In the rapidly evolving world of eCommerce, it’s important to pick a suitable platform for your business, especially when you are running one on a large scale. If that is the case, Magento Enterprise is an ideal open-source platform with powerful features.
What makes us think that? Read our detailed Magento 2 Enterprise review today and find your own answer!
Keep scrolling to get:
- An overview of Magento Enterprise Edition and its pros and cons;
- Magento 2 Enterprise pricing;
- A detailed feature review of Magento 2 Enterprise Edition;
- Things make Magento Enterprise valuable.
Right now, let’s read on and check them out!
A Glance At Magento Enterprise
What is Magento Enterprise?
Magento Enterprise (Magento Enterprise Edition – EE), or Adobe Commerce, is the Magento paid version. This solution was developed to satisfy enterprise-level business by providing a range of advanced features and functionalities. With this solution, you can own an online store with high security, varied customizations, and effective performance.
Magento 2 Enterprise has various versions; however, it’s ideal to pick Magento Enterprise latest version (2.4.7-beta2). It is simply because the latest version can bring the most comprehensive improvements from previous versions to optimize your business values.
Magento Enterprise pros and cons
Like other eCommerce platforms, Magento Enterprise also has certain advantages and disadvantages, including:
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What are the differences between Magento Enterprise vs Community Edition?
Besides Magento Enterprise, Magento also offers another solution called Magento Community Edition (CE). It is a free Magento version designed to support small-to-medium businesses. With Magento CE, you still get basic eCommerce features to make sales with your online business.
Below is our comparison table of Magento CE vs Magento EE to help you have a quick evaluation of the two platforms:
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You can also refer to our detailed Magento Community vs Enterprise analysis for an in-depth comparison.
How Much Does Magento Enterprise Cost?
In this part, we will answer the question: “How much does Magento Enterprise cost?”.
To start your business with Magento Enterprise, you must pay a license fee. It is an important Magento Enterprise cost since it legally ensures your right to work on this platform.
Currently, the Magento license fee is calculated according to Average Order Value (AOV) and Gross Merchandise Value (GMV). Here is the Magento EE license’s estimated cost based on annual revenue:
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Besides that, you’ll have to bear operational costs to bring the best experiences to your customers in your store. In particular:
- Hosting, domain, SSL: $500 – $2,000
- Third-party extensions: $0 – $5,000
- Backend development: $5,000 – $50,000
- Frontend development: $10,000 – $100,000
- Maintenance: $2,250 – $37,350.
Generally, the Magento Enterprise package costs at least $40,000/year to ensure your store’s perfect performance. With Magento Enterprise hosting, you can use Adobe Commerce hosting for $3,333/month, which includes domain and SSL fees.
A Thorough Analysis Of Magento Enterprise Features
#1. Ease of use
To open your Magento Enterprise storefront, you must have an FTP configuration and add Magento Archive to your hosted system. These setups sometimes require several technical skills, which can be challenging for non-tech users.
That said, Magento Enterprise Edition provides an excellent UI and a well-structured dashboard. You can easily find everything on the right sidebar, which is beneficial for your store management.
With Magento 2 Enterprise, you don’t have to worry about upgrading your store’s version. This solution will perform upgrades automatically, which helps you to save time and effort.
#2. Scalability
With out-of-the-box features, Magento 2 Enterprise has become one of the leading eCommerce solutions to grow your business effectively. From our experience, Magento EE can ensure checkout speed and support a huge number of orders without any interruptions.
Also, you will impressed by the fact that Magento EE hardware can handle up to 3.5 million views and 250,000 orders/hour.
#3. Themes
You can customize your site with a prepared Magento Enterprise theme or on your own. Or else, you can choose from 11 templates, both free and paid, in the Magento theme store. Based on the theme you choose, Magento Enterprise can charge you from $25 to $499.
In case you don’t find any proper templates for your store, you can work with Magento Associate or Magento designers to make your store’s display impressive and unique.
#4. eCommerce features
Regarding the Magento Enterprise eCommerce feature review, we will focus on the 3 following concerns:
Inventory management
With Magento 2 Enterprise Edition, it’s easy to track your store’s stock flow across channels and locations. You can do several tasks, such as configure pre-defined product templates, manage multiple sources, establish fulfillment reservations, etc.
