Google Analytics 4 introduces benchmarking data

You can now compare your performance across key metrics with industry peers, providing crucial context for strategic decision-making.

Google Analytics 4 introduces benchmarking data

Google rolled out a significant update to Google Analytics 4 (GA4), allowing users to compare their performance with other businesses in their industry.

Why we care: This new feature will provide valuable context for advertisers trying to understand their performance relative to their peers, potentially informing strategic decisions and goal-setting.

How it works.

  • Users can access benchmarking data if their property has the “Modeling contributions & business insights” setting enabled in Admin > Account Settings.
  • Benchmarks are refreshed every 24 hours.
  • The summary displays:
    1. Your trendline.
    2. Median in your peer group.
    3. Range in your peer group (25th to 75th percentile).
Google Analytics 4 introduces benchmarking data

Key features.

  • Customizable peer groups: Users can select from various categories to find the most relevant comparison group.
  • Data privacyGoogle assures that benchmarking data is encrypted, protected and aggregated to maintain privacy.
  • Wide range of metrics: Covers acquisition, engagement, retention and monetization.

 

Google Analytics 4 introduces benchmarking data

The big picture. This update addresses a long-standing need in the analytics community for comparative data, allowing businesses to gauge their performance more accurately within their industry context.

 

The post Google Analytics 4 introduces benchmarking data appeared first on MarTech.

MarTech

About the author

Anu Adegbola

Staff

(1)