There are 1 Companies in Latvia
that provide Affiliate Marketing Services!

With a population of just over 2 million, Latvia has been qualified as a high-income country by the World Bank. It had come a long way since the year 1991, far from the shadow of the Soviet Union, to create a place for itself in global affairs – economic, political, cultural, or academic. 

Many people identify Latvia as a country with one of the fastest internet speeds in the world, more than the United Kingdom or France even! However, the high-tech atmosphere in Latvia is much broader and exciting than that. In a short period of time, Latvia has managed to build a ground for the development of ecosystems that support the growth of high-tech and deep-tech industries and infrastructures.

Why you should work with Latvian IT companies

Like the country itself, Latvian IT companies are in a continuous transformation and develop their capabilities at high speed. Organizing fairs and events, working with international companies, and exporting their services to almost all European countries, Latvian IT companies managed to increase their competitiveness and number of clients with more than 70% in 2019, compared to the previous year. 

World Bank data suggests that in 2018, the high technology exports as a percentage share of total manufacture exports of Latvia were at 19.3%.  According to another statistic - the Global Innovation Index 2019, Latvia ranks at 34 in the world. Just to mention, that in 2015, the same index placed Latvia in the 81st position. 

What to be aware of when working with Latvian IT companies

There are not too many things that are challenging for Latvian IT companies, and probably, like in all three Baltic countries, Latvia faces the same problem - limited human resources. Out of 2 million people in Latvia, 4.5% are enrolled in the IT industry. And even if the country tries to stimulate the numbers to grow, everything moves a bit slowly like in Estonia for example.  

Are Latvian companies reliable?

The Latvian business traditions find their roots back in the former Soviet Union, and while it was bordering the nordic countries the Latvian society followed practices and business culture from both sides. 

Now, Latvian companies, including those in the IT industry enjoy a high level of reliability and trust, including but not limited to on-time delivered projects, well-executed digital services, good project management, and why not - linguistic capabilities of the locals. 

How does Latvia perform compared to its neighboring countries in terms of IT?

Together with Estonia and Lithuania, Latvia is a part of the Baltic IT hub - probably one of the most progressive in Europe. The well-developed IT infrastructure is interconnected with the other two countries, and many companies provide services in the entire Baltic region.  It is something specific for the region, where three countries collaborate tightly based on the understanding that together they are stronger. 

Taking Latvia apart from those two countries, we could say that its IT industry does not differ from their neighboring countries, and probably is at a slightly lower level than Estonian’s tech scene, since the last one has been thru many digital transformations lately.

Affiliate Marketing is an advertising scheme where the affiliate (the party that promotes a service or product of a specific brand) gets a commission for every successful lead or sales he generates for that brand.

There are different types of affiliate networks with various commission rates (ranging from a few % to 50% or even more). Users can join affiliate programs via 3rd party affiliate networks or directly on the brands’ websites, which have their in-house affiliate systems.

Online businesses that have affiliate programs usually get about 10 - 30% of their revenue via affiliate marketing. This means that this is an important marketing channel to consider for your business growth.

IT service providers usually don’t use affiliate marketing to promote their services. Around 81% of interviewed IT companies don’t use any kind of affiliate marketing, according to the latest TechBehemoths survey.

At the same time, digital agencies can help your business set up, launch and expand your affiliate marketing program. Their knowledge, expertise and professionals can help you build a new revenue stream via affiliate marketing.

Here are some advantages of having an affiliate program:

• Increases your brand awareness
• Generates leads and sales
• No need to hire employees
• Affiliates do the advertising job for your business
• Affiliates’ revenue is based on their performance
• Can be automated and run autonomously
• Is generally a low risk investment

Here are some things to look for, before hiring a digital agency which provides affiliate marketing services:

• Expertise
• Technical knowledge
• Skilful team
• Price range
• Portfolio
• Approach & techniques
• Communication & reporting
• Customer reviews

There are more than 790 affiliate marketing service providers listed on TechBehemoths. The web agencies are from all over the world provide a wide set of digital marketing services, including branding, advertising, pay per click, SEO and more.

To ease the selection process, we’ve created a powerful filter which you can use to choose the right companies based on your project requirements. Browse their profiles  and contact them for possible collaborations. The service is free and there is no obligation to hire!