Top Media Buying Agencies in Panama

Ratings Updated: October 31, 2026

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7 Companies

Country: Panama

List of the Top Panama Media Buying and Planning Companies

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Anderson Collaborative™

4.9 27 reviews

Verified

$5,000+

$150 - $199 / hr

50 - 249

Serves Panama

Services provided

10% Media Planning & Buying

10% Advertising

10% E-Commerce Development +7 services

10% Market Research

10% Marketing Strategy

10% Pay Per Click

10% Public Relations

10% Video Production

10% Web Design

10% Web Development

Anderson Collaborative™ is a comprehensive media planning and buying agency known for its strategic media planning, ad purchasing, and media buying outsourcing services. The company has received overwhelmingly positive feedback, with clients praising their organization, strategic expertise, and impressive results, such as exceeding a 10-times ROAS. Approximately 100% of reviews highlight their effective communication and responsiveness, making them a reliable partner in advertising strategy and media audience segmentation.

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Reviews mention Personable
Clients consistently highlight Anderson Collaborative's personable approach, emphasizing the team's investment in projects and the personal attention they provide. One client noted, "Working with Anderson Collaborative feels like a personal experience," reflecting their commitment to ensuring client satisfaction. The team’s adaptability and transparency further enhance their personable reputation. Overall, feedback indicates a strong sentiment of satisfaction, with clients appreciating the seamless collaboration and genuine care for project outcomes.

Web Design & Branding for Medical Billing Company

5.0 Jun 21, 2021

They were amazingly creative, knowledgeable, and have fantastic personalities. The final results are so impressive!
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3 of 3 Media Planning & Buying reviews are 5 stars

$200,000 – $999,999 avg. project cost

Media Planning & Buying PROJECT HIGHLIGHT

Lead Gen Marketing Strategy for Coworking Spaces Provider
5.0 — Anderson Collaborative has developed a marketing strategy focused on lead generation for a coworking spaces provider. Their work has included media buying, data analytics, web management, and CRM Read more
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Industry Experience

Anderson Collaborative™ has demonstrated expertise across diverse industries, including financial services, arts and entertainment, advertising and marketing, real estate, and more. Clients commend their strong project management, effective communication, and ability to significantly increase leads and engagement through targeted digital strategies. Overall, the sentiment is highly positive, particularly in arts and entertainment, where measurable outcomes include substantial increases in audience reach and ticket sales. They are recognized for their innovative solutions, making them a solid choice for businesses seeking impactful marketing support.
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Advertising & marketing Consumer Products Real estate Motion Pictures & Film Software Retail Business services Energy & natural resources Nonprofit Financial services Arts, entertainment & music

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United States (14) Canada (3) Australia (1)

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EXL Media

4.9 18 reviews

Premier Verified

$25,000+

$150 - $199 / hr

2 - 9

Serves Panama

Services provided

50% Media Planning & Buying

15% Marketing Strategy

10% Conversion Optimization +3 services

10% Pay Per Click

10% Social Media Marketing

5% Market Research

EXL Media excels as a media planning and buying firm, offering comprehensive services from audience segmentation to ad purchasing. Across various reviews, 100% of clients commend their strategic approach and professionalism, with notable achievements such as an 11x return on ad spend and a 311% increase in website sessions. Clients appreciate their proactive communication and deep industry insight, making them a trusted partner.

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Reviews mention Proactive
Clients consistently commend EXL Media for their proactive approach, highlighting their ability to anticipate needs and drive projects forward. One client noted their 'absolutely brilliant' project management, emphasizing their proactive engagement and real-time communication during campaign adjustments. Another client praised EXL Media's agility and responsiveness, stating they are 'always on top of it' and quick to initiate new projects. Overall, the sentiment reflects a strong appreciation for their proactive strategies and effective communication.

