Hispanic Marketing Forest Hills NY

Approximately 45 million Hispanics live in the United States; this makes them the second largest ethnic group. This group is expected to grow in the coming years and that is good news for businesses in the U.S. The reason being is that the Hispanic market represents great potential to increase their revenue.


1 . Local Companies

A to Z MiniBillboards
347-425-1716
5221 Avenue D
Brooklyn, NY
SeeMeSmart
(646) 708-3841
330 west 38 suite 801
new york, NY
Forssberg Hank Advertising
(201) 488-4800
11 State St
Hackensack, NJ
Media Sales Intl Inc
(212) 966-1796
449 Broadway
New York, NY
Promohut
(718) 252-1706
1123 Mcdonald Ave
Brooklyn, NY
Gold-Mark Promotions, LLC
516-295-2947
340 Edward Avenue
Woodmere, NY
Teleteria
203 966 3700
1325 Avenue of the Americas
New York, NY
Staten I Com
(718) 816-4122
516 Broadway
Staten Island, NY
Latino Marketing Corp.
(718) 441-9566
8710 95th St
Woodhaven, NY
Telecard Marketing Group
(718) 699-7317
8812 55th Ave
Flushing, NY
Data Provided by:
  

2 . Understanding The Hispanic Market

To reach any market with a message, it's important to understand that particular market. Factors to consider are: demographics, culture, language, and even certain concepts that play an important part in how a person thinks and in his expectations.

Demographically speaking, the average Hispanic is younger. He's in a lower income level and has minimal education. In addition, Hispanics normally live in urban areas and have larger families. There are many more cultural differences besides the language. When it comes to interaction, Hispanics normally expect or like to build relationships.

There are some concepts that require understanding on the part of marketers in order for them to be effective in their marketing techniques. It's critical that marketers understand the role that fate, communal living, their concept of saving, and spontaneity play in the life of the Hispanic person. Their idea of saving means saving for things that are important to them such as visiting family in their country of origin, saving for quinceaneras, or baptisms. This is completely different from the average American who thinks of saving in terms of retirement, kid's college, and so forth.

Planning is a concept that many Hispanics don't think about. Rather, they believe in fate and feel that what's going to happen will happen. Some feel that only God knows what tomorrow will bring.

Understanding these differences and concepts will help business owners benefit from this growing segment of the population. They will put themselves in a better position to serve this group of potential clients. Finally, having an in-depth understanding of these differences and concepts will result in a clearer and more effective message for the Hispanic market.

3 . Business Opportunities For The Hispanic Market

Hispanics are also benefiting from the growing Hispanic market. More and more Hispanics are thinking of ways to start their own business to cater to Hispanics, thus creating a win win situation.

There's a wide scope