If you are a marketer who intends to stay on the web, you simply cannot ignore the current of internet marketing trends. One such trend is the rocket-like rise of the Hispanic market online.
One of the most interesting things about this market segment, from the standpoint of Web 2.0 marketing is that most Hispanics come to the web with a strong sense of community, which is a reflection of the Hispanic culture.
When I sold insurance in the Hispanic community, one of the big marketing buzz terms was “familia” (family). On many occasions, it was not as simple as winning the trust of a client, but in fact, the whole family. In some instances, I was literally questioned by 3 or 4 family members, before the family would make a buying decision!
Now I don’t think that with the current internet marketing trends of Hispanics online that we will ever see this to such an extent. My point however is that “community” is a big part of the Hispanic culture, which is what makes social marketing so appealing.
At informationweek.com, David Gardner reported today that “The market research firm, which specializes in measuring the digital world and digital marketing trends, said the Hispanic online population reached 20.3 million visitors in February. That number — a record — represents 11% of the entire U.S. Internet market.”
He went on to report that a recent study showed “”community” and “teens” categories drew the most attention by Hispanics, with those categories accounting for a total of 18% of time spent online. Other key categories were gaming with 13%, radio, 13%; multimedia, 12%; discussion/chat, 11%; instant messaging, 11%; and music, 11%.”
As you can see from these numbers, this is one of the hottest marketing trends that will only continue to rise in the coming years (it is a trend, not a fad). Figure out ways to go to this mercado (market) and you will be well rewarded!