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A recent study by US-based hosting provider Liquid Web has revealed that slow website performance is costing businesses thousands of pounds per year in revenue and draining resources at an alarming rate.
Slow Websites Costing UK Businesses
The study, which was based on a survey of 206 business owners from industries ranging from ecommerce to consulting, found that poor website performance costs businesses an average of 15 per cent of their annual revenue. For small businesses earning $119,000 / £93,000 annually, this translates to a loss of approximately £14,000 per year.
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