You started your business with electric enthusiasm but feel yourself pulling back more and more lately. You feel conflicted. The passion that ignited days of hard work is still there because you do believe in your brand and what it stands for. You believe in what you created but can’t help but feel purposeless and de-motivated each time you glance at those dreaded statistics.
Has your brand been struggling to successfully reach the multicultural market? Have all your recent attempts fallen flat and left you in a bit of a marketing rut?
It’s ironic that in a community as diverse as the United States, we—or rather, our business sector—has still not learned how they should market their product or service to a minority correctly!
America is changing. And with it, our advertising strategies for appealing to the diverse society we live in.
Considering that the Hispanic population is the largest minority in the US, with a consumer expenditure rate that sits comfortably in the trillions, it’s important to know the best ways to market to such a potentially lucrative crowd, especially if your business has a multicultural target audience.
When it comes to marketing to a multicultural demographic, language isn’t the only barrier that hinders the effectiveness of a good advertising strategy!
With buying power that exceeds $1 trillion and a population growth that makes up for a large proportion of the entire population, Hispanics are a formidable force.