Report: U.S. & U.K. Shoppers Continue to Spend More Time

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
44
Report: U.S. & U.K. Shoppers Continue to Spend More Time and Money on Mobile, Yet Even Top Ecommerce Sites Fail to Meet Need for Speed

VANCOUVER, British Columbia, July 18, 2018 (GLOBE NEWSWIRE) -- Mobile usage trends in the U.S. continue to grow and mirror those of the more digitally advanced U.K., yet even top ecommerce sites are failing to live up to customer expectations for fast shopping experiences on the mobile web. That's the conclusion of the Mobify 2018 Q2 Mobile Commerce Insights Report examining regional ecommerce trends and benchmarks across the U.S. and U.K. The report delves into page load benchmarks from 2,000 top ecommerce websites, a key indicator of meeting customer expectations, since Google reports that 53% of users will abandon a page that takes more than three seconds to load.

Download  the Mobify  2018 Q2 Mobile Commerce Insights Report.

"Mobile usage in the U.K. is one step ahead of that in the U.S., so we wanted to look at ecommerce trends across the pond to predict what trends we will see next in the U.S.," says Amanda Naso, Mobify Senior Manager of Business Intelligence. "All signs point to shoppers spending more time and money on mobile, so better experiences, particularly speed, are vital."

The report notes that mobile sessions surpassed desktop sessions in the U.K. in 2015, while the U.S. reached the same tipping point a year later. Similarly, mobile revenue in the U.K. has been on par with desktop since the end of 2017. Mobile and desktop revenue in the U.S. are converging as well, with growth in both regions also showing parallels. With more users shopping and buying on mobile, and speed being a clear differentiator, one would assume there would be an increase in businesses giving more effort to their sites' mobile performance.

"Not so," says Naso. "We compiled a list of 2,000 top ecommerce sites and tested their page load speed to determine how the industry is measuring up to customer expectations. Only 10% of sites loaded in 3.1 seconds or less, while the median load time was 6 seconds.”

The report provides actionable insights to prevent shopper drop-off using technologies such as Accelerated Mobile Page and Progressive Web Apps .

“The median first-page load time for AMP is 1.1 second, while the median subsequent page load time for a PWA is 1.4 second,” says Naso. “Technology can help retailers and brands not only meet but exceed shopper expectations on the mobile web.”

Download the report at: http://resources.mobify.com/2018Q2MobileComme...eport.html

About Mobify Mobify  is a digital experience platform for building modern, customer-first shopping experiences through Progressive Web Apps (PWA), Accelerated Mobile Pages (AMP), and native apps. Working as a seamless extension of ecommerce and IT teams, Mobify and its network of partners use the Mobify Platform to help retailers and brands drive immediate revenue with a friction-free shopping experience that’s up to 43% faster than previous generation mobile sites. The platform-as-a-service (PaaS) enables leading global brands to embrace a superior PWA experience on mobile, and then extend it across desktop, tablet, and other digital touchpoints. Mobify's customers include digital innovators like Lancôme, Debenhams, Crabtree & Evelyn, Lilly Pulitzer, Payless Shoe Source, Carnival Cruise Line, US AutoParts, Hobbycraft, and PureFormulas.

Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/Attachm...a6fccfb9c7 http://www.globenewswire.com/NewsRoom/Attachm...dfc0923ce4

Contact: Betsy Kosheff 413-232-7057

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Nonprofit and Partners Gift Homes to Veterans

Updated Category News Views 100

A Heartfelt Gesture on Veterans Day Now this is the kind of story that gets you right in the gut. On November 9, two veterans, who were likely walking into a golf club thinking it was just another evening, were handed the keys to a future they might have only dreamt of: a mortgage-free home. Operation Finally Home, backed by the big names like Lennar and the patriotic...

Continue Reading
Cardinal Infrastructure Faces Legal Scrutiny Amid Losses

Updated Category News Views 125

Cardinal Infrastructure Group Under Intense Investor Scrutiny Well, ain't this a messy soup of financial blunders? Cardinal Infrastructure Group (Nasdaq: CDNL) finds itself on the sharp end of a potential securities law investigation, thanks to some colossal screw-ups in managing project costs and estimates. Investors are rightly pissed after the company's shares...

Continue Reading
WeFetch AI: A New Era in Barcode Precision

Updated Category News Views 155

WeFetch AI: What's in a Name? Forget about GreenCore Solutions Corp. We're talking about WeFetch AI Corp. now. They've just changed their name, fulfilling a bureaucratic tick as of November 13, 2026. But it ain't just a name change; it's a whole new ballgame in AI-driven commerce. AI Shopping Without the Guesswork We've all been there. You think you've ordered that...

