There are 2 Companies in Madrid
that provide Affiliate Marketing Services!

Although Madrid is not Spain’s largest tech center, in the past 7 years it grew dramatically and proved that it’s worth investing in companies and startups located there. The average fundings the city receives for startup programs is around $360M/year. Even though the amount of money is considerably higher than between 2010-2016, Madrid is far behind in investing real money compared to Europe’s leading tech centers (London $5.65B; Paris - $2.77B; Berlin - $2.67B).

Even so, back in 2019 Madrid was the home of over 1235 startups and now in 2021, the number is probably higher, despite the pandemics. However, these startups in Madrid are small in relatively new and do not attract large investments, which is totally different from Barcelona where tech startups have managed to attract a considerable amount of investors - with almost the same amount of startups the investments rose above $900M in 2019 only. 

On the other hand, Madrid and Barcelona are making out of Spain an example in the tech and IT industry. Spain managed to do what France and the UK could not achieve - decentralize the tech market. So now if we put Madrid and Barcelona’s tech stage together, Spain looks like a startup nation with a higher digitalization potential in all fields. Talking about startups, there a series of programs, accelerators, and incubators located in Madrid that power-up the tech scene and develop the business environment. Some of the most notable are Warya Spain, Impact Accelerator, Fundacion Repsol, Fil Rouge Capital, and Wanajump. 

Also, there are a series of tech behemoths and international corporations with offices in Madrid - Amazon, Vodafone, Ericsson-Worldwide, Amadeus, and Airbus. After all, Madrid is still Spain’s capital. 

When it comes to salaries -  we didn’t believe it either, but numbers are numbers, and glassdoor data states that the average wage in IT for professionals in Madrid is even higher than in Barcelona. 

Overall, Madrid is a good destination for investors, IT companies, young professionals, and generally for businesses that seek professional digital assistance. If the city will continue its digital transformation will probably become one of Europe’s top tech hubs.

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!