Did you know Universal Analytics has been replaced by Google Analytics 4 since July 1, 2023? This means that if you want to track your website activity, Google Analytics 4 property will be the only go-to tool you can use. Reportedly, changes in customer behavior and online policies have driven this change.
Want to learn how to use GA4 to track and improve your marketing performance? In this guide, we will cover all aspects of Google Analytics and how it works. Let's get going!
Let's begin by understanding what GA4 is.
Google defines GA4 (previously known as App + Web) as the 'next-gen' of analytics. Its primary aim is to empower you with valuable data stemming from the lifecycle of a customer journey. Some of the most important customer data points you can get include levels of engagement, retention, and monetisation.
Pro tip: Note that all this data is available only after the customer has been acquired.
Google Analytics 4 aims to provide a more complete, 360-degree view of the customer from across platforms and devices. Here's a snapshot of its key features to help achieve this:
As you can imagine, this shift allows for a more granular understanding of user behavior.
If you’re using GA4, remember to apply the necessary steps to protect your customer data. This improves their trust and confidence when making transactions to your business.
The Google Analytics 4 property constantly gets updated with new power-packed features that offer a range of benefits, such as:
Checkout journey report
This feature demonstrates the number and % (percentage) of users who initiate checkout on an eCommerce website or app and complete the subsequent steps in the checkout funnel. This kind of monetization data is extremely useful for ecommerce websites and apps.
User data export in BigQuery
The user data export is available with the BigQuery connector. This functionality helps you to enable tables, each representing a unique user and specific user characteristics, such as:
Deeper Google Ads integration
Marketers understand the importance of tracking and analyzing the performance of Google Ads campaigns. The Google Ads integration helps you to:
Audiences report
Google Analytics 4's new Audiences report empowers marketers to identify the most engaged and profitable audiences.
Custom reports builder
This feature now has a vast variety of ecommerce dimensions and metrics, so you can create your own ecommerce reports from scratch or edit the existing ones. Some of the most useful ecommerce dimensions included are:
Reorganized reporting
Tracking a customer throughout the marketing funnel and gaining more visibility are now simplified, thanks to an addition called 'Life Cycle.' This offers reports for Acquisition, Engagement, Monetization, and Retention.
Moreover, the 'Analysis' section offers ready-made templates for analyzing user journey, conversion funnels, cohort analysis, and so on.
Want to boost your marketing efforts? Aside from monitoring customer data and activity, leverage business directory listings and optimise your website for search engines. With these online marketing methods, it won’t be long until you see organic growth for your business soon!
Want automatic alerts for data trends (think: increased demand for a product for instance)? Do you want to predict customer actions with accurate churn probability? Wish to use more predictive metrics (read: revenue estimates from user base) to drive growth?
Google Analytics can be used in all these scenarios and more. Here's a quick run-through of all the real-world applications of using Google Analytics 4:
Leveraging a machine learning-based approach, Google Analytics 4 empowers users with cross-platform customer insights. When it comes to the design, it values privacy above all else.
This makes GA4 a reliable and risk-proof tool, even if there are gaps in your data due to cookie restrictions.
If you haven't already, create a new GA4 property and use insights as your primary ammo to get ahead of the curve!
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