Magento 2 is still a popular eCommerce platform, and in this Magento pricing guide, we’ll go through how much does Magento 2 cost to establish and manage a Magento store. Among a number of eCommerce platforms, Magento will not disappoint you with a wide range of functionalities, enhanced security mechanisms, and, most importantly, completely free customisation. Many merchants, though, wonder, “How much does Magento cost?” This includes the fees of purchasing a license, hosting alternatives, and other necessities for running a successful Magento store.
What is Magento 2?
Magento 2 is an open-source e-commerce platform developed by Varien Inc’s Roy Rubin and Yoav Kutner. Magento was first made available on March 31, 2007. It is a handy software for online businesses and the world’s largest E-commerce platform. Because of its sophisticated, scalable architecture, Magento 2 is the most popular CMS (Content Management System) for creating online stores all over the world. It is compatible with the most recent technology, such as PHP7, which implies that it loads faster than Magento 1. Magento 2 enables the user to automatically update the E-commerce website.
Magento 2 meets practically all online business requirements, such as catalog, inventory, customer, and order management, marketing and SEO assistance, different shipping and payment methods, and so on. Furthermore, Magento 2 users can freely alter source code and add third-party modules to personalize or extend default features.
Magento 2 is presently one of the top three most popular eCommerce platforms among the first million websites. Magento powers 8 of the top 100 well-known online stores. Magento 2 is now used by many large corporations like Nike, Samsung, Coca-Cola, and others. Magento 2 is popular among website developers because of its customizability, extensibility, and scalability.
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