SEO & Marketing for Wine & Spirits Company

5.0 Mar 14, 2022

They’re absolutely brilliant at project management. They’re great at staying on budget and very proactive in engaging us and helping us move the project forward. We use email and phone calls to communicate, and we work on Microsoft Word and Excel documents.
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Marketing & Advertising for Health Care Company

5.0 Dec 29, 2020

They’re a great agency and a true partner, taking the time and initiative to investigate and test the best media channels and options for us to reach our target markets. They’ve really taken the time to understand healthcare, as well as track data to uncover what people are engaging with.
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SEO & Digital Marketing for Senior Living Community

5.0 Sep 23, 2020

EXL Media is always on top of it. Google is consistently changing their analytics and formulas so we have to constantly adjust, and EXL Media does that for us. When I had a certain challenge, they identified the source and keywords of it.
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Digital & Print Media Buying & Advertising for Cruise Line

4.5 Dec 29, 2025

EXL Media is always organized, proactive, and positive to work with. They’ve made our partnership seamless and easy. We communicate via virtual meetings, emails, and messaging apps.
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3 of 4 Media Planning & Buying reviews are 5 stars

1 new review for Media Planning & Buying in past 6 months

$200,000 – $999,999 avg. project cost

Media Planning & Buying PROJECT HIGHLIGHT

Media Planning & Buying Services for Real Estate Group
5.0 — EXL Media provides media planning and buying services for a real estate company. The team supports the client's media strategy, manages paid media accounts, optimizes campaigns, and offers Read more
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Industry Experience

EXL Media demonstrates strong expertise across various industries, notably non-profit, real estate, healthcare, entertainment, and hospitality. Clients commend their strategic media planning, campaign management, and ability to drive measurable results. In the non-profit sector, they excel at community engagement campaigns. In real estate, they optimize media budgets effectively. Overall, clients express high satisfaction, highlighting EXL Media's collaborative approach, in-depth industry knowledge, and adaptability, making them a suitable partner for organizations across diverse sectors.
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Transportation Real estate Healthcare Food & Beverages Agriculture Sports Financial services Arts, entertainment & music Non-profit Advertising & marketing Hospitality & leisure

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Average Project Cost Breakdown

$200,000 to $999,999 (7) $1,000,000 to $9,999,999 (5) $50,000 to $199,999 (3)

What Clients Have Said
Clients of EXL Media consistently praise the company's value for money, noting their ability to deliver effective media strategies within budget. For instance, one client mentioned spending between $1.7 million and $2 million while achieving satisfactory results. Another emphasized their competitive cost per lead in outdoor campaigns. Overall, feedback reflects a strong sentiment of satisfaction regarding the return on investment, with many clients feeling that EXL Media's expertise justifies their pricing.
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Hotspex Media

4.9 16 reviews

Premier Verified

$50,000+

$150 - $199 / hr

10 - 49

Serves Panama

Services provided

50% Media Planning & Buying

20% Pay Per Click

15% Social Media Marketing +2 services

10% Advertising

5% Marketing Strategy

Hotspex Media is a media planning and buying firm specializing in digital marketing and advertising strategy services. Reviews consistently highlight their responsive project management and expertise, with 100% of clients noting timely delivery and impressive insights. Clients appreciate their alignment with business values and successful campaign outcomes, enhancing return on investment and achieving project goals.

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Reviews mention Collaborative
Client feedback on Hotspex Media highlights a strong sentiment of collaboration. One client noted, 'Hotspex’s way of working makes us feel like they’re a natural extension of our agency,' emphasizing their engaging and open approach. Another stated, 'They listened to what we wanted and pushed us to build a quality platform together,' showcasing their commitment to partnership. Overall, clients appreciate Hotspex's proactive communication and integration, reinforcing their status as dependable collaborators.

Digital Marketing Support for Creative Agency

4.5 Jan 25, 2022

Our process is very collaborative — Hotspex is an expert in their field, but they remain open and engaging with our clients and us. This allows us to come up with solutions tailored to our clients’ needs. Like us, they’re also committed to finding success for our clients.
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Video Campaign for The Home Depot

5.0 Aug 30, 2021

It was the collaborative nature between Josh and Jonah. They listened to what we wanted and pushed us to build a quality platform together. They were great partners.
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Paid Digital Media for Marketing & Advertising Company

