Google Analytics is a free web analytics tool which can be used in digital marketing to measure and analyze the performance of a site and the traffic it receives to make better decisions. The latest version of this platform is Google Analytics 4. Starting on July 1, 2023, Google is replacing Universal Analytics with Google Analytics 4, so make the switch soon to avoid losing any data. Read on to find out more about this tool and how to start working with it.
Google Analytics 4, also known as GA4, is the latest generation of Google Analytics. This platform can provide valuable information about your website, such as how many people visit your site, what pages they view, where they view them from, how much time they spend on the site, etc. You can also use this tool to track your digital marketing campaigns' performance.
If your website is an essential point of sale and a virtual channel in your marketing strategy, you and your team need to learn to use Google Analytics 4 and keep up with the latest developments.
Google Analytics 4 is a significant evolution from its previous version, GA3. These are the main new features you can find:
In addition to the numerous advantages outlined above, there is an urgent need for Universal Analytics (UA) users to transition to Google Analytics 4T. Effective July 1, 2023, UA will cease to collect data, making it imperative to migrate and embrace the capabilities of Google Analytics 4 before it's too late. Although historical data will be accessible six months after the transition, it is crucial to act promptly to prevent data loss beyond that period.
Unlike GA3, GA4 is based on tracking events or user actions in an application or website. This includes things like clicking on a tab or playing a video. Every time something like this happens, i.e., every time an event occurs, GA4 receives a notification containing information about the event, such as the device the event occurred on, the type of event it was, the page where it occurred, and many other details.
GA4 allows these events to be classified and organized into categories or through tags. This facilitates analysis and allows digital marketing experts or website owners to know the most common actions among users. In turn, this gives them a clearer view on how to refine their conversion process.
Finally, GA4 makes many default metrics available to its audience. These analyze an application or website's performance, including the number of events per user, the time spent on a web page, and the bounce rate. In addition, you can add custom metrics that examine specific aspects that are of interest to your company.
The first step is to create an account.
Next, you must assign properties to each website or application you want to analyze.
After assigning properties, you must create a unique tracking ID or identifier for each property.
It’s time to integrate the identifier into the website or application. You can do it manually; tools like Google Tag Manager can simplify the process and make it more efficient.
Once the integration is complete, specify which events you want to track and analyze. This includes defining tags and categories for these events. You can also set up custom metrics and objectives to align with your specific tracking requirements.
Once you have completed these steps, Google Analytics 4 will start collecting information in real time, and you will have access to graphs and reports on your results.
Once you are inside the platform, you will have access to different reports:
The Analysis Center is where you find the information and reports that can really add value to your business and help you make decisions. This is where you can create customized reports and ignore the extra information the platform provides that can cause confusion or detract from your analysis.
The first time you enter the Analysis Center, you might feel overwhelmed by the number of sections and metrics, but the guide below will help you understand what each item on the screen indicates, and soon you'll get used to moving around in this panel.
We hope this helped you to learn more about the new version of Google Analytics. Good luck with your analysis!