NEW YORK (PRWEB) February 14, 2023
In its 2023 Digital Experience Benchmark Report, Contentsquare, the global leader in digital experience analytics, underscores the importance of engagement and dynamic experiences online, highlighting the areas brands must improve in order to bolster conversion and customer satisfaction. Consumer trend data shows that brands are losing customers when it matters most: when they’re trying to convert, particularly on mobile devices. On the contrary, brands that offer seamless cross-device customer experience (CX), particularly on the top three high-trafficked website areas – product detail pages, category pages, and the checkout page – are experiencing the most significant digital outcomes: lasting customer interaction, a boost in online conversions, a significant reduction in bounce rates, and better overall website performance across both desktop and mobile devices.
Key Benchmark Highlights
- Poor website performance is a real problem, with 36% of users reportedly having frustrating experiences on most websites–mostly attributed to slow page loads– leading to a sharp decline in engagement and retention.
- Another leading cause of frustration, rage clicks (when users repeatedly click on the same area of a website), affect 6% of browsing sessions
- However, high activity (1) sites are driving better outcomes for businesses — including major boosts in conversions (+19%) and session depth (+47%), and a decrease in bounce rates (-20%)
- With activity tied to higher conversions, businesses should focus on improving engagement across the three most trafficked page types — product, category and checkout
- Sustained engagement is key to digital success, as buyers consume on average more than 20 pages of content before conversion. But data shows a concerning trend that overall consumer patience and consumption is waning: session depth (2) per visit has dipped -2.3%, and overall time per session dropped -7.5% year-over-year.
- Many brands are losing customers at the checkout page, especially on mobile devices: 19.7% of mobile visits include time spent on a checkout page, but mobile conversions overall have dropped more than -4% year-over-year. In contrast, 18% of desktop visits include a checkout page and overall conversions on the device have jumped nearly +3% year-over-year.
“Data shows that engaging experiences have better outcomes: deeper journeys, higher conversions and fewer bounces. But our data also shows that today, one in three customers is still having a frustrating experience online — often because of poor site performance,” said Jonathan Cherki, CEO & Founder of Contentsquare. “People today expect more out of the interactions they have online. They want to be seen, heard, and responded to in meaningful ways. Optimizing digital content and creating seamless customer journeys is where you should focus to drive growth and retention.”
Give Customers a Reason to Stay, Convert, and Return Best Practices
Digital experience success is defined by three areas: capturing attention, reducing friction, and ensuring page content is relevant and seamless across the entire website. Merging paid channels and organic search to increase visibility, all the while prioritizing content that encourages interaction and engagement boosts the overall performance of a website. The average visitor journey is not deep– ~5 pages per session at a 50% scroll rate – companies need to identify high performing content and pull these assets, offers and CTAs higher up on the page. Additionally, knowing which content is never seen and which under versus over-performs, enables teams to invest in content more effectively, while improving conversion rates.
Providing clear information with speed, obvious prompts directing customers to the next stage of their journey by signaling pathways for search and discovery, and ensuring content is aligned with their intent gives brands a clear competitive edge.
Blend Experiences Across Devices
Seamless cross-device CX is a bigger priority than most brands realize and the importance of blended experiences is defining an emerging area of opportunity, according to the data. Consumers are exploring web pages through two primary devices - mobile and desktop – with conversion preferential to desktop. Browsing is typically relegated to mobile, where consumers ‘graze’ before making buying decisions. Fifty-five percent of all mobile traffic are new visitors, meaning losing customers due to poor CX can have a detrimental effect on revenue. While Checkout pages are still highly important for both desktop and mobile, mobile conversion rates are down year-over-year by -4%, and any attention paid especially to these final moments before conversion could minimize abandoned carts and frustrated customers.
Across devices, brands must prioritize delivering seamless end-to-end, tailored experiences that focus on customer value. A May 2022 consumer survey revealed 88% of customers say the experience a company provides is just as important as its products and services (3), an +18% increase from the year prior, proving that getting a customer to your website is only the beginning.
Lasting Relationships Are Defined by Understanding Customer Intent and Desired Experiences
Positive experiences don’t start and end with great products or prices, smart brands are uniquely tapping into emotions, too, focusing on bringing joy to the overall CX. Forrester Customer Experience index data from June 2022 cites “Elite brands…provide, on average, 15 percentage points more emotionally positive experiences compared to the rest of the field.”
The most trusted way to determine customer expectation, happiness, and satisfaction can be found in digital experience data. As customers evolve, so do their online behaviors, which are the breadcrumbs they leave that tell a bigger story–every click, scroll, search, mouse hover, page forward or backward, and time spent on a brand’s website are valuable insights for brands looking for meaningful ways to improve the digital experiences they deliver.
Contentsquare customers that have focused on leveraging digital experience analytics to improve CX throughout the customer journey have realized significant results: 602% ROI, an average of $6.6M in recovered income and additional income, and Contentsquare’s solution paying for itself in less than six months, according to a commissioned, in-depth Total Economic Impact™ (TEI) Study from Forrester Consulting.
The annual benchmark report aims to help brands benchmark their digital performance against industry averages, highlighting areas of opportunity and tips for tactical and strategic steps to take to achieve better business outcomes and customer success. The year’s report is based on analysis of 35 billion sessions, and 161 billion page views across 2,942 global websites. For more information and insights into how to optimize CX for better results, download Contentsquare’s full 2023 Digital Experience Benchmark report here.
(1) Calculated by time spent interacting divided by total session time
(2) Defined as page views per session
(3) May 2022 Consumer Survey By Salesforce
Contentsquare delivers the power to make the digital world more human. Its AI-powered platform provides rich and contextual insight into customer behaviors, feelings and intent — at every touchpoint in their journey — enabling businesses to build empathy and create lasting impact. The global leader in digital experience analytics, Contentsquare helps brands everywhere transform the way they do business, allowing them to take action at enterprise scale and build customer trust with security, privacy and accessibility. More than 1,000 leading brands use Contentsquare to grow their business, deliver more customer happiness and move with greater agility in a constantly changing world. Its insights power the customer experience on over 1 million websites worldwide. Founded in Paris and with offices around the world, Contentsquare has raised $810m in investment funding from leading investors, including Softbank, BlackRock and others. For more information, visit http://www.contentsquare.com.