Multi Touch Attribution Business Plan Template
Are you interested in starting your own multi touch attribution Business?
Introduction
In today’s rapidly evolving digital landscape, understanding the intricate web of consumer interactions across multiple channels is crucial for businesses seeking to optimize their marketing strategies. Multi-touch attribution (MTA) has emerged as a vital tool, allowing marketers to accurately assess the effectiveness of each touchpoint in the customer journey. As organizations increasingly recognize the value of data-driven decision-making, the demand for MTA solutions continues to grow. For entrepreneurs looking to enter this burgeoning market, launching a multi-touch attribution business presents a unique opportunity to provide invaluable insights to clients while navigating the complexities of marketing analytics. This article will guide you through the essential steps to establish a successful MTA venture, from identifying your target audience and understanding the technology landscape to developing a robust business model and marketing your services effectively. Whether you’re a seasoned professional or a newcomer to the field, this comprehensive guide will equip you with the knowledge to turn your vision into reality.
Global Market Size
The global market for multi-touch attribution (MTA) is experiencing robust growth, driven by the increasing demand for precise marketing analytics and the need for businesses to maximize their return on investment (ROI) in advertising. As companies continue to navigate the complexities of digital marketing, the ability to accurately attribute sales and conversions to specific marketing channels has become essential.
As of 2023, the multi-touch attribution market is estimated to be valued at several billion dollars, with projections indicating a compound annual growth rate (CAGR) of over 20% in the coming years. This growth is fueled by the rising adoption of data-driven marketing strategies, advancements in technology, and the proliferation of digital advertising across various platforms, including social media, search engines, and email marketing.
Moreover, as organizations increasingly rely on customer journey mapping to inform their marketing strategies, the demand for sophisticated attribution models that can provide insights into consumer behavior becomes critical. Companies are investing in MTA solutions to better understand the effectiveness of their marketing touchpoints, allowing them to allocate budgets more efficiently and improve overall campaign performance.
The market is also witnessing significant developments in machine learning and artificial intelligence, which enhance the accuracy and efficiency of attribution models. These technological advancements allow businesses to process vast amounts of data and derive actionable insights, further driving the growth of the MTA market.
In summary, the multi-touch attribution market is poised for expansion, offering substantial opportunities for entrepreneurs and businesses entering the space. By leveraging the increasing need for detailed marketing analytics and advanced attribution solutions, new ventures can position themselves to thrive in this dynamic and evolving landscape.
Target Market
When considering the target market for a multi-touch attribution business, it is essential to recognize the diverse range of industries that rely on data-driven marketing strategies. The primary audience consists of mid-sized to large enterprises that invest significantly in digital marketing channels. These organizations typically have complex customer journeys involving multiple touchpoints, making them prime candidates for multi-touch attribution solutions.
Key sectors include e-commerce, retail, financial services, travel and hospitality, and B2B technology companies. These industries often face the challenge of understanding how various marketing efforts contribute to conversions and customer engagement. As a result, they seek robust analytics tools that can provide insights into the effectiveness of their campaigns across different platforms, such as social media, email, search engines, and display advertising.
Additionally, marketing agencies that manage campaigns for clients can be another vital segment of the target market. These agencies require advanced attribution tools to demonstrate ROI and optimize strategies for their clients, making them ideal partners for a multi-touch attribution business.
Furthermore, as businesses increasingly adopt omnichannel marketing strategies, there is a growing demand for solutions that can unify data from diverse sources, offering comprehensive insights into customer behavior. Therefore, targeting companies that prioritize customer experience and data analytics will also be beneficial.
Ultimately, the target market for a multi-touch attribution business encompasses a wide array of organizations that recognize the value of understanding their marketing effectiveness and are willing to invest in sophisticated tools to enhance their decision-making processes.
Business Model
When embarking on a multi-touch attribution (MTA) business, it's essential to consider various business models that can effectively capture market demand while providing value to clients. Each model has its own strengths and can be tailored to fit the specific needs of your target audience. Here are some viable business models to consider:
1. Software as a Service (SaaS): This is one of the most popular models for MTA businesses. By developing a cloud-based platform, you can offer clients access to your attribution software for a subscription fee. This model allows for continuous revenue through monthly or annual subscriptions, and you can scale your offerings by introducing tiered pricing based on features, data volume, or the number of users. Additionally, providing regular updates and customer support can enhance user satisfaction and retention.
2. Consultancy Services: Many companies require guidance on implementing multi-touch attribution strategies. Offering consultancy services can involve analyzing a client’s existing marketing efforts, advising on best practices, and helping them set up and optimize attribution models. This model can be particularly effective for businesses with deep expertise in analytics, as it allows you to leverage your knowledge while providing a personalized service.
3. Data Analytics and Reporting: Another approach is to focus on providing data analytics and reporting services. This model can involve collecting and analyzing data across various marketing channels, and then delivering insights and reports to clients. You can charge on a per-project basis or offer ongoing reporting services for a recurring fee. This model can be appealing to businesses that already have some level of data infrastructure but need help interpreting and acting on that data.
4. Partnerships and Integrations: Collaborating with other marketing technology platforms can create additional revenue streams. By integrating your multi-touch attribution solution with CRM systems, email marketing tools, or advertising platforms, you can offer joint solutions that enhance the capabilities of both parties. This model not only expands your reach but can also lead to shared revenue opportunities through referral programs or co-marketing initiatives.
5. Freemium Model: To attract a wide user base, consider a freemium model where basic attribution features are offered for free, while advanced functionalities are available at a premium. This approach can help you build a large user community and create opportunities for upselling premium features to those who see value in the basic offering. It’s essential to ensure that the free version provides enough value to encourage upgrades without undermining the paid services.
6. Performance-Based Pricing: In certain cases, a performance-based pricing model can be appealing, especially for clients who are hesitant to invest upfront. This could involve charging based on the results achieved through your attribution services, such as increases in conversion rates or return on ad spend. This model aligns your success with that of your clients, fostering trust and long-term relationships. When determining the most suitable business model for your multi-touch attribution venture, it's crucial to conduct market research and identify the specific needs, preferences, and pain points of your target audience. Tailoring your approach to meet those needs will enhance your chances of success in a competitive landscape.
