ImpreMedia
is proud to bring you En Breve, your intelligence brief
on the US Hispanic market and media. ImpreMedia is the
parent company of El Diario La Prensa, El Mensajero, La Opinión,
La Prensa and La Raza, the leading Spanish-language
newspapers.
In this issue, read about:
Census
Estimates 43 Million Hispanics in the US in 2005
One third of U.S. residents was non-Hispanic white according to
national estimates by race, Hispanic origin and age from the U.S.
Census Bureau. In 2005, the nation's minority population represented
98 million, or 33 percent of the country's total population. Hispanics
represent the fastest-growing group and continue to be the largest
minority group at 42.7 million, with a 3.3 percent increase in
population from July 1, 2004, to July 1, 2005.
Source:
"Nations
Population One-Third Minority", Census Bureau, May 10,
2006 Press Release
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3rd
Annual Cosmeceuticals Conference (SRI), June 8-9,
New York
With
currently over 100 industry leaders in attendance,
such as Clinique, MAC Cosmetics, Pfizer, Clinical
Research Laboratories, and more, this years
forum will feature experts specializing in formulation,
patents, retail channels, anti-aging and beauty, novel
ingredients, and delivery systems.
For more information, go to www.srinstitute.com/CG142
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Unilever's
New Study: "Winning the Hispanic Shopping Trip"
The Unilever Hispanic Shopping Trip Study shows that
Hispanic consumers are less satisfied with their shopping experiences
than the general market consumers according to Michael Polk, President,
Unilever United States. Unilever's new shopper study examined
the actual Hispanic shopper's activities, reviewing more than
3,600 diaries and store receipts from 799 participants in four
of the largest Hispanic markets in the U.S. - Houston, Los Angeles,
Miami and New York.
Source: "Unilever's
Hispanic Market Study Uncovers New Shopper Insights Into the Nation's
Fastest Growing Consumer Group", Hispanic Business, May
2006
Online
Hispanics To Reach 20 Million By 2010
The new eMarketer report, titled "Hispanic Youth Online:
Language and Culture Define Usage", indicates that Hispanics
online will increase from 15.7 million Hispanics in 2005 to 20.9
million by 2010. According to the online market research company,
58 percent of Hispanic Web users are under 35 years old. Young
people 24 and under represent 35 percent of all Hispanic online
users
For an overview of this report, go to the eMarketer
website.
Source: "eMarketer:
Hispanics Online Will Pass 20 Mil.", MediaWeek, April
2006
The
Year of Ethnic Media?
With minority markets accounting for almost a third of U.S. buying
power, advertisers are looking seriously at ethnic audiences.
It makes business sense to no longer ignore those niche markets.
Spanish-language media are getting the most attention with over
280 million Hispanics, a bigger market than Canada. Spanish-language
media accounted for just 4% of the $106.5 billion advertisers
spent on TV, local newspapers and national magazines in 2005.
New investments are moving into print to serve immigrants, making
it more competitive and professional.
Source: "Media
tune in to ethnic audiences", USA Today, April 2006
7th
Annual Hispanic Boom & Profitable Customer Relationship Strategies,
June 14-15, 2006, Wilshire Grand, Los Angeles, CA
Over
the last seven years, many blue chip companies have attended this
event and shared case studies and strategies that deliver results.
Join us for a targeted conference featuring best practices, new techniques
and strategies to optimize your ROI in the growing Hispanic markets.
For
more information visit www.srinstitute.com/CM461 |
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How
to Build the Best Hispanic Marketing Talent?
As most savvy marketers try to reach the Hispanic market, the
discussion over why marketers are doing such a poor job at targeting
this group is just beginning. When companies want to market to
a multicultural audience, experts agree that someone immersed
in the Hispanic culture can have more insight. Multicultural professionals
agree that their staff may not be Hispanic or speak Spanish however
they need to understand the Hispanic marketplace.
Source: "Does
It Take a Latino to Market to One?", CMO Magazine, March
2006
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Los Angeles, CA 90017.
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