To make your inventory management more effective, it’s recommended to activate advanced inventory options, including:
- Minimum Qty Allowed in Shopping Cart
- Maximum Qty Allowed in Shopping Cart
- Enable Qty Increments.
Shipping and delivery
This eCommerce solution offers you basic shipping methods, including free shipping, table rates, flat rates, and real-time rates. You can enable some or even all of these methods to bring the best checkout experience for your customers.
Regarding real-time quotes, merchants should use available carriers like DHL, UPS, FedEx, or USPS. Also, you can use other shipping services by adding new shipping plugins.
Checkout & payment
One of the most notable points in Magento Enterprise’s checkout is the ability to give out gift cards to your customers. Currently, you can choose from 3 kinds of gift cards, including visual, physical, and combined gifts. After having a gift design, you only need to enter the gift card code to publish it as a coupon.
In addition, Magento Enterprise allows you to use 2 payment methods: digital wallets and credit cards. To complete transactions, you can freely integrate your Magento store with reliable payment gateways like PayPal, WorldPay, or Braintree. More importantly, the total checkout process will be secured by PIC compliance (SAQ A-EP/ SAQ-A).
#5. Marketing
Similar to Magento CE, you have a right to set up cart and catalog pricing rules to drive conversion rates on your Magento EE site effectively. Additionally, this platform provides a well-structured and powerful marketing menu to manage SEO, promotions, communications, and user-generated content effectively.
Another essential concern of Magento Enterprise marketing is SEO functions. When running a Magento 2 Enterprise store, you should use redirects to control URL changes and restrict broken links. In this case, you can consider several useful tools to get the finest results, like Site Map, URL Rewriter, or Search Terms.
#6. Integration & extensions
Magento 2 Enterprise Edition provides 4,000+ extensions, including free and paid, with the 9 following concerns:
- Accounting & Finance
- Content & Customizations
- Customer Support
- Marketing
- Payments & Security
- Reporting & Analytics
- Sales
- Shipping & Fulfillment
- Site Optimization.
Many e-merchants also consider Magento 2 as a leading integration solution thanks to its high compatibility ability. Some of the best Magento Enterprise extensions you can add to power your store are WhatsApp Login, First Order Coupon, Multi Vendor Marketplace, Meta Extension, and Payment Services.
#7. Security
Magento EE offers users robust security solutions to maintain their sites effectively. This solution is PCI-compliant and connected to the Magento Secure Payment Bridge to ensure the safest level of security for your customers’ information.
With this version, Magento activates an advanced encryption standard through AES-256 and SHA-256, which is especially effective in restricting data leaking. To enhance your data security, you try one of the 3 basic methods below:
- Establish 2-factor authentication for your Magento store
- Set up a Security Scan for each domain
- Use reCAPTCHA and CAPTCHA.
#8. Customer support
Magento 2 Enterprise Edition impresses with excellent customer support. You can use 24/7 services to contact Magento experts directly for timely solutions. Plus, you can visit Magento Community forums to refer to useful tips from Magento documents.
Is Magento Enterprise Worth It?
Magento Enterprise is an ideal solution to gain your business sales significantly, especially for large businesses. With this solution, you can:
- Enhance your store’s security with PCI
- Promote your brand’s marketing plans with a range of advanced tools
- Optimize your cross-channel business
- Establish multiple languages and currencies to support worldwide selling
- Reach robust eCommerce features to gain business sales.
That said, the cost to run a Magento 2 Enterprise store is relatively high. Thus, you need to consider everything carefully to optimize your business scale and budget effectively.
Magento 2 Enterprise: FAQs
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Final Words
Our blog has had a detailed review of Magento Enterprise in 8 basic features, as well as its estimated cost. If you plan to expand your business with multiple channels or on a cross-border market, it’s recommended to use Magento 2 Enterprise.
LitExtension, the #1 Shopping Cart Migration Expert, hopes you will have wonderful experiences with Magento Enterprise Edition. Check out our LitExtension Blog or join our Facebook Community Group for valuable tips and tricks.