In 2023, the internet has more than 1.13 billion websites. While 71% of businesses have an online presence, 21% report having low website traffic. This isn't just a digital dilemma; it's a business challenge with tangible costs. Slow websites alone cost retailers a staggering $2.6 billion annually. Given that 88% of users won't return after a poor website experience, the stakes for optimizing your online presence have never been higher.
To navigate the complex digital landscape, it's important to arm yourself with information that can guide decision-making. Let's delve into some eye-opening statistics that every business should know in 2023.
- There are about 1.13 billion websites on the internet in 2023
- A new website is built every three seconds
- 71% of businesses have a website in 2023
- 43% of small businesses plan to invest in their website performance
- 21% of business owners report low website traffic issues with their website
- The average click-through rate is 4.23% across all industries
- Users form an opinion about a website in 0.05 seconds
- 93% of global traffic comes from Google
- Google is the most visited website with 85.1 billion visitors
- YouTube is the second most visited site with over 33 billion visitors
- In North America, 51.2% of web traffic comes from mobile devices
- The average conversion rate for e-commerce websites is between 1.81% and 3.71%
- 47% of users won’t wait longer than two seconds for a website to load
- 40% of users will leave a site if it takes more than three seconds to load
- Websites that load slowly cost retailers $2.6 billion U.S. dollars in sales each year
- Website users spend an average of 5.59 seconds looking at written content on a site
- Website users spend an average of 6.44 seconds focused on the main navigation menu
- The average time spent on a page is 54 seconds
- Including videos on a website can increase time spent on page by 88%
- The average time spent on pages with video is six minutes
- 88% of online users won’t return to a site after a bad experience
- The average bounce rate is between 41% and 55%
- 61% say that if they don’t find what they’re looking for within about five seconds, they’ll go to another site
- As of Q2 2022, 58.99% percent of all web traffic came through mobile phones
- 74% of online users will return to a website that is mobile-friendly
- 73% of users report that they’ve experienced a mobile website that was too slow to load
- Mobile website users expect a website to load in under three seconds
- Seven out of 10 small business websites don’t include a call to action
- Users are 67% more likely to make a purchase if the website is mobile-friendly
- Website users spend 57% of their time above the fold
- Half of internet users say that they use website design as a factor to formulate their opinion on a business
- 57% of users won’t recommend a business with a poorly designed website
- 38% of users won’t engage with a website if its layout is unattractive
- The average cost of designing a basic website is over $2000
- It takes three months on average to design a website with basic features
- Almost half (48%) say the number one way they decide on the credibility of a business is determined by the web design
Credit: This list originally appeared on Forbes.com
Understanding the complexities of today's digital landscape is more than a task for your IT department—it's a business necessity. The stats above reveal the high stakes and opportunities available in 2023. If you're experiencing issues like slow load times or low traffic, know that these are hurdles, not roadblocks. Creative State is here to help you through these challenges, leveraging proven strategies to elevate your online presence.
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