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Transforming Data
with Google
Analytics 4
Analytics Alchemy
Introduction
Alchemy in marketing analytics refers
to the process of transforming raw
data into valuable insights and
strategies that can lead to improved
performance in generating revenue.
Analytics Alchemy
Why GA4?
@venkymadhan
Why now?
@venkymadhan
But what marketers love?
@venkymadhan
However how about an alternative than GA4?
@venkymadhan
We said Hello GA4
@venkymadhan
Still…..
@venkymadhan
Did we know?
Google Analytics 4 is a
mega technology, as it is
used by at least
14,605,242 websites on
the Internet.
Source: builtwith.com
More Insights
● Google Analytics is currently used by 38 million
websites.
● Google Analytics 4 (GA4) is used by 13.5 million
websites .
● 89.5% of websites using web analytics tools
utilize Google Analytics. This also represents
55.5% of all websites.
● The United States has the largest number of GA4
users in the world, with an estimated 3,2 million
websites. As of August 16, 2023, approximately
24% of GA4 sites are from the U.S., which is a
significant proportion.
● The United Kingdom ranks second in terms of GA4
usage. Currently, the other leading countries of
Google Analytics 4 are Russia, Japan, India,
Canada, and Australia.
@venkymadhan
2003 Nov 2011 Oct 2014 Jul 2019 Oct 2020
Urchin Introduces
UTM - Urchin Tracking
Module
Google Acquires
In-App Analytics
Firebase which was
Founded in 2011
Google Acquires
Urchin and Brand as
Google Analytics
Google Releases -
Google Analytics 4
Google Launches
App+Web property
Beta
Google Analytics
becomes
Universal Analytics Google Launches
Gtag.js
Power to track GAds
Google Analytics Birth to Now
March 2005 Aug 2017
@venkymadhan
What this means to us?
● New metrics available to track engagement like scrolls,
outbound clicks, video engagement and file downloads
● GA4 comparisons to historical data in UA might be skewed.
There are key changes to the way the following metrics are
collected: Users, Pageviews, Sessions and Bounce Rate.
● Learning a new reporting interface.
@venkymadhan
What has Changed?
1. New setup: GA4 combines app and website data
2. New data model: uses event based data instead of session
based. GA4 is focused on engagement over pageviews
3. New privacy controls: has predictive capabilities to work
around increased privacy restrictions such as cookie-less
measurement, and behavioral and conversion modeling
4. New reporting: This is a new collection of advanced
techniques that go beyond standard reports to help you
uncover deeper insights about behavior.
@venkymadhan
Wait, is that all?
What is GA4 all about?
@venkymadhan
How this is different from Universal Analytics?
@venkymadhan
Top Cool Features of GA4
1. Cross platform data unification
2. AI Powered Insights and Collections
3. Audience Triggers
4. Suggested Audiences
5. Advance Analysis Tools
6. Reporting Template Gallery
7. Access to Bigquery streaming report
@venkymadhan
Data Unification
GA4 Provides us with 3 different methods to
identify users.
- User ID
- Signals, and
- Device ID
Once the above is done, Analytics combines this
insight into Single user journey.
@venkymadhan
Audience Triggers
GA4 Provides us Audiences Triggers, we can set up Audience Triggers to understand
- Loyal Users
- Most Valuable Users
- Any criteria we want to setup and
- Customize audiences by ML based criteria
This becomes possible when the audience becomes members. @venkymadhan
Predictive Metrics
Metric Definition
Purchase
probability
The probability that a user who was active in the last 28
days will log a specific conversion event within the next 7
days.
Churn
probability
The probability that a user who was active on your app or
site within the last 7 days will not be active within the
next 7 days.
Predicted
revenue
The revenue expected from all purchase conversions within
the next 28 days from a user who was active in the last 28
days.
@venkymadhan
Suggested Audiences
In GA4 you can configure a Custom audience based on your business KRA
- Registered Users
- Leads
- Product Item Searchers
- Cart Adandoners
- Billable users
@venkymadhan
Template Gallery
GA4 Reporting Templates has
- Funnel exploration
- Cohort Exploration
- Path Exploration
- User Exploration
@venkymadhan
AI : Analytics Intelligence
Analytics Intelligence has
- Default Prompts
- Search based Prompts
- Insights with Quick reports
@venkymadhan
GA4 & GCP / Bigquery
GA4 & GCP / Bigquery
- Advanced Data Insights and Decision Making
- Advanced Audience Segmentation and Personalisation
- Integrate with other Google Services
- ML & AI Integration
This enhanced setup is helpful for ecommerce, publishing houses, retail orgs.
@venkymadhan
And.. what GA told us with historic data?
