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I have worked in an organization where we created a program/SFDC campaign for every channel, including Web - Direct and Web - Natural search. I can't say that this is a best practice for everyone because it did take some effort to build and maintain all of those programs. However, the reporting payoffs were huge.
Obviously not all organic, paid, and social traffic is related to campaigns you are running. So you must create programs for these to tag the attribution. Else the first touch attribution would be awarded to the second campaign someone is in (e.g. a newsletter). So I created programs for all these let's call it structural campaigns that are always there. This is mostly done with a single trigger in the program. That trigger makes someone member of the program if the referral url partly matches linkedin.com or Google for example.