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Target Marketing: Hispanics in the US Part 1 of 3

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Target Marketing: Hispanics in the US Part 1 of 3

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This SlideShares discusses how to correctly market to Hispanics in the US. In this first section there's information about demographics, statistics and a market overview. This part can help marketers become more informed about this growing demographic.

This SlideShares discusses how to correctly market to Hispanics in the US. In this first section there's information about demographics, statistics and a market overview. This part can help marketers become more informed about this growing demographic.

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Target Marketing: Hispanics in the US Part 1 of 3

  1. 1. A 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. 1
  2. 2. Table of Contents: PageTitle: Page Number: Demographics 3 Statistics 13 Market Overview 21 Facts 44 Things to Avoid 57 How to 65 Marketing Best Practices 86 Hispanic Generational Marketing 97 Hispanic Gender Marketing 110 Growth Sectors 126 Trends 150 Work Cited 165 2
  3. 3. 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 3 Compiled by Author from: census.gov & factfinder.gov & socialcode.com
  4. 4. Age Distribution in 2015: Overall Hispanic Population Age Distribution: Under 5: 5,143,540 5 to 13: 9,187,595 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 4 Compiled by Author from: census.gov & factfinder.gov Overall Median Age: 29
  5. 5. Language: 28% 31% 41% Language at Home: Spanish English Bilingual 5 Compiled by Author from: thinkwithgoogle.com 16% 52% 32% Language Online: Spanish English Bilingual
  6. 6. Origin Distribution 2015: 63%10% 4% 4% 3% 2% 14% Hispanic Origin in the US: Mexican Puerto Rican Salvadoran Cuban Dominican Guatemalan Other 6 Compiled by Author from: census.gov
  7. 7. State Population: Arizona California Colorado Florida Illinois New Jersey New Mexico NewYork Texas 7 Compiled by Author from: census.gov States with Hispanic Populations of more than 1 million:
  8. 8. 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 8 Compiled by Author from: socialcode.com & thinkwithgoogle.com & nielsen.com
  9. 9. 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 9 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print & nielsen.com & thinkwithgoogle.com
  10. 10. 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 10 Compiled by Author from: socialcode.com & nielsen.com
  11. 11. Traditional Media Statistics: $7.83 billion US Hispanic major- media spending onTV, cable, newspaper, magazines and radio 13 hours and 15 minutes they spent listening to radio each week 16.3% of Hispanics can only be reached on TV 34% of consumers use television when gathering information about a purchase 36% Growth in Latino unique viewers on Hulu 11 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print & socialcode.com & thinkwithgoogle.com
  12. 12. Consumer Expenditures 2013: Housing 36.60% Apparel 4.60% Transportation 18.20% Entertainment 3.90% Personal Care Products 1.20% Health Care 4.60% Other 13.90% Food at Home 9.60% Food Away from Home 6.50% Alcoholic Beverages 0.90% Consumer Expenditures in 2013: 12 Compiled by Author from: adage,com
  13. 13. Consumer Purchasing Power: 1 1.2 1.5 1.7 0 0.2 0.4 0.6 0.8 1 1.2 1.4 1.6 1.8 2010 2012 2015 2017 Purchasing Power inTrillions of Dollars: 13 Compiled by Author from: statista.com
  14. 14. Discretionary Spending by City: Most Hispanic Discretionary Spending by City: Los Angeles New York Miami Houston San Antonio 14 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  15. 15. Discretionary Spending by Region: South $85.73 Billion West $79.39 Billion Northeast $30.35 Billion Midwest $18.61 Billion 15 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  16. 16. Hispanic Media Agencies and Groups: Tapestry MEC Multicultural MV42 ZO Multicultural OMD Multicultural 16
