Hi @nsvsrk ,
Please refer my comments inline.
What is it that A4T does that normal Adobe Analytics does not? Is it an alternative for Adobe Analytics?
-> A4T is adobe Target reporting integration, you can see Target reports in your normal adobe analytics.
2. Target suggests AEM the personalized content correct? Does it share the experiences to aem to display? If so how the experiences get in to Target in the first place?
-> By using Target, you can personalised your experience as per activity. You can personalized your content without development on your site using Target. You can remove devloper dependency.
Creating them in aem and exporting to target?
Or creating in Target directly?
-> You can create activity in AEM if you had proper target integration there so that you can see create activity and experience option in AEM or Create activity in Adobe Target and personalized the content as per your requirement in Target tool.
3. By real time personalization, I thought no latency in personalization, but immediate. Is this not possible using just Target?
->No, you need CDP audience for real time personalization.
I hope, this will help you.