The 2020 year end shopping season is approaching, and millions of shoppers are waiting for the perfect opportunity to explore different options over the eCommerce stores for the latest deals. People are taking a keen interest in online shopping amid the COVID-19 pandemic and the volume will grow at a rapid rate without any doubt throughout the year-end shopping season. A study by a reputed marketing firm found that 40% of consumers are waiting to make most of their holiday online purchases. This huge number of buyers will bring numerous challenges for online merchants. The most popular one is to ensure remarkable performance and optimized customer experience.
There is also a threat of data breach as it could give hackers the opportunity to exploit your website. As per a study, 30% of consumers revealed they would stop purchasing from an online website after a breach. To address these challenges Adobe has released the latest version of Magento. With the latest security features and the tools to continuously update their websites, Magento 2 Development Services can help merchants enhance their sales during the year-end season. We suggest all E-commerce merchants adopt this latest version as soon as possible for remarkable results.
Features of Magento CMS for E-commerce Brands
1. Performance Optimization
The E-commerce store sales depend on the performance and with the integration of Magento 2.4 several benefits can be availed of.
- An advanced customer data section
- Advanced SQL queries
- Better speed of product order with faster add-to-cart
- Fast Redis performance for less CPU consumption
- Faster reorder and checkout
- Improved page loads during a surge in traffic volumes
- Improved lazy loading for images
2. Streamlined Shopping
Serving customer’s requirements 24/7 plays a crucial role in E-commerce success. Take consultation from Magento eCommerce Development professionals to take your business to new locations. You can reach both businesses and consumers from a single platform. Provide responsive services to your customers wherever, & whenever, they like to buy.
- PWA Studio
- Global Expansion
- B2B E-commerce
- ERP Integration
- Amazon Sales Channel
- Mobile Commerce
- Headless Commerce Architecture
3. Smooth Operations
With the lack of efficiency, automation, and innovation it is tough to compete in the modern world of the E-commerce landscape. The Magento E-commerce makes it simple for the vendors to transform into, and work as an effective, data-driven organization to enhance their business.
- Order Management
- Business Intelligence
- Streamlined Shipping
- Inventory Management
- Customer Service
4. New Media Gallery
The new Magento update version has made it simpler to build an outstanding content-driven methodology. In both paid and Open Source versions, sellers can enjoy the advantages of a redesigned Media Gallery with top-rated performance. With Adobe Stock integration the online store performance is enhanced to 30 times faster. Also, Magento Developer integrates features to provide controlled access to the Media Gallery to make the whole process more protected. New Media Gallery comprises image attributes to search and filter images with ease.
5. Purchase Approval Workflows
Magento 2.4 is recently released for the merchants & developers with a new approval to improve the B2B buying experience. It offers brands a feature to manage their buying process for approval with a simple form. Approval limitations rely on the number of order value, SKUs, or shipping costs. It is easy to take the assistance of experienced Magento Developers to build rules to achieve higher flexibility. A common scenario for the same is when the limit is set on the purchases for junior authorities then the transactions above this limit will require approval from the higher management.
6. Quality & Performance
The release of Magento 2.4 includes numerous enhancements for quality performance that support holiday readiness. Highlights comprise:
- With Vendor Bundled Extension integrated with Page Builder, helping marketers to easily embed pages and forms to any storefront page.
- Numerous improvements are made, including a 20% reduction in CPU consumption and a 10% reduction in the network transfer size between Magento and Redis.
So, these are some of the major features integrated into the latest Magento version.
Wrapping Up
As the year-end shopping season is approaching in a few days, vendors are looking for the best e-commerce website to engage potential buyers. The features offered by Magento theme development are completely innovative to implement and bring desired business results in terms of higher sales, ROI & revenue.
Frequently Asked Questions
What is Magento CMS used for?
Magento is an open-source e-commerce development platform that provides online merchants amazing shopping cart system, as well as control over the look, content, and functionality of the online store. Several remarkable improvements have been done from the earlier version in terms of strong marketing, search engine optimization, and catalog-management tools.
Why E-commerce is a good business?
There are several great reasons to start an E-commerce business. If you’re interested in being your own boss and selling products you are passionate about, it’s something worth considering. If you want to speed up the process, you could even buy an established business instead.
How does Magento CMS work?
Magento CMS empowers store owners with better speed and enhanced productivity. Featuring over 50% faster page load speeds across catalog and checkout pages, performance lies at the heart to enhance the customer experience and grow the conversion rates. In addition a secure payment mechanism is offered to the users.
What is Magento Marketplace?
Magento Marketplace is the next-generation app store offering merchants a tailored selection of solutions and offers skilled developers the tools, platform, and prime location to build a growing business.