How much is Magento Commerce?

Over the years, Magento commerce has proven to be a leading enterprise-level eCommerce web development platform. The platform is known for its advanced, robust, and scalable functionalities and features, helping online merchants rapidly expand their operations.

Here in this blog, we have come up with the complete Magento commerce guide to help you get started with the platform. So let’s dive in…

What is Magento Commerce?

Magento Commerce was previously known as Magento Enterprise Edition (EE). The product is aimed at large enterprises with extensive operations looking for advanced functionalities and premium support levels. Unlike Magento open-source is offered as free to install the platform; Magento commerce comes at a hefty licensing fee starting at USD 22,000 annually.

Magento offers its commerce edition as two separate versions, including Commerce Cloud and Commerce On-premise solution. Both versions share the same codebase; however, cloud commerce benefits from automated updates and patches and is offered as a platform-as-a-service (PaaS) hosted solution.

As for the Magento on-premise version starts at USD 24,000 annually, and it is offered as a complex tiered model based on Gross Merchandise Value (GMV). This means that the final price of Magento Commerce’s on-premise solution will be influenced by the overall merchandise value of your store. Some time back, Magento did announce to keep the similar price for commerce cloud and on-premise versions; however, the move was rejected by the majority of the merchants who weren’t interested in using the commerce cloud version of the platform.

Like the on-premise version, the commerce cloud version also offers various tiers for users, including Cloud Starters and Cloud Essentials. Apart from the basic packages, there are other more customized packages available, including Adobe products like; Adobe Analytics, Adobe Target, Adobe Experience Manager, Adobe Campaign, and others. Then still, there’s a premium package for conglomerates and largest enterprises that are designed around Adobe’s enterprise offerings, including all core and relevant Adobe products.

Over the years, Magento has significantly strengthened its commerce solution by adding various native features and bringing in more value for online merchants. While dedicated platform-level support is a premium feature that adds much value for online merchants, still some of the most significant features that make Magento commerce a leading platform includes;

• Page builder
• B2B module
• Content staging, preview, scheduling
• Magento BI
• Magento Shipping

Some of the leading eCommerce stores using Magento Commerce include;

• Bulk Powders
• Helly Hansen
• Paperchase
• Paul Smith
• com
• End Clothing
• BrewDog

Magento Commerce vs Magento Open Source

One of the most common considerations for businesses looking to venture onto the eCommerce marketplace is to choose the right development platform. Magento, as the dominating eCommerce platform, is the natural choice for most SMBs, and enterprises. However, choosing between Magento Open-source and Magento commerce remains a debatable topic.

Let’s briefly review each of these versions and see what each of these brings to the table for online merchants.

• Magento Open-source:Magento open source is the most popular and widely used Magento platform. It’s free to install the platform, which can be customized and self-hosted.
• Magento Commerce: Magento Commerce is marketed as a premium eCommerce solution for enterprises and conglomerates. The Magento commerce solution is offered as two models, including; commerce cloud and commerce on-premise.

Magento open-source is free to download and install platform that is easily accessible to everyone. As an open-source platform, it brings in a high level of customization options for businesses, making it a preferred choice amongst small and medium businesses. To further reinforce its domination as the premium eCommerce solution, the platform boasts thousands of extensions that can easily be integrated additionally to optimize the functionality and user experience of the store.

However, you would need a professional Magento 2 Development Company to ensure the creation of a functional and smartly designed online store. You may also need to hire professional Magento integration services to integrate various extensions required to meet unique store needs. Also, you may need a professional Magento B2B Development Company to fully leverage the specialized B2B module offered by the platform.

Unlike Magento open-source, Magento commerce is a premium version offered at a hefty price starting at USD 22,000 annually. As a premium solution, Magento commerce brings advanced features, tools, and robust support services for stores. The prices of Magento commerce are tiered to the Gross Merchandise Value (GMV) of the store.

As you may expect, Magento commerce offers more robust features, including targeted promotions, marketing tools, dedicated 24/7 technical support, and customer reward programs to support rapid growth and scalability.

As we have already mentioned in the above sections, Magento eCommerce stores are loaded with features and various customization offers. Customizing the Magento store helps meet the customers’ needs which improves the conversions. It wouldn’t be wrong to say that adding the custom features will streamline and speed up customers’ shopping process. If you are unable to handle the customization, you can also get in touch with professional Magento or Shopify design team agencies with relevant experience!

What is Magento Commerce Cost?

As mentioned above, Magento commerce solution starts at USD 22,000 annually. However, this is just the base price for the Commerce Cloud version, and that the prices will continue to increase with the Gross Merchandise Value (GMV) of the store. Contrarily, Magento commerce on-premise version prices start at USD 24,000 annually and are again offered as a tiered model depending on the GMV of the store.

Commerce Cloud solution offered multiple packages, including Cloud Starters, Cloud Essentials, and premium packages, including Adobe’s enterprise offerings (Adobe Analytics, Adobe Campaigns, Adobe Target, Adobe Experience Manager, and others).

What are the Features of Magento Commerce?

Some of the worth-mentioning features of Magento Commerce include;

• CRM
• Content Management
• Reporting and analytics
• API
• Customer Touchpoints
• Communication management
• Mobile access
• Order management
• B2B module
• Cataloging/categorization
• Inventory control
• Payment options
• Loyalty programs
• Channel management
• Customer accounts
• SEO management
• Web/mobile app development
• Returns management
• Shipping management
• Shopping cart