1. Software as a Service (SaaS): This is one of the most popular models for MTA businesses. By developing a cloud-based platform, you can offer clients access to your attribution software for a subscription fee. This model allows for continuous revenue through monthly or annual subscriptions, and you can scale your offerings by introducing tiered pricing based on features, data volume, or the number of users. Additionally, providing regular updates and customer support can enhance user satisfaction and retention.
2. Consultancy Services: Many companies require guidance on implementing multi-touch attribution strategies. Offering consultancy services can involve analyzing a client’s existing marketing efforts, advising on best practices, and helping them set up and optimize attribution models. This model can be particularly effective for businesses with deep expertise in analytics, as it allows you to leverage your knowledge while providing a personalized service.
3. Data Analytics and Reporting: Another approach is to focus on providing data analytics and reporting services. This model can involve collecting and analyzing data across various marketing channels, and then delivering insights and reports to clients. You can charge on a per-project basis or offer ongoing reporting services for a recurring fee. This model can be appealing to businesses that already have some level of data infrastructure but need help interpreting and acting on that data.
4. Partnerships and Integrations: Collaborating with other marketing technology platforms can create additional revenue streams. By integrating your multi-touch attribution solution with CRM systems, email marketing tools, or advertising platforms, you can offer joint solutions that enhance the capabilities of both parties. This model not only expands your reach but can also lead to shared revenue opportunities through referral programs or co-marketing initiatives.
5. Freemium Model: To attract a wide user base, consider a freemium model where basic attribution features are offered for free, while advanced functionalities are available at a premium. This approach can help you build a large user community and create opportunities for upselling premium features to those who see value in the basic offering. It’s essential to ensure that the free version provides enough value to encourage upgrades without undermining the paid services.
6. Performance-Based Pricing: In certain cases, a performance-based pricing model can be appealing, especially for clients who are hesitant to invest upfront. This could involve charging based on the results achieved through your attribution services, such as increases in conversion rates or return on ad spend. This model aligns your success with that of your clients, fostering trust and long-term relationships. When determining the most suitable business model for your multi-touch attribution venture, it's crucial to conduct market research and identify the specific needs, preferences, and pain points of your target audience. Tailoring your approach to meet those needs will enhance your chances of success in a competitive landscape.
Competitive Landscape
The competitive landscape for a multi-touch attribution business is characterized by a diverse range of players, from established analytics firms to emerging startups. As digital marketing continues to evolve, the need for accurate measurement of marketing effectiveness has become increasingly vital, creating a thriving market for multi-touch attribution solutions.
Key competitors in this space include well-known analytics platforms like Adobe Analytics, Google Analytics 360, and HubSpot, which offer robust attribution features as part of their broader marketing and analytics suites. These established companies benefit from strong brand recognition, extensive customer bases, and comprehensive integrations with various marketing channels. Their offerings often come bundled with additional services, making it challenging for new entrants to compete on features alone.
In addition to these giants, a number of specialized attribution companies have emerged, such as Attribution, Segment, and Convertro (now part of Verizon Media). These firms focus specifically on multi-touch attribution, providing tailored solutions that cater to businesses looking for advanced analytics. They often emphasize unique methodologies, such as data-driven attribution models or algorithmic approaches, to differentiate themselves in a crowded market.
Emerging startups also play a significant role in the competitive landscape. Many of these new players leverage cutting-edge technology, including artificial intelligence and machine learning, to enhance attribution accuracy and provide actionable insights. Their agility allows them to rapidly adapt to market changes and innovate in ways that larger companies may struggle to match.
The competitive environment is further intensified by the increasing importance of privacy regulations and data protection. Companies must navigate these challenges while demonstrating the effectiveness of their attribution models. As a result, firms that can provide transparent, privacy-compliant solutions may gain a competitive edge.
Additionally, the rise of performance marketing and the growing demand for personalized customer experiences are pushing businesses to seek more sophisticated attribution models. This trend opens opportunities for companies that can effectively analyze data across multiple touchpoints and provide clear insights into customer journeys.
Overall, the multi-touch attribution market is dynamic and competitive, with opportunities for both established players and new entrants. Success in this landscape will depend on a firm’s ability to innovate, understand customer needs, and navigate regulatory challenges while providing clear, actionable insights to marketers.
Legal and Regulatory Requirements
When starting a multi-touch attribution business, understanding and adhering to legal and regulatory requirements is crucial for ensuring compliance and establishing a trustworthy brand. Here are key considerations to keep in mind:
1. Data Privacy Laws: Given that multi-touch attribution involves the collection and analysis of user data, it is essential to comply with data protection regulations such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the United States, and other relevant local laws. These regulations govern how personal data is collected, processed, and stored. Businesses must obtain explicit consent from users before collecting their data and provide clear information about how this data will be used.
2. Cookie Compliance: Many multi-touch attribution models rely on cookies to track user interactions across different touchpoints. Regulations such as the EU's ePrivacy Directive require businesses to inform users about the use of cookies and obtain consent before placing cookies on their devices. Implementing a cookie consent management system on your website can help ensure compliance.
3. Intellectual Property Rights: Protecting your business's intellectual property (IP) is vital. This includes trademarks for your brand name and logo, as well as any proprietary technology or methodologies developed for attribution modeling. Consider registering your trademarks and exploring patent protection for any unique algorithms or software that you create.
4. Contractual Agreements: When partnering with clients or other businesses, it's important to have clear contractual agreements in place. These contracts should outline the scope of services, data ownership, confidentiality clauses, and liability limitations. Ensuring that all parties understand their rights and responsibilities can prevent legal disputes down the line.
5. Advertising and Marketing Regulations: If your multi-touch attribution business involves advertising services, you must comply with advertising regulations that govern truthful advertising, endorsements, and privacy. This can include adherence to guidelines set forth by organizations such as the Federal Trade Commission (FTC) in the U.S. or similar entities in other jurisdictions.
6. Industry Standards and Best Practices: Familiarize yourself with industry standards and best practices for multi-touch attribution, including the guidelines established by organizations such as the Interactive Advertising Bureau (IAB) and other relevant trade associations. Adhering to these standards not only ensures compliance but also builds credibility with clients.
7. Tax and Financial Compliance: As a business, you will need to comply with local, state, and federal tax regulations. This includes registering your business, obtaining necessary licenses, and understanding your tax obligations related to income, sales, and employment. Consulting with a tax professional can help you navigate these requirements effectively. By proactively addressing these legal and regulatory requirements, you can establish a solid foundation for your multi-touch attribution business, ensuring that you build trust with your clients and operate within the law.
