The reason for the slowdown, says Dynatrace, is the increase in images and objects, as well as third-party plug-ins to social media sites. With consumers expecting websites to load in three seconds or less, it's important for retailers to stop site abandonment by minimising homepage load time.
Australia showed the worst response time with an 8.2 second wait, while Spain had the fastest at 3.3 seconds. Dave Anderson, VP of marketing, Europe, Middle East and Africa, and Asia Pacific, Dynatrace, pointed out that US retailer Nordstrom identified a 0.5 second slowdown in site load time equating to an 11 per cent reduction in site conversion.
"This is precisely where retailers need to focus internal conversations: looking at site performance and how it impacts revenue. Otherwise, they're choosing to leave money on the table."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)