Universal Event Tracking allows advertisers to track performance goals and enable audience-based buying with a single tag. It offers several benefits:
1. Save time and effort by tagging a website once to track goals across accounts, campaigns, and devices rather than creating new tags.
2. Improve ROI by tracking conversion activities beyond just impressions and clicks to better optimize campaigns.
3. Get better campaign measurement by seeing how customers interact and convert across different channels for more insights.