1. Data Privacy Laws: Given that multi-touch attribution involves the collection and analysis of user data, it is essential to comply with data protection regulations such as the General Data Protection Regulation (GDPR) in Europe, the California Consumer Privacy Act (CCPA) in the United States, and other relevant local laws. These regulations govern how personal data is collected, processed, and stored. Businesses must obtain explicit consent from users before collecting their data and provide clear information about how this data will be used.
2. Cookie Compliance: Many multi-touch attribution models rely on cookies to track user interactions across different touchpoints. Regulations such as the EU's ePrivacy Directive require businesses to inform users about the use of cookies and obtain consent before placing cookies on their devices. Implementing a cookie consent management system on your website can help ensure compliance.
3. Intellectual Property Rights: Protecting your business's intellectual property (IP) is vital. This includes trademarks for your brand name and logo, as well as any proprietary technology or methodologies developed for attribution modeling. Consider registering your trademarks and exploring patent protection for any unique algorithms or software that you create.
4. Contractual Agreements: When partnering with clients or other businesses, it's important to have clear contractual agreements in place. These contracts should outline the scope of services, data ownership, confidentiality clauses, and liability limitations. Ensuring that all parties understand their rights and responsibilities can prevent legal disputes down the line.
5. Advertising and Marketing Regulations: If your multi-touch attribution business involves advertising services, you must comply with advertising regulations that govern truthful advertising, endorsements, and privacy. This can include adherence to guidelines set forth by organizations such as the Federal Trade Commission (FTC) in the U.S. or similar entities in other jurisdictions.
6. Industry Standards and Best Practices: Familiarize yourself with industry standards and best practices for multi-touch attribution, including the guidelines established by organizations such as the Interactive Advertising Bureau (IAB) and other relevant trade associations. Adhering to these standards not only ensures compliance but also builds credibility with clients.
7. Tax and Financial Compliance: As a business, you will need to comply with local, state, and federal tax regulations. This includes registering your business, obtaining necessary licenses, and understanding your tax obligations related to income, sales, and employment. Consulting with a tax professional can help you navigate these requirements effectively. By proactively addressing these legal and regulatory requirements, you can establish a solid foundation for your multi-touch attribution business, ensuring that you build trust with your clients and operate within the law.
Financing Options
When embarking on the journey to establish a multi-touch attribution business, securing adequate financing is a critical step that can significantly influence your success. There are several financing options available, each with its own advantages and considerations.
Bootstrapping: Many entrepreneurs choose to finance their businesses through personal savings or funds generated from initial sales. Bootstrapping allows you to maintain full control over your business without incurring debt or giving away equity. However, this option can be risky as it relies heavily on your financial resources and may limit your ability to scale quickly.
Friends and Family: Turning to friends and family for financial support can be a viable option, especially in the early stages. This approach often comes with lower expectations in terms of formal agreements and repayment timelines. However, it’s essential to approach this option with caution, ensuring clear communication and understanding to avoid potential strains on personal relationships.
Angel Investors: Angel investors are individuals who provide capital in exchange for equity or convertible debt. They often bring not only funds but also valuable industry knowledge and networking opportunities. Securing an angel investor can provide the necessary resources to accelerate growth, but it typically involves giving up a portion of ownership in your business.
Venture Capital: For those looking to scale rapidly, venture capital (VC) can be an attractive option. VCs invest large sums of money in exchange for equity, often with the expectation of high returns. While this can provide substantial financial backing, it also comes with pressure to achieve significant growth and the potential loss of some control over business decisions.
Crowdfunding: Platforms like Kickstarter or Indiegogo allow entrepreneurs to raise small amounts of money from a large number of people, often in exchange for early access to products or other rewards. Crowdfunding can also serve as a marketing tool, generating interest and validating your business idea before launch.
Bank Loans: Traditional bank loans can provide the necessary capital for starting your business, but they often require a solid business plan and collateral. Interest rates and repayment schedules can vary, so it’s crucial to assess your ability to manage the debt before taking this route.
Grants and Competitions: Various government programs, nonprofit organizations, and private companies offer grants and competitions aimed at supporting startups. These funds typically do not require repayment and can provide a significant financial boost. However, competition for grants can be fierce, and the application process may be time-consuming.
Strategic Partnerships: Forming partnerships with established companies can also provide financial resources, as well as access to their customer base and expertise in the field. This option can enhance your credibility and provide additional avenues for growth.
In conclusion, evaluating these financing options based on your business goals, stage of development, and risk tolerance is essential. A well-thought-out financing strategy can lay a strong foundation for your multi-touch attribution business, enabling you to innovate and compete effectively in the marketplace.
Marketing and Sales Strategies
In launching a multi-touch attribution business, effective marketing and sales strategies are crucial for establishing a foothold in a competitive landscape. Here are key approaches to consider:
Identify Target Audience: Understanding who your ideal customers are is the first step. Typically, your audience will include marketers, business owners, and data analysts across various industries. Segment your audience based on factors such as company size, industry, and marketing maturity to tailor your messaging effectively.
Content Marketing: Develop a comprehensive content marketing strategy that highlights the importance of multi-touch attribution. Create informative blog posts, whitepapers, case studies, and webinars that educate your audience about the benefits of attribution models, how they work, and their impact on marketing ROI. This positions your business as a thought leader in the field and builds trust with potential clients.
Search Engine Optimization (SEO): Optimize your content for search engines to attract organic traffic. Use relevant keywords related to multi-touch attribution, analytics, and marketing performance measurement. This will help potential customers find your resources when they search for solutions to their attribution challenges.
Social Media Marketing: Leverage social media platforms to promote your content and engage with your audience. Share insights, industry news, and success stories to foster a community around your brand. Platforms like LinkedIn are particularly effective for B2B marketing, allowing you to connect with decision-makers in organizations.
Webinars and Online Workshops: Host webinars or workshops to demonstrate your expertise and showcase how your multi-touch attribution solution can solve common marketing problems. These events can also serve as lead generation tools, allowing you to capture contact information from attendees interested in learning more about your services.
