Monday, July 30, 2012

3 Reasons Why Radio Resonates with Hispanic Consumers


In the ever-increasing Hispanic market, it is becoming more apparent that the use of radio as a means of advertising proves successful in captivating the core of Hispanic listeners.  Fortunately for marketers, Hispanic consumers are using radio more and more as a way of staying connected to their communities.  Statistics show that the Hispanic population now wields a significant power in the buyers’ market, so what exactly is the advantage of advertising through Hispanic radio?

Power in Numbers
Hispanics now take up a significant portion of the population with even more growth predicted in the future.  This provides significant space for companies to cultivate a substantial market. Since a large portion of this community is not native citizens, they still strongly cling to their cultural values and radio provides these consumers with a direct link to these values.  Hispanics are also known to spend more time in their cars, respond to radio commercials mentioning a sale, and use the radio more heavily than the general population. Daily radio listening allows Hispanic consumers to feel more connected in their communities where they might otherwise feel alienated.  

Culturally Compatible

Listening to the radio is an essential part of life in the Hispanic community. Consumers that are new to the United States see radio as nostalgic way to retain part of their culture as well as remain relevant and connected in their community. Additionally, radio is a cheaper advertising option that does not require reading proficiency and can reach people in various locations and situations.

It’s All in the Family
 
http://www.marketingcharts.com/
It goes without mentioning that the concept of family and togetherness is an essential component to the Hispanic culture and lifestyle. On average, the Hispanic family may listen to a station for 26-30 hours a week, ranking 13% more than the general population.  Understanding the inner psychology and cultural dynamic of Hispanic consumers will help in implementing an advertisement through an avenue that already resonates well with them.

Tips:
  • Direct translations of English ads never work because certain phrases and ideas do not translate well and can send a completely different message.
  • Get to know what ideals and customs truly speak to the Hispanic consumer
  • When considering budgets, note that radio advertising is one of the cheapest avenues available 

Utilizing radio is a successful strategy in tapping into the increasing Hispanic market. At its core, a radio is a culturally acquainted companion to every Hispanic listener. By understanding the culture, you can utilize familiar music and language to create campaigns that reach the heart of the Hispanic consumer. After all, it pays to be culturally connected.

SOURCES

No comments:

Post a Comment