Mercury Mambo
     


Understanding The Hispanic Market for Convenience Stores PDF Print E-mail
Written by Becky Arreaga   
Thursday, 28 May 2009 14:49

The country’s fastest-growing consumer segment is too big and too profitable to ignore.

Many believe that the popularity of convenience stores and the tendency for diverse purchases among Hispanics can be traced to the Hispanics’ affinity for neighborhood “bodegas” or “tienditas.”

Describe your perfect customer. No doubt it would be someone who shops at convenience stores more often, spends more money during each trip and buys across more categories. According to the Greenfield Online/Mintel Hispanic Consumer report, you have just described the Hispanic consumer market.

As the current recession continues to put a strain on retailers, it becomes even more critical to allocate time and resources towards your more profitable clientele. For retailers across all channels, this segment is often times the Hispanic market.

Read more...
 
How Hispanic Shopping Behavior is Different that their Anglo Counterparts PDF Print E-mail
Written by Becky Arreaga   
Saturday, 24 January 2009 17:11
Unlike their Anglo counterparts, Hispanics are in no hurry to get in and get out of a grocery store.

A recent study released by TNS entitled the Hispanic Shopper 360 Study confirmed what most retailers in Hispanic communities already know - for Hispanics, shopping is an experience, not a sport. Unlike their Anglo-counterparts, Hispanics are in no hurry to get in and get out. As a matter of fact, only 16 percent of Hispanics felt speed was important, compared to 39 percent of non-Hispanic shoppers.

For marketers and retailers alike, this is good to know since Hispanics visit their area retailers on average 26 times a month, that's 3 times more often than their general market counterparts!

Read more...
 
Social Media Sites: Yep, Hispanics are On Them! PDF Print E-mail
Written by Lynn Currie   
Wednesday, 10 December 2008 13:31

Bilingual Facebook ChatThe 2008 Google Zeitgeist is out and seems to backup some of what we've been seeing at The Mambo - Facebook is gaining popularity among Spanish dominant users.

On February 7, 2008 Facebook launched its Spanish version. Since then, we've been noticing a lift in Hispanics on our own pages and with our own friends both from the U.S. and from other Latin American countries.

According to the Zeitgeist, Facebook is highly ranked as one of the fastest rising sites in all Latin countries that made the list. "Fastest rising" means that Google looked at the most popular searches conducted for 11 months of 2008 (compiled by early December) and then ranked them based on how much their popularity increased compared to 2007.

Read more...
 
Hispanics Are Mainstream: Is Your Marketing Plan Ready? PDF Print E-mail
Written by Becky Arreaga   
Friday, 28 November 2008 09:51

In preparing for a presentation early last week, I came across an incredible report on Multicultural America put out by Geoscape.  Geoscape has always been a leader in providing demographic data, population projections and mapping services to agencies and marketers alike that are tapping into this segment.  Based on their latest report, the AMDS Executive Summary Report, (available as a free download on the Geoscape site), this segment is not so much as "segment" as it is about to become the mainstream population.

Geoscape MapMulticultural America 2014

Now for most of you, I  know this is not new news.  But based on the recent article published in Promo Magazine, it might be to corporate management across the country.

The Promo survey among ANA members reported that while 77% of respondents were implementing multicultural efforts of some kind, over a quarter of them were either somewhat or very dissatisfied with those efforts.  The study revealed that corporate blinders remain the biggest obstacle.  Pain points cited included lack of adequate funding (58%), lack of internal support (45%), and inconsistent support from top managers (34%).

In economic times such as these, it's imperative that corporations spend every dollar wisely.  If I were looking at the following maps, there's no question where I would be allocating my marketing dollars.

 
¡Viva Shopper Marketing! PDF Print E-mail
Written by Becky Arreaga   
Saturday, 04 October 2008 17:59

The term "shopper marketing" has become a pretty powerful buzz word around the halls of CPG manufacturers and retailers alike lately.  What I find curious is that many marketers are unclear as to the exact definition of the term.  A quick Google search uncovered a multitude of definitions ranging from

"...collaborating with the retailer to advance the shoppers in-store experience"

on the ANA Website to

"...the employment of any marketing stimuli developed, based on a deep understanding of shopper behavior, designed to build brand equity, engage the shopper (i.e., an individual in “shopping mode”), and lead him/her to make a purchase"

from the Grocery Marketer Association.

At Mercury Mambo, we define shopper marketing from a Latino POV.

Read more...
 
<< Start < Prev 1 2 Next > End >>

Page 1 of 2