Paid media · 8 min

Your ROAS is lying to you: an attribution field guide

In our audits, reported ROAS overstates real blended return by 20–30% on average. Not because anyone is cheating — because Meta, Google and GA4 each claim the same sale. One DTC client’s dashboards summed to 122% of actual revenue.

CHECK 01
The revenue reconciliation

Add up platform-attributed revenue for one month and divide by actual revenue. Above 110% you’re double-counting — most audits land at 120–160% — and over-funding whichever platform claims most aggressively.

CHECK 02
The holdout instinct

Compare branded-search and retargeting spend against what organic and CRM would capture anyway. In our marketplace audits, up to 29% of paid search bought clicks the brand already ranked #1 for.

CHECK 03
The margin lens

Re-score campaigns on contribution margin — profit after all variable costs — per SKU or cohort, not blended ROAS. In 8 of 10 e-commerce audits, 20–30% of spend was buying revenue below break-even after shipping and returns.

The gap, drawn
Platform-reported ROAS4.2×
Real blended return3.3×
Real blended return = total revenue ÷ total marketing spend — one line, no models. A typical finding: reported 4.2×, real 3.3× — a 27% overstatement. At $80k/mo spend, budget allocated on the reported number misprices roughly $26k of annual decisions.

Fixing attribution rarely recovers much money directly — median $3k. But it changes where every other dollar goes: it’s the finding that makes the other findings visible. All three checks run on exports you already have; the audit runs them (and thirty-four more) against your verified revenue data.

See how the audit verifies attribution →
Book an audit → See the benchmark