To implement event tracking for key actions like button clicks and form submissions, you can leverage tools such as Google Tag Manager (GTM) combined with Google Analytics (GA) to create a robust tracking setup. Here's a step-by-step approach:

1. Set Up Google Tag Manager:

   • If not already done, create a GTM account and container for your website.

   • Install the GTM container code on all pages of your website. This involves adding two code snippets to your website's header and body sections.

2. Define Key Actions:

   • Identify the specific buttons and forms that you want to track. This could include contact form submissions, newsletter sign-ups, or specific call-to-action buttons that are crucial to your conversion funnel.

3. Create Triggers in GTM:

   • For button clicks, use the 'Click - All Elements' trigger type. Configure it by specifying conditions such as the button's ID, classes, or text content so GTM knows precisely which button to track.

   • For form submissions, use the 'Form Submission' trigger. Ensure your forms are compatible with GTM's form tracking method, or consider using a custom event if the form submission does not trigger a page reload.

4. Set Up Tags:

   • Create a new tag in GTM for each event you wish to track. Use the 'Google Analytics: Universal Analytics' tag type if you’re using GA Universal, or 'Google Analytics: GA4 Event' if you've transitioned to GA4.

   • For Universal Analytics, configure the tag to track an 'Event' and fill in the Category, Action, and Label fields with descriptive names (e.g. Category: 'Button Click', Action: 'Submit', Label: 'Contact Form').

   • For GA4, set the event name, and add parameters that are relevant to the action (e.g. 'button_name', 'form_id').

5. Test and Debug:

   • Use GTM's Preview mode to test your setup. Click the buttons and submit the forms on your website to ensure the events are firing correctly.

   • Use the Google Analytics Real-Time reports to verify that the events are being recorded as expected.

6. Publish the Container:

   • Once testing is successful, publish your GTM container changes to make the tracking live.

7. Analyse Data:

   • In Google Analytics, use Event Reports (for Universal Analytics) or the Events section (for GA4) to analyse the data. Track conversion rates and understand user interactions with the buttons and forms.

8. Budget Management and Media Buying:

   • Use the insights gathered from event tracking to refine your media buying strategy. Allocate budget towards channels and campaigns that drive the most tracked interactions.

   • Consider setting up remarketing campaigns targeting users who have interacted with specific buttons or forms but have not converted, using data-driven insights to optimise your ad spend.

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By implementing this event tracking setup, you can gain detailed insights into user behaviour and optimise your marketing efforts to enhance conversion rates effectively.