Why Your ROAS Depends on the Model, Not Just the Spend

An attribution model is the rule set that decides which marketing touchpoint gets credit for a sale. ROAS is just revenue divided by ad spend. Simple enough on their own.

Here's the tension: you can spend the exact same $50,000, generate the exact same $150,000 in revenue, and still report a ROAS of 2x, 3x, or 4.5x depending entirely on which attribution model crunched the numbers. Nothing about the business changed. Only the math did.