Slow website, no big deal?
New studies2 show that in a Google-obsessed culture wherein 34,000 questions are answered via Google per second, that consumers are quickly becoming less tolerant of websites that are slow to load, and why wouldn’t they? Would you go back to a sandwich shop that took 30 minutes to get you through the line, 10 minutes to transcribe your order, an hour to make your sandwich, and 20 minutes to deliver it to you? No, you wouldn’t.
Consumers’ tolerance levels are slipping
In fact, one in four people abandon a website that takes more than four seconds to load. Half of all mobile users abandon a site that takes over 10 seconds to load and three in five will opt to never return to that site which is critical, given that one in four web users browse the web exclusively through their mobile device, never using a computer or laptop.
Amazon.com makes $67 billion in sales every day and with just a one second delay, it could potentially lose up to $1.6 billion annually. No company would brush off that kind of loss. To be fair, most of you are not Amazon.com, and many of you are not even retailers or offer e-commerce, but the facts remain that consumers spend so much time online now that they know a slow site from a fast site and consumers are much more easily frustrated with waiting.
Web developers are implementing hundreds of methods to speed up sites, and code has become quite sophisticated today. Some will not find speed optimization a worthwhile investment, which leaves those of you that know the true cost of a slow website in the advantageous position.