The U'S' Hispanic Market - PowerPoint PPT Presentation

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The U'S' Hispanic Market

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The U.S. is the 5th largest Spanish-speaking country in the world. 55% are bilingual. ... 48% prefer Spanish-language magazines and newspapers. ... – PowerPoint PPT presentation

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Title: The U'S' Hispanic Market


1
The U.S. Hispanic Market
2
Housekeeping
  • Schedule (April)
  • 7 The Burning Question Review
  • 9 Exam
  • 11 African-American Market
  • 14 Asian-American Market/Final instructions
  • 16 Internet and International Advertising
  • 18, 21 and 23 Group presentations (Final project
    is due 4/23).

3
The Burning Question
  • Is multiculturalism a market-forced idea or is it
    a real phenomenon happening in the US?
  • What is multiculturalism?
  • What is market-forced?
  • What is a real phenomenon?
  • What is the main message of
  • Shelby Steeles article?
  • Marye Tharps book?

4
Origins of U.S. Latinos
  • Different countries-of-origin are source of
    differing political, cultural and historical
    traditions.
  • 63 are of Mexican heritage.
  • 11 are of Puerto Rican heritage.
  • 4 are of Cuban heritage.
  • 14 are from Central and South America.

5
Language and Acculturation
  • The U.S. is the 5th largest Spanish-speaking
    country in the world.
  • 55 are bilingual.
  • 25 speak only Spanish.
  • 20 speak only English.
  • 75 of Hispanics speak a language other than
    English at home.

6
Hispanic Media Usage
  • 83 watch Spanish-language TV.
  • 79 listen to Spanish-language radio.
  • 48 prefer Spanish-language magazines and
    newspapers.
  • Knowledge of media habits and preferences in
    particular U.S. markets is essential.
  • First language learned strongly influences the
    preference of language in media.

7
Other Media Information
  • Spanish-dominant Hispanics with limited literacy
    skills find billboards and radio accessible.
  • In 1998 over 15 of Latino households were online
    and were purchasing computers at twice the rate
    of the overall population.
  • Some call the Internet, the ultimate border-less
    Hispanic market.

8
Insights for Marketers
  • Never underestimate the symbolic value of Spanish
    usage.
  • The idea of a typical physical type of U.S.
    Latino is a myth cultural values rather than
    race are at the heart.
  • Consumption is a result of ADAPTATION, not
    acculturation into mainstream.
  • Idea of heavy brand loyalty is slipping.
  • Capture attention by inclusion of Hispanic
    celebrities at ethnic events and community
    involvement as part of IMC planning.
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