Partnerships and Collaborations: Consider forming partnerships with complementary businesses, such as marketing agencies, CRM providers, or analytics firms. These collaborations can help you tap into their existing customer bases and create bundled offerings that provide added value to clients.
Customer Testimonials and Case Studies: Showcase success stories from clients who have benefited from your multi-touch attribution solutions. Testimonials and case studies provide social proof and can significantly influence potential customers’ purchasing decisions.
Freemium Model or Free Trials: Offering a freemium version or free trial of your service can lower the barrier to entry for potential clients. This allows them to experience the value of your solution firsthand, increasing the likelihood of conversion to a paid plan.
Targeted Advertising: Implement targeted online advertising campaigns using platforms like Google Ads and social media to reach your audience effectively. Utilize retargeting strategies to engage users who have previously shown interest in your services, keeping your brand top-of-mind.
Sales Outreach: Establish a dedicated sales team to conduct outreach to potential clients. Use personalized email campaigns, cold calling, and LinkedIn outreach to connect with leads. Focus on understanding their specific challenges and demonstrate how your multi-touch attribution solutions can address those needs.
By employing these marketing and sales strategies, you can effectively position your multi-touch attribution business in the market, attract the right customers, and drive sustainable growth.
Operations and Logistics
When launching a multi-touch attribution business, effective operations and logistics are crucial to ensure smooth functioning and client satisfaction. This entails several key components:
Technology Infrastructure: At the heart of a multi-touch attribution business is a robust technology platform. This includes developing or acquiring software that can track user interactions across various marketing channels. The platform should support data integration from different sources, such as web analytics, CRM systems, and ad platforms. Consideration must be given to cloud hosting solutions that offer scalability and reliability, as well as data security measures that comply with regulations like GDPR and CCPA.
Data Management: Successful multi-touch attribution relies on the ability to collect, analyze, and interpret vast amounts of data. Establish a clear data collection process that ensures high-quality, accurate data entry. Implement data cleansing protocols to handle discrepancies and maintain data integrity. Additionally, invest in data analytics tools and hire skilled analysts who can interpret the data and provide actionable insights for clients.
Client Onboarding: A streamlined client onboarding process is essential for establishing strong relationships. Develop a structured onboarding program that guides clients through the setup process, including data integration, defining key performance indicators (KPIs), and understanding the attribution model that best suits their needs. Regular communication during this phase will help manage expectations and ensure client satisfaction.
Customer Support: Ongoing customer support is critical for retaining clients and fostering loyalty. Create a support team that can assist clients with technical issues, interpret data reports, and provide strategic recommendations. Consider implementing a ticketing system for efficient issue tracking and resolution. Additionally, offering training sessions and resources can empower clients to make the most of the attribution tools provided.
Marketing and Sales Operations: Develop a comprehensive marketing strategy to attract new clients. This could involve content marketing, webinars, and case studies that demonstrate the effectiveness of multi-touch attribution. Your sales team should be well-versed in the nuances of attribution models and prepared to consult with potential clients about their specific needs. Establish a CRM system to manage leads and track sales processes effectively.
Performance Metrics and Reporting: Establish clear performance metrics to evaluate the success of your operations. Regularly review key metrics such as client acquisition costs, churn rates, and customer satisfaction scores. Use these insights to refine your services and improve operational efficiency. Implementing a robust reporting system will also allow you to provide clients with regular updates on their campaign performance, reinforcing the value of your services.
By focusing on these operational and logistical components, you can build a strong foundation for your multi-touch attribution business, ensuring that it runs efficiently while delivering high-value insights to clients.
Human Resources & Management
When embarking on the journey of launching a multi-touch attribution business, effective human resources and management strategies are crucial for success. A well-structured team can not only enhance productivity but also foster innovation in a competitive landscape.
Talent Acquisition and Team Composition
The foundation of your business lies in assembling a skilled team. Start by identifying the core roles essential to your operation, such as data analysts, software developers, marketing specialists, and customer success managers. Each role should be aligned with the specific needs of multi-touch attribution, which requires a blend of technical expertise and marketing acumen. Look for candidates with experience in data analytics, digital marketing, and familiarity with attribution models. Additionally, consider hiring individuals with a background in statistics and machine learning, as these skills are invaluable for developing robust attribution models.
Training and Development
Once you have a team in place, investing in ongoing training and professional development is vital. The landscape of digital marketing and data analytics is continually evolving, and keeping your team updated on the latest tools, technologies, and methodologies will ensure that your business remains competitive. Encourage team members to pursue certifications in relevant areas and participate in industry conferences. This not only enhances their skills but also fosters a culture of learning and growth within your organization.
Culture and Collaboration
Establishing a positive workplace culture that promotes collaboration and innovation is essential. Multi-touch attribution requires cross-functional teamwork, as insights from data analysts must inform marketing strategies, and vice versa. Emphasize open communication and create an environment where team members feel comfortable sharing ideas and feedback. Implement tools that facilitate collaboration, such as project management software and communication platforms, to ensure that everyone stays aligned and engaged.
Performance Management
Implementing a robust performance management system will help you track the progress and effectiveness of your team. Set clear objectives and key performance indicators (KPIs) that align with your business goals. Regular performance reviews can provide valuable insights into individual and team contributions, allowing you to recognize high performers and address any challenges promptly. Additionally, consider incorporating employee feedback mechanisms to gauge morale and identify areas for improvement.
Leadership and Vision
Strong leadership is critical in guiding your team toward achieving the vision of your multi-touch attribution business. As a leader, you should communicate the mission and goals clearly and inspire your team to work towards a common objective. Foster an inclusive environment where diverse perspectives are valued, and encourage creative problem-solving. Effective leaders are also adaptable, able to navigate the uncertainties of the market while keeping the team motivated and focused.
Scalability and Growth
As your business grows, your HR and management practices must evolve to accommodate a larger team and increased complexity. Develop scalable processes for recruitment, onboarding, and training to ensure that new hires integrate smoothly into your culture. Consider utilizing HR software to streamline these processes and maintain organized records. Additionally, regularly revisit your organizational structure and make adjustments as necessary to support growth and optimize performance.
In summary, a successful multi-touch attribution business requires a strategic approach to human resources and management. By focusing on talent acquisition, team development, collaborative culture, performance management, strong leadership, and scalability, you can build a resilient organization positioned for long-term success in the ever-evolving digital marketing landscape.
