Are Online Retailers Too Slow to Satisfy Their Customers?

Have you noticed that it is taking longer to get your shopping done online? It is, according to a new study on page speed and website performance, and that could be costing online merchants customers.
The study, State of the Union: Ecommerce Page Speed & Web Performance, Summer 2013, from Radware, a provider of application delivery and security solutions for cloud data centers, found that a growing number of the top 500 retail websites in the U.S. has slowed down. The media load time for a page was 7.72 seconds, a slowdown of 13.7 percent since the same period last year.
The research found the median time to interact (TTI) is now 4.9 seconds. TTI is the point at which a page displays its interactive content such as feature banners or call-to-action buttons. Only eight percent of the top 100 sites had a TTI under two seconds while nine percent took eight or more seconds.
"These findings are startling — retailers still don’t realize that they are losing customers," said Tammy Everts, web performance evangelist, Radware, in a statment. "Fifty-seven percent of consumers will abandon a page that takes longer than three seconds to load. Web pages need to work smarter and harder. Site owners not only need to adopt core best practices, but also utilize advanced techniques that optimize the browser’s efficiency."
The 10 fastest sites, according to Radware, are:
- Ikea.com (1.85s load time)
- Abebooks.com
- Pixmaina.com
- Groupon.com
- Adpost.com
- Walgreens.com
- CDUniverse.com
- Vitacost.com
- Nordstrom.com
- Forever21.com
- New Radware Report Reveals Top Retailers Barely Keeping Up with Online Customer Demands, Web Performance on the Decline – Radware
- State of the Union: Ecommerce Page Speed & Web Performance, Summer 2013 (infographic) – Radware
- State of the Union: Ecommerce Page Speed & Web Performance, Summer 2013 – Radware
Do you think online retailers should prioritize page speed over other positive attributes, e.g., design sophistication? Do you think three seconds is too long to wait for a page load?
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13 Comments on "Are Online Retailers Too Slow to Satisfy Their Customers?"
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Speed of transactions for the sake of speed should not the goal, but rather how ergonomic and logical the process is for the potential purchaser. Reviewing how many steps it takes to make a purchase, and how the items offered are organized are among the important factors for an efficient online purchase.
Online shoppers do have higher expectations in terms of the pace of their purchase and waiting for pages to load unnecessarily, or having to start the process over when data is missing are just a couple of annoyances that will ultimately frustrate the shopper and kill the sale.
Perhaps even more so than their bricks and mortar competitors, online retailers need to keep the lines of communication open with their shoppers and react very quickly to customer feedback. The notion that your site was adequate last month, so it should still be getting the job done this month, is a dangerous assumption in the fluid and competitive environment of online retailing.
Absolutely, retailers should prioritize page speed. When I cannot log into a page, unless it’s something I truly am interested in, I will abandon the page and then the website all together. If I’m browsing, I more than likely have 10 other things to do, so my attention is diverted elsewhere. If there is a need, I will frustratingly wait.
Speed is important, but not at the expense of delivering the right content in the right format. Ecommerce is not a drag race, it is about closing the sale. Obviously if the initial load screen is taking longer than the shopper expectation, you will see a drop in visitors and abandoned baskets. The best retailers fine tune the balance to make sure the majority of the visitors has a great experience in terms of load speed versus delivering content for their specific device.
Speed is important. I now realize that I will tend to go to sites that are fast and easy to use. The quickest way to get me NOT to use your website to for it to be slow, lots of graphics, small print, sounds and music. Three seconds is about as long as anyone should wait. Oh even worse, have advertisements pop up that I have to close or suffer through.
So many CPG and retail sites have become so “heavy” to load on most devices, especially mobile, that shoppers are indeed getting frustrated. There are some great examples of fast-loading site that are clean, simple, intuitive and effective places to navigate. Does the “Google” home page come to mind here?
Speed is one of the five essential elements that spell success for FMCG ecommerce or in-store planning. Not just page loads, but the entire experience. It is one of the reasons that lists are so important to regular visitors. Under 4 minutes for a $135 order is good. Under 3 minutes is much better.
Mark brings up another important issue. If you are not shopping your own site once a week, and getting others to shop it with you and giving you feedback, you will always be unpleasantly surprised by your customers.
Speed? Yes, of course (though I’m not sure “design sophistication” is a positive we need to balance against…not if it means logos taking off and rotating in space or penguins doing tap dances, or other things that seem to satisfy the creative urges of designers more than being practical to consumers).
But, as others have noted, there are other “musts” as well; though I don’t see why something like layout or clarity of design is an “either/or.”
Some of the design features are just plain stupid. Why do you have to scroll down a list of 50 states to input the two letter abbreviation for your state? Most people know that. On some sites if you make an error it wipes out all the info you have entered and you have to start over.
Thanks for the great write-up, George. I directed this research at Radware and helped author the report. If any of your readers have any questions about our methodology or findings, I’m happy to field them.
I also wrote a post on my blog, which your readers may find useful, in which I offered more background into why we undertake these benchmark studies and what led us to measure “time to interact” as a more meaningful user experience metric.