Must-Follow Data-Driven Marketing Strategies 10X Conversion
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87% of organizations don’t fully utilize data, even though 68% of businesses consider it a priority to improve customer trust and experience. But data-driven marketing strategies give you a huge opportunity to step in and drive conversions where others are missing the mark.
In this article, we’ll explore our proven strategies to help you make smarter, more efficient decisions. Plus, we’ll share a step-by-step guide on how you can implement data-driven strategies.
By the end, you can fill your marketing toolkit with actionable insights you can implement ASAP to turn your data into conversions.
5 Must-Know Data-Driven Marketing Strategies Right Now
Review your current marketing campaigns to find underperforming areas where you think you’re wasting resources. Then, pick any of the following strategies to replace them based on your budget and ROI goals.
1. Use Attribution Modeling To Maximize ROI Across Channels
75% of businesses use a multi-touch attribution model to measure the performance of their marketing campaigns. These models assign credit to different touchpoints based on their contribution to desired conversions.
You can use this to see firsthand how data-driven marketing works in identifying tactics and campaigns that drive the most revenue, retention, and engagement.
Here are the 5 attribution models you should consider:
- The position-based attribution model assigns the greatest value to the last and first touchpoints and distributes the remaining credits among other touchpoints.
- The time-decay attribution model assigns fewer credits to touchpoints that occur earlier in customer journeys and gradually increases them for touchpoints closer to the conversion point.
- The linear attribution model assigns equal credits to all touchpoints throughout the customer journey, giving them all equal importance for data-driven marketing campaigns.
- The last-click attribution model assigns all credits to the final action or conversion before your customer takes the desired action.
- The first-click attribution model assigns all credits to the first touchpoint that starts the customer journey cycle.
Here’s what you need to do:
- Define your data-driven marketing objectives and goals and select your target audience for your marketing campaign. This can include increasing newsletter signups from new customers or driving product purchases from existing customers.
- Select an attribution model that aligns with your goals. So, if the first and last customer journey touchpoints offer the most value, you can choose the position-based attribution model.
- Use data analysis to determine how your marketing campaigns perform at each touchpoint. For example, review which landing page brings the most signups.
Industries That Can Benefit From This
Health & wellness businesses often face extended decision-making cycles where customers research products and compare options, while eCommerce stores deal with high cart abandonment rates and impulsive buying patterns.
But with an attribution model, health & wellness brands can track the research-heavy customer journey and identify key moments to deliver personalized messaging that drives trust and conversions.

Meanwhile, eCommerce stores can use attribution to know which touchpoints result in cart abandonment or impulse buys to refine their ad strategies and optimize marketing spend to recover lost sales.
For example, Green Supply, which falls under those 2 industries, can use attribution modeling to identify which marketing touchpoints, like Google Ads or follow-up emails, drive the most sales for their brand. This helps them allocate resources more effectively, like retargeting customers who viewed their CBD products but didn’t complete a purchase.
Using Facebook Ads, they can also retarget specific audiences based on their behaviors to maximize the impact of their campaigns.

If you’re a small business with limited finances, the cost of implementing attribution models can feel overwhelming. So to allocate your resources wisely, consider integrating budget monitoring strategies into your marketing plan. They’ll help you track your spending and make sure your marketing teams stay on target.
How Olive Street Design Can Help
Attribution modeling only works when you optimize your website to support it; this is where Olive Street Design comes in. We specialize in user-friendly websites that support robust data-driven marketing strategies.









