Growth & Strategy
Last year, I was sitting across from a client who was frustrated about their marketing performance. "Facebook is showing a 9x ROAS, but our actual revenue isn't matching up," they said. Sound familiar?
After diving into their attribution data for weeks, I discovered something that changed how I approach marketing measurement entirely. The problem wasn't their ads or their funnel—it was that they were making decisions based on attribution models that were telling them stories, not truth.
Most businesses are drowning in attribution data but starving for actionable insights. They're optimizing for metrics that don't actually correlate with business growth. I've seen companies double down on channels showing "great attribution" while their actual revenue flatlines.
Here's what you'll learn from my experience with attribution analysis:
Why Facebook's attribution jumped from 2.5 to 8-9 ROAS (and what was really happening)
The hidden attribution patterns that most analytics tools miss
A framework for analyzing attribution trends that actually drives decisions
How to identify when your attribution model is lying to you
The metrics that matter more than first-touch or last-touch attribution
This isn't about perfect tracking—it's about building a system that helps you make better marketing decisions even when the data is messy.
Open any marketing analytics dashboard and you'll see the same story: clean attribution funnels, neat conversion paths, and metrics that seem to explain exactly how customers found you. The industry has built an entire ecosystem around this narrative.
Here's what every attribution platform promises:
First-touch attribution shows you which channels are driving awareness
Last-touch attribution reveals what's closing deals
Multi-touch models give you the "full picture" of customer journeys
Advanced attribution modeling helps optimize budget allocation
Real-time dashboards enable data-driven decision making
This approach exists because it feels scientific. Executives love clean numbers and clear cause-and-effect relationships. Marketing teams can justify their budgets with attribution reports that show direct ROI from every channel.
But here's where conventional attribution analysis falls short: it assumes customer behavior is linear and trackable. In reality, most customer journeys are messy, cross-device, and span multiple touchpoints that never get recorded in your analytics.
The industry's obsession with attribution precision has created a false confidence. Teams spend more time debating attribution models than understanding actual customer behavior. They optimize for metrics that look good in reports but don't correlate with business growth.
Most attribution analysis also ignores the dark funnel—all the unmeasurable touchpoints that influence buying decisions. Word-of-mouth recommendations, offline conversations, organic social browsing, and comparison research all happen outside your tracking pixels.
Who am I
7 years of freelance experience working with SaaS
and Ecommerce brands.
Working with an e-commerce client taught me everything I know about attribution reality. They came to me with what looked like a classic problem: heavy dependence on Facebook Ads with a 2.5 ROAS that felt unsustainable given their margins.
Their situation was typical of many growing e-commerce brands. They had started with Facebook Ads because it was accessible and showed clear results in their dashboard. The attribution was clean—someone clicked an ad, visited the site, made a purchase. Easy to track, easy to optimize.
But the client was smart enough to recognize they were vulnerable. "What happens if Facebook ad costs increase or iOS changes hurt our tracking again?" they asked. They wanted to diversify their traffic sources but needed to understand their current attribution baseline first.
When I started analyzing their attribution data, I expected to find typical patterns: Facebook driving most conversions, some direct traffic from brand searches, maybe a small amount from email. Instead, I discovered something that changed how I think about attribution entirely.
The first red flag was the timing. Within a month of implementing a comprehensive SEO strategy, Facebook's reported ROAS jumped from 2.5 to 8-9. This wasn't gradual improvement—it was a dramatic spike that didn't make sense.
Most marketers would celebrate this "improvement" in Facebook performance. But I knew we hadn't changed anything about the Facebook campaigns. Same audiences, same creatives, same budgets. So why was Facebook suddenly claiming credit for much better results?
That's when I realized what was actually happening. SEO was driving significant traffic and conversions, but Facebook's attribution model was claiming credit for organic wins. Customers were discovering the brand through search, browsing organically, then completing their purchase after seeing a retargeting ad.
This experience taught me that attribution data tells you more about your tracking system than your customer behavior.
My experiments
What I ended up doing and the results.
Instead of trying to build perfect attribution tracking, I developed a framework for analyzing attribution trends that focuses on business reality rather than platform claims.
Step 1: Establish Your Attribution Baseline Reality
Before you can analyze trends, you need to understand what your attribution data actually represents. I start every analysis by mapping three different views of the same time period:
Platform-reported attribution (Facebook Ads Manager, Google Analytics, etc.)
