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Online Retail By the Numbers [infographic]

Are you ready for this? An astounding 40 percent of people will abandon a website if it takes longer than three seconds to load. That's why it's essential to have your website up and running in top form, as this Rackspace infographic proves.

There's a lot of money to be made in the online shopping community. In 2012 alone, people spent $226 billion shopping for what they need online. That money was spent between 167 million shoppers. The average consumer spends $1,207 each year shopping online.

Is your business ready to accommodate those shoppers? You'd better hope so, since 72 percent of visitors will abandon your site and go to a competing site if your site fails to load properly. As terrible as that is, what's even worse is that 58 percent of those that leave will never return.

Check out the infographic below for more insights on online retail by the numbers.

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(Photo credit: Rackspace)

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