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In SEO,Is site speed important?

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yes it is, firstly for google, second for users who don't have 2 sec. time to wait till your site is loaded. if it is really slowly I suggest you may display a note for more understanding
 
Matt Cutts "a faster web is great for everyone, but especially for users. Lots of websites have demonstrated that speeding up the user experience results in more usage. So speeding up your website isn’t just something that can affect your search rankings–it’s a fantastic idea for your users."
 
The page speed is important both for google and for people.
Login to webmasters tools to get more information how to improve your page speed.
 
Google admitted that page speed is one of ranking factors. They have a tool which measures sites loading time: PageSpeed Insights
The result is between 0 and 100. Everything above 80 is ok.
Here are some basic tips on how to increase page speed: 5 SEO Tips To Boost Page Speed , but if you dig deeper, you will find more for sure.
Also, if your site loads slow, your bounce rate will jump and you will lose both visitor and google ranking.
 
Actully, the exact answer is that if your page speed is high, people will likely spend more time and use it more times, so it will increase your time spent and decrease your bounce rate, and that is what Google is interested, low bounce rate and high quality time spent.

I recommend you to check Google Page Speed (https://developers.google.com/speed/pagespeed/?csw=1) it will help you to detect what is slowing down your website and how to fix it. Good luck!
 
Page Speed matters for visitors on your website, if your visitors love your website, it will automatically rank up.

Other important thing which matters most in SEO is unique, attractive, content. Spend more time on content of your website than spending on SEO methods.
 
It is very important. If your web page speed is low, user or searcher come to your site and access internal pages that improve your bounce rate.
 
The importance of site speed is not all about the bots and the crawlers. Site users should also be considered when optimizing site speed.
They are the ones who make traffic and goal conversion. If they leave the site because of having a problem with its speed then it will be a waste or a loss for the site.
In short, every part of SEO is essential whether if it is simple or complicated.
 
Site speed is paramount. See MOZ for best practices:

Code: 
http://moz.com/learn/seo/page-speed


  • 73% of mobile internet users say that they’ve encountered a website that was too slow to load.
  • 51% of mobile internet users say that they’ve encountered a website that crashed, froze, or received an error.
  • 38% of mobile internet users say that they’ve encountered a website that wasn’t available.
  • 47% of consumers expect a web page to load in 2 seconds or less.
  • 40% of people abandon a website that takes more than 3 seconds to load.
  • A 1 second delay in page response can result in a 7% reduction in conversions.
  • If an e-commerce site is making $100,000 per day, a 1 second page delay could potentially cost you $2.5 million in lost sales every year. »tweet«
 
Yes. It directly affects your ranking.

Think in this way, if your website is loading very slow, then it will timeout most of the time and Google would not like to promote such a website.
 
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