
|
Hispanic Marketing
The $653
Billion Market of Hispanic Consumers Is Worth Talking About
What was a $580 billion market in 2002 has jumped another $73 billion in
just a year, giving Hispanic Americans a buying power of a whopping $653
billion in 2003. Advertisers may have been spending their time in the past year
considering how and when to reach these consumers, while Hispanic
consumers are busy making and spending more money. The time to reach
them is now. The latest census figures
indicate Hispanics are the fastest-growing group in the country.
Thirteen percent of the population is Hispanic, making Spanish-speaking
people the largest minority with roughly 35 million people. The Strategy
Research Corporation says that is expected to grow to 24 percent by 2050.
DM Productions LLC has
tremendous marketing research from several well known sources that can
help to design a marketing strategy and tailor a solution for your
company to address Hispanic consumers.
Contact Doug Collins for
additional details at 775.825.1727 or by
email. |

5Hispanic
Special Events & Sports Events
DM
Productions LLC has done a number of special events
including Cinco de Mayo Reno which attracted 150,000 people
and
The Nevada Wide Open Marathon de Mayo |
|
 |

3Media
& Hispanic Star Power
For American Latino
2005, DM Productions LLC wrote the script, directed and
produced (including post production) a 30 second commercial for
Ricardo Montalban's Nosotros organization of actors and movie
industry professionals.
Actors who participated
in the commercial included
Lupe Ontiveros (Desperate Housewives),
MIchael Pena (Million Dollar Baby),
Jesus
Nebot (Arrested Development,
Michael Gomez and other Hispanic stars.
Latin Heat Magazine was the official national magazine
sponsor. For some additional pictures from the commercial
shoot, click on the links above. |
|
 |

5
Award winning special events. |
|
KiDS
MARATHON4
DM
Productions LLC partnered with Echo Loder Elementary School
and five time Olympian Rod Dixon to have a Kids
Marathon as part of the 2006 and 2007 Marathon de Mayo events.
The school is 90%+ Hispanic and the kids finished the last 1.2
miles at the marathon after a 12 week program that allowed each
student to complete a progressive marathon.
In
2007, we had 50 students compete in the Kids Marathon. We
got extensive media coverage and were able to obtain national
corporate sponsors including American Family Insurance for the
event. |

|
|
|
 |

|
|

 |
3Music
DM
Productions has worked with the music industry's best Latino
performers including Latin Grammy winner Nestor Torres,
Hall of Fame Singer Johnny Hernandez and New Age artist
Mani Sierra.
Other Hispanic bands
we have worked with include Malo, Azabache, Tiempo
Libre, Latin Soul Project, Sol Jibe, Mariachi Estrellas De
Jaliso, Hall of Famer Lalo Guerrero, Tango master
Daniel Diaz and a full orchestral concert by The
Foundation Orchestra. |
|
|

5Hispanic
Media Contacts
including the national Internet Hispanic Community site
Quepasa.com. We can assist your company with branding
into the Hispanic community and develop logos, corporate
sponsorships, strategic partnerships and more on a national,
regional or local basis. |
Leveraged Marketing Platform
Shared Advertising Campaigns
Reach Customers in culture ... not
language
“The Hispanic population is the fastest-growing
customer segment,” said Louis Laguardia, senior vice president of
global diversity for Blockbuster. “Designating these stores [such
as South Reno Blockbuster] as Hispanic boutiques is just the beginning.
Our vision is to one day further this concept and have completely
Hispanic standalone stores.”
“Companies large and small are recognizing the U.S.
Hispanic market represents a huge opportunity,” said Leslie Dukker
Doty, a senior vice president at MasterCard. “But, you can’t
translate into Spanish and expect to reach the Hispanic market.
We always try to reach consumers in culture, not language.
The payoff for businesses is brand loyalty, which
tends to be higher in Hispanics and often overrides any price
sensitivity.”
|
|
-
Real annual wages for U.S. Hispanics grew 16
percent from 1995 to 2000.
-
Hispanics spent 20 percent of their after-tax
income on shelter compared with 17 percent for non-Hispanics. They
spent 12 percent on food at home compared with 8 percent for
non-Hispanics.
-
Hispanic
teens spent most of their $19 billion on clothing and jewelry.
-
One-half of Hispanics 16 years of age and older are
using the Internet with some frequency.
-
Hispanic
households spend more than most on men’s uniforms, boys’ sweaters,
girls’ shirts and blouses, and infant accessories.
-
-Among
bilingual Hispanics, Spanish-language commercials are four
times more persuasive than English ones.
-Sources:
Datos 2002, Arizona Hispanic Chamber of Commerce
|
|
|