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September 30, 2024

Defining Key Events for Google Analytics 4

Optimizing Automotive Campaigns with Actionable Conversion Signals for Better Bid Strategies

This resource outlines how dealerships can define and implement key events in Google Analytics 4 (GA4) for optimal Google Ads campaign performance. By leveraging Automotive Standards Council (ASC) event specifications and custom events, dealers can track key customer interactions and ensure their ad campaigns are informed by actionable data, improving both marketing efficiency and ROI.

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Highlights:

  • Hard Conversions like asc_form_submission_sales track confirmed sales-related conversions.
  • Soft Conversions (e.g., custom_engaged_trade_shopper) provide insights into customer intent even if no form is submitted.
  • Avoiding inflated engagement rates by defining true key events for better reporting and bidding optimization.
  • Google Ads integration with GA4 events improves campaign performance.

About this release

With Google Analytics 4 (GA4) becoming the standard for tracking customer interactions, it’s essential for auto dealers to configure the right key events that signal meaningful conversions. This resource explains how GA4 events should be aligned with dealership goals, breaking them into hard and soft conversions that reflect sales, service, and parts department activities. The document highlights how events like asc_form_submission_sales (for completed sales forms) and custom_engaged_trade_shopper (for engaged trade shoppers) can be used to fine-tune ad campaigns in Google Ads and other platforms.

The report also discusses the importance of avoiding inflated metrics by using appropriate key events for campaign bidding. It emphasizes the role of soft conversions, such as media engagement or payment calculations, which can indicate customer intent even if no form was submitted. Additionally, the guide provides instructions on setting up custom events and how these signals can be integrated into Google Ads and Facebook Ads via the Facebook Conversion API, creating a seamless marketing optimization process. Overall, this guide helps dealers make the most of their GA4 setup by defining conversion events that align with their dealership’s specific operations and goals.

What's Inside

  • Detailed list of ASC standard key events for automotive campaigns.
  • Guidelines for creating custom soft conversion events in GA4.
  • Examples of key event configurations for trade tools, media interaction, and payment calculators.
  • Instructions for integrating GA4 key events with Google Ads for better bid optimization.

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Faqs

Key events in GA4 are specific conversion actions that signal important customer interactions, such as form submissions or media engagements. For dealerships, defining these events helps optimize Google Ads campaigns by focusing on meaningful customer actions.
Hard conversions are confirmed actions like a form submission for a test drive or service appointment. Soft conversions, on the other hand, represent customer intent, such as browsing a trade-in tool or viewing a vehicle gallery, without completing a form.
Dealers can easily connect GA4 key events to Google Ads by importing them for bidding optimization. Similarly, with the Facebook Conversion API, key events can be sent to Facebook Ads for more accurate campaign targeting and optimization.

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