Conclusion
In conclusion, embarking on a multi-touch attribution business presents a significant opportunity in today’s data-driven marketing landscape. By understanding the importance of accurately measuring customer interactions across various touchpoints, you can provide invaluable insights to businesses seeking to optimize their marketing strategies and boost their return on investment. As you establish your venture, focus on building a robust technical infrastructure, refining your analytical capabilities, and cultivating strong relationships with clients. Additionally, staying abreast of industry trends and evolving technologies will be crucial in maintaining a competitive edge. With dedication and a strategic approach, you can position your business as a trusted partner in helping organizations navigate the complexities of multi-touch attribution and enhance their overall marketing effectiveness.
Why write a business plan?
A business plan is a critical tool for businesses and startups for a number of reasons
Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the mark
et.Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
Business Plans allow you to put your business model in words and analyze it further to improve revenues or fill the holes in your strategy.
Business plans allow you to attract investors and partners into the business as they can read an explanation about the business.
Business plans allow you to position your brand by understanding your company’s role in the marketplace.
Business Plans allow you to uncover new opportunities by undergoing the process of brainstorming while drafting your business plan which allows you to see your business in a new light. This allows you to come up with new ideas for products/services, business and marketing strategies.
Business Plans allow you to access the growth and success of your business by comparing actual operational results versus the forecasts and assumptions in your business plan. This allows you to update your business plan to a business growth plan and ensure the long-term success and survival of your business.
Business Plans can help to articulate and flesh out the business’s goals and objectives. This can be beneficial not only for the business owner, but also for potential investors or partners
Business Plans can serve as a roadmap for the business, helping to keep it on track and on target. This is especially important for businesses that are growing and evolving, as it can be easy to get sidetracked without a clear plan in place.
Business plans can be a valuable tool for communicating the business’s vision to employees, customers, and other key stakeholders.
Business plans are one of the most affordable and straightforward ways of ensuring your business is successful.
Business plans allow you to understand your competition better to critically analyze your unique business proposition and differentiate yourself from the mark
et.Business Plans allow you to better understand your customer. Conducting a customer analysis is essential to create better products and services and market more effectively.
Business Plans allow you to determine the financial needs of the business leading to a better understanding of how much capital is needed to start the business and how much fundraising is needed.
Business Plans allow you to put your business model in words and analyze it further to improve revenues or fill the holes in your strategy.
Business plans allow you to attract investors and partners into the business as they can read an explanation about the business.
Business plans allow you to position your brand by understanding your company’s role in the marketplace.
Business Plans allow you to uncover new opportunities by undergoing the process of brainstorming while drafting your business plan which allows you to see your business in a new light. This allows you to come up with new ideas for products/services, business and marketing strategies.
Business Plans allow you to access the growth and success of your business by comparing actual operational results versus the forecasts and assumptions in your business plan. This allows you to update your business plan to a business growth plan and ensure the long-term success and survival of your business.
Business plan content
Many people struggle with drafting a business plan and it is necessary to ensure all important sections are present in a business plan:Executive Summary
Company Overview
Industry Analysis
Consumer Analysis
Competitor Analysis & Advantages
Marketing Strategies & Plan
Plan of Action
Management Team
The financial forecast template is an extensive Microsoft Excel sheet with Sheets on Required Start-up Capital, Salary & Wage Plans, 5-year Income Statement, 5-year Cash-Flow Statement, 5-Year Balance Sheet, 5-Year Financial Highlights and other accounting statements that would cost in excess of £1000 if obtained by an accountant.
The financial forecast has been excluded from the business plan template. If you’d like to receive the financial forecast template for your start-up, please contact us at info@avvale.co.uk . Our consultants will be happy to discuss your business plan and provide you with the financial forecast template to accompany your business plan.
Company Overview
Industry Analysis
Consumer Analysis
Competitor Analysis & Advantages
Marketing Strategies & Plan
Plan of Action
Management Team
The financial forecast template is an extensive Microsoft Excel sheet with Sheets on Required Start-up Capital, Salary & Wage Plans, 5-year Income Statement, 5-year Cash-Flow Statement, 5-Year Balance Sheet, 5-Year Financial Highlights and other accounting statements that would cost in excess of £1000 if obtained by an accountant.
The financial forecast has been excluded from the business plan template. If you’d like to receive the financial forecast template for your start-up, please contact us at info@avvale.co.uk . Our consultants will be happy to discuss your business plan and provide you with the financial forecast template to accompany your business plan.
Instructions for the business plan template
To complete your perfect multi touch attribution business plan, fill out the form below and download our multi touch attribution business plan template. The template is a word document that can be edited to include information about your multi touch attribution business. The document contains instructions to complete the business plan and will go over all sections of the plan. Instructions are given in the document in red font and some tips are also included in blue font. The free template includes all sections excluding the financial forecast. If you need any additional help with drafting your business plan from our business plan template, please set up a complimentary 30-minute consultation with one of our consultants.
Ongoing business planning
With the growth of your business, your initial goals and plan is bound to change. To ensure the continued growth and success of your business, it is necessary to periodically update your business plan. Your business plan will convert to a business growth plan with versions that are updated every quarter/year. Avvale Consulting recommends that you update your business plan every few months and practice this as a process. Your business is also more likely to grow if you access your performance regularly against your business plans and reassess targets for business growth plans.
Bespoke business plan services
Our ExpertiseAvvale Consulting has extensive experience working with companies in many sectors including the multi touch attribution industry. You can avail a free 30-minute business consultation to ask any questions you have about starting your multi touch attribution business. We would also be happy to create a bespoke multi touch attribution business plan for your multi touch attribution business including a 5-year financial forecast to ensure the success of your multi touch attribution business and raise capital from investors to start your multi touch attribution business. This will include high-value consulting hours with our consultants and multiple value-added products such as investor lists and Angel Investor introductions.
About Us
Avvale Consulting is a leading startup business consulting firm based in London, United Kingdom. Our consultants have years of experience working with startups and have worked with over 300 startups from all around the world. Our team has thousands of business plans, pitch decks and other investment documents for startups leading to over $100 Million raised from various sources. Our business plan templates are the combination of years of startup fundraising and operational experience and can be easily completed by a business owner regardless of their business stage or expertise. So, whether you are a budding entrepreneur or a veteran businessman, download our business plan template and get started on your business growth journey today.
multi touch attribution Business Plan Template FAQs
What is a business plan for a/an multi touch attribution business?
