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Why should you migrate from Magento 1 to Magento 2?

The support for Magento 1 will end next year. Already the best minds in the e-commerce development industry are focused on making Magento 2 a successful e-commerce platform. In this context, the most important question is how to migrate from Magento 1 to Magento 2.
Paul Boisvert, head of Product Management at Magento, also verified the information and said that November 18th, 2018 is the exact date when the world will bid Magento 1 an official goodbye with 3 years of End-of-Life (EOL) warning to store owners.
Before starting the actual migration process, consider the following recommendations:
1.Make a full backup of your Magento 1 store including all files, folders, and the database.
2.Create a clone of your Magento 1 store. Do not use the live store for the migration process.
3.Analyze your store. Keep what you think is necessary and delete the rest.
4.Check whether your current theme(s), extensions and custom code are compatible with the Magento 2.
5.Migrate the data from the cloned database of your Magento 1 store.
6.Remove outdated and useless data from the database. This includes logs, recently viewed products, compared products, etc.
7.To make the migration process as hassle-free as possible, install a fresh copy of Magento 2 on the same hosting server where your Magento 1 store is located.
According to the official Magento documentation, migration to the Magento 2 consists of four different stages:

1. Data
2. Extensions
3. Themes
4. Customizations

Data: The very first thing you need to take care of during the migration process is moving your data to the new Magento install. Thankfully, a new tool named “Magento 2 Data Migration Tool” has been developed to make migrating the data a hassle-free job. This tool helps port critical data, including the products, order data, store configurations, etc. to Magento 2 in a highly efficient way. Extensions: Magento extensions are critical components that provide new features or help extend the functionality. So, once you’ve migrated your data, the next step requires installing Magento 2 extensions available on Magento Connect. However, the Magento development community is still working on updating the extensions.

Custom Code: The custom code used in your current Magento 1 store is compatible with the new Magento version. So, you can either choose to rewrite or migrate the code. This can be achieved with the help of “Code Migration Toolkit”.

Themes and Customization: Magento 2 introduces many different (and new) approaches as well as technologies to render merchants the ability to deliver enhanced shopping experience via their store. Developers can take advantage of Magento 2 new ways to modify and make changes to the themes and for customization purpose.