target marketing: hispanics in the us part 1 of 3
TRANSCRIPT
TARGETMARKETING:
HISPANICS IN THE USA look at how to market to the Hispanic population in
the US. From statistics to trends for this new year, marketers can better understand this demographic
and learn how to market to them efficiently.
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Table of Contents:Page Title: Page Number:Demographics 3Statistics 13Market Overview 21Facts 44Things to Avoid 57How to 65Marketing Best Practices 86Hispanic Generational Marketing 97Hispanic Gender Marketing 110Growth Sectors 126Trends 150Work Cited 165
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Demographics:$45,150 is the Median household income
14.8% of Hispanics aged 25 or more have a bachelors degree
15.2 million, the largest Hispanic population in California
17.6% of the total population in 2015 was Hispanic
20% of millennials are Hispanic
Compiled by Author from: census.gov & factfinder.gov & socialcode.com
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Age Distribution in 2015:
Overall Hispanic Populatio
n Age Distributi
on:
Under 5:
5,143,540
5 to 13: 9,187,5
95
14 to 17:
3,819,046
18 to 24:
6,680,740
25 to 44:
17,159,007
45 to 64:
10,829,940
65 and Over:
3,772,925
Compiled by Author from: census.gov & factfinder.gov
Overall Median
Age:29
5
Language:
28%
31%
41%
Language at Home:
Spanish English Bilingual
Compiled by Author from: thinkwithgoogle.com
16%
52%
32%
Language Online:
Spanish English Bilingual
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Origin Distribution 2015:
63%10%
4%
4%3%
2%
14%
Hispanic Origin in the US:
Mexican Puerto Rican Salvadoran Cuban Dominican Guatemalan Other
Compiled by Author from: census.gov
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State Population:
Arizona
California
Colorado Florida
Illinois New Jersey
New Mexico
New York
TexasCompiled by Author from: census.gov
States with Hispanic Populations of more than 1 million:
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Advertisement Statistics:
41% feel more favorable about a brand that aims to be culturally relevant
80% prefer ads that incorporate Spanish messaging
88% pay attention to ads when it includes aspects of Hispanic culture, regardless of language
93% of Hispanics act on ads they recall seeing such as performing a search, visiting a website, or making a purchase
Compiled by Author from: socialcode.com & thinkwithgoogle.com & nielsen.com
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Digital Media Statistics:
200% increase in the number of Spanish keyword searches across key categories, such as auto,
food, beauty, and others
54% of consumers use
the internet when gathering
information about a purchase
56.7% of Hispanics
smartphone owners have
Androids
61% use search engines on a
tablet or smartphone for local shopping
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print & nielsen.com & thinkwithgoogle.com
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Facebook Statistics:
71% of Hispanics use Facebook to connect with loved ones every day
89% of Hispanic Millennials use social networking sites
95% of Hispanics on Facebook login from their phones
Compiled by Author from: socialcode.com & nielsen.com
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Traditional Media Statistics:$7.83 billion
US Hispanic major-media
spending on TV, cable,
newspaper,
magazines and radio
13 hours and 15
minutes they spent
listening to radio
each week
16.3% of Hispanic
s can only be reached on TV
34% of consume
rs use television when
gathering
information
about a purchas
e
36% Growth
in Latino unique viewers on Hulu
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print & socialcode.com & thinkwithgoogle.com
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Consumer Expenditures 2013:
Housing36.60%
Apparel4.60%
Trans-portation18.20%
Enter-tainment
3.90%
Personal Care
Products1.20%
Health Care4.60%
Other13.90%
Food at Home9.60%
Food Away from Home
6.50%
Alcoholic Beverages
0.90%
Consumer Expenditures in 2013:
Compiled by Author from: adage,com
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Consumer Purchasing Power:
2010
2012
2015
2017
0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8
1
1.2
1.5
1.7
Purchasing Power in Trillions of Dollars:
Compiled by Author from: statista.com
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Discretionary Spending by City:
Most Hispanic Discretionary Spending by City:
Los Angel
esNew York Miami Houst
onSan
Antonio
