The Hispanic market in the U.S. is growing at an impressive rate. The U.S. Census reports that Hispanics are the fastest-growing demographic segment in the U.S . By 2050 Hispanics will account for 30% of the nation’s population. It’s no wonder that companies are putting a significant amount of their budgets towards engaging them in a meaningful way. Companies like Old Navy with their interactive Telenovas, T-Mobile and Lowe’s are all examples of big brands looking to reach the Hispanic population in the U.S.
Here are some tips for marketers looking to reach this growing segment:
Hispanics are mobile savvy. 44.7% of U.S. Hispanics use smart phones compared to 31.9% of the non-Hispanic population. And, surveys show that Hispanics are quite receptive to marketing messages if they are done right. According to a consumer survey published in Ad Age, 42% of Hispanics said they are more loyal towards companies that show appreciation for the culture by advertising in Spanish. During the 2010 World Cup, the iPhone World Cup app published by Hispanic network, Univision became the 13th most popular free application in the U.S. If you want to reach Hispanics, go mobile.
Hispanics come from 20 diverse countries. READ MORE
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