Multi-touch attribution for email: the model that finally made sense to our team
We used last-click attribution for years. It made email look like our best channel. Then we implemented multi-touch attribution and got a more honest — and more useful — picture.
The model
We use a position-based model: 40% credit to first touch, 40% to last touch, 20% distributed across middle touches. Simple enough to explain to executives, nuanced enough to be useful.
What changed
- Email revenue attribution dropped 30% (from overstated last-click)
- Social and content marketing got proper credit as awareness drivers
- Our nurture emails (middle of funnel) got credit they deserved
- Budget allocation shifted — we invested more in top-of-funnel content
Implementation
We use UTM parameters on every email link, GA4 for tracking, and Looker for the attribution model. Total setup took about 2 weeks. The insights have been worth it many times over.