Have you prepared your business for the dangers of Magento 1 End of Life?
Many companies are going to face the end of software support unprepared. Out of 185,158 Magento websites, only 62,384 businesses have performed Magento 2 migration. It means that over 130 thousand websites worldwide are putting businesses and customers at a constant security risk.
Multichannel eCommerce is gaining momentum.
Over 66% of online shoppers use a few channels for shopping. Having the representation of your eCommerce business through multiples channels boosts your chances of getting more sales.
The number of mobile purchases is growing rapidly.
In 2019, almost 44.7% of retail eCommerce sales customers made from mobile devices. By 2021, this number will grow to 53.9%. Statistics stress heavily on the importance of having a mobile-optimized eCommerce website.
Magento 1 End of Life doesn’t leave much time for M1 store owners.
Businesses need to make the decision before Magento drops the support of its platform. In just a few weeks, Magento 1 will become obsolete and websites running on the platform won’t receive updates anymore.
The Federal Bureau of Investigation made an official announcement. FBI says hackers have been exploiting a Magento bug first identified in 2017 that allows them to get access to buyers’ payment card data.
Every retail business should have an online store.
By 2023, retail eCommerce sales worldwide will grow to $6.5 billion.
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