A Back-of-Napkin Way to Work Out What a Slow Website Costs You in Enquiries
Most page-speed advice stops at "Google says fix it" and a score out of 100 that means nothing to anyone signing off the invoice. What actually moves a business owner is a dollar figure — so here's a rough, honest way to put one on your own slow website using numbers you can pull in five minutes. 💖
What most businesses get wrong
- Treating speed as an abstract score — a "73/100" on a speed test doesn't tell anyone what it's actually costing.
- Benchmarking against nothing — "our site feels fine" usually means "fine on the office wifi, on a decent laptop", not fine on a customer's phone on 4G.
- Fixing speed and never measuring the payoff — without a before-and-after number, speed work gets deprioritised again the next time budget's tight.
- Only testing on desktop — most enquiry-driving traffic for a service business arrives on mobile, where load times are almost always worse.
The back-of-napkin formula
Grab two numbers, then apply one rule of thumb:
Step 2: Your mobile load time (from Google PageSpeed Insights — use the real "Field Data" if it's shown, not just the lab score).
Step 3: Subtract 2 seconds (a reasonable benchmark) from your load time to get "seconds over".
Step 4: [Seconds over] × 4.42% ≈ the relative drop in conversion rate an often-cited ecommerce study links to each extra second.
Step 5: Visitors × your normal enquiry conversion rate × that relative drop = enquiries likely lost per month. Multiply by your close rate and average job value for a dollar figure.
Three worked examples
Where to actually pull your two real numbers
In Google Analytics (GA4), monthly visitors sits under Reports → Life cycle → Acquisition, or the top-line "Users" figure for the date range. For load time, run your homepage and your main enquiry page through PageSpeed Insights on mobile — if there's enough traffic, it'll show real "Field Data" from actual visitors, which is more honest than the simulated lab score. For your conversion rate, don't guess — count enquiries (form fills, calls, bookings) against sessions over the same period, or use whatever your booking or CRM tool already tracks.
Mistakes to avoid
- Testing speed only in the office — on fast wifi and a new laptop, when most visitors are on mobile data.
- Confusing "loads fine for me" with population-level results — your experience isn't representative.
- Fixing speed and never re-measuring conversion — you lose the ability to prove the fix was worth it.
- Chasing a perfect 100 speed score — instead of the load time your actual visitors experience, which matters far more.
Frequently asked questions
Is the 4.42%-per-second rule accurate for my business?
Honestly, not precisely — it's an average from ecommerce studies, and B2B or high-consideration purchases often behave differently to impulse retail buys. As a back-of-napkin exercise it's directionally useful for making the case that speed matters; it's not a lab-grade forecast for your specific business.
What actually counts as "slow"?
As a rough guide, mobile load times creeping past 3 seconds is where drop-off tends to accelerate. Check yours via PageSpeed Insights rather than guessing from how it feels on your own device.
Will fixing speed alone fix my enquiry numbers?
No — speed removes friction, it doesn't create demand or fix a weak offer, unclear copy, or a confusing enquiry form. Treat it as one lever in the mix, not the whole strategy.
How often should I re-run this calculation?
Quarterly is a sensible rhythm, or straight after any big design, platform, or hosting change — that's when load times most often quietly blow out again.
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