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

Panama is known more for shipping, banking, low taxes, and beautiful sights. But the IT industry is not so far behind since the country is in the middle of digital transformation, and currently at the 4th stage of the “Smart Nation” project. Within this project, most of IT companies decided to settle there, and the existing ones have known successful progress. So after all, Panama is not only about taxes and beaches, but it has a developing IT sector. 

The main part of the tech sector relies on app development. Even back in 2014, Panama started to be an operational center for 250+ startups that were focused on developing apps for Google’s android, mainly. Later on, the country was a destination to set for multinational companies such as Dell, Ericsson, or ABB that continued to develop the IT industry inside the country. Panama doesn’t lack tech specialists, even if the country has ~4 million inhabitants. Since the tax policy is flexible and real estate is cheap, many skilled professionals from both Latin and North America consider Panama as a great place from where to work. 

Why working with a Panama-based IT company

Consider Panama as a non-national-based IT destination. Here, out of hundreds of IT startups and tech companies, only 30% are founded and lead by native inhabitants. The other 70% or so are international IT & software companies that relocated to a place comfortable for both workers and companies. 

In Panama, you can find the entire spectrum of IT services and companies that perform from midrange to top. Of course, these companies charge according to their service quality, but then again - try the US market and you will get extra prices for everything.  On top of everything, many Europeans found Panama as a great choice to start or continue their business. 

The local currency is equal to the USD which makes the country comfortable to work with. The average yearly salary of a web developer in Panama is ~39K USD, while the average hourly rate is ~18,8 USD. These are pretty competitive prices compared to the US or Bolivia, for example. 

What you should pay attention to when working with a Panama-based IT company

The huge company diversity in Panama can have both positive and negative impacts, especially for those interested in budget projects. Out of 560+ IT and software companies registered in Panama, many of them are still inexperienced in developing, design, marketing, or even simply B2B affairs. Yes, the risk of hitting an inexperienced company persists in every country, yet the chances here are bigger, due to the high number of startups that already call themselves “well-established web agencies”. 

How reliable are Panama-based IT companies

IT companies that lack experience, on their turn can create project difficulties, such as delays on project delivery, miscommunication, lower-than-average project management to name a few. This is why Tech Behemoths comes to help in analyzing and finding the right partner for your digital project. 

On the other hand, there are not few IT and software companies that gained a name on the international IT market and perform decent to world-class services for their clients and have a good portfolio. 

Generally, it all depends on the company, but certainly, Panama is a country not to miss when looking for a digital partner.

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!