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As Google is updating the user-interface of every service of its, like they have updated Gmail with a superb UI and they have also updated other services like Blogger and Google Help. Now they updated "Google Analytics" to a newer version 5. It sounds good. This newer version has a redesigned User-Interface and many more features. The new features of Google Analytics are highly appreciated by Webmasters. An overview of some of these features is described below:
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Real Time Status: This is very good feature of newer version. Now Google Analytics provides Real-time status for a website. This means now a user can see how many visitors are using his website at that instant of time and what they are browsing. The results of real-time is updated after every second, thus these results are true and not fake. This feature "Real-Time" is still in its Beta version, so sometimes there may be some bugs or errors in this. Google Analytics developers will shortly launch a stable version of this.
Real time can be accessed by going to Home of your account and then clicking on Real-Time.
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New Updated Mobile Reports: Now you can also watch how your website is working on Mobile Phones with Mobile Reports. Mobile Reports provides you information about your mobile visitors. For example : The device name or model etc. The main thing in this is that now you can know all about the device of user like Input Methods etc. Actually Google Analytics added this feature in June, 2011. Now they have updated it.
To access Mobile Reports On your analytics page look for Mobile in the left side and click on "Mobile". Now you have two sub-menus. First one provides an overview of Mobile visits of your Website. Second one provides some details of Mobile Models and some other details,like bounce rate, new visits etc.
Multi-Channel Funnels: You may uses your website for providing information or to sale items. Whatever you do, you may interested to know from where your visitors come, which site or search engine played a big role in visits of your site. Multi-channel funnels providers all information about these questions. It is very helpful for analyzing which websites refers more visitors to your site. This is also helpful for choosing best ad service. The Multi-Channel Funnels provides information about all these things.
Multi Channel Funnels can be accessed by clicking on conversions on left bar.
There are also some other features. If you want to know more about them you can visit here.:Google Analytics Blog: New Google Analytics: Improvements in Mobile Reporting