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Marketing

GA4: The new version of Google Analytics for your website

- January 9, 2023 -

Google announced GA4 just a year ago, this new data measurement tool for web and applications, and it is expected that by July 1, 2023 it will be active on all sites that work with Universal Analytics. That is, from 2022 there will be no updates to Universal Analytics, as efforts will be focused on the new features of GA4.

GA4 same information in an improved version

This tool follows the line of Universal Analytics, whose purpose is to know the behavior of a user when browsing our site, and thus be able to make improvements in our environments, but do you know the new features that are coming and how you can apply them? We'll tell you about them.

Some of the main differences between Universal Analytics and GA4

  • GA4 works with events and parameters instead of sessions, this allows multiple events to be grouped in a single hit, and thinking about the future, Google seeks to anticipate making a complete and global analysis of the user and their behavior with improved metrics and up to 500 custom events.
  • Some of the main measurement systems that we used to configure through GTM now come by default in GA4, such as page_view and scroll. Thus, cross-device and cross-channel can be read from the same place, simplifying.
  • The statistics are based on Analytics Intelligence, which allows us to access a more comprehensive set of data.
  • We stop working by panels, being able to create more intuitive and customized reports based on our main metrics, either within the tool itself or for a periodic download of the information in CSV or PDF.
  • GA4 is also mindful of user privacy and reliance on cookies, Google Signals and User_IDs are among them. This allows us greater access control, while keeping sensitive information well stored.
  • While the data is presented in a much more graphical and visual way, unlike UA, which was easy to use for anyone with an average knowledge of digital marketing, GA4 requires more technical and advanced knowledge of digital analytics.
  • GA4 operates on all platforms, gathering information from different sources, GTM becomes its main ally.

GA4 applied to digital strategy

To have an effective digital marketing strategy is necessary to measure the reach of the information of our site, that is where Google and its different options begin to gain importance, we tell you why.

  • GA4 is a free tool that provides you with all the information you need to know the path that a user takes on your website and thus be able to improve your digital strategy (Flow). To do this, it is essential to take into account the audience, acquisition, user behavior and conversions; these will be our reference metrics.
  • GA4 performs a more intelligent analysis compared to its predecessor Universal Analytics. The metrics are more predictive and indicate, among other things, the likelihood that a user will continue to consume the content or decide to go to another site.
  • In order to develop a complete digital strategy, we recommend analyzing and identifying the most relevant information for our business, assuming that there will be predefined, customized and automatic events; but being able to create a real-time customization that helps us to correct all errors or improve as an organization.
  • We emphasize that GA4 is so complete that we avoid resorting to other external applications for measurement, which simplifies the processes.

GA4 and the future of digital analytics

Taking as a reference the needs demanded by users and the importance of measurement for their businesses, Google has indicated that it plans to continue reinforcing this new update in the coming years, which implies constant training for professionals in the sector.

Learn about our digital marketing services:

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Javier Jordan

Javier is an experienced banker and financial advisor with over 20 years of experience in banking and financial advisory services covering capital markets, project and structured finance, syndicated loans origination and distribution.

Prior to joining PKF Attest CM, he worked at Banco Santander and prior to that at Banesto were he was Head of Structured Financing for the Basque Country region, responsible for origination, risk analysis, debt structuring and syndication of a wide range of financing products: corporate finance, project finance, LBO and debt restructuring.

Before Joining Banesto, Javier worked at Accenture and Management Solutions where he was senior consultant in different international projects covering banking and insurance sectors.

Javier holds BA Hons in Economics and Business Administration from Deusto University

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Jokin Cantera

Jokin has over 25 years of commercial and investment banking experience, with most of his career developed at Banco Santander, Banesto and JP Morgan Chase.

Prior to PKF Attest CM, Jokin worked at Santander Global Banking & Markets division (SGBM) in London, where he was Head of Northern European Institutional Sales, covering credit markets, rates and FX distribution of flow and non-flow products.

Before joining Banco Santander, Jokin was deputy general manager of the wholesale banking division at Banesto, responsible for credit markets (origination, trading and distribution), ACPM, securitization, rates and structured products distribution. He was also head of institutional sales, responsible for the structuring, origination and distribution of credit, rates, FX and multi-asset products to institutional investors.

With a strong innovative mindset and an entrepreneurial approach, Jokin was co-responsible for the creation of the Banesto Funding Platform, a unique primary bond market platform that helped corporates access the capital markets recurrently and efficiently through primary MTNs and CP issuance. He was also a board member of Banesto Financial Products PLC.

Jokin holds a BA Hons degree in Economics and Business Administration from Deusto University and has attended IESE, Chicago GSB & IE management programmes in Madrid and London.

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Wafi Saleh

Wafi has over 20 years of corporate and investment banking experience, with most of his career developed at Banco Santander and Banesto.

Prior to joining PKF Attest CM, he occupied various positions at Santander Global Banking & Markets division (SGBM), where he was Head of Middle East Corporates, Head of the Global Funding Platform, Head of the MTN Desk at the European Bond Syndicate, responsible for Private Placements origination covering European: Corporates, FIG, & SSA issuers.

Before joining Banco Santander, Wafi worked at Banesto, where he was Head of DCM, Bond Syndicate and the Funding Platform. He has extensive experience in bond issuance and has set up and managed the SPV, the EMTN and ECP programmes for the bank and corporate clients, issuing vanillas and structured notes. He was a board member of Banesto Financial Products PLC and Santander International Products PLC.

Wafi has an outstanding fingerprint in the capital markets and is co-responsible for the creation and management of the Banesto Funding Platform, a unique primary bond market platform that helped corporates access capital markets recurrently and efficiently through primary MTNs and CP issuance.

Wafi holds a BA Hons degree in International Business and Management studies from the European Business School, London, and has attended IESE management development program in Madrid.

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