A business plan for a multi touch attribution business is a comprehensive document that outlines the objectives, strategies, and financial projections for starting and running a successful multi touch attribution . It serves as a roadmap for entrepreneurs, investors, and lenders by providing a clear understanding of the business concept, market analysis, operational plan, marketing strategy, and financial feasibility. The business plan includes details on the target market, competition, pricing, staffing, facility layout, equipment requirements, marketing and advertising strategies, revenue streams, and projected expenses and revenues. It also helps in identifying potential risks and challenges and provides contingency plans to mitigate them. In summary, a multi touch attribution business plan is a crucial tool for planning, organizing, and securing funding for a multi touch attribution venture.
How to customize the business plan template for a multi touch attribution business?
To customize the business plan template for your multi touch attribution business, follow these steps:
1. Open the template: Download the business plan template and open it in a compatible software program like Microsoft Word or Google Docs.
2. Update the cover page: Replace the generic information on the cover page with your multi touch attribution business name, logo, and contact details.
3. Executive summary: Rewrite the executive summary to provide a concise overview of your multi touch attribution business, including your mission statement, target market, unique selling proposition, and financial projections.
4. Company description: Modify the company description section to include specific details about your multi touch attribution , such as its location, size, facilities, and amenities.
5. Market analysis: Conduct thorough market research and update the market analysis section with relevant data about your target market, including demographics, competition, and industry trends.
6. Products and services: Customize this section to outline the specific attractions, rides, and services your multi touch attribution will offer. Include details about pricing, operating hours, and any additional revenue streams such as food and beverage sales or merchandise.
7. Marketing and sales strategies: Develop a marketing and sales plan tailored to your multi touch attribution business. Outline your strategies for attracting customers, such as digital marketing, advertising, partnerships, and promotions.
8. Organizational structure: Describe the organizational structure of your multi touch attribution , including key personnel, management roles, and staffing requirements. Include information about the qualifications and experience of your management team.
9. Financial projections: Update the
1. Open the template: Download the business plan template and open it in a compatible software program like Microsoft Word or Google Docs.
2. Update the cover page: Replace the generic information on the cover page with your multi touch attribution business name, logo, and contact details.
3. Executive summary: Rewrite the executive summary to provide a concise overview of your multi touch attribution business, including your mission statement, target market, unique selling proposition, and financial projections.
4. Company description: Modify the company description section to include specific details about your multi touch attribution , such as its location, size, facilities, and amenities.
5. Market analysis: Conduct thorough market research and update the market analysis section with relevant data about your target market, including demographics, competition, and industry trends.
6. Products and services: Customize this section to outline the specific attractions, rides, and services your multi touch attribution will offer. Include details about pricing, operating hours, and any additional revenue streams such as food and beverage sales or merchandise.
7. Marketing and sales strategies: Develop a marketing and sales plan tailored to your multi touch attribution business. Outline your strategies for attracting customers, such as digital marketing, advertising, partnerships, and promotions.
8. Organizational structure: Describe the organizational structure of your multi touch attribution , including key personnel, management roles, and staffing requirements. Include information about the qualifications and experience of your management team.
9. Financial projections: Update the
What financial information should be included in a multi touch attribution business plan?
In a multi touch attribution business plan, the following financial information should be included:
1. Start-up Costs: This section should outline all the expenses required to launch the multi touch attribution , including land acquisition, construction or renovation costs, purchasing equipment and supplies, obtaining necessary permits and licenses, marketing and advertising expenses, and any other associated costs.
2. Revenue Projections: This part of the business plan should provide an estimation of the expected revenue sources, such as ticket sales, food and beverage sales, merchandise sales, rental fees for cabanas or party areas, and any additional services offered. It should also include information on the pricing strategy and the expected number of visitors.
3. Operating Expenses: This section should outline the ongoing expenses required to operate the multi touch attribution , including employee salaries and benefits, utilities, maintenance and repairs, insurance, marketing and advertising costs, and any other overhead expenses. It is important to provide realistic estimates based on industry standards and market research.
4. Cash Flow Projections: This part of the business plan should include a detailed projection of the cash flow for the multi touch attribution . It should provide a monthly breakdown of the expected income and expenses, allowing for an assessment of the business's ability to generate positive cash flow and meet financial obligations.
5. Break-Even Analysis: This analysis helps determine the point at which the multi touch attribution will start generating profit. It should include calculations that consider the fixed and variable costs, as well as the expected revenue per visitor or per season. This information is
1. Start-up Costs: This section should outline all the expenses required to launch the multi touch attribution , including land acquisition, construction or renovation costs, purchasing equipment and supplies, obtaining necessary permits and licenses, marketing and advertising expenses, and any other associated costs.
2. Revenue Projections: This part of the business plan should provide an estimation of the expected revenue sources, such as ticket sales, food and beverage sales, merchandise sales, rental fees for cabanas or party areas, and any additional services offered. It should also include information on the pricing strategy and the expected number of visitors.
3. Operating Expenses: This section should outline the ongoing expenses required to operate the multi touch attribution , including employee salaries and benefits, utilities, maintenance and repairs, insurance, marketing and advertising costs, and any other overhead expenses. It is important to provide realistic estimates based on industry standards and market research.
4. Cash Flow Projections: This part of the business plan should include a detailed projection of the cash flow for the multi touch attribution . It should provide a monthly breakdown of the expected income and expenses, allowing for an assessment of the business's ability to generate positive cash flow and meet financial obligations.
5. Break-Even Analysis: This analysis helps determine the point at which the multi touch attribution will start generating profit. It should include calculations that consider the fixed and variable costs, as well as the expected revenue per visitor or per season. This information is
Are there industry-specific considerations in the multi touch attribution business plan template?
Yes, the multi touch attribution business plan template includes industry-specific considerations. It covers various aspects that are specific to the multi touch attribution industry, such as market analysis for multi touch attribution businesses, details about different types of water attractions and their operational requirements, financial projections based on industry benchmarks, and marketing strategies specific to attracting and retaining multi touch attribution visitors. The template also includes information on regulatory compliance, safety measures, staffing requirements, and maintenance considerations that are unique to multi touch attribution businesses. Overall, the template is designed to provide a comprehensive and industry-specific guide for entrepreneurs looking to start or expand their multi touch attribution ventures.
