30
© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Why Mobile and Web Performance Budgets Produce the Best Conversion Rates

Embed Size (px)

Citation preview

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

44% Consumers say slow transactions make them

anxious about transaction success.

http://www.webperformancetoday.com/2013/05/06/psychology-waiting-faster-online-checkout/

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

51% Consumers say slowness is the top reason they would

abandon a purchase online.

http://blog.radware.com/applicationdelivery/applicationaccelerationoptimization/2013/05/case-study-page-load-time-conversions/

performance has different meanings

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

o Cart Conversion Rate

o Bounce Rate

o Average Order Value

o Pages per Visit

o Retention Rate

o Click Through Rate

o Customer Lifetime Value

o Revenue per Minute

o Abandonment Rate

business executive

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

o Page Load Time

o TCP Latency

o Front-End Time

o Back-End Time

o DNS Resolution Time

o Time to First Byte

o SSL Handshake Time

o Front-End SPOFs

o Time to Critical Content

application developer

o Page Load Time

o TCP Latency

o Front-End Time

o Back-End Time

o DNS Resolution Time

o Time to First Byte

o SSL Handshake Time

o Front-End SPOFs

o Time to Critical Content

o Cart Conversion Rate

o Bounce Rate

o Average Order Value

o Pages per Visit

o Retention Rate

o Click Through Rate

o Customer Lifetime Value

o Revenue per Minute

o Abandonment Rate

“I just want to buy my Mom’s birthday present.”

user

o Page Load Time

o TCP Latency

o Front-End Time

o Back-End Time

o DNS Resolution Time

o Time to First Byte

o SSL Handshake Time

o Front-End SPOFs

o Time to Critical Content

o Cart Conversion Rate

o Bounce Rate

o Average Order Value

o Pages per Visit

o Retention Rate

o Click Through Rate

o Customer Lifetime Value

o Revenue per Minute

o Abandonment Rate

“I just want to buy my Mom’s birthday present.”

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

what should my performance budget be?

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Know how fast you are Know how fast you should be Iterate frequently

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Know how fast you are

measure performance from the start

flickr.com/photos/josterpi

Measure your customer

soasta.com/mpulse

soasta.com/mpulse

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Know how fast you should be

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

The A/B test you probably didn’t know you were running

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

All sites deliver both good and bad experiences every day, at the same time

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

http://blog.radware.com/applicationdelivery/applicationaccelerationoptimization/2013/05/case-study-page-load-time-conversions/

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

(Baseline conversion rate: 2.9%)

2.9 sec = 5.8% convert

9.9 sec = 1.4% convert

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Iterate frequently

small interdisciplinary teams

prototype early

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Know how fast you are Know how fast you should be Iterate frequently

http://kylerush.net/blog/meet-the-obama-campaigns-250-million-fundraising-platform/

“We made the new platform 60% faster and this resulted in a 14% increase in

donation conversions.”

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

1 second improvement 10% conversion rate lift

soasta.com/internetretailer

© 2015 SOASTA. All rights reserved. May 19, 2015 ‹#›

Questions

soasta.com/internetretailer