5.0 Sep 18, 2020

They always came to meetings with new ideas or options. They were incredible easy to work with and to collaborate with. Often our meetings would turn into amazing brainstorm sessions - this always made us bring forth the best ideas for our client.
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Centennial Recruitment Campaign for Advertising Agency

5.0 Apr 17, 2020

Hotspex works very closely to integrate their team with our team, providing visibility into their process to ensure we can coordinate and work together accordingly. They communicate both via email and phone calls, and are always available. They work around our schedules to ensure we have sufficient time to connect and work together before client presentations.
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Centennial Recruitment Campaign for Advertising Agency

5.0 Apr 17, 2020

Hotspex is very collaborative both with their agency partners and clients. They are always available, even on evenings and weekends, and look to provide support in any way they can. They are truly team players and feel like an extension of our agency team.
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2 of 2 Media Planning & Buying reviews are 5 stars

$50,000 – $199,999 avg. project cost

Media Planning & Buying PROJECT HIGHLIGHT

Digital Marketing & Ad Planning Services for PR Agency
5.0 — Hotspex Media provides marketing services for a PR agency's end clients. Their tasks include digital marketing and advertising planning, buying, and strategy for multiple accounts within the Read more
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Average Project Cost Breakdown

$200,000 to $999,999 (5) $50,000 to $199,999 (3)

What Clients Have Said
Clients consistently commend Hotspex Media for their exceptional value relative to cost. One marketing manager noted, "good value for cost" and highlighted their ability to stay on budget while delivering impactful results. Another client emphasized their responsiveness and ability to meet deadlines, stating, "they always make it work within our set budget." Overall sentiment reflects satisfaction with the company's pricing structure and the quality of service provided, reinforcing Hotspex Media as a favorable choice for digital marketing needs.
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Canada (12) United States (4)

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MedIAtegy

Not yet reviewed

$10,000+

$50 - $99 / hr

2 - 9

Panama City, Panama

Services provided

65% Media Planning & Buying

10% Direct Marketing

10% Marketing Strategy +2 services

10% Public Relations

5% Advertising

MedIAtegy, a media planning & buying company, was established in 2024. The team focuses on Media Planning & Buying and Public Relations.
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Leer Consultores

Not yet reviewed

$1,000+

$50 - $99 / hr

2 - 9

Panamá, Panama

Services provided

10% Media Planning & Buying

60% Public Relations

10% Event Management +3 services

10% Event Marketing

5% Corporate Photography

5% Video Production

PR agency Leer Consultores was founded in 2008. In Santo Domingo, Costa Rica and Panamá, Panama, the team focuses on Public Relations and Event Marketing.
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Panamá, Panama

Calle 74, PH The Regent
Panamá, Panama 07099
2 - 5

+50568973746

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Q Publicidad

Not yet reviewed

Undisclosed

Undisclosed

50 - 249

Panama City, Panama

Services provided

15% Media Planning & Buying

15% Advertising

15% Branding +4 services

15% Direct Marketing

15% UX/UI Design

15% Video Production

10% Event Marketing

Midsize Advertising company Q Publicidad, is in Panama City, Panama. The team specializes in Advertising and UX/UI Design.
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Independiente Panamá

Not yet reviewed

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Services provided

15% Media Planning & Buying

15% Advertising

15% Market Research +4 services

15% Marketing Strategy

15% Mobile App Development

15% Web Design

10% Graphic Design

Advertising company Independiente Panamá is in Panamá, Panama. Founded in 2014, the team specializes in Advertising and Marketing Strategy.
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Herbug Advertising & Print

Not yet reviewed

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Services provided

20% Media Planning & Buying

20% Branding

20% Digital Strategy +2 services

20% Graphic Design

20% Print Design

Branding firm Herbug Advertising & Print is based in Panamá, Panama. They provide Branding and Digital Strategy.
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Mod Op

Not yet reviewed

Undisclosed

Undisclosed

50 - 249

Panamá, Panama

Services provided

10% Media Planning & Buying

10% Advertising

10% Branding +7 services

10% Digital Strategy

10% Market Research

10% Marketing Strategy

10% Other Digital Marketing

10% Public Relations

10% Search Engine Optimization

10% Social Media Marketing

Mod Op is a midsize Miami, Florida-based Advertising company. The team offers Advertising and Branding.
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Panamá, Panama

