Hispanic buying power is concentrated in markets such as Texas, New Mexico, Florida, Nevada, New York, and New Jersey. Even though the market spans over vast geographical regions, it has maintained certain common consumer preferences. These preferences have been noted in various industries, including the burgeoning food industry.
We spend a huge chunk of our day scrolling through social media, consuming content that’s largely part of the current marketing trends. These marketing trends have evolved over time and grown into an industry of their own. From targeted marketing, to influencer marketing and now affiliate marketing, the past few decades have seen a drastic change in how companies market themselves, the kind of brand image they put forward and the products and services they come up with.
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.