In our previous article, we explored how marketers with lower to medium digital maturity levels can activate their Google Analytics 4 (GA4) data in Google Marketing Platform (GMP) and Google Ads. This article focuses on strategies for companies with higher digital maturity and more substantial GA4 data volumes. We’ll delve into leveraging GA4’s AI capabilities to effectively achieve campaign objectives.
Remember: Clean data and aligned marketing goals are essential before campaign activations. Collaborate with key stakeholders, such as:
- Digital marketing manager
- Branding manager
- In-house or external media manager (programmatic marketing, SEM, media planning)
- GA4 admin/overseer, Digital Analyst, Data Scientist
- CRM/Sales Manager
High to Advanced Digital Maturity | Leveraging AI & Data Warehousing
1.0 Targeting GA4 Audiences in Display & Video 360 (DV360)
Link GA4 with DV360 to target or retarget GA4-created audiences, to deliver personalized ad creatives based on user behavior and preferences. This enhances ad relevance, engagement, and conversion rates.
Example Use Case
Personalized Retargeting: Create dynamic ads tailored to user behavior (product views, interactions) using GA4 Audiences. For instance, offer a coupon for a previously purchased product category, boosting engagement and conversions.
Metrics/KPIs to look out for
Increased conversion rate, click-through rate (CTR), return on ad spend (ROAS)
Challenges/Limitations of Use Case
Requires a sizable amount of audience data to activate effectively in DV360. Additionally, bespoke dynamic creatives may also be complex to set up and manage
2.0 Predictive Churn Prevention Campaigns
GA4’s predictive metrics, such as churn probability, identify users at risk of disengagement. Target these users with retention-focused campaigns to reduce churn and foster loyalty.
Example Use Case
Churn Prevention Campaigns: Create an audience of users likely to churn within 30 days. Deploy personalized retention offers or engaging content via Google Ads to re-engage and prevent churn.
Metrics/KPIs to look out for
Reduced churn rate, increased customer lifetime value (CLV)
Challenges/Limitations of Use Case
GA4’s predictive models may not be effective for all businesses, e.g B2B business models.
3.0 Advanced Customer Segmentation with GA4 & BigQuery
Leverage GA4’s BigQuery integration for in-depth analysis and refined customer segmentation. Uncover hidden patterns and insights to inform targeted campaigns.
Example Use Case
Customer Lifetime Value (CLV) Segmentation: Segment customers based on predicted CLV. Prioritize high-value customers with exclusive offers and retention efforts, while targeting lower-value segments for upselling or cross-selling.
Metrics/KPIs to look out for
Improved targeting accuracy, increased campaign performance
Challenges/Limitations of Use Case
It can be time consuming to set up and maintain, if there is no expertise in data analysis and BigQuery
4.0 Value-Based Bidding According to GA4 Conversions/Value Metrics
Optimize ad spend using Google AI’s value-based bidding strategies and GA4’s rich data. Real-time bid adjustments based on conversion value help achieve marketing objectives efficiently.
Example Use Case
Value-Based Bidding for High-Value Actions: Implement value-based bidding in Google Ads and Search Ads 360 to maximize key events (i.e conversions) that are considered more valuable to the business than others, such as contact form leads. Allocate budget effectively to drive business goals.
Metrics/KPIs to look out for
Increased conversions for high-value actions
Challenges/Limitations of Use Case
Requires accurate conversion tracking and value measurement, can be complex to manage
QUOTE: Kia UK experienced significant benefits by switching to value-based bidding. According to Ashni Thakerar, Performance Director at Havas, “We tested VBB against target cost-per-acquisition (CPA) and target impression bidding, and found that VBB resulted in 20% more value, 10% cheaper CPA, and a 13% increase in conversion rate”
(Source: Think with Google)
Conclusion
By harnessing GA4’s data and integrating with Google Marketing Platform and Google Ads, high-maturity marketers can optimize media activation efforts. From predictive churn prevention to dynamic creative optimization, these advanced strategies significantly enhance marketing performance.