Obarrio, Avenida Samuel Lewis, Calle 60 E Edif. Fortune Plaza Piso 24
Panamá, Panama 32401
10 - 15

+507 394-8855

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Brand's Solutions

Not yet reviewed

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Services provided

10% Media Planning & Buying

10% Advertising

10% Branding +7 services

10% Direct Marketing

10% Email Marketing

10% Event Marketing

10% Graphic Design

10% Logo

10% Market Research

10% Marketing Strategy

Brand's Solutions, a small Advertising company, is based in Panamá, Panama. The team specializes in Advertising and Branding.
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Market Leaders

Emerging

Niche

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A Clutch Leaders Matrix provides a broad view of the top-performing companies in a particular service or location. Each company featured in a Leaders Matrix is evaluated based on Focus and Ability to Deliver. The size of each circle indicates that company’s size.

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Focus (x-axis)

Focus accounts for a company’s specialization within a certain service.

Ability to Deliver (y-axis)

Ability to Deliver considers three criteria:

Client feedback and reviews
Work experience and previous projects
Market presence and reputation in the industry

List of the Top Panama Media Buying and Planning Companies

MedIAtegy

$10,000+

$50 - $99 / hr

2 - 9

Panama City, Panama

Ability to deliver

3.7/40.0

0/20 Reviews

0/10 Clients & Experience

3.7/10 Market Presence

Service focus

65% Media Planning & Buying

35% Other

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Leer Consultores

$1,000+

$50 - $99 / hr

2 - 9

Panamá, Panama

Ability to deliver

3/40.0

0/20 Reviews

0/10 Clients & Experience

3/10 Market Presence

Service focus

10% Media Planning & Buying

90% Other

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Q Publicidad

Undisclosed

Undisclosed

50 - 249

Panama City, Panama

Ability to deliver

0/40.0

0/20 Reviews

0/10 Clients & Experience

0/10 Market Presence

Service focus

15% Media Planning & Buying

85% Other

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Independiente Panamá

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Ability to deliver

0/40.0

0/20 Reviews

0/10 Clients & Experience

0/10 Market Presence

Service focus

15% Media Planning & Buying

85% Other

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Herbug Advertising & Print

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Ability to deliver

0/40.0

0/20 Reviews

0/10 Clients & Experience

0/10 Market Presence

Service focus

20% Media Planning & Buying

80% Other

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Mod Op

Undisclosed

Undisclosed

50 - 249

Panamá, Panama

Ability to deliver

4.2/40.0

0/20 Reviews

0/10 Clients & Experience

4.2/10 Market Presence

Service focus

10% Media Planning & Buying

90% Other

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Brand's Solutions

Undisclosed

Undisclosed

2 - 9

Panamá, Panama

Ability to deliver

0/40.0

0/20 Reviews

0/10 Clients & Experience

0/10 Market Presence

Service focus

10% Media Planning & Buying

90% Other

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Top Media Buying Agencies in Panama

List of the Top Panama Media Buying and Planning Companies

Reviews mention Personable

Web Design & Branding for Medical Billing Company

Lead Gen Marketing Strategy for Coworking Spaces Provider

Industry Experience

Select Industry to see insights

Reviews mention Proactive

SEO & Marketing for Wine & Spirits Company

Marketing & Advertising for Health Care Company

SEO & Digital Marketing for Senior Living Community

Digital & Print Media Buying & Advertising for Cruise Line

Media Planning & Buying Services for Real Estate Group

Industry Experience

Select Industry to see insights

Average Project Cost Breakdown

What Clients Have Said

Reviews mention Collaborative

Digital Marketing Support for Creative Agency

Video Campaign for The Home Depot

Paid Digital Media for Marketing & Advertising Company

Centennial Recruitment Campaign for Advertising Agency

Centennial Recruitment Campaign for Advertising Agency

Digital Marketing & Ad Planning Services for PR Agency

Average Project Cost Breakdown

What Clients Have Said

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List of the Top Panama Media Buying and Planning Companies

Similar Categories

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