Data: Consumers grow more demanding, impatient as brands fall behind

There’s considerable evidence that consumers are growing more impatient and less tolerant of poor or frustrating online experiences. There’s also increasing evidence that most brands aren’t keeping up with customers, creating significant risk and lost opportunities. This gap is reflected in all the CX (consumer experience) research and reports coming out. There’s also a strong undercurrent of this theme in the Google “micro-moments” research and discussions. All the data about mobile page speeds and consumer abandonment support this idea: The average U.S. retail mobile site loaded in 6.9 seconds in July 2016, but, according to the most recent data, 40% of consumers will leave a page that takes longer than three seconds to load. And 79% of shoppers who are dissatisfied with site performance say they’re less likely to purchase from the same site again. Most recently, Google said that geo-modifiers (e.g., ZIP codes) have declined by 30 percent, even as local search volumes have increased: [D]emanding mobile users now assume Search Engine Land Source

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