Even as the U.S.
Hispanic population growth is increasingly driven by U.S.-born Hispanics, a
recent “Facebook IQ” study found that marketing in Spanish is still important.
The study reports that 80% of U.S. Hispanics say they do not feel the need to
give up speaking Spanish in order to assimilate into American culture.
This contradicts a
recent trend of replacing Multicultural Marketing with an all-encompassing
message delivered in a single language. As the number of bilingual Hispanics
continues to grow, so do the opportunities for marketers to deliver culturally
relevant messages.
When consuming media
online, the majority of bilingual Hispanics use Spanish at least half of the
time. This stands in opposition to the idea that Spanish becomes less relevant
as a Hispanic consumer becomes acculturated.
It is important to note,
however, that there is a gap between the ROI of TV ads in English and in
Spanish. A Nielsen study found that the ROI of English ads were $0.30 higher
than those of Spanish ads.
After an in-depth
analysis of these results, Nielsen found that 54% of the Spanish ads actually
had equal or higher ROI than the English ads. Several factors were found to
increase the effectiveness of these ads:
·
Original
Spanish language rather than translations from English ads or voice-overs
·
Humor
relevant to Hispanic culture
·
Relatable
settings
Ads that incorporated
the above elements saw significantly higher ROI than English-language ads.
In order to effectively
reach the growing population of U.S. Hispanics, campaigns not only need to
incorporate the Spanish language but also culturally relevant messaging.
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