Responding to a growing demand for local brands, Admitad enters the Hungarian market
HEILBRONN, Germany, October 28, 2022 /PRNewswire/ — The global IT company has begun to enter the Hungarian market on a large scale. Through this, local brands and publishers will gain access to the company’s tools, benefit from a wider range of revenue channels, increase brand awareness, establish long-term business partnerships and improve key indicators. commercial.
Admittance develops and invests in advertising and monetization technologies, partner services, money management solutions, media buying and SmartShopping services. Today, the company unites more than 30,000 advertisers and tens of thousands of publishers from around the world.
In this time of economic uncertainty, the CPA Cost per Action model – orders, installations and applications – is particularly attractive for companies in the Eastern Europe. It offers brands the ability to clearly plan their advertising budgets, risk-free test new sales channels and generate additional revenue.
Over the past few years, Admitad has studied the Hungarian market and noticed the growing demand for affiliate marketing tools. The exodus of Ukrainian partners abroad and the growth of the company are also important reasons for entering new markets. With a significant share of the affiliate marketing market in Ukrainethe company plans to bring to Hungary the best tools and practices in this industry.
Previously, the Admitad team has worked with local audiences and seen huge potential in local buyers and brands. The company has managed to achieve excellent results in cooperation with competitors from Hungary partners geographically close to Admitad and focused on digital industries and e-commerce. There are a number of well-known brands affiliated with Admitad that are familiar to Hungarian consumers, including Shein, Spartoo, among others. By using Admitad tools, they generate 40% to 120% growth in local sales on average per year.
“Admitad will continue to strengthen its positions in Eastern Europe, and the most experienced Ukrainian team will lead this process. This team will be able to apply all the expertise accumulated in working with Hungarian brands and online stores. First, Admitad Partner Network and the Instant Payout service will be available in new markets,” says Alexander Krivosheevresponsible for the network of partners in the CIS.
Admitad accelerates the growth of medium and large businesses and helps small businesses grow.
We invite you to send your application to [email protected] if you want to test customer acquisition through affiliate marketing. Our team of experts will consult with you and recommend how affiliate marketing can work for your business and how you can start implementing it.
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