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Discretionary Spending by Region:
South
$85.73
Billion
West
$79.39
Billion
Northeast$30.3
5 Billion
Midwest
$18.61
Billion
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Hispanic Media Agencies and Groups:
TapestryMEC
Multicultural
MV42ZO
Multicultural
OMD Multicult
ural
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Internet Usage:
2014 2015 2016 2017 202064%66%68%70%72%74%76%78%80%82%84%
71.00%
74.20%
76.50%
79.00%
81.90%
Internet Usage Penetration:
Compiled by Author from: statista.com
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Language Preferences by Medium:
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
Listening to Radio:
Only in EnglishMostly English but Some Span-ishMostly Spanish but Some Eng-lishOnly in SpanishOther Language
Reading:
Only in EnglishMostly English but Some Span-ishMostly Spanish but Some Eng-lishOnly in SpanishOther Language
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Language Preferences by Medium:
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
Watching TV:
Only in EnglishMostly English but Some Span-ishMostly Spanish but Some Eng-lishOnly in SpanishOther Language
When Online:
Only in EnglishMostly English but Some Span-ishMostly Spanish but Some Eng-lishOnly in SpanishOther Language
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Largest Hispanic Agencies:
EventusLopez Negrete Communicatio
nsConill Alma
Bravo Group Latin Works Dieste Grupo Gallegos
GlobalHue Casanova//McCann
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Largest Hispanic Websites:Univision Digital
Terra- Telefonica
Prisa
EHowEnEspanol.com
Batanga Media SitesCompiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Largest Marketers by Hispanic Medium:
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
Advertisers on Websites:
Verizon Communications
Kellogg Co.
AT&T
Nissan Motor Co.
Charter Communications
Broadcast & Cable Network TV:
Genomma Lab International
Procter & Gamble Co.
Dish Network Corp.Deutsche Telekom (T-
Mobile)AT&T
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Largest Marketers by Hispanic Medium:
Magazine:L'Oréal Procter &
Gamble Co.Johnson & JohnsonMars
IncGrupo Televisa
Newspaper:
Target Corp.
Sears Holding Corp.Macy
’s Kohl’s Corp.
Academy Sports & Outdoor Stores
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Largest Marketers by Hispanic Medium:
Spot Radio:SoftBank Group (Sprint
Corp.)Deutsche Telekom (T-
Mobile)AT&T
Univision Holdings
Verizon Communications
Spot TV:Charter
CommunicationsNissan Motor Co.
Comcast Corp.
AT&T
Ford Motor Co.
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Media Ad Spending:
Network TV
Spot TV
Cable TV
Newspaper
Magazine
Other Print
Sport Radio
$0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000
$4,625
$1,281
$288
$787
$378
$48
$425
Hispanic Major Media Ad Spending in 2015 by Medium:
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Media Ad Spending:
59%16%
4%
10%
5%1% 5%
Percent of Total of Media Ad Spending:
Network TVSpot TVCable TVNews-paperMagazineOther Print
Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
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Work Cited:• "15 Stats Digital Marketers Should Know About Hispanic Consumers | Blog." SocialCode. N.p., 15 June 2016.
Web. 09 Feb. 2017. <http://socialcode.com/thought-leadership/blog/insights-brief-15-stats-digital-marketers-know-hispanic-consumers/>.
• "American FactFinder - Results." U.S. Census Bureau. N.p., n.d. Web. 09 Feb. 2017. <https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk>.
• Bueno, Brian. "The Growing Hispanic Population Means Big Business for These Seven Sectors." AHAA.org. IBIS World, Aug. 2011. Web. 23 Feb. 2017. <http://www.ahaa.org/Portals/0/Research/The%20Hispanic%20Consumer/Power,%20Influence%20&%20Behavior/The%20Growing%20Hispanic%20Population%202011.pdf>. Online PDF
• Bureau, US Census. "FFF: Hispanic Heritage Month 2016." US Census Bureau. N.p., 12 Oct. 2016. Web. 09 Feb. 2017. <http://www.census.gov/newsroom/facts-for-features/2016/cb16-ff16.html>.
• "Captura Group." Hispanic Online Marketing. N.p., n.d. Web. 22 Feb. 2017. <http://www.hispaniconlinemarketing.com/2016/12/hispanic-digital-predictions-for-2017/>.
• Deesing, Jonathan. "How to Effectively Market to the Growing US Hispanic Market." MarketingProfs. N.p., 29 July 2015. Web. 22 Feb. 2017. <http://www.marketingprofs.com/articles/2015/28151/how-to-effectively-market-to-the-growing-us-hispanic-market>.
