Where Did That Lead Come From? A Simple Guide to Marketing Attribution
You're spending $5,000/month on marketing. Leads are coming in. But which campaigns actually work? Without attribution, you're flying blind.
Key Takeaways
- 50% of marketers can't attribute revenue to campaigns
- Simple attribution beats complex models (for SMBs)
- "How did you hear about us?" still works
- Track source from first touch to closed deal
The Attribution Problem
Lead comes in. They become a customer. But what caused it?
- They found you on Google
- Clicked a LinkedIn ad
- Attended a webinar
- Were referred by a friend
- Read 5 blog posts
- All of the above?
Without attribution, you're guessing where to invest.
Simple Attribution Models
First-Touch Attribution
Credit goes to the first interaction.
Example: First clicked Google ad → Deal closed → Credit: Google Ads
Pros: Simple, clear Cons: Ignores nurture touches
Last-Touch Attribution
Credit goes to the last interaction before conversion.
Example: Lead filled form on blog post → Credit: Blog
Pros: Shows what triggered conversion Cons: Ignores awareness-building
The SMB-Practical Model
Ask: "How did you hear about us?" + track original source
| Source | How to Track |
|---|---|
| Paid ads | UTM parameters |
| Organic search | Landing page + keyword |
| Referral | "Who referred you?" |
| Social | UTM from social posts |
| Events | Event-specific landing page |
| Direct | Ask! |
Setting Up Basic Attribution
Step 1: Use UTM Parameters
Every link you control should have UTMs:
yoursite.com/landing?
utm_source=linkedin&
utm_medium=paid&
utm_campaign=q1-awareness
CRM captures this on form submit.
Step 2: Track in CRM
Every lead record should have:
- Original source - First touch
- Most recent source - Last touch before conversion
- Source details - Campaign, ad, etc.
Step 3: Ask Directly
On forms or in discovery calls: "How did you hear about us?"
Options:
- Google search
- Social media
- Referral (who?)
- Event/webinar
- Ad (where?)
- Other
Simple. Effective.
Step 4: Report by Source
Monthly:
- Leads by source
- Conversion rate by source
- Revenue by source
- CAC by source
Attribution Best Practices
Don't Over-Engineer
Perfect attribution is impossible. Good-enough attribution is valuable.
Focus on Trends
One lead attributed wrong doesn't matter. Overall trends matter.
Connect to Revenue
Leads don't pay bills. Track source all the way to closed revenue.
Review Quarterly
- Which sources generate most leads?
- Which sources generate highest-value leads?
- Which sources have best conversion?
- Where should you invest more/less?
How Dewx Tracks Attribution
Dewx GTM Hub includes attribution:
- Auto-capture UTMs - Forms save source data
- Lead source field - On every contact
- "How did you hear about us?" - Custom field
- Pipeline reports - Revenue by source
- Campaign tracking - Connect leads to campaigns
Know what's working without spreadsheet gymnastics.
FAQ
Which attribution model is best?
For SMBs: first-touch + ask. More complex models need more data and resources.
What about long sales cycles?
First touch still matters. But also track "most recent touch before conversion."
How do I attribute referrals?
Ask for the referrer's name. Create referral source in CRM. Thank and reward referrers.
Conclusion
Attribution doesn't have to be complicated. Simple tracking + asking + reviewing = actionable insights.
Build your attribution:
- UTM everything
- Track source in CRM
- Ask directly
- Report by source monthly
Ready to know what's working? Join the Dewx beta and see attribution built into your CRM.