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Marketing · head to head

Attribution vs Listmonk

A

Attribution

Marketing

First-party data marketing attribution platform

From
$2000/month
Rated
-
Listmonk logo

Listmonk

Email Marketing

Self-hosted newsletter and mailing list manager that ships as a single Go binary

From
Free
Rated
-

The short version

  • Only Listmonk has a free tier, so it costs nothing to try first.
  • They diverge on capability: Attribution covers First-party data attribution, Listmonk covers Single binary deployment.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Attribution and Listmonk actually diverge.

Attributes where Attribution and Listmonk differ
AttributeAttributionListmonk
Starting price$2000/monthFree
Pricing modelsubscriptionOpen source, no licence fee
Free tierNoYes
PlatformsWeb, Mobile, ApiWeb, Self-hosted, Docker, Linux, macOS, Windows
CategoryMarketingEmail Marketing
Founded2020Unknown

Identical on both: user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Attribution

  • First-party data attribution
  • Multi-touch attribution
  • Privacy-compliant tracking
  • Real-time insights
  • Conversion tracking
  • Channel attribution
  • Custom reporting
  • API access

Only in Listmonk

  • Single binary deployment
  • SQL segmentation
  • Multi-SMTP queues
  • Arbitrary subscriber attributes
  • Go templating
  • Transactional API
  • Bounce processing
  • Messenger webhooks

What people use each for

The jobs each tool is most often brought in to do.

Attribution

  • Marketing attributionnot Listmonk
  • ROI trackingnot Listmonk
  • Privacy-compliant trackingnot Listmonk
  • First-party datanot Listmonk

Listmonk

  • A publisher with hundreds of thousands of subscribers faces a five-figure annual bill from a hosted provider and can send the same volume through Amazon SES for a fraction of it.not Attribution
  • A developer wants campaign audiences defined by an arbitrary SQL query against subscriber attributes, which no hosted segment builder will express.not Attribution
  • An organisation under privacy or data residency rules needs subscriber data to stay on infrastructure it controls, which rules out every hosted newsletter platform.not Attribution
  • An open source project or nonprofit needs a mailing list tool with no per-subscriber cost, where the list will grow faster than any budget for it.not Attribution

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Attribution

Nothing recorded yet. See the Attribution review.

Listmonk

  • It is not an email service provider. It hands mail to SMTP servers you configure and does nothing about IP warm-up, domain reputation, DKIM, DMARC or inbox placement, so deliverability failures are entirely yours to diagnose and fix.
  • Running it means running PostgreSQL, backups, upgrades and a mail relay, and the true cost is the engineering time to keep that stack healthy rather than the zero licence fee.
  • The campaign editor and analytics are basic next to Mailchimp or Klaviyo: reporting is limited to opens, clicks and bounces, with no revenue attribution, no ecommerce integration and no deep engagement scoring.
  • SQL-based segmentation puts audience definition beyond a non-technical marketer, so a marketing team without engineering support will be blocked on routine tasks.
  • The AGPLv3 licence obliges you to release source modifications if you offer the software as a network service, which is a real constraint for anyone considering embedding it in a commercial product.

Pricing, plan by plan

Attribution

$2000/month
  • Starter$2000/month
    • Up to 5 channels
    • Basic attribution
    • Monthly reports
  • Professional$5000/month
    • Unlimited channels
    • Advanced attribution
    • Weekly reports
  • Enterprise$undefined/month
    • Custom implementation
    • Real-time attribution
    • Dedicated support

Listmonk

Free
  • Self-hostedFree
    • Full AGPLv3 source
    • Unlimited subscribers and campaigns
    • No feature gating and no send limits in the software
  • Third-party managed hosting$undefined/month
    • Several unaffiliated providers offer hosted Listmonk
    • No official hosted service from the maintainer
    • Prices vary by provider and are not published centrally

Which should you pick?

Choose Attribution if

  • You need first-party data attribution.
  • You work on Web, Mobile, Api.
  • You also want multi-touch attribution.

Choose Listmonk if

  • You need single binary deployment.
  • You want to start without paying.
  • You work on Web, Self-hosted, Docker, Linux, macOS, Windows.
  • You also want sql segmentation.

Questions people ask

Is Attribution or Listmonk better?
Neither clearly leads. Attribution starts at $2000/month and Listmonk at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Attribution or Listmonk?
Listmonk has a free tier; the other does not. Paid plans start at $2000/month for Attribution and Free for Listmonk.
Does Attribution or Listmonk run on more platforms?
Attribution runs on Web, Mobile, Api. Listmonk runs on Web, Self-hosted, Docker, Linux, macOS, Windows.
Can I use Listmonk for free?
Yes. Listmonk has a free tier, so you can try it without paying. Attribution starts at $2000/month.
What is Attribution best used for?
Attribution is most often used for marketing attribution, roi tracking, privacy-compliant tracking, first-party data. Of those, marketing attribution and roi tracking are not what Listmonk is typically brought in for.
What can Attribution do that Listmonk cannot?
Attribution covers First-party data attribution, Multi-touch attribution, Privacy-compliant tracking, Real-time insights. Listmonk covers Single binary deployment, SQL segmentation, Multi-SMTP queues, Arbitrary subscriber attributes.

Answered from the vendors’ own pages

Listmonk: Does Listmonk send my emails?

No. It composes, queues and tracks campaigns, then hands the messages to SMTP servers you provide, such as Amazon SES, Postmark or your own relay.

Listmonk: What does it cost to run?

The software is free. The real cost is a small server, a PostgreSQL database and per-email SMTP charges, which through SES are a fraction of hosted newsletter pricing at large list sizes.

Listmonk: What licence is it under?

AGPLv3, which requires you to publish modifications if you offer it as a network service to others.

Listmonk: Is there an official hosted version?

No. Some unaffiliated providers offer managed Listmonk, but the maintainer does not run a hosted service.

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