@venkymadhan
What we’ve heard till now is 5%
@venkymadhan
Tip of the iceberg
@venkymadhan
More work to do
Venkatesa Madhan
Leadstack
Fractional CMO
@venkymadhan
Venkatesa Madhan

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Analytics Alchemy - Transform your data with GA4.pdf

  • 3. Alchemy in marketing analytics refers to the process of transforming raw data into valuable insights and strategies that can lead to improved performance in generating revenue. Analytics Alchemy
  • 6. But what marketers love? @venkymadhan
  • 7. However how about an alternative than GA4? @venkymadhan
  • 8. We said Hello GA4 @venkymadhan
  • 11. Google Analytics 4 is a mega technology, as it is used by at least 14,605,242 websites on the Internet. Source: builtwith.com
  • 12.
  • 13. More Insights ● Google Analytics is currently used by 38 million websites. ● Google Analytics 4 (GA4) is used by 13.5 million websites . ● 89.5% of websites using web analytics tools utilize Google Analytics. This also represents 55.5% of all websites. ● The United States has the largest number of GA4 users in the world, with an estimated 3,2 million websites. As of August 16, 2023, approximately 24% of GA4 sites are from the U.S., which is a significant proportion. ● The United Kingdom ranks second in terms of GA4 usage. Currently, the other leading countries of Google Analytics 4 are Russia, Japan, India, Canada, and Australia. @venkymadhan
  • 14. 2003 Nov 2011 Oct 2014 Jul 2019 Oct 2020 Urchin Introduces UTM - Urchin Tracking Module Google Acquires In-App Analytics Firebase which was Founded in 2011 Google Acquires Urchin and Brand as Google Analytics Google Releases - Google Analytics 4 Google Launches App+Web property Beta Google Analytics becomes Universal Analytics Google Launches Gtag.js Power to track GAds Google Analytics Birth to Now March 2005 Aug 2017 @venkymadhan
  • 15. What this means to us? ● New metrics available to track engagement like scrolls, outbound clicks, video engagement and file downloads ● GA4 comparisons to historical data in UA might be skewed. There are key changes to the way the following metrics are collected: Users, Pageviews, Sessions and Bounce Rate. ● Learning a new reporting interface. @venkymadhan
  • 16. What has Changed? 1. New setup: GA4 combines app and website data 2. New data model: uses event based data instead of session based. GA4 is focused on engagement over pageviews 3. New privacy controls: has predictive capabilities to work around increased privacy restrictions such as cookie-less measurement, and behavioral and conversion modeling 4. New reporting: This is a new collection of advanced techniques that go beyond standard reports to help you uncover deeper insights about behavior. @venkymadhan
  • 18. What is GA4 all about? @venkymadhan
  • 19. How this is different from Universal Analytics? @venkymadhan
  • 20. Top Cool Features of GA4 1. Cross platform data unification 2. AI Powered Insights and Collections 3. Audience Triggers 4. Suggested Audiences 5. Advance Analysis Tools 6. Reporting Template Gallery 7. Access to Bigquery streaming report @venkymadhan
  • 21. Data Unification GA4 Provides us with 3 different methods to identify users. - User ID - Signals, and - Device ID Once the above is done, Analytics combines this insight into Single user journey. @venkymadhan
  • 22. Audience Triggers GA4 Provides us Audiences Triggers, we can set up Audience Triggers to understand - Loyal Users - Most Valuable Users - Any criteria we want to setup and - Customize audiences by ML based criteria This becomes possible when the audience becomes members. @venkymadhan
  • 23. Predictive Metrics Metric Definition Purchase probability The probability that a user who was active in the last 28 days will log a specific conversion event within the next 7 days. Churn probability The probability that a user who was active on your app or site within the last 7 days will not be active within the next 7 days. Predicted revenue The revenue expected from all purchase conversions within the next 28 days from a user who was active in the last 28 days. @venkymadhan
  • 24. Suggested Audiences In GA4 you can configure a Custom audience based on your business KRA - Registered Users - Leads - Product Item Searchers - Cart Adandoners - Billable users @venkymadhan
  • 25. Template Gallery GA4 Reporting Templates has - Funnel exploration - Cohort Exploration - Path Exploration - User Exploration @venkymadhan
  • 26. AI : Analytics Intelligence Analytics Intelligence has - Default Prompts - Search based Prompts - Insights with Quick reports @venkymadhan
  • 27. GA4 & GCP / Bigquery GA4 & GCP / Bigquery - Advanced Data Insights and Decision Making - Advanced Audience Segmentation and Personalisation - Integrate with other Google Services - ML & AI Integration This enhanced setup is helpful for ecommerce, publishing houses, retail orgs. @venkymadhan
  • 28. And.. what GA told us with historic data? @venkymadhan
  • 29. What we’ve heard till now is 5% @venkymadhan
  • 30. Tip of the iceberg @venkymadhan