Being Led Astray: First- and Last-Touch Attribution

Episode notes

This episode features an interview with Bill Macaitis, Founder & CEO, SaaS CMO Pro, where he shares growth strategies for SaaS and AI companies. His past roles include CMO positions at Slack and Zendesk, and SVP of Marketing at Salesforce. Bill joins the podcast to discuss findings from a recent survey of over 300 B2B marketers that gives insights into marketing strategies and budgets. He shares what they learned about marketing versus sales budgets, the most common attribution model, and more. Key Takeaways: Companies that are growing the fastest, invest the most in marketing. While cause and effect of that correlation is unclear, it’s an interesting finding. Pipeline generation was one of the most tracked metrics for CMOs, which is a nice move away from only looking at MQLs or leads. Unfortunately, awareness was rarely tracked, making it hard for marketing teams to invest in long-term initiatives. A lot of companies, 65 percent, continue to use first or last touch attribution models. Quote: So, what we learned is a lot of companies, I think especially in their earlier stages - percent still use first- or last- touch. It's kind of crazy. I'm still shocked by it.

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