Last Updated | October 15, 2021
Sure, you have your own online store for selling your products but is that enough? Unfortunately, it’s not. The online store needs to work efficiently and needs to be appropriately managed if you actually want some profits coming in. But again, how do you reap all these benefits without spending a fortune? It is possible by choosing the right platform for the online store.
With a myriad of options available for software solutions and platforms, there’s been some roar about Magento Vs. Odoo and we are here to find out the details. So, are you ready to check out the details, then?
Magento Vs. Odoo: An Overview
Magento is a popular choice for digital commerce businesses since it can be tailored to meet the stores’ requirements. It is designed with an open-source configuration and has over three versions. These versions include enterprise cloud edition, community edition, and enterprise edition. The community edition is available for free, while the other two have annual subscription charges.
It is also an open-source platform and has around 360 apps available to customize the features and functionalities. All the apps are validated, while Odoo is available in three different editions. To begin with, the community edition is free, while the enterprise edition has various features but has an annual subscription. On the other hand, the online plan is hosted on the cloud and has a monthly subscription.
Magento Vs. Odoo: Features And Functionalities
Magento is designed explicitly for ecommerce stores and has an extensive range of features that help maintain and support online stores. However, you will need to install third-party extensions and plugins for operations management, but it’s pretty convenient. On the other hand, Odoo has front-end features and works great for operational management. What’s best about Odoo is that it doesn’t require add-ons and plugins. In the section below, we are sharing more features and functionalities that set both these platforms apart!
Magento is known for the SEO-friendly features that improve the store’s ranking and visibility. As a result, the store will be able to get more traffic, the ranking will be enhanced, and customers’ activities will be easy to track. On the other hand, Odoo has SEO features (they are generally better than Magento), such as link trackers and inline SEO options. So, if we consider SEO, both these platforms are sufficient, but Odoo provides some advanced features.
- User Interface
Magento is known to be a high-end eCommerce system with a promising CMS that enhances overall functionality. As for the user interface, it’s alright for a tech-savvy person, but a beginner might need time to get accustomed to the features. On the contrary, Odoo has a user-friendly interface and boasts convenient integration and configuration.
- Extensions & Integrations
Magento has a wide range of extensions and integrations available, and if you hire Magento Development Company, you will be able to customize the extensions. It wouldn’t be wrong to say that Magento is completely scalable and helps expand the business. On the contrary, Odoo has various features available, so it’s low likely that you will need an additional extension. Even if you want to get some integration, it will be too complicated. To summarize, Magento might need additional extensions and integrations, but it’s easy to install while extensions are too complex for Odoo.
Magento has an extensive network which proves to be excellent support for the store owners. On the other hand, support for Odoo can be complicated since the community is narrow.
Magento Vs. Odoo: Backend Functions
Odoo is a good choice for small-scale and medium-scale eCommerce stores because it provides convenient business management, and the background process is pretty strong. For instance, Odoo helps manage CRM, accounting, purchase, and inventory with the availability of apps. On the other hand, Magento has an advanced backend, but it only works for the eCommerce features, such as customer management, product management, and order management.
Magento Vs. Odoo: Setup And Customization
Odoo has a convenient setup and utilization, and you won’t need to be tech-savvy. Odoo has various apps available for improving the eCommerce store without having to hire a professional team. On the contrary, for Magento, you might have to hire Magento support services to get the desired results. However, Magento does have an extensive developers community to provide assistance. To summarize, Magento requires some professional help, but Odoo is fine for beginners as well.
Magento Vs. Odoo: Payment Gateway
Be it Magento or Odoo, both support PayPal and redirect payment gateways. However, if you are looking for a server payment gateway, that’s only available with Odoo. Odoo can help manage repetitive payments. As for Magento, it has a safe and secure payment system for sellers as well as buyers. In addition, they both support multiple countries. At this point, we do want to add that Magento supports more payment solutions.
Magento Vs. Odoo: Pricing
When it comes down to Magento or Magento 2 pricing, it is available in free as well as paid versions. It’s needless to say that the free version doesn’t have advanced features, but the paid ones have various advanced features that aid with eCommerce management. On average, the paid versions will be around $20,000 per year, but it can fluctuate according to the annual revenue. In addition, the additional extensions will cost more in Magento.
Getting back to Odoo, it is available for free as well, but the paid versions have different costs depending on the features. Odoo has a free trial for 15 days. However, on average, the paid versions will cost $150 for one user (yes, annually).
Magento Vs. Odoo: Reporting
It’s needless to say that on-time and accurate reports are essential for eCommerce stores to support business growth. That being said, both of them offer sales reports, product performance reports, sales summary reports, and inventory reports. Magento also has site search reports available that aren’t available for Odoo.
Choosing Between Magento & Odoo
- Why Choose Magento?
Magento is a leading platform, especially in the eCommerce world. It has a stable and reliable platform while an SEO-friendly nature helps with the business growth. It has a wide range of themes and extensions available to personalize the stores. So, if you want to set up the eCommerce store and manage with limited integrations and extensions, Magento is the right choice.
- Why Choose Odoo?
It wouldn’t be wrong to say that Odoo is still a new entrant and has various complications to fix before it comes to the level of Magento. However, it does have a promising USP and a robust platform. For this reason, it is suitable for SMEs looking for a complete ERP solution rather than creating a store only.
Honestly, it’s hard to choose one because it all depends on the primary purpose and needs of the business. While Odoo is great for SMEs looking for in-depth ERP solutions, Magento is focused only on eCommerce functions. So, if you are ready to choose one, Folio3 can help with the setup, installation, and maintenance!
How Is Magento Better Than Odoo?
Magento is a better solution for eCommerce businesses because of the advanced backup solutions. For instance, it can handle order management, product management, and customer management.
Is Magento Cheaper Than Odoo?
No, Odoo is cheaper since it costs around $150 for a year, while paid Magento versions will cost over $20,000 for a year. However, there is a difference between the features, so weigh your options.
Can Small Businesses Afford Magento Development Services?
Honestly, small businesses can afford Magento development services by Folio3. This is because they have affordable packages available for SMEs.
The download speed of the Magento 2 website can be enhanced by using high-quality extensions and choosing efficient hosting. As far as the configuration and settings are concerned, switching on the production mode and full-page cache will improve the download speed.
How Much Does It Cost To Hire A Magento Development Company In The US?
In the U.S., Magento Development Company will charge anything from $25 to $50 for an hour, depending on the expertise and reputation.
Which One Is A Better Platform For eCommerce; Magento Or Odoo?
Magento is obviously a better choice for eCommerce since the primary features are designed to support the eCommerce business.