Revenue-based attribution (actual money in the bank by channel)
Customer journey reality (surveys, interviews, support tickets)
The gaps between these three views reveal where your attribution model is misleading you. For my e-commerce client, Facebook claimed credit for 60% of revenue, but customer surveys showed only 30% discovered the brand through Facebook.
Step 2: Track Channel Interaction Patterns
Instead of focusing on first-touch or last-touch attribution, I analyze how channels interact with each other over time. This reveals attribution trends that single-channel analysis misses.
I create a simple matrix tracking channel combinations week over week. When I added SEO content to my client's marketing mix, I noticed Facebook retargeting became much more effective. This wasn't Facebook getting better—it was SEO creating warm audiences for Facebook to retarget.
Step 3: Identify Attribution Model Blind Spots
Every attribution model has systematic biases. I've learned to actively look for what's missing from the data rather than just optimizing what's measured.
Dark social traffic (private messages, encrypted messaging)
Cross-device journeys (mobile discovery, desktop purchase)
Offline influence (word-of-mouth, print media, events)
Time-delayed conversions (long consideration periods)
Step 4: Use Attribution Data for Trend Analysis, Not Optimization
This is the biggest mindset shift. Instead of trying to optimize individual channels based on attribution data, I use attribution trends to understand broader marketing dynamics.
When Facebook's attributed ROAS increased after launching SEO, I didn't increase Facebook spend. Instead, I recognized this as evidence that SEO was working and creating positive spillover effects across all channels.
Step 5: Build a Multi-Source Truth Framework
The most reliable attribution analysis combines multiple data sources to triangulate the truth. I typically use:
Platform analytics for directional trends
Revenue data for financial truth
Customer surveys for journey insights
Cohort analysis for long-term impact
The key insight from my experience: attribution data is most valuable when you stop trying to make it perfectly accurate and start using it to understand relative trends and channel interactions.
The results from this attribution analysis approach transformed how my client viewed their marketing mix. Instead of panicking about Facebook dependence, they understood they were building a multi-channel growth engine where channels supported each other.
Within three months of implementing this framework, they had a clearer picture of their actual customer acquisition patterns. More importantly, they stopped making knee-jerk optimization decisions based on single-platform attribution data.
The financial impact was significant. By understanding that SEO was driving the Facebook ROAS improvement, they invested more in content creation instead of increasing Facebook ad spend. This decision saved thousands in ad costs while maintaining growth.
Perhaps most valuable was the strategic clarity. They stopped chasing perfect attribution and started focusing on building multiple discovery channels that created warm audiences for their conversion channels.
The attribution analysis revealed that their best customers typically interacted with the brand 3-4 times across different channels before purchasing. This insight shaped their entire marketing strategy, shifting from campaign optimization to customer journey design.
Learnings
Sharing so you don't make them.
Here are the key lessons learned from analyzing attribution data trends across multiple client projects:
Attribution models are stories, not truth. Use them to understand trends and interactions, not to make precise budget allocation decisions.
Channel cannibalization is often channel amplification. What looks like one channel stealing credit from another is usually channels working together.
Dark funnel matters more than tracked funnel. The unmeasurable touchpoints often drive the measurable conversions.
Attribution accuracy decreases as customer journey complexity increases. B2B and high-consideration purchases are least suited to traditional attribution analysis.
Platform attribution has systematic bias toward last-touch interactions. This makes paid channels look more effective than they actually are.
Customer surveys reveal attribution gaps that data never shows. Ask customers how they actually discovered you—the answers will surprise you.
Attribution analysis is most valuable for strategic decisions, not tactical optimization. Use it to understand market dynamics, not to micro-optimize campaigns.
The biggest mistake I see businesses make is over-investing in attribution accuracy when they should be building attribution resilience—marketing systems that work even when tracking is imperfect.
My playbook, condensed for your use case.
For SaaS companies implementing attribution trend analysis:
Focus on cohort-based attribution for subscription revenue
Track trial-to-paid attribution separately from visit-to-trial
Monitor attribution changes during onboarding flow updates
Use attribution data to identify channel quality, not just quantity
For e-commerce stores analyzing attribution trends:
Separate first-purchase from repeat-purchase attribution patterns
Track attribution changes during seasonal peaks
Monitor cross-device attribution for mobile-first products
Use attribution to identify which channels drive highest LTV customers
What I've learned