  17. 17. Internet Usage: 71% 74.20% 76.50% 79% 81.90% 64% 66% 68% 70% 72% 74% 76% 78% 80% 82% 84% 2014 2015 2016 2017 2020 INTERNET USAGE PENETRATION: 17 Compiled by Author from: statista.com
  18. 18. Language Preferences by Medium: 18 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print Listening to Radio: Only in English Mostly English but Some Spanish Mostly Spanish but Some English Only in Spanish Other Language Reading: Only in English Mostly English but Some Spanish Mostly Spanish but Some English Only in Spanish Other Language
  19. 19. Language Preferences by Medium: 19 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print Watching TV: Only in English Mostly English but Some Spanish Mostly Spanish but Some English Only in Spanish Other Language When Online: Only in English Mostly English but Some Spanish Mostly Spanish but Some English Only in Spanish Other Language
  20. 20. Largest Hispanic Agencies: Eventus Lopez Negrete Communications Conill Alma Bravo Group Latin Works Dieste Grupo Gallegos GlobalHue Casanova//McCann 20 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  21. 21. Largest HispanicWebsites: Univision Digital Terra-Telefonica Prisa EHowEnEspanol.com Batanga Media Sites 21 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  22. 22. Largest Marketers by Hispanic Medium: 22 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 NetworkTV: Genomma Lab International Procter & Gamble Co. Dish Network Corp. DeutscheTelekom (T-Mobile) AT&T
  23. 23. Largest Marketers by Hispanic Medium: Magazine: L'Oréal Procter & Gamble Co. Johnson & Johnson Mars Inc GrupoTelevisa Newspaper: Target Corp. Sears Holding Corp. Macy’s Kohl’s Corp. Academy Sports & Outdoor Stores 23 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  24. 24. Largest Marketers by Hispanic Medium: Spot Radio: SoftBank Group (Sprint Corp.) DeutscheTelekom (T-Mobile) AT&T Univision Holdings Verizon Communications SpotTV: Charter Communications Nissan Motor Co. Comcast Corp. AT&T Ford Motor Co. 24 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  25. 25. Media Ad Spending: $4,625 $1,281 $288 $787 $378 $48 $425 $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 NETWORK TV SPOT TV CABLE TV NEWSPAPER MAGAZINE OTHER PRINT SPORT RADIO Hispanic Major Media Ad Spending in 2015 by Medium: 25 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  26. 26. Media Ad Spending: 59% 16% 4% 10% 5% 1% 5% PERCENT OF TOTAL OF MEDIA AD SPENDING: Network TV Spot TV Cable TV Newspaper Magazine Other Print Sport Radio 26 Compiled by Author from: Advertising Age supplement Hispanic Fact Pack- Print
  27. 27. 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 forThese Seven Sectors." AHAA.org. IBISWorld, 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/>. 27
  28. 28. Work Cited: • "Hispanic Influence Reaches New Heights in the U.S." Hispanic Influence Reaches New Heights in theU.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 theConsumer Landscape. N.p., n.d.Web. 09 Feb. 2017. <http://www.nielsen.com/us/en/insights/news/2016/hispanics-transforming-the-consumer-landscape.html>. • "HispanicTV 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 MissingThe 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, AdvertisingAge. Advertising Age supplement Hispanic Fact Pack. 13th ed. N.p.: AdvertisingAge, 2016. Print • "Marketing to HispanicsOnline -The Statistics." 360 Content Pro. N.p., 01 May 2016. Web. 09 Feb. 2017. <http://360contentpro.com/marketing-to-hispanics/>. 28
  29. 29. Work Cited: • "Multicultural Consumers by the Numbers: From Shopping toTweeting." 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." TheTranslation and Localization Blog. N.p., 22 Nov. 2016. Web. 22 Feb. 2017. <http://content.lionbridge.com/10-best-practices-for-marketing-to-hispanic-consumers/>. • "WhatYou NeedTo 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 ATrue 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>. 29
  30. 30. Contact Us for the Full Presentation: Mediacontact USA Inc. 13575 58TH Street North #160 Clearwater, Fl. 33760 T: 727 538 4112 E: contact@mcusa.co www.mediacontactusa.com

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