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18/07/2024Google is introducing new AI-powered features to Google Analytics to assist marketers in making informed decisions and leveraging important opportunities as they emerge.
These updates are part of Google Analytics 4, which has been under development for the past few years and will eventually replace existing standard and 360 analytics tools. If you haven’t upgraded to Analytics 4 yet, it’s advisable to do so soon. For those already using Analytics 4, these new features will soon be available.
Google is rolling out new AI-powered generated insights in Google Analytics, which will highlight key data events.
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The goal is to offer simplified, plain-language explanations of opportunities within your data, ensuring you stay informed about each aspect.
According to Google:
“Imagine your “Purchase” events spiked on a series of individual dates. Our AI engine works through the countless combinations of dimensions and metrics to proactively connect the dots, explaining why these spikes are happening. These insights will be written in a natural, easy-to-understand way, almost like a colleague summarizing your key takeaways.”
So Google is employing conversational AI to effectively summarize key data points, which can assist in identifying the reasons behind any fluctuations.
Additionally, Google is integrating aggregated impressions from linked Campaign Manager 360 accounts, offering deeper insights into campaign performance across the entire funnel.
“Additionally, we’ll make it easier to surface non-Google campaign data in Analytics through improvements to cost data import. By connecting your Pinterest, Reddit, and Snap advertising accounts directly from your Analytics property, you will automatically see non-Google campaign data in your cross-channel performance report, it will be mapped to Analytics traffic source dimensions with metrics like “ads cost,” “ads clicks” and “ads impressions.”
Google is also introducing cross-channel budgeting, which includes a projections report to monitor media pacing and projected performance against target objectives. Additionally, Google plans to support Chrome Privacy Sandbox APIs, offering alternative methods to measure campaign performance without relying on third-party cookies.
In other words, Google’s also moving to integrate more of its post-cookie measurement tools into Analytics, which will provide more insight in line with its evolving data privacy shifts, which will eventually see the full phase-out of cookie tracking.
Source: Social Media Today
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