How to conduct market research for a multi touch attribution business plan?
To conduct market research for a multi touch attribution business plan, follow these steps:
1. Identify your target market: Determine the demographic profile of your ideal customers, such as age group, income level, and location. Consider factors like families with children, tourists, or locals.
2. Competitor analysis: Research existing multi touch attribution in your area or those similar to your concept. Analyze their offerings, pricing, target market, and customer reviews. This will help you understand the competition and identify opportunities to differentiate your multi touch attribution .
3. Customer surveys: Conduct surveys or interviews with potential customers to gather insights on their preferences, expectations, and willingness to pay. Ask questions about their multi touch attribution experiences, preferred amenities, ticket prices, and any additional services they would like.
4. Site analysis: Evaluate potential locations for your multi touch attribution . Assess factors like accessibility, proximity to residential areas, parking availability, and the level of competition nearby. Consider the space required for various attractions, pools, and facilities.
5. Industry trends and forecasts: Stay updated with the latest multi touch attribution industry trends, market forecasts, and industry reports. This will help you understand the demand for multi touch attribution , emerging customer preferences, and potential opportunities or challenges in the market.
6. Financial analysis: Analyze the financial performance of existing multi touch attribution to understand revenue streams, operating costs, and profitability. This will aid in estimating your own financial projections and understanding the feasibility of your multi touch attribution business.
7. Government regulations: Research local
1. Identify your target market: Determine the demographic profile of your ideal customers, such as age group, income level, and location. Consider factors like families with children, tourists, or locals.
2. Competitor analysis: Research existing multi touch attribution in your area or those similar to your concept. Analyze their offerings, pricing, target market, and customer reviews. This will help you understand the competition and identify opportunities to differentiate your multi touch attribution .
3. Customer surveys: Conduct surveys or interviews with potential customers to gather insights on their preferences, expectations, and willingness to pay. Ask questions about their multi touch attribution experiences, preferred amenities, ticket prices, and any additional services they would like.
4. Site analysis: Evaluate potential locations for your multi touch attribution . Assess factors like accessibility, proximity to residential areas, parking availability, and the level of competition nearby. Consider the space required for various attractions, pools, and facilities.
5. Industry trends and forecasts: Stay updated with the latest multi touch attribution industry trends, market forecasts, and industry reports. This will help you understand the demand for multi touch attribution , emerging customer preferences, and potential opportunities or challenges in the market.
6. Financial analysis: Analyze the financial performance of existing multi touch attribution to understand revenue streams, operating costs, and profitability. This will aid in estimating your own financial projections and understanding the feasibility of your multi touch attribution business.
7. Government regulations: Research local
What are the common challenges when creating a business plan for a multi touch attribution business?
Creating a business plan for a multi touch attribution business may come with its fair share of challenges. Here are some common challenges that you may encounter:
1. Market Analysis: Conducting thorough market research to understand the target audience, competition, and industry trends can be time-consuming and challenging. Gathering accurate data and analyzing it effectively is crucial for a successful business plan.
2. Financial Projections: Developing realistic financial projections for a multi touch attribution business can be complex. Estimating revenue streams, operational costs, and capital requirements while considering seasonality and other factors specific to the multi touch attribution industry can be a challenge.
3. Seasonality: multi touch attribution are often affected by seasonal fluctuations, with peak business during warmer months. Addressing this seasonality factor and developing strategies to sustain the business during off-peak seasons can be challenging.
4. Operational Planning: Designing the park layout, selecting appropriate rides and attractions, and ensuring optimal flow and safety measures require careful planning. Balancing the needs of different customer segments, such as families, thrill-seekers, and young children, can be challenging.
5. Permits and Regulations: Understanding and complying with local regulations, permits, and safety standards can be a complex process. Researching and ensuring compliance with zoning requirements, health and safety regulations, water quality standards, and licensing can present challenges.
6. Marketing and Promotion: Effectively marketing and promoting a multi touch attribution business is crucial for attracting customers. Developing a comprehensive marketing strategy, including online and offline channels, targeting
1. Market Analysis: Conducting thorough market research to understand the target audience, competition, and industry trends can be time-consuming and challenging. Gathering accurate data and analyzing it effectively is crucial for a successful business plan.
2. Financial Projections: Developing realistic financial projections for a multi touch attribution business can be complex. Estimating revenue streams, operational costs, and capital requirements while considering seasonality and other factors specific to the multi touch attribution industry can be a challenge.
3. Seasonality: multi touch attribution are often affected by seasonal fluctuations, with peak business during warmer months. Addressing this seasonality factor and developing strategies to sustain the business during off-peak seasons can be challenging.
4. Operational Planning: Designing the park layout, selecting appropriate rides and attractions, and ensuring optimal flow and safety measures require careful planning. Balancing the needs of different customer segments, such as families, thrill-seekers, and young children, can be challenging.
5. Permits and Regulations: Understanding and complying with local regulations, permits, and safety standards can be a complex process. Researching and ensuring compliance with zoning requirements, health and safety regulations, water quality standards, and licensing can present challenges.
6. Marketing and Promotion: Effectively marketing and promoting a multi touch attribution business is crucial for attracting customers. Developing a comprehensive marketing strategy, including online and offline channels, targeting
How often should I update my multi touch attribution business plan?
It is recommended to update your multi touch attribution business plan at least once a year. This allows you to reassess your goals and objectives, review your financial projections, and make any necessary adjustments to your marketing strategies. Additionally, updating your business plan regularly ensures that it remains relevant and reflects any changes in the industry or market conditions. If there are significant changes to your business, such as expansion or new offerings, it is also advisable to update your business plan accordingly.
Can I use the business plan template for seeking funding for a multi touch attribution business?
Yes, you can definitely use the business plan template for seeking funding for your multi touch attribution business. A well-written and comprehensive business plan is essential when approaching potential investors or lenders. The template will provide you with a structured format and guidance on how to present your business idea, including market analysis, financial projections, marketing strategies, and operational plans. It will help you demonstrate the viability and potential profitability of your multi touch attribution business, increasing your chances of securing funding.
What legal considerations are there in a multi touch attribution business plan?
