Magento and Shopify are two popular e-commerce platforms where businesses can create, manage and maintain online stores. If you are a business looking forward to running your business by using either of the platforms, you must first weigh pros and cons of both. In general, you need to pay to use Shopify whereas for Magento, you don’t need to pay, but it requires you host, setup and configures everything by yourself. The latter is open-source software that requires programming skills for you to be able to use it. Since only choosing the right e-commerce platform will help you to succeed, here are the things one should know about both Magento and Shopify before you decide one of them as the most suitable for your business:
Shopify and Magento development possess robust user interface design that is easy and intuitive to use for anyone who wants to run their online store. However, one must not ignore the fact that it is only Shopify which possess wizard mode with the help of which even a novice can set up stores without requiring any high technical skills like web development or programming. Therefore, unless you possess those kinds of skills, you won’t be able to create your online store by using Magento.
For both Shopify and Magento, you must pay different amount of fees. There are different kinds of fees included with each platform such as monthly fee, setup fee, transaction charges and bandwidth charges. Regarding setup fees, only Shopify will need you to pay after 14 days trial on a monthly basis according to the kind of plan you choose (generally, it ranges from $14 to $179). While using Magento, you will need to pay for hosting which ranges $5 to $100 per month. However, you might also need to pay bandwidth charges to your hosting provider. Similarly, speaking of transaction fees, there is no extra transaction fee for using their payment gateway in Shopify but for Magento, you only have to pay charges for the kind of payment gateway you choose to use. Besides, although both Shopify and Magento offer free themes, both also have premium themes.
3. Inventory Management
Except for Shopify Starter plan which offers you to store 25 items at max, all of its other plans offer you to store unlimited items. On the other hand, you can virtually add as many items as you want in Magento unless your hosting and loading speed is performing poorly. With Shopify, you never have to deal with managing hosting issues on your own.
Both e-commerce platforms have a large gallery of free and paid templates that you can choose from your online store. The difference is that Shopify’s free themes are lesser in number but more contemporary in nature, unlike Magento free themes which are more in number but less present in nature. But if you want to go for a premium version, Shopify is going to charge you a lot higher than Magento. The dividend rate of Shopify templates starts at $80 and Magento templates at just $1. It is a something all businesses might want to consider as the difference is huge.
5. Apps & Extensions
Apps and extensions are extremely helpful to increase the functionality of your online stores. With Shopify, you can get more than 100 apps and extensions. But if you choose Magento, you are lucky because there are over 5000 apps and extensions available for the community-driven platform. Both paid and freed apps/extensions are available for Shopify and Magento.
6. Multiple languages
Magento, being an open-source or community-driven platform, has an inbuilt system to support multiple languages. Shopify can be less disadvantageous regarding multiple language support system as it requires you to install third party extension to enable the feature. Alternatively, you can custom code your theme by using your technical skills to add it.
Both online store platforms have customisation capabilities which can be enabled by editing HTML/CSS code. By customisation, it means to design and functionality of your online store. If you are looking for a more convenient way of customisation, Shopify might be a better option for you since it has the wizard mode that allows you change features quickly. But if you are looking for more customisation capabilities, you need coding skills to edit the source of Magento to modify it the way you want. Customisation is one of the highly desired skills of many businesses as it gives them the flexibility of customising brand in unique ways.
Shopify and Magento have widely used e-commerce platforms with their pros and cons. If you are a tech-savvy person, Magento might be the best option for you as it is free and you can modify it the way you like to meet your business needs. But if your emphasis is on convenience, Shopify is there to help you will fully manage platform, but you have to pay for it after the free trial period. So it is up to you to decide which one is the best one for your business depending upon your need and priority.