Magento Complete Guide: History, Facts, Usage and More

Magento Complete Guide: History, Facts, Strengths & More

Magento is the most popular e-commerce development platform in the world. You must want to know why Magento is so popular. Here is a complete guide on Magento.

Magento Overview

It’s an open-source framework used for online store development in the e-commerce industry. It gives traders comprehensive versatility to build an engaging store that supports unlimited products for shopping along with the shopping cart development and payment gateway integration for the top to bottom e-commerce solution development. It has all features and functionalities to provide complete control over the online store. It possesses an extensive range of features and extensions to aid you to develop an online shopping store. Magento was introduced in 2007, multiple versions, and updates are introduced since then.

Magento Getting Started

If you are thinking to become a Magento developer or you want to know more about it before using it for your e-commerce web development, you might want to know more about it.

The official website of Magento is the fittest origin spot to get started. The official Magento website has an extended catalog of a wide array of Magento extensions for both programmers and partners.

The best Magento development company can be your entrusted partner in your mission of utilizing Magento for your online store. The partner aids you to deliver a pleasant and engaging experience to your clients. Your Magento development company will assist you with top to bottom services to build an e-commerce web solution:

  • Store design
  • Magento configuration
  • Store customization
  • E-commerce web development
  • Integration and 
  • Deployment

On the Magento website, you can further review Marketplace, an inclusive list of all the Magento extensions developed by partners and programmers. Magento Community Forum is another rich source of information. Answers to all Magento questions and issues could be found at the Magento Community Forum. The community forum also has more resources such as:

  • How-to guides
  • Troubleshooting help
  • Frequently Asked Questions
  • And more

Magento has a proactive and helpful community. Moreover, there are many resources such as this complete Magento guide, articles, blog posts, websites, tutorials, and much more that benefit you with all the required information on Magento.

Magento Strengths:

Magento has grown to be the most well-liked ecommerce framework within very less time. In these more than a decade long journey, Magento has competed with many other open-source and proprietary eCommerce platforms, but still, it is the first choice for the major e-commerce development companies.

One of the major cons of many other ecommerce frameworks and platforms was the lack of versatility. 

With Magento development, e-commerce business owners can get benefitted from having a completely tailored online store as there are no constraints to build an online store with Magento. 

In summation, Magento is a robust, adaptable, simplified, and scalable solution so any business can build a custom e-commerce websites based on their requirements.

Magento History 

Inception

Magento had launched on 31st August 2007. It was founded by Yoav Kutner and Roy Rubin, who were formerly employed for Varien. Originally, Magento was invented to work as a part of the famous ecommerce platform, osCommerce.

The originator sensed that osCommerce couldn’t support all the features they desired in the latest solution. Hence, they split from it and developed a completely new e-commerce framework from scratch.

Magento Timeline:

 Aug 2007

Yoav Kutner and Roy Rubin launched the first version of it.  

June 2008

The primary community version launched as Bento.

April 2009

Magento gained popularity. Thus, the prime enterprise version got launched.  

2010

The most popular e-commerce corporation bought all stakes of Magento. Magento mobile got released.   

2012–14

Various revised versions with upgraded functionalities were released.  

2015

The most powerful version of it got launched, named, Magento 2.0. In November 2015, Permira bought all stakes of Magento.

2016

Multiple launches including: 

  • Magento Commerce Order Management, 
  • Magento 2.1 
  • Marketplace 
  • Commerce Cloud

2017

Multiple launches including: 

  • Magento 2.2
  • Magento Shipping
  • Magento Business Intelligence

2018

Adobe took over the ownership of Magento. Magento 2.3 got released.

2020

The latest version 2.3.4 of Magento was released.

