Kendal

Tracking capabilities:

Google Analytics lets you track user actions on your channel page, traffic referral data and much more.

• A tracking ad unit, a 1px by 1px third-party tracking tag, lets channel owners use view-through tracking to better understand a user’s behavior after the user leaves the channel page.
• A survey tag tracks control and test groups.
• Click-command links let you track users who click from your brand channel to other websites. You can also track post-click data associated with those users.
• A tracking image URL lets you collect statistics for views of your channel page or video pages.

From the Google forum : http://www.google.com/support/youtube/bin/answer.py?hl=en&answer=147619

Setting up Google Analytics on your Brand Channel

Sign up for a Google Analytics account at http://www.google.com/analytics.

• If you have an existing Google Analytics login, you may create a new account by selecting “Create New Account” in the drop-down on the top right of the page. While it is possible to create a new profile within an existing account by selecting “Add New Profile”, we recommend creating a new account so that the data from your YouTube channel does not impact the data summaries from your other websites.
• Locate your Google Analytics Profile ID, which takes the form of “UA-123123-1″. This can be found while in the Overview of the account, listed with the website profiles.
• Log into your YouTube account and navigate to Account > Branding Options > Google Analytics Account ID. Paste your Profile ID into this field and select “Save Branding Options”.
• Once you save your changes, you should allow up to 24 hours for data to appear in your account. If you wait 24 hours and still don’t see any data, please read Why isn’t Google Analytics tracking my Website?.
• (Optional) So that your YouTube rep may assist you if you have any questions related to your account, we request that you grant access to brandchanneltracking@gmail.com. For instructions on adding users, please refer to the Analytics Help section on user access

Accessing your Google Analytics Reports

• Log in to http://www.google.com/analytics and select the account you created for your YouTube Brand Channel.
• If you have multiple profiles in this account, select “View Report” next to the appropriate profile.
• From here, you can access all of the data collected on your channel through the navigation on the left and right side.
• For more information about the types of reports available in Google Analytics, please refer to the Google Analytics Help Center on reporting basics.

Hope you enjoyed this post, Kendal

PS: for Branding option to be available we need to apply for it :
http://www.youtube.com/partners and video explains how to update after branding option available:
http://www.youtube.com/watch?v=DqG_-F5lvX0