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A 100ms website delay can turn away customers

By Minjun Park
1 min read
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In this article (5)

Website performance is critical to maintaining customer attention and completing online transactions, research from Akamai indicates.

The company’s latest State of Online Retail Performance report finds that a mere 100-millisecond delay in website load time can hurt conversion rates by 7%.

The data, gathered by SOASTA (now part of Akamai), represents one month’s worth of anonymous user data from top online retailers, equating to approximately 10 billion user visits. The team applied data analytics to generate insights into the intersection of IT, business, and user experience metrics.

Half of consumers browse for products and services on their smartphones, while only one in five complete purchases using those phones. The study showed that a two-second delay in web page load time increases bounce rates by 103%. More than half (53%) of mobile site visitors will leave a page that takes longer than three seconds to load. Bounce rates were highest for mobile phone shoppers, while tablet shoppers had the lowest bounce rate.

“Since my days as Executive Director at Shop.org I have seen how e-commerce businesses are impacted by performance challenges, yet struggle to identify and treat the root cause,” said Scott Silverman, co-founder of GrowCommerce and the Global e-Commerce Leaders Forum. “This research clearly shows the link and provides a methodology for retailers to systematically assess and address those issues.”

The report identifies ways that high-performance web pages are different from poorly performing pages, looks at third-party scripts and other outside factors that can impact performance, and provides the reader with practical, actionable guidance on how they can compete in an ever-changing e-commerce landscape.

Questions & Answers

Q.

Which company conducted the research on website performance and its impact on retail?

A.

The research was conducted by Akamai, specifically drawing data from SOASTA, which is now part of Akamai. Their latest State of Online Retail Performance report details the findings.

Q.

What effect does a short delay in website load time have on conversion rates?

A.

The research indicates that a delay of only 100 milliseconds in website load time can lead to a 7% reduction in conversion rates. This highlights the critical nature of website speed.

Q.

How do mobile users' shopping habits compare to their purchasing behaviour on smartphones?

A.

Half of consumers browse for products and services using their smartphones. However, only one in five consumers actually complete purchases when using those same phones.

Q.

What is the impact of a two-second delay on web page load time on bounce rates?

A.

A two-second delay in web page load time significantly increases bounce rates. The study found this delay causes an increase in bounce rates by 103%.

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