• "Five Insights For Reaching Hispanic Consumers In 2016." N.p., 8 Dec. 2015. Web. 22 Feb. 2017. <http://www.mediapost.com/publications/article/264267/five-insights-for-reaching-hispanic-consumers-in-2.html>.
• Goffan, Havi. "Uncovered Facts About Online Hispanic Women and their Media Usage ." Target Latino. N.p., 18 May 2015. Web. 23 Feb. 2017. <http://hispanic-marketing.com/facts-online-hispanic-women-media-usage/>.
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Work Cited:• "Hispanic Influence Reaches New Heights in the U.S." Hispanic Influence Reaches New Heights in the U.S. N.p.,
n.d. Web. 09 Feb. 2017. <http://www.nielsen.com/us/en/insights/news/2016/hispanic-influence-reaches-new-heights-in-the-us.html>.
• "Hispanic Marketing Predictions For 2017." Mediapost. N.p., 22 Dec. 2016. Web. 23 Feb. 2017. <http://www.mediapost.com/publications/article/291663/hispanic-marketing-predictions-for-2017.html>.
• "Hispanic Millennials: Top 5 Insights and Strategies." Latinum Network. N.p., 11 Dec. 2015. Web. 23 Feb. 2017. <http://www.latinumnetwork.com/hispanic-millennials-marketing-insights3/>.
• "Hispanics, Transforming the Consumer Landscape." Hispanics, Transforming the Consumer Landscape. N.p., n.d. Web. 09 Feb. 2017. <http://www.nielsen.com/us/en/insights/news/2016/hispanics-transforming-the-consumer-landscape.html>.
• "Hispanic TV consumption down, smartphone apps&web use way up." NScreenMedia. N.p., 29 July 2015. Web. 09 Feb. 2017. <http://www.nscreenmedia.com/hispanic-tv-consumption-down-smartphone-user-way-up/>.
• "Is Big Data Missing The Big Picture: The Hispanic Market." MediaPost. N.p., 2 Feb. 2017. Web. 09 Feb. 2017. <http://www.mediapost.com/publications/article/294243/is-big-data-missing-the-big-picture-the-hispanic.html>.
• Magazine, Advertising Age. Advertising Age supplement Hispanic Fact Pack. 13th ed. N.p.: Advertising Age, 2016. Print
• "Marketing to Hispanics Online - The Statistics." 360 Content Pro. N.p., 01 May 2016. Web. 09 Feb. 2017. <http://360contentpro.com/marketing-to-hispanics/>.
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Work Cited:• "Multicultural Consumers by the Numbers: From Shopping to Tweeting." Advertising Age News
RSS. N.p., 06 Apr. 2015. Web. 09 Feb. 2017. <http://adage.com/article/news/multicultural-consumers-numbers/297869/>.
• "New Research Shows How to Connect With U.S. Hispanics Online." Think with Google. N.p., n.d. Web. 22 Feb. 2017. <https://www.thinkwithgoogle.com/articles/new-research-shows-how-to-connect-with-digital-hispanics-online.html>.
• Peng, Daven, and Lodovica Biagi. "• Statista - The Statistics Portal for Market Data, Market Research and Market Studies." • Statista - The Statistics Portal for Market Data, Market Research and Market Studies. N.p., n.d. Web. 09 Feb. 2017. <http://www.statista.com/>.
• Sergio Restrepo, VP Global Digital Marketing Services, Lionbridge. "10 Best Practices For Marketing to Hispanic Consumers." The Translation and Localization Blog. N.p., 22 Nov. 2016. Web. 22 Feb. 2017. <http://content.lionbridge.com/10-best-practices-for-marketing-to-hispanic-consumers/>.
• "What You Need To Know About Marketing To Hispanic Consumers." Markdebrand. N.p., 04 Oct. 2016. Web. 22 Feb. 2017. <http://markdebrand.com/marketing-hispanic-consumers/>.
• "Why Brands Still Don't Have A True Hispanic Marketing Strategy." MediaPost. N.p., 29 Dec. 2016. Web. 09 Feb. 2017. <http://www.mediapost.com/publications/article/292005/why-brands-still-dont-have-a-true-hispanic-market.html>.
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