Last Updated | May 4, 2021
Magento is one of the leading open-source platforms that is powering hundreds of thousands of online businesses. In recent years, the platform has made great strides to integrate even better features and functionalities, so as to continue its dominance as one of the most preferred open-source platforms.
However, the platform has also been associated with certain limitations, and none is bigger than the unavailability of extensions for online stores with the default Magento setup. Well, that is understandable since Magento is just a web development platform and not the entire solution for ecommerce businesses. Nonetheless, the platform does come with a suite of features and allows integration of “additional components” to enhance features and functionalities of online stores against a given set of rules. Now, various extensions can be integrated by online businesses to expand the functionality and capabilities of stores in the best way possible. Here in this blog, we will be looking at some of the top Magento 2 extensions for different business functions that you must use in 2021.
Why You Need Magento Extensions?
Well, before we move into the details about the best Magento 2 extensions, first let’s see why online stores need extensions, to begin with. The simplest answer is to save the cost, time, and resources on Magento development services. The availability of various extensions enables online stores to easily expand the features, and capabilities of their stores without having to deal with Magento B2B extension development services, which aren’t just costly but can also be time and resource-intensive. By integration Magento 2 extensions, you will be fastening up with the development process, as well as, enhancing the efficiency and functionality of your store.
Magento 2 extensions enable businesses to improve the functionalities of the ecommerce business. For instance, Magento 2 extensions can help businesses to enhance the effectiveness of various business functions including; processing bulk orders, managing sales, designing interactive and easier checkout processes, apply effective marketing strategies, and others.
Below we will be looking at the 5 best Magento 2 extensions with respect to different business functions. But before that, let’s take a quick look at the Do’s and Don’ts of choosing Magento 2 extensions.
Dos & Don’ts of Selecting a Magento 2 Extension
- List down the features that you wish to integrate into your Magento 2 store
- Set out a budget for the extensions
- Make sure that the extensions you choose are compatible with Magento 2 version
- Make sure that the extensions you integrate are still supported by developers
- Don’t go for the extensions that are no longer supported by developers
- Don’t go for overly expensive extensions that are beyond your budgetary limits
- Don’t for with extensions from unreliable sources
- Don’t go for extensions with bad reviews
Criteria for Choosing Magento 2 Extensions
When choosing a Magento 2 extension, you need to be considerate about various aspects of the extension. The best practice is to follow certain criteria that can help you assess if the extension is safe and viable for your store. In fact, in today’s digital world where cybersecurity has become an even greater threat, it’s more important than ever to only choose reliable extensions from reputed and known sources. Below are some simple steps that can help you to choose the right Magento 2 extensions; safe to integrate with your online store.
Rating and Reviews
Your first and foremost step in choosing Magento 2 extension should be to check the ratings and reviews of the extensions. Make sure you check out the reviews and ratings on reputed third-party sites with good repute. This won’t just help you to choose safe Magento 2 extensions, but also assist you to assess the functionality and efficiency of the extensions.
Perhaps the surest and safest way to access Magento 2 extension is to have them from a reputed and credible Magento B2B extension development company. When choosing a Magento B2B development company, ask for a Magento B2B demo, to make sure that the extension got the features and functionalities you need for your store. You can also hire the services of Magento technology partners to get the desired extensions for your online store.
Lastly, when you choose an extension for Magento, make sure it’s under the active development phase. This will ensure that you got the backing of developers for any issue that may arise during or after the integration phase.
Top 5 Magento 2 Extensions for Business in 2021
OneSaas is one of the best Magento 2 extensions to enhance the accounting and finance functions. The app automates the entire accounting and finance functions of the store including ecommerce, inventory management, billing and invoicing, fulfillment, CRM, and email marketing. OneSaas is also one of the best Magento 2 extensions that enable stores to connect multiple sales channels to a single account. By automating the various workflow processes and data management including invoices, orders, payments & receipts, stock updates, customer details, and line items, eliminates any chances of human errors, while also greatly improving the efficiency of the system.
2. Zoho CRM
If you are looking for an extension to enhance the marketing function of your online store, Zoho CRM is certainly right at the top of the list. Magento 2 allows users to integrated Zoho CRM with their ecommerce stores, which helps in segmenting the data into various groups; based on the customers’ journey. The CRM also assists store managers to actively create and run sales and marketing campaigns based on insightful customer data. Overall, Zoho CRM integration with Magento 2 store enables online businesses to better manage customer relationships and improve conversion rates by leveraging detailed customer profiling.
3. Product Videos
According to stats, video reviews increase customers’ interest and reliability for the products. The Product Video extension is precisely for that reason. The extension can be used to easily embed videos to the ecommerce stores with a few clicks from various video platforms including Vimeo, YouTube, and others.
This in turn helps customers to get a more realistic video review of the products, thus increasing their confidence in the product and improve conversion rates for customers.
4. Stripe Extension
When it comes to Magento 2 extensions for payment and security, Stripe is certainly one of the most secure and highly preferred payment gateways for ecommerce stores. The extension allows instant payment connection using the Stripe.js token. A highly reliable and secure payment gateway, Stripe also enables refunds for unsatisfied customers or those who want to cancel the orders.
5. AheadWorks Advanced Reports
Lastly, if you are looking for Magento 2 extension for reporting and analytics, you can’t miss out Advanced Reports extension by AheadWorks. The extension offers a wide range of analytical and insightful reports that enable store managers to monitor and review the performance parameters of various business functions. All of the reports offered by the extension are represented through interactive data tables, and visual charts, thus allowing for effective, and quick assessment.
From where free Magento 2 extensions can be downloaded?
Magento Marketplace is the official and best place to explore and download all free Magento 2 extensions. In fact, if you aren’t well-versed with the development world, it’s highly recommended to only download Magento 2 extensions from the official Magento Marketplace or official website.
How to download extensions for Magento 2 only?
When you are downloading extensions from the official Magento Marketplace, you will notice small icons of “M1” or “M2”. These icons represent the version of Magento with which the extension works with. Thereby, you can choose extensions with “M2” icons for Magento 2 store.