Which Magento Edition suits your eCommerce Business Community or Enterprise?
As technology is revolutionizing our daily lives, it is becoming more and more mainstream at a rapid pace. This has opened many avenues for businesses to become digital enablers. It has changed the way people behave while shopping as most people now prefer to shop online from the comfort of their homes. A survey predicted that online shopping will be:
15% of all global trade
55% of people will shop online
$200 bn eCommerce Industry
This is ensuring that businesses create an online presence as in the way of eCommerce Websites and Portals. There are many technologies and platforms to create an online presence. But the best of them is Magento eCommerce Platform. It provides the necessary tools to develop and run eCommerce stores. Magento solutions for businesses are available in two editions depending upon the business size, customer segments and requirements.
Community Edition (Magento Open Source)
Enterprise Edition (Magento Commerce and Commerce Cloud)
We will study the differences, Pros and Cons of each edition that suit business requirements in this blog to see which Magento edition Community or Commerce is suitable for your eCommerce businesses.
Magento Community Edition (Magento Open Source):
One of the biggest reasons for Magento’s popularity for eStore development is its open source coding. It provides community edition for Free of Charge to small businesses to manage their inventories and advertise products online along with their choice of hosting environments.
Pros & Cons Community Edition
Pros of Community Edition
Cons of Community Edition
No Licensing Costs
Security and Feature updates available
Setup and Maintenance is upon the users
Limited Community Support
No dedicated support from Magento
Magento Enterprise Edition (Magento Commerce and Cloud):
This is a flagship of Magento Edition. It is available to set up on both On-premises and on-Cloud. It has a wide range of advanced features that aid large businesses and enterprises for eCommerce Portal Development and maintain them with ease.
Also, Magento’s Cloud-hosted version is available on AWS environment and very soon it will become easy to integrate with Adobe Experience Manager. It takes care of both hosting and infrastructure management and support for the clients.
Pros & Cons Magento Enterprise Edition
Pros of Magento Enterprise Edition
Cons of Magento Enterprise Edition
Exclusive features which are not available in the community edition
Dedicated account manager assigned for support
Provides great performance for high-traffic sites
Enhanced security with payment gateways (PCI-compliant)
Recurring licensing costs
Steep pricing (licensing starts from around $22k per year and increases based on the merchant’s turnover)
Requires Expert Magento Developers for Setup and Maintenance
Why Enterprise choose Magento Commerce over Community edition?
The Community edition is ideal for small businesses and startups looking to set up and run their online presence. It requires minimum expertise of Magento and can also work as a CMS for their products. This is where products like Commercium can boost businesses with their ready-to-deploy solutions.
Large organizations and enterprises have different requirements. They need eCommerce solutions to create, manage and maintain large content and data. Moreover, their inventories and logistic needs also are different from small businesses and for that, they require an integrated Enterprise Content Management System that can help them manage their suppliers, shippers, customers and partners on a single platform.
What are the advantages of Magento Enterprise (Commerce) Edition?
Magento Commerce has many exclusive features that are built to provide exceptional user experience to all the stakeholders.
It manages a higher number of visitors on a website by providing lightning fast shopping experience. Magento has provisioned three different databases, each catering to a specific module of Product data, Orders and Checkouts. This prevents your webstore from becoming sluggish in a high-traffic shopping environment.
Searching is the fastest way a customer gets to the desired product. If the searching is slow, a dip in sales is expected by eCommerce stores. With increasing inventories of products, integrating a relevant search function is essential. Elastic Search helps businesses with speedy search retrievals by indexing products with varieties of algorithms. It also provides contextual suggestions for unexpected search queries from unique customers.
Magento Commerce supports Elasticsearch out of the box and helps store owners to be up and running with the best search available in the market today.
Understanding your customer is essential in eCommerce business and their segmentation depending upon their age, group, demography, past choices and many other filters. Customer segmentation is needed to provide a personalized shopping experience. It helps in creating targeted promotions, pricing, and other sale strategies.
Magento Enterprise edition is equipped with B2B features that eliminate the need to install and customize complex extensions for better management. It has in-built account management, buyer management, role-permission metrics, custom catalogs, price lists, order forms, requisition notes, quote generation and many other approval systems that are needed to run a vast and complex online eCommerce business.
Since AWS cloud runs the Commerce edition, it alleviates you from server downtime and maintenance time worries. The state-of-the-art infrastructure dramatically enhances the performance of the web store. Built-in CDN support helps to compress images and accelerates page load speeds to the next level.
The visual merchandising allows you to optimize the product category pages with a simple drag and drop interface. This makes it easy to customize pages as per your branding and customer preferences. You can also apply various sorting rules, which will let you organize your category pages by various variables: bestselling products, colors, newest products, and more.
Magento Commerce (Cloud) is a certified Level 1 Solution. Customers shopping from your store can have peace of mind and don’t have to worry about online transaction frauds since it meets the compliance standards for financial authorities across the globe.
Enterprises and large businesses have greater needs and require extensive customizations for their marketing, sales, and promotions due to their large inventories and partners. Magento Enterprise (Commerce) Edition fulfills all the criteria to become the best eCommerce platform to provide robust growth and increase efficiency and sales.
KNOWARTH is the one-stop magento eCommerce solution provider for all Magento development needs, with a rich experience in developing smart and robust e-commerce development websites. You can connect with us for solution consultation with your requirements.
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