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What is multi-touch attribution?

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Definition of multi-touch attribution

Multi-touch attribution is a method used by marketers to understand and credit which marketing strategies are driving customer actions. It’s like a map that shows the journey a customer takes from the first time they hear about a product or service, through all the different touchpoints they interact with, until they finally make a purchase. This method helps marketers to identify which marketing channels or campaigns are most effective in influencing customer decisions.

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An example of multi-touch attribution

Here is an example of how it works:

Growth Method, a SaaS company, launches a new project management tool. They use various marketing channels to promote their product.

  1. John, a project manager, first hears about the tool on LinkedIn where he sees a sponsored post from Growth Method. He clicks on the post but doesn’t make a purchase.

  2. A week later, John receives an email from Growth Method, as he had previously signed up for their newsletter. The email contains information about the new tool. He clicks on the link in the email, browses the website, but still doesn’t make a purchase.

  3. The next day, John sees a Google Ad for the same tool while searching for project management solutions. He clicks on the ad, revisits the website, and this time he signs up for a free trial.

  4. After using the free trial for a week, John receives a follow-up email from Growth Method offering a discount if he purchases the full version of the tool. He clicks on the link in the email, goes to the website, and makes a purchase.

In this scenario, each touchpoint (LinkedIn post, email newsletter, Google Ad, follow-up email) contributed to John’s final decision to purchase the tool. This is an example of multi-touch attribution, where each marketing channel gets credit for the final conversion.

How does multi-touch attribution work?

Multi-touch attribution works by tracking and assigning value to all the touchpoints a consumer interacts with on their journey to a purchase. This method allows marketers to understand which marketing channels and campaigns are most effective in driving conversions. It involves tracking the customer’s journey from the first point of contact, such as an online ad or email, through various interactions like website visits, social media engagement, and finally to the point of purchase. Each touchpoint is then assigned a certain value or credit based on its contribution to the final conversion. This comprehensive view helps marketers optimize their strategies and allocate their budget more effectively.

Expert opinions and perspectives

Here are how some of the world’s best marketing and growth professionals, and companies, think about multi-touch attribution.

Questions to ask yourself

As a modern growth marketing or agile marketing professional, ask yourself the following questions with regard to multi-touch attribution:

Here are some related articles and further reading you may find helpful.

Additional reading

Here are some related articles and further reading around multi-touch attribution that you may find helpful.

About Growth Method

Growth Method is the growth platform designed for experiment-led and data-driven marketers.

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