Attribution is a measurement technique that marketers use to collect data for trackable media and conversion events, aka touches, during a customer’s journey to purchase. You can use this to understand which of your marketing campaigns and various channels are responsible for converting your customer. Brands use this information to refine their channels and find where their marketing budget is best spent as they can better measure the ROI of each channel via attribution.
How Can You Use Attribution to Improve Your Customer Journey?
Peel provides multi touch attribution data for those who want to track each channel that contributes their conversions. This assigns equal credit to each touchpoint, giving an overall picture of the customer journey. One of the main ways to set this up for your ecommerce store is by tagging your URLs with special codes, called UTM codes, that help track each touchpoint.