Event-based Analytics
BeginnerEvent-based analytics is a model in which every user action is stored as a separate timestamped record with its own properties, rather than counted into a fixed report.
Each record says who did what, when and with which attributes, and it is kept raw instead of pre-aggregated. That is what makes retroactive questions possible: a funnel nobody planned for can be built later from the same stream, provided the action was instrumented in the first place. The cost of the model is governance rather than collection, because without a naming convention the event list drifts into dozens of near-duplicate names that nobody trusts. Note also that the word event is not uniform across tools, since property limits and identity handling differ between GA4, Amplitude and Mixpanel.
FAQ
Sources:Mixpanel — Events and properties