11 Fascinating Unknown Magento Facts:

  1. 500,000+ Magento downloads were received within the first year of its launch.
  2. 250,000+ e-commerce stores are built on top of Magento. Some of the major e-commerce brands such as Nike, Samsung, North Face, Ford, etc. use Magento based online stores.
  3. 800,000+ worldwide members are Magento community members. 
  4. Magento is available in 11 different development languages.
  5. 13,507.099 lines are part of the Magento source code.
  6. The Magento Source code has over 13,507,099 lines of code and is written in over 11 programming languages.
  7. On Google, the “Magento” word is searched more often than “eCommerce”.
  8. Magento offers ecommerce traders the privilege to build their e-commerce web store as per their precise specs. Though, it requires Magento development familiarity to build an online store. If you do not know Magento development, no problem! You can take the service of a reliable Magento 2 development company.
  9. It is one of the most multi-faceted e-commerce web development platforms because it is open-source. It can be used to build any type of online store cost-effectively as its code is available for free.
  10. Magento owns its headquarter in LA, but its major development was done in Ukraine. Yoav Kutner wanted to have an in-house team in LA. Interestingly, he was approached by a remarkably skilled Ukrainian developer, who then introduced Yoav to another master Ukrainian developer. Thus, the code appeared to be developed in Ukraine.
  11. Originally, Bento was the name of Magento. However, because of trademark disputes with FileMaker Inc, they replaced the name Bento with Magento. The term “Magento” is a blend of the terms Mage and Bento. The term “Mage” means “Wizards” in the cult role-playing game, “Dungeons and Dragons.”

Top Magento Characteristics Which Make It the Best Ecommerce Platform:

Community and Support

Magento has a proactive community with worldwide experts. The community members offer quick and useful support. 

Magento Marketplace

It’s the most extensive marketplace to meet every requirement of the online shopping store. To personalize your store, you can find themes, templates, extensions, and what not on the marketplace.

Engaging Design

The Magento Marketplace has numerous themes, designs, and features that aid you to personalize the UI and UX UX of your e-commerce store. You can find the best design with a template available for free or at cost-effective rates.

Advanced Feature and Functionalities

Magento is the most popular ecommerce framework which has advanced features and functionalities. It has top to bottom features to empower e-commerce industry. From personalized customer experience to analytics, inventory management, custom shopping cart development, SEO, and much more is available with this e-commerce platform.

ERP Integration

Magento is a very flexible platform. It supports the integration of all third-party ERP solutions such as NetSuite, SAP, etc.

Effective Product Management

This is one of the greatest advantages of Magento. It provides you absolute command over product properties. You can set fields and list your products the same as you do in a traditional brick and mortar store. 

Buyers can then refine and hunt products as per their precise necessities, assisting them to find their required merchandise on their fingertips.

Full Inventory Management

Online store management might not be just time-consuming but also tiresome. Magento makes the online store management simplified, by giving you all controls at your fingertips. All the required information such as out of stock inventory, in-demand products, etc. are easily available.

User-friendly Payment Options

Magento provides full autonomy and adaptability in choosing payment models for your buyers. Simplified registration, simplified registration, single-click payment, checkout without registration, COD, multiple payment options, etc. are some major pros of Magento as an e-commerce platform.

Magento 2 is amazing in reducing cart abandonment ratios and increase conversion rates. 

Data Protection and Overall Security 

E-commerce business stores a lot of customer information, transaction data, payment information, and more. Thus, data protection and security are major concerns of any online store. A right Magento development company can build a secure online store for you. The aspiring Magento developers can take advantage of the Security Center.

Digital Marketing Friendly Stores

Magento allows you to integrate major third-party digital marketing tools with your online store. This aids you to enhance and intensify your digital marketing campaigns efficiently. With exceptional functionalities and features of an online store built with Magento development, you can increase sales by cross-selling and up-selling.

From a small startup to a Fortune 500 company can take advantage of Magento. 

Magento 2 provides you full command over your online store from the idea to deployment. With Magento, you can prevent compromising and begin concentrating on your bottom line.

Magento gives all the distinctive features and functionalities to furnish you with a stellar e-commerce solution to stand out among all online stores.

If you need the help of the top Magento company, we can help you with our Magento proficiency. Get in touch to discuss more.

About the author

We are an IT company offering top class VoIP, web, and mobile app development services and solutions. We have various call center solutions to offer along with other comprehensive unified communication solutions and eCommerce web stores.

Leave a Reply