Amazon would lose $1.6 billion/year if its site speed slowed down by just one second
Staples saw a 10% increase in conversion rate when it reduced median homepage load time by 1 second and reduced load time for the 98th percentile by 6 seconds.
Walmart shows a 2% increase in conversion rates for every one-second improvement in page load times.
Sources: Fast Company, Staples, Website Magazine, Akamai, Simplified.dev
The most remarkable 1-second stats:
1 sec. delay reduces page views by 11%.
1 sec. delay decreases customer satisfaction by 16%.
1 sec. delay eats away 7% of the coveted conversion rate.
1-3 seconds in loading time see a very low bounce rate probability – only 32%.
Add 1 sec. more to that and the chance for users to bounce triples, reaching 90%.
On an annual basis, a 1-second delay can lead to $2.5 million in missed revenue if your shop generates $100,000 per day.
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