Continue Reading
Novo's CagriSema Trial Shows Promising Obesity Results

Updated Category News Views 103

Novo's Latest Weight Loss Gamble Well, look what we have here. Novo Nordisk is shaking up the obesity treatment scene with some bold numbers from their REDEFINE 9 trial. The investigational CagriSema combo of amylin analog and GLP-1 receptor agonist has churned out an eyeball-popping near 21% weight loss. For context, we're staring down the barrel of numbers far meatier...

Continue Reading
Retirement Dreams Dashed: 61% Withdraw Early

Updated Category News Views 97

Retirement Caught in the Crosshairs Just when you think the path to retirement might clear up, life slaps down older workers with economic reality. A recent LiveCareer survey underscores this financial mess, revealing that 61% of those 50 and older are raiding their own retirement funds to make ends meet. It's enough to make one's head spin. Inflation: The Unwanted Guest...

Continue Reading
DraftKings Shares Tumble, Investors Grapple with Losses

Updated Category News Views 60

DraftKings' Bold Moves Hit Investor Pockets Hard It ain't every day you see a company gamble nearly $700 million and come out with egg on its face. Yet, that's what DraftKings (NASDAQ: DKNG) seems to have done, and now it's shareholders who might be left holding the bag. On November 6, 2026, when DraftKings admitted it was doubling down on its Predictions business...

Continue Reading
BTQ Technologies Calls Investors for Key Quantum Update

Updated Category News Views 122

You know what's stirring the pot over at BTQ Technologies? A shareholder call coming up soon, and boy, it's got 'eye-opening insights' written all over it. We're talkin' Q3 financial results and, likely, a smattering of future plans on the quantum front, folks. Diving into BTQ's Quantum Vision BTQ Technologies Corp. (NASDAQ: BTQ) isn't just another tech firm banging on...

Continue Reading
SmallRig Boosts Art-Driven Innovation in AI Era

Updated Category News Views 106

The Interplay of Art and AI In a world where the lines between man and machine blur faster than ever, creators like SmallRig are boldly asking: what role should authenticity play when AI takes the stage? The Shenzhen International Art Museum and SmallRig stood shoulder to shoulder, tackling this head-scrambling question with a global gathering of art and tech giants. It's...

Continue Reading
GTEC Faces Nasdaq Bid Price Compliance Challenge

Updated Category News Views 154

Greenland Technologies in a Tight Spot Man, stocks can be as unpredictable as a cat on a hot tin roof, and Greenland Technologies Holding Corporation (Nasdaq: GTEC) just got a cold splash of reality from Nasdaq. On November 10, 2026, they were handed a Notification Letter that ain’t exactly a love note. Their shares slipped below the one-buck hurdle, and Nasdaq isn’t...

Continue Reading
Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 96

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading

Top 5 Most Recently Viewed Articles

OMS Energy Technologies: Strong Performance in Fiscal 2025

Updated Category News Views 175

OMS Energy Technologies Inc.: Achieving Remarkable Financial Growth Today, OMS Energy Technologies Inc. (NASDAQ: OMSE), a leading provider in the oil and gas sector, shared its impressive financial results for the fiscal year ending March 31, 2025. This marks a pivotal milestone as OMS navigates through its initial year as a publicly traded company, reflecting its strong...

Continue Reading
Javier Milei's Impeachment: The Rise and Fall of LIBRA Memecoin

Updated Category News Views 318

The Growing Controversy Around Javier Milei Argentina President Javier Milei is currently facing serious impeachment calls following his promotion of a controversial meme coin known as LIBRA. This promotion has resulted in significant financial losses for countless investors, leading to a whirlwind of accusations and legal challenges. Details of the Allegations Against...

Continue Reading
Breeze Airways Secures $228M for Fleet Expansion

Updated Category News Views 240

Breeze Airways and AIP's Milestone Deal Just as the ink is drying on the balance sheets, Breeze Airways is busy making significant moves in the aviation game. Partnering with AIP Capital, they just locked in a $228 million secured debt facility to grab six new Airbus A220-300 aircraft. Now, that’s how you stake your claim in the market. What we’ve got here isn’t...

Continue Reading
Lightchain AI Boosts Growth with Innovative Token Reallocation

Updated Category News Views 185

Lightchain AI Expands Opportunities for Growth In an exciting development for blockchain enthusiasts, Lightchain AI has made a strategic decision to fuel its ecosystem growth by reallocating its team tokens. As a performance-focused Layer 1 blockchain, designed specifically for AI-native applications, this initiative comes as Lightchain AI enters a significant phase of...

Continue Reading
Coveo Achieves ISO/IEC 27701 Certification for Privacy Excellence

Updated Category News Views 155

Coveo Advances Privacy with ISO/IEC 27701 Certification With the ISO/IEC 27701 certification, the Coveo AI-Relevance Platform reaches a new standard for trusted and privacy-centric AI-driven digital experiences. This achievement signifies Coveo's commitment to a secure future in data handling and customer trust. Coveo (TSX: CVO), a leader in AI-Relevance, is known for...

Continue Reading