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Google Adds AI Insights to Google Analytics

Google Adds AI Insights to Google Analytics

 


Google has introduced new AI-powered elements to Google Analytics to help marketers make more informed decisions and capitalize on key opportunities as they arise.

The new update is part of Google Analytics 4, which has been in development for the past few years and will soon be your only option as Google phases out its existing standard and 360 Analytics tools. If you haven't upgraded to Analytics 4 yet, we encourage you to do so now (the older version will be retired on July 1, 2024). If you've already upgraded, you'll get access to these new features right away.

First, Google is rolling out newly generated insights, AI-powered notes that highlight important data events.

Our goal here is to explain the opportunities in your data in more simplified, plain language, to help you stay on top of each element.

According to Google:

Imagine if there was a spike in purchasing events over a set of discrete dates. Our AI engine processes countless combinations of dimensions and metrics to proactively connect the dots and explain why these spikes are occurring. These insights are written in a natural, easy-to-understand way, as if a colleague were summarizing your key points.

That means using conversational AI to better summarize key data notes, which may or may not help identify reasons for variation.

Google will also add aggregated impressions from linked Campaign Manager 360 accounts, providing more detailed insights into campaign performance throughout the funnel.

Plus, we're making it easier to view your non-Google campaign data in Analytics with improved cost data import: When you connect your Pinterest, Reddit, and Snap ad accounts directly from your Analytics property, your non-Google campaign data will automatically appear in your Cross-Channel Performance reports, mapped to the Analytics Traffic Source dimension alongside metrics like Ad Cost, Ad Clicks, and Ad Impressions.

Google is also rolling out cross-channel budgeting, which will include forecast reporting to track media pacing and projected performance against goals, and also plans to implement support for parts of the Chrome Privacy Sandbox API to provide more ways to measure campaign performance without the use of third-party cookies.

In other words, Google is moving towards integrating more post-cookie measurement tools into Analytics, which will provide more insights in line with evolving data privacy changes and eventually phase out cookie tracking altogether.

However, it is difficult to predict exactly when tracking cookies will be phased out, as Google keeps changing the cookie end date to minimize industry confusion. In April, Google delayed the phase-out of third-party cookies for a third time to comply with the requirements of the UK Competition and Markets Authority (CMA), raising various concerns about how this move will affect the entire digital marketing industry and Google's competitors in this field.

But at some stage, cookie tracking will be phased out, and when that happens, Google Analytics will ideally want to take steps along with AI tools to help identify more opportunities than ever before, even if the data becomes less insightful.

These new alerts are worth keeping an eye on and taking into account in your planning as they may add important new elements to your planning.

Sources

1/ https://Google.com/

2/ https://www.socialmediatoday.com/news/google-adds-ai-insights-to-google-analytics/720000/

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