eBook

How mobile performance builds consumer confidence.

Unpacking consumer concerns and opportunities to grow mobile conversions.

Young man in a clothing store rating his experience on his smart phone
Overview

Mobile devices are ubiquitous, shaping how we interact with the world. Yet, despite the constant stream of taps and swipes, mobile commerce hasn't fully bloomed. This report delves into why, exploring consumer behavior, trust barriers, and performance roadblocks—ultimately revealing how to make mobile your star player.

Methodology

We surveyed 1,600 US and UK consumers and crunched anonymous data from the Quantum Metric platform to bring you this mid-year report. Consider this your cheat sheet for a mobile makeover.

Section 1

Mobile's mixed signals.

Mobile is the heartbeat of digital activity:

Icon Mobile Phone with charts
73% of monthly traffic across industries comes from mobile.
Icon mobile phone with growing chart
And traffic keeps growing, up 6% on average since January.
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Travel sees the greatest share of mobile traffic (73%).

While financial services sees the least (56%).

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We're spending more time on mobile too – 20% more than we were in 2023.
2024 mobile traffic shares: By industry
Char, 2024 mobile traffic shares by industry

Yet, mobile's role isn't fully realized:

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75% browse on a mobile device at least 2+ times a day.
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But, just 26% buy on their phones daily.
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Mobile only accounts for 47% of monthly sales.

Even less so for travel (39%).

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1 in 5 consumers regularly buy on mobile.

Why? In many cases, mobile gets the supporting role:

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39% use their phones daily to research purchases.
Icon mobile phone shopping
59% use phones weekly to enhance in-person shopping experiences.
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69% research high-value items on mobile, but buy on desktop.
Icon mobile phone searching for flights
59% research their next trip on mobile.
Young professional using his phone while standing in a spacious and modern office, high angle

The wishlist flip:

While in the past desktop has had higher abandoned cart rates - the telltale sign for wish lists - 2024 has seen this flip for the first time with rates for mobile up to 10% higher than desktop.

Percent difference: Mobile and desktop abandonment rates
Chart, Percent difference, Mobile and desktop abandonment rates

So the question is not how to get consumers to use mobile, but how to get them to purchase on mobile—with bigger carts and more frequency.

Section 2

Where mobile wins.

Let’s start with what is getting purchased on mobile:

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39% complete the whole purchase on mobile.
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33% make everyday purchases on mobile.
Icon mobile phone hotel booking
24% booking their hotels and flights completely on mobile.
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33% order new subscription services on mobile.
Survey responses: Which of the following items do you purchase completely on mobile?
Mobile Benchmark 2024 chart

When it comes to where to shop on mobile, consumers are divided:

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37%
Prefer mobile browsers.
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39%
Prefer branded apps.
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13%
Turn to social media.

App conversion rates are 3X higher than mobile web. As seen in the graph below, IPhone apps have the highest CVR, sometimes even 4X higher than web.

2024 monthly conversion rates: By mobile type.
Chart 2024 Monthly Conversion Rates by Mobile Type

But, consumers aren’t going with just every app they see. In fact, 33% have reduced the number of apps on their devices and 22% have disabled app notifications in the past 12 months. Building the right channel is the first step to mobile success.

Section 3

The trust factor.

A big factor in mobile spending is consumer trust and comfort - that’s where the struggle begins:

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59% only feel confident making a purchase for $50 or less on mobile.
Icon of mobile phone with coins stacked next to it
A mere 17% feel confident with purchases over $250.
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39% lack confidence in mobile banking transactions.
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25% feel confident booking a flight or hotel on mobile.

And price sensitivity can have a major impact.

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For retail, desktop average order values are 70% higher than mobile.
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For travel, desktop order values are nearly 2X higher than mobile in 2024.
2024 monthly AOV: By device + industry.
Chart, 2024 Monthly AOV by Device and Industry
Concerned man looking at a mobile phone

So, what fuels this distrust and discomfort on mobile?

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43%
Errors that cause inaccuracies or roadblocks.
Icon of mobile phone and tools
33%
Lack of tools found on desktop.
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25%
Security concerns.

It’s all about performance. If digital brands want to drive more users they need to make consumers believe that the mobile experience is better than the web.

Section 4

Performance pain points.

Taking a look under the mobile hood, it’s no wonder consumers have mobile trust issues:

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43% have experienced app crashes.
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45% have encountered bugs, causing half to abandon their activity.
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59% have experienced slow performance.
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49% have had payment failures.

In fact, errors rates overall are 2-3X higher on mobile than desktop.

With both mobile apps and mobile web having their issues.

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Rates for errors such as API 500 or API Forbidden are nearly 10X higher on app than mobile web.
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Meanwhile, mobile web sees long spinner rates that are 2X higher on average.
2024 Error rates: By mobile type
Chart, 2024 Error Rates by mobile type

And each industry also had its own quirks:

Icon of mobile phone with bugs and connecting lines
Travel saw API 500 error rates were 124% higher on mobile and API forbidden rates that were 83% higher.
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Retailers saw long running spinner rates on mobile that were 42% higher than desktop.
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FSI also saw long spinner rates on mobile that were 48% higher than desktop.
2024 Error Rates: By Industry.
Error Rates by industry, Travel
Error Rates by industry, Retail
Error Rates by industry, FSI

So what do customers want?

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39%
Demand better security.
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35%
Want more reliable payments.
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36%
Crave improved app stability.

And they want their experiences to be quick. In fact, most users expect mobile transactions to take 3-5 minutes. Any longer and 55% would abandon. Quantum Metric data supports this showing a direct correlation in the below graph between increases in API Timeout Rates and Abandoned Cart Rates.

2024: Abandoned cart rates VS API Timeout rates.
Chart of abandoned card rates vs API timeout rates in 2024

Want your mobile insights to look like ours? Discover more about your mobile app experience with our on-demand demo. Learn the fundamentals of mobile app analytics and see how enterprises use our solution to create outstanding mobile experiences.

Mobile Benchmark 2024 report photo
Closing

From flawed to fabulous.

Understand the difference between tracking users on mobile web, native app, and hybrid app.

Mobile commerce isn't doomed—it's simply not living up to its potential. By making the right investments, businesses can tap into mobile's potential.

This includes:

Data-driven insights:

Leverage data to pinpoint areas for improvement, understand customer journeys and measure the impact of optimizations.

Transparent communication:

Clearly communicate security measures, error handling procedures, and expected transaction times.

Personalized experiences:

Tailor the mobile experience to individual preferences, offering relevant product recommendations and promotions.

Enhanced security:

Invest in robust security measures to protect user data and build confidence in mobile transactions.

It's time to turn mobile's promise into profit. In fact, Quantum Metric customers who invest in mobile see a 60% increase in average order values year over year.

Cover of a buyers guide titled Native app analytics: 8 critical criteria

Want to learn more about how you can boost your approach to analytics?

Check out our guide for the 8 critical criteria to native app visibility:

Finally get that real-time insight into your native app experience while protecting customer data and minimizing performance impact.

About Quantum Metric.

As the pioneer in Continuous Product Design, Quantum Metric helps organizations put customers at the heart of everything they do. The Quantum Metric platform provides a guided approach to understanding the digital customer journey, enabling organizations to recognize customer needs, quantify the financial impact and prioritize based on the impact to the customer and business’ bottom line. Today, Quantum Metric captures insights from 40% of the world’s internet users, supporting globally recognized brands across industries including retail, travel, financial services and telecommunications.For more information about Quantum Metric, visit