A short guide to hiding price in Magento 2
While some stores choose to hide their products’ prices, others state that hiding the prices is unwise. If you are still concerned about whether you should hide the price or not, you need to collect more information about this approach. Don’t worry because our article today will show the ultimate guide to hide price in Magento 2. How To Hide Price On Your Magento 2 Store Definition Hiding price is hiding the products and does not make them public for the customers to see when they browse on your product page. To know the detailed price of the products, the customers may need to send a message or make a request and wait for the sellers’ response of the prices in minutes. Advantages Of Hiding Price In B2B Ecommerce Common factors affecting prices in B2B are value and persona. Especially for stores with both B2B and B2C customers, pricing strategies can vary greatly. Hiding prices can give merchants less pricing competition and avoid questions from different customer segments. The product prices may witness a lot of fluctuation that if the customers can see and realize the increase in price, they may give up buying. Hiding prices will prevent customers from feeling disappointed and leaving your Magento 2 store due to the unexpected high prices. The customers, who want to know the prices, are willing to contact the sellers and they will receive more than the prices. It is a chance for the sellers to give more information about the products, consult and convince them to buy products. The customers, who already know the prices, may give up buying without any suggestions and advice from the sellers. Hiding the prices, as a result, will help you to increase the conversion rate and enhance customers engagement as well. Disadvantages Of Hiding Price In B2B Ecommerce However, high prices on your Magento 2 stores can leave the customers with bad impressions. They may be concerned about why the price is not publicized and whether this store is trustworthy. Moreover, not all the customers want to have a conversation with sellers, they are not willing to ask for price and then they will choose another store to shop to avoid the complicated procedure. When Is It Suitable To Hide Price? Firstly, you may need to hide the prices of valuable products, limited edition products, or the unique ones. Then let customers contact you and then you will have a chance to persuade them to put them in their shopping carts. Secondly, you can gain considerable revenues when hiding prices of high-priced products. Like high-value products, the sellers also try to convince customers to place orders. Thirdly, if you want your B2B pricing to be private and initiate conversations with wholesalers, then it’s better to hide them. The products or services which have various pricing options with different characteristics and functions may need to be hidden prices. The customers can make their decisions for the well-matched products that meet their requirements. Furthermore they can have an affordable price after receiving buying guides from the sellers Suggested Tools To Hide Price For Your Magento 2 Store To hide the price in Magento 2, you may need to take advantage of some useful extensions. While Magento 2 Hide Price is famous for its ability to hide price from specific products, many categories, and customer groups, Magento 2 Request For Quote is good at approving, rejecting, and customizing the quote requests. You might also want to take a look at the all-in-one B2B solution for Magento store by GritGlobal. The ability to manage B2B accounts hierarchically, create custom catalogs and tier pricing will be extremely valuable. It will ensure that when your wholesalers is logged in, they can view custom pricing and order quickly. Discover more features here: Conclusion With our instructions, we hope that you can completely understand about hiding price in Magento 2 and establish suitable approaches for your ecommerce business to satisfy customers and boost sales.
Magento enterprise vs community: which one is right for your business?
For many, the name Magento goes hand in hand with eCommerce and it is even among the three most popular eCommerce platforms at present. A lot of the top companies are using Magento Platform to shape their websites. Retailers can go one step further and turn Magento into an omnichannel ecosystem, which helps them run and scale the business without limits. Currently, Magento has two versions which are Magento Community vs Enterprise Editions. So Magento enterprise vs community, which one is right for your business? This article will help you to find out. Cost The Community Edition of Magento is free to download, however, there are still a number of costs involved. The first kind of fee included is hosting, since Magento does not involve this. You will also need a developer, an in-house IT team, or an agency to manage the build. Magento has an extremely extensive setup which leads to high costs to complete the builds. According to Magento partners, even a basic store on Magento Open Source can cost $20,000 to $45,000. Things are quite similar with Magento Enterprise, besides the hosting fee, you will also need to pay a license fee for the software. A development team is necessary for addition. You will still have many of the costs above. The development cost will be higher for larger enterprises because of customization and integration. Overall, it will cost enterprises at least $60,000 to create a store. Security On Magento Community, you will be the one charged with staying on top of your site security updates. As a matter of fact, it will take lots of work to keep up with the security patches and version updates. It’s also work that’s best handled by Magento developers. Merchants wanting to stay on the most current version would have had to install six different security patches over 2019 and an additional three patches by the end of April 2020. When it comes to Magento Enterprise, Magento operates with a shared responsibility model. Magento is responsible for the Magento Commerce Cloud environment, but the user is responsible for the security of their customized instance. Magento Commerce provides merchants with patches (which includes maintenance), updates and upgrades to newer versions. However, it is on the merchant to install and manage these updates. Hosting Using the free version of Magento Community means that you will be doing the hosting of the platform. You can do this with your own servers on-premise where you will be entirely responsible for the hardware upkeep and maintenance. On the other hand, if you wish, you can also choose to use a third-party hosting service, but make sure to pick a strong one, so as not to have issues with outages and unreliability issues. Magento Enterprise does provide an on-premise option, though it is a Platform as a Service (PaaS) model delivered on the cloud. Be aware that PaaS is not the same thing as SaaS. While hosting is managed for you, you still need to make updates and apply security patches yourself. Flexibility Magento is flexible and this is one of the biggest selling points. The platform is also equipped with a number of Magento extensions. Merchants with needs for extreme customization are often quick to see Magento as the only option, but that flexibility comes with some downsides. On Magento when you modify the source code, it becomes more difficult to install patches and updates as they may break customization that you’ve done to your store. Additionally, Magento Commerce Open Source does not have PCI Compliance. The same issues with Magento Open Source extend to Magento Enterprise when it comes to flexibility. The difference is Magento CC is PCI Compliant. If your customizations don’t make any changes to the underlying source code. By exercising the flexibility of the platform, you risk complicating your security situation. Scalability With the free version of Magento, you may find yourself limited as you continue to grow and expand. Magento Community lacks some features you may want later including B2B functionality like price lists or an easy-to-use page builder. Working with Magento Enterprise, your costs are going to be a major factor in how much you can scale. When you have hosting through Magento, it doesn’t come with unlimited bandwidth. That is something that gets factored into the cost of your store, but you may experience overage fees. That said, Magento Enterprise should be able to scale with your needs, as long as you’re willing to pay for it. Conclusion This article managed to outline some differences based on criteria that merchants look for when deciding on which is right for their business. Hopefully, you now have a clearer idea of what the pros and cons are, so you can decide for yourself.
