Google has unified the definitions of conversions across Google Analytics and Google Ads, simplifying how these metrics are measured and reported. Here’s a detailed breakdown:
Key Events
- Definition:
- A key event measures a critical action important to your business success, such as a purchase or newsletter signup.
- These events are recorded in Google Analytics and appear in Analytics reports.
- Creating Key Events:
- Identify or create an event that measures the desired action.
- Mark the event as a key event in Google Analytics.
- Example: If a user scrolls to 90% of a lead-generation page, mark this as a key event to track how many users engage deeply with your content.
- Benefits:
- Enhanced behavioral reporting.
- Insight into user interactions across all channels.
Conversions
- Definition:
- A conversion is an important action derived from a key event that helps measure ad campaign performance and optimize bidding strategies.
- Conversions provide consistent metrics across Google Analytics and Google Ads.
- Creating Conversions:
- Identify a key event in Google Analytics.
- Create a new conversion in Google Ads based on this key event.
- Example: Mark the ‘generate_lead’ event as a key event and create a Google Ads conversion to track when users complete a signup form.
- Benefits:
- Consistent conversion data across platforms.
- Conversions are eligible for bidding and reporting in Google Ads.
- Unified performance metrics for better optimization of ad campaigns.
Implementation and Benefits
- No Action Required:
- Existing setups remain unaffected.
- Key events continue to be reported as they were previously.
- Linked Accounts:
- Conversions created from key events in Analytics appear as conversions in Google Ads.
- Historical conversion data remains accessible for year-over-year comparisons.
- Future Enhancements:
- New tools and features will be added to the Analytics advertising section, enhancing conversion reporting.
Frequently Asked Questions
- Why the change to key events?
- To align conversion definitions between Google Analytics and Google Ads, simplifying performance measurement and reporting.
- Do key events and conversions share the same attribution settings?
- Yes, attribution settings for key events can be found in the Attribution settings page in Admin.
- How to create Google Ads conversions from key events?
- Create web and app conversions in Google Ads for each key event, ensuring consistent data across platforms.
- Can non-key events create conversions?
- Yes, any Google Analytics event can create a Google Ads conversion and will automatically be marked as a key event.
- Does this affect other Google advertising platforms?
- No, other platforms like Campaign Manager 360 and Display & Video 360 are unaffected.
For more detailed guidance, visit the Google Analytics Support page.
This update aims to provide a more intuitive and consistent experience across Google’s analytics and advertising tools, helping businesses optimize their marketing strategies more effectively.