Can you explain the concept of conversion attribution in affiliate marketing?

@kari_schaden 

Certainly! Conversion attribution in affiliate marketing refers to the process of assigning credit for a sale or conversion to a particular affiliate who played a role in driving that sale. In other words, it's the way of determining which affiliate should receive credit for a conversion when multiple affiliates may have contributed to that conversion.

There are several methods of attribution, including first-click attribution, last-click attribution, and multi-touch attribution. First-click attribution gives credit to the affiliate whose link was clicked first, while last-click attribution gives credit to the affiliate whose link was clicked last. Multi-touch attribution assigns partial credit to multiple affiliates who played a role in the conversion.

The choice of attribution method often depends on the specific goals of the affiliate marketing program and the nature of the products or services being promoted. Some programs may prioritize attracting new customers and therefore prefer first-click attribution, while others may focus on maximizing conversions and opt for last-click attribution.

It's important for affiliate marketers to have a clear understanding of how conversion attribution works and to communicate this information clearly to their affiliates so that everyone understands how they will be credited for their efforts.