There are many ways to market to US-born Latinos. Since there is a wide variety of lifestyles and culture among Latinos, it can sometimes be hard to choose the right way to market to them. However, with a few key factors, marketing to US-born Latinos effectively does not have to be an incomprehensible task.
Many Latinos in the Hispanic market are bilingual. Spanish and English are interchangeable in many Latino homes. One easy way to utilize the Hispanic market is to promote marketing campaigns that have English and Spanish words attached. Alternatively marketing strategies can be composed of either English or Spanish, but to reach the Hispanic market most effectively it is wise to use both forms of language and writing.
Marketing to US-born Latinos is different than marketing to the Latinos born elsewhere in the world. Acculturation is a big occurrence for Latinos in the United States. Many of the cultural practices and traditions from other countries mix and meld into the traditions and practices of the United States. What this means is that Latinos are not strictly Latino or American, but a unique melding of both cultures. Marketing for this group of people must reflect melding of cultures. Some Latinos have completely aligned with American culture, while others prefer to celebrate their own cultural heritage. It is important to study each city where marketing is to be done to know what practices and beliefs the Latinos have in that city.
Latino Population Growth and Market Profiles for the Hispanic Market
The number of Latinos in the United States is a constantly growing number. Some analysts have projected that in just a few years the Latino population will have the majority of people in the United States. This means that marketing to Latinos is very important. Without Hispanic society backing a product or business, it will have a hard time remaining popular and successful.
There are several different market profiles for the Hispanic market. There are US-born Latinos who live in close relation to non-citizens. These people stick closer to the culture of Mexico rather than what happens in the United States. There is another group of Latinos who have lived in the United States for generations. These people are more concerned with cultural practices of the United States. Then there are the Latinos who fall somewhere in the middle. Each of these groups is important to any marketing plan.
Some large cities that have a large number of Hispanic people are: New York, Boston, Detroit, San Antonio, and Chicago. The number of Latinos in these areas equal up to one in five people. That is a very large segment for marketing potential. Industries that are growing among Hispanics are: hotels, automotive, clothing, car rental, credit cards, supermarkets, fitness, health and life insurance, hair care, and many others.
The future for Hispanics is very bright. As the population continues to grow, they will have more and more impact on marketing and products that are created. Soon Hispanics will have more marketing impact than any single other market group.
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