a new platform comes at a cost. Redesigning a webstore is not inexpensive and can cost merchants between $50,000 - $300,000. In addition, replatforming can have repercussions on sales if rankings drop due to SEO on the new store needing to ramp up.

If those challenges (and costs) for merchants are not enough, they also need to consider other systems that run their business and are currently linked to their stores. If they have integrated their stores with other systems, such as their ERP or Warehouse Management, they will not want to replatform without reimplementing these integrations.

Any replatforming requires significant planning and resources in order for the move not to hurt the merchant. Store owners need to find a good web agency consultation partner who can consult with them on all aspects of the store rebuild. They need to find a partner who can recommend a platform team that is a good fit for the merchant - an agency partner who understands how to help them with integration. In many cases, agencies often partner with companies like Fisher who specialize in these types of projects.

Over the next few weeks, we will be publishing several blogs as a guide to merchants who need to re-platform, offering up best practices that they should consider. Our first blog will deal with integration. We will review who needs to be involved in an integration project and how important the consulting phase is to the success of these types of projects.

We will also tackle another key aspect of replatforming, which is improving business process. We will give insider insights into how to review the current process, advise who in the organization needs to be involved in the discussions, and discuss how to strategize to improve and realize greater efficiencies for the merchants.

Can't wait for the blog series? 

Let's Talk

 

* The following Magento Versions Support End Date is June 2020:

Magento Commerce 1 (Enterprise) V1.12 

Magento Commerce 1 (Enterprise) V1.13

Magento Commerce 1 (Enterprise) V1.14

 

Magento Open Source 1 (Community) V 1.7

Magento Open Source 1 (Community) V 1.8

Magento Open Source 1 (Community) V 1.9   

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