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The comprehensive guide to Magento 2: Find out everything about the functions, costs, advantages, and disadvantages of the online store system

In this detailed guide, find out everything you need to know about Magento, the powerful e-commerce platform, and discover why it is one of the leading solutions.

Introduction: What is Magento and why is it relevant?

Magento has established itself as one of the leading platforms for building online stores and offers companies worldwide a powerful and flexible e-commerce solution. With almost 250,000 online stores operating worldwide, Magento is a serious alternative to other well-known platforms such as Shopify, Shopware, and WooCommerce. With help of Magento website development services you can create and set up an online shop on Magento.

In this comprehensive article, you will learn everything you need to know about Magento Commerce and Magento Open Source, as well as the features available, which are ultimately all about online sales success.

We will highlight the differences between the two versions and help you choose the best option for your business. Furthermore, we will show you how to set up a Magento store and which essential functions and extensions you should know to ensure optimal performance and a perfect shopping experience for your customers.

No matter whether you are about to enter the e-commerce sector or want to take your existing online store to a new level. In this article, you will learn its features, pros and cons, and how it can help boost online sales success.

Facts and figures about Magento

Magento in figures: A success story

Magento has established itself worldwide as one of the top platforms for building online stores. According to builtwith.com, 239,459 online stores operate with Magento, making it one of the top 3 most-used e-commerce platforms. The store system covers around 0.9% of all websites worldwide (source: builtwith.com).

Magento processes transactions worth over 155 billion dollars annually. (Source: Magento.com) Statistics show that the digital commerce platform generates transactions with a gross merchandise volume of more than 155 billion dollars annually. In absolute terms, this is more than a third of the volume generated by the 1000 largest e-retailers in the USA and Canada.