There are several legal considerations to keep in mind when creating a multi touch attribution business plan. Some of the key considerations include:
1. Licensing and permits: You will need to obtain the necessary licenses and permits to operate a multi touch attribution, which may vary depending on the location and local regulations. This may include permits for construction, health and safety, water quality, food service, alcohol sales, and more. It is important to research and comply with all applicable laws and regulations.
2. Liability and insurance: Operating a multi touch attribution comes with inherent risks, and it is crucial to have proper liability insurance coverage to protect your business in case of accidents or injuries. Consult with an insurance professional to ensure you have adequate coverage and understand your legal responsibilities.
3. Employment and labor laws: When hiring employees, you must comply with employment and labor laws. This includes proper classification of workers (such as employees versus independent contractors), compliance with minimum wage and overtime laws, providing a safe and non-discriminatory work environment, and more.
4. Intellectual property: Protecting your multi touch attribution's brand, logo, name, and any unique design elements is important. Consider trademarking your brand and logo, and ensure that your business plan does not infringe upon any existing trademarks, copyrights, or patents.
5. Environmental regulations: multi touch attribution involve the use of large amounts of water and often have complex filtration and treatment systems. Compliance with environmental regulations regarding water usage, chemical handling, waste disposal, and energy efficiency is
1. Licensing and permits: You will need to obtain the necessary licenses and permits to operate a multi touch attribution, which may vary depending on the location and local regulations. This may include permits for construction, health and safety, water quality, food service, alcohol sales, and more. It is important to research and comply with all applicable laws and regulations.
2. Liability and insurance: Operating a multi touch attribution comes with inherent risks, and it is crucial to have proper liability insurance coverage to protect your business in case of accidents or injuries. Consult with an insurance professional to ensure you have adequate coverage and understand your legal responsibilities.
3. Employment and labor laws: When hiring employees, you must comply with employment and labor laws. This includes proper classification of workers (such as employees versus independent contractors), compliance with minimum wage and overtime laws, providing a safe and non-discriminatory work environment, and more.
4. Intellectual property: Protecting your multi touch attribution's brand, logo, name, and any unique design elements is important. Consider trademarking your brand and logo, and ensure that your business plan does not infringe upon any existing trademarks, copyrights, or patents.
5. Environmental regulations: multi touch attribution involve the use of large amounts of water and often have complex filtration and treatment systems. Compliance with environmental regulations regarding water usage, chemical handling, waste disposal, and energy efficiency is
Next Steps and FAQs
### Starting a Multi-Touch Attribution Business: A Step-by-Step Guide
Multi-touch attribution (MTA) is a crucial aspect of digital marketing analytics, allowing businesses to understand the effectiveness of various marketing channels in driving conversions. If you're interested in starting a multi-touch attribution business, follow these steps:
#### Step 1: Understand the Basics of Multi-Touch Attribution
- Research MTA Models: Familiarize yourself with different attribution models such as linear, time decay, U-shaped, W-shaped, and algorithmic attribution.
- Identify Industry Needs: Understand the pain points of businesses regarding attribution and how MTA can solve those issues.
#### Step 2: Develop Your Business Plan
- Define Your Niche: Decide whether you will cater to specific industries (e.g., e-commerce, SaaS, etc.) or offer generalized solutions.
- Outline Services: Will you provide consulting, software development, or data analytics services? Define your offerings clearly.
- Market Analysis: Conduct a competitive analysis to identify existing players and gaps in the market.
#### Step 3: Build Your Team
- Hire Experts: Recruit professionals with expertise in data analytics, marketing, and software development.
- Consult with Statisticians: Employ statisticians or data scientists who can help create and validate your attribution models.
#### Step 4: Develop Your Technology
- Choose a Technology Stack: Decide on the tools and technologies you will use for data collection, processing, and reporting.
- Create a User-Friendly Interface: Ensure your software is intuitive and provides actionable insights for your clients.
- Ensure Data Compliance: Adhere to data protection regulations such as GDPR or CCPA.
#### Step 5: Acquire Data Sources
- Integrate with Marketing Platforms: Establish partnerships or integration capabilities with major advertising platforms (e.g., Google Ads, Facebook Ads).
- Gather Client Data: Create provisions for clients to securely share their marketing data with you for analysis.
#### Step 6: Market Your Services
- Build a Website: Create a professional website that clearly outlines your services, case studies, and client testimonials.
- Use Content Marketing: Publish blogs, whitepapers, and case studies demonstrating the value of multi-touch attribution.
- Engage in Networking: Attend industry conferences and webinars to connect with potential clients and industry peers.
#### Step 7: Offer Trials and Demos
- Provide Free Trials: Offer potential clients a trial period to test your attribution software.
- Conduct Webinars and Demos: Educate potential clients about the importance of attribution and how your service works.
#### Step 8: Gather Feedback and Iterate
- Collect Client Feedback: After onboarding clients, gather feedback to improve your offerings.
- Iterate on Your Technology: Use the feedback to make necessary adjustments to your software and services.
### FAQs
Q1: What is Multi-Touch Attribution?
A1: Multi-touch attribution is a method of crediting conversion value to multiple touchpoints in a customer journey, rather than attributing it solely to the last interaction.
Q2: How does MTA benefit businesses?
A2: MTA helps businesses understand the effectiveness of their marketing channels, optimize spending, improve customer targeting, and ultimately increase ROI.
Q3: What technology do I need to start an MTA business?
A3: You will need data analytics tools, a strong database management system, integration capabilities with marketing platforms, and user interface design tools.
Q4: How do I ensure data privacy and compliance?
A4: Familiarize yourself with and adhere to data protection regulations like GDPR and CCPA. Implement strong data security measures and ensure transparency with clients about data usage.
Q5: What should I look for when hiring a team?
A5: Look for candidates with expertise in data analysis, digital marketing, statistical modeling, software development, and experience in working with attribution or analytics tools.
Q6: How can I differentiate my MTA business from competitors?
A6: Focus on a niche market, provide exceptional customer service, offer unique features in your software, and build strong case studies demonstrating your effectiveness.
Q7: What pricing model should I consider for my services?
A7: Consider subscription-based pricing, tiered pricing based on usage, or project-based fees. Research competitors to find a competitive yet profitable pricing strategy.
By following these steps and addressing these FAQs, you will be well on your way to launching a successful multi-touch attribution business.