Widgets are also similar to Menus. But instead of creating them and assigning them to placeholders we directly add widgets to their placeholders which are called “Panels”. Panels are defined in the active theme.
To manage widgets click on System >> Panels & Widgets.
Now click “Default Panel”.
Similar to wordpress here you will find various kinds of widget types. Choose any type then click “Create Widget” button.
Enter the widget settings. For example here we will add the html code and click Save.
Html code widget can be used to display third party widgets (Like facebook like box, twitter widgets) by pasting their code in widget settings.
You can change order of widgets by dragging and dropping.