How Can Your Business Benefit from Your Website’s S
technology

How Can Your Business Benefit from Your Website’s Speed?

Around 73% of mobile internet users have encountered a website that is too slow to load.

How Can Your Business Benefit from Your Website’s Speed?

Website speed has become quite a big deal over the years. Back in the days of dial-up, speed wasn’t all that important. Sure, you would try to maintain some level of performance, but nobody expected incredible speeds.

Today, it’s a different story. Users want pages to load within seconds. In fact, any page that takes over 3 seconds to load is too slow, according to both ordinary users and experts.

Unfortunately, many business owners are not aware that speed can really make or break a website. Although a website is practically a must-have if you want to run a successful business in 2019, business owners often neglect speed.

How a Good Website’s Speed  Can Help Your Business?

Website speed can be a great asset to any company. Here we’ll cover how your business might benefit from speed improvement.

1. Stronger Online Presence

One of the main reasons for dedicating a site to your business is marketing. You want your website to serve as an advertisement and bring in new customers. That’s why you want to get as many people to your site as you can.

Speed plays a massive role here. As search engines are a huge driver of traffic, doing well in search rankings is crucial for attracting new visitors.

Research shows faster websites perform consistently better in search rankings.

It means you can get more customers simply by improving website speed. Many companies have already done it. For instance:

When SmartFurniture.com improved their website speed, they climbed two positions in search rankings and got a 20% boost in organic search traffic.

Stronger Online Presence

Speed influences paid search traffic, too. Your ads might get shown less often and cost more if your website is slow. Therefore, even if you rely on paid traffic, you should improve your site performance before investing any more money into ads.

2. Don’t Forget about Mobile Performance

It is a part of SEO as well. However, mobile website speed is absolutely crucial, and it deserves a section of its own.

Since last year, Google has expanded the “make the web faster” policy to cover mobile websites. Speed is now a ranking factor for both mobile and desktop sites.

It poses a serious problem for most website owners. While most traffic comes from mobile devices, mobile websites are significantly slower than desktop ones. This means that businesses can miss out on a big chunk of potential customers if their mobile websites are slow.

Another thing to consider here is mobile-first indexing. Starting in 2018, Google’s ranking system sees the mobile version of a site as the primary one.

It does not mean you must have a mobile version of your website. As long as you use a responsive design, it won’t matter.

However, if you have a separate, poorly performing mobile website, or if your site works only on desktop, it’s significantly harder to get good search rankings.

Mobile Performance

It’s necessary for your site to be mobile-friendly. Otherwise, even your rankings for desktop searches may suffer. Your business will miss out on a lot of potential clients this way.

You can dedicate a mobile app to your business to take some pressure off. Even so, a fast website can help you promote your business online and get more users to download your app.

3. Better User Experience

This part is simple. Users don’t enjoy waiting. If a website takes too long to load, they get impatient and want to leave. Therefore, experts recommend keeping your load times under 3 seconds.

So, what happens when a user comes to a slow site?

Chances are, they’ll leave. Statistics show websites that load in three seconds have a 32% higher bounce rate than those that load in one second. If the load time goes up to five seconds, the probability of bouncing is 90% higher. 

Bouncing means that users leave after only opening one page. It is a good indicator that something is wrong with a website. Usually, it’s low-quality content or poor performance.

Even when a user stays, faster speed is an asset. If a website is fast, users spend more time there and view more pages. They’re also more likely to come back in the future.

User Experience

Faster websites are much better at keeping users interested. Any entrepreneur should know that engagement plays a big role in running a business. If a potential customer doesn’t engage with your website, they are less likely to purchase your goods or services.

4. More Conversions

If you dedicate a site to your business, there will almost always be some action you want users to carry out. It could be purchasing a product or service, signing up to get updates about your offers, or perhaps downloading an app. Whatever the end goal, if a user completes it, you can consider this a successful conversion.

As you can probably guess, speed influences your website’s conversion rate. Customer experience is better on a faster website. This makes users more open to suggestions, including offers to buy products.

Having a slow website has the same negative impact as having a bad reputation. Users won’t trust you if your site is slow.

If you’d like to know the stats, slower websites lose about 7% of their conversions per second of loading delay. You can easily lose half of your profits or more if you don’t keep an eye on your load times.

Conversions

In turn, a faster website means a higher percentage of customers will convert. If you want a successful and profitable business, this is just one more reason to improve your load times.

Conclusion

All in all, website speed is now more important than ever. Even though average load times have seen improvement in 2018, most websites still have a long way to go. That makes it the perfect time to beat the traffic and capitalize on speed improvement before everybody else jumps on the bandwagon.

You now know exactly how speed influences your business. The next step is to learn the basics of speed optimization and implement them on your site. It is not a complicated process, and your business can only benefit from it.
 

MAD Team
Written By

MobileAppDaily host a team of experienced technical writers, industry wizards, and app experts who have an exact knack of content that caters to the needs of the mobile app targeted audience. We strive to bring you the best of tech!

Top Companies

InMobi
Singapore
Dot Com Infoway
New York, USA
M&C Saatchi Mobile
New York City, USA
Techmagnate
New Delhi, India
Fetch
London, UK
View full report

Latest Articles

Join our global community 135K Followers
technology

Apple Won't Reveal The Number Of iPhones, iPads, and Macs It Sells

MAD Team 2 min read  

If you are one of those individuals who keep track of revenue related businesses of top firms, we may have brought bad news for you. As per a new media report, Apple will no longer disclose the number of iPhones, iPads, and Macs it sells or will sell in future. The announcement was made by Luca Maes

technology

All About Apple's Big Event in 7 Videos

MAD Team 4 min read  

Finally, the company announces its all awaited products including the iPhone X on Tuesday.Apple launched many new products in its various lineups which include, Apple Watch Series 3, a new 4K Apple TV, the iPhone 8 and iPhone 8 Plus and the most hyped iPhone X.{IRP}For the event, the com

technology

China Will Sell And Produce Only EVs As It Decides To Ban Fossil Fuel Vehicles

MAD Team 4 min read  

The world's largest automobile market is about to turn into an electric vehicle hub with no more fossil fuel vehicle production . On Sunday, China announces that it's planning to totally forbid the sale and production of the fossil-fuel powered vehicles.The national regulators are workin

technology

Is Your Browser A Victim of "Download Bomb" Bug?

MAD Team 4 min read  

If you are a tech enthusiast or spend much of your time on net surfing about your favorite games and movies, then you must have a hint of a bug that affected many of the users and frozen thousands of browsers using the download bomb trick. The Chrome users can better relate to it.The trick led t