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The state of e-commerce

Sep 15, 2019ecommerce

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This cartoon idea was suggested by Brian Fung, reacting to some interesting Google research on how even a one-second delay affects bounce rates. Google found that as page load time goes from 1s to 3s, the probability of bounce increases 32%. As it goes from 1s to 5s, the probability of bounce increases 90%.

Brian questioned how much had do to with the quality of the traffic and wrote “In my mind’s eye I am envisioning an awesome Tom Fishburne Marketoonist comic titled ‘The Reality of Page Load Times’” and described a physical shopper abandoning her cart. Thanks, Brian, cartoon granted!

Given how much time and effort marketers spend to get consumers engaged enough to consider a purchase, it’s amazing how a purchase can be derailed by something as basic as page load times.

Abandoned shopping carts are a massive case in point. Even after going through the process of filling a shopping cart, it is estimated that 50% to 80% of carts are abandoned at checkout. 47% of shoppers want sites to load within 2 seconds and a slow web site can result in cart abandonment rates as high as 75%. 64% of shoppers won’t return if a site takes too long to load.
This underscores how marketers no longer have a captive audience, and relates to a conclusion I found interesting from earlier Google research: “People are more loyal to their needs in the moment than they are to any particular brand.” So as marketers, we need to stay ruthlessly focused on how to deliver on those needs in the moment. Even when the moment is measured in seconds.

Here are a few related cartoons I’ve drawn over the years:

“Showrooming” January 2013

“The Future of E-Commerce” February 2018

“Retail Loyalty” January 2012


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