• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Technology

    Posted By Jessica Weisman-Pitts

    Posted on December 11, 2023

    Featured image for article about Technology

    Out with the old, in with the new: How to shift from UA to Google’s new analytics tool

    By James Santangeli, Analytics Manager, Incubeta

    Following our initial farewell to Google’s Universal Analytics (UA) in July 2023, there has been some unrest and anticipation from the digital analytics community as we awaited its successor, Google Analytics 4 (GA4). So far, GA4 has been met with mixed reactions, with many users embracing the new platform whilst others have expressed their frustration with the significant differences and migration process in the new tool.

    This comes down, in part, to the expectation that GA4 would be an improved version of UA. However, that isn’t what we’ve been given. Instead, Google has provided a completely different tool with its own set of features and functionalities, built from the ground up to serve a rapidly changing marketing industry. It is future-ready and privacy forward, designed to cater for marketers in the post-cookie, GDPR focused world of tomorrow.

    Yes, the initial migration could probably have been better managed. And yes, we all could have done without that irritating countdown clock loading every time we logged in. But it is also important to recognize the new possibilities that GA4 unlocks.

    There will undoubtedly be a learning curve, and patience will be required when getting to grips with the new system. But at the same time, GA4 is receiving consistent updates to rectify any early issues and, ultimately, provides marketers with a powerful tool that offers a huge amount of potential as the future of their industry unfolds.

    A new and improved GA4

    Despite the initial (and some would argue, ongoing) challenges, GA4 is already bringing several new features to the table, many of which are considerable improvements over UA.

    Firstly, integration with BigQuery – a cloud based , highly scalable data warehouse –, in practice, easier to manage. This is a huge win, not only because it doesn’t cost anything, but also because it opens the door to a simpler analytical process with new possibilities regarding advanced analysis and data processing.

    Cross-platform reporting is another exciting feature introduced by GA4. It enables users to easily consolidate data from multiple different sources and view it in a single platform, enabling better informed decision-making processes without the hassle of amalgamating data manually. These reports also only include aggregated data, ticking that ever-important privacy box.

    Privacy itself is a key focus of the tool. Adjustable privacy features and consent mode to offer better control over personal identifiers, helping marketers adhere to GDPR regulations and to prepare data strategies for an increasingly privacy-centric future.

    On top of this, the revamped data structure has paved the way for simplified tagging and measurement strategies, and increased flexibility over the reporting interface grants users the ability to customize standard reports and build new ones to fit their needs.

    There has, of course, been some trade-off – cardinality and the much maligned (other) row to name but two – but as Google continues to update GA4 a lot of these initial concerns will be fixed, leaving a polished tool that achieves and exceeds parity with its well-loved predecessor.

    Reaping the benefits of GA4

    While GA4 offers substantial benefits to marketers, it also requires a change of approach in order to unlock its full potential. Again, it is not an upgrade from UA. It is an entirely different product that will take some time to get used to and, for those used to UA, the barrier to entry can be high.

    It has the potential to provide incredible new flexibility and integration capabilities to its users and greatly enhanced customisation abilities. However, to unlock these benefits, marketers will already need to have a clear picture of what questions they are looking to answer through their analytics activities. This is likely to involve a fair amount of trial and error, refining the inputs to deliver the desired outputs, but the end result will undoubtedly be worth the effort.

    Additionally, the updates and constant changes from Google can (and will) cause further frustration, but keep in mind this is a new product replacing something that has been built upon for years – and each new update is raising the level at which GA4 will operate.

    How will GA4 change the future of marketing?

    GA4 marks a substantial turning point in the field of analytics, bringing a wealth of exciting new features. The transition has been bumpy, reactions have been mixed, and although the constant updates signal Google’s commitment to improving the platform, they have also led to frustration due to the platform’s perceived instability.

    As simple as it sounds though, we just need to persevere. It might not be the polished article we were hoping for (yet), but Google is actively and rapidly working to improve GA4 and provide the powerful, stable, future facing analytics solutions we need. As a product it has come on leaps and bounds in recent months. It is also important to keep in mind that this is a completely new product, and getting used to the way it works will take time – in the same way that it takes time to adapt to the change from Apple to Android, or from a manual car to an automatic.

    It is vital that marketers look to embrace this change and understand the unique qualities, customization and flexibility of GA4. Marketers and brands can reap the benefits of GA4’s full potential and create future-ready analytic strategies offering full adaptability.

    It is with a heavy heart for some that we bid farewell to UA, but it is time we embrace the changes of GA4 and use this opportunity to build on GA4’s offerings and look forward to what it will be able to achieve in the future.

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe