A few good charts showing why website design matters

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A data science consultancy called Change Sciences Group has released a report detailing how poor website design can harm business. The report focuses on retirement- and investment-industry websites such as T. Rowe Price, TD Ameritrade a,d E*Trade, but the lessons can easily be applied elsewhere as well.

This isn’t 2001: Consumers expect simple websites. Yes, the reasons people visit websites certainly affects whether or not they actually purchase a product, and brokerages probably have different clientele than consumer websites and even consumer banks. But it stands to reason that better web design translates to better business whatever the case. (In fact, our entire RoadMap conference in November is dedicated to the importance of design across all types of products.)

retirement1retirement2Here are screenshots of the T. Rowe Price and Amazon websites, just for the sake of comparison. At a quick glance, it’s pretty easy to see that Amazon makes it clear it sells things and you can buy them. I’m not even sure where I’d get started if I were new to T. Rowe Price. Obviously, the Change Sciences Group uses a more-quantitative methodology.

trowe screen amazon screen

10 Comments

Jerralyn Tanoc

Wow, interesting information. I definitely agree that web design matters in some aspect such as it helps to develop or to have you own business branding. You data is amaze me.

lovelyseo786

This was a great article on web design that really was really helpful to me and I really can’t wait to learn more from your valuable experience. This was really very interesting to me.

Barry

Where do you get Amazon’s conversion rate being at 90%? I’ve never seen a conversion rate quoted for Amazon above 11%.

Ecumen

Yeah, A design that attracts consumer at the first look because first impression is the last impression.

shahzaibkhi

An engaging e-commerce helps increase in conversion rates and market share. But usability outranks all the other elements of a web design. If a user cannot find the product, how is he going to buy this?

marge

Simple, simple, simple. Three words that engage customers. Steve Jobs had this mantra ingrained in every product Apple developed.

Sincronix

People need to see a website easy to access. When you open a site and you search for a button, a page or something, you may loose your patience and close the site. So, my opinion is that a website must be simple but with a beautiful design and color.

Dilbert

You are kidding me. We needed to “Research” this? You Pointy-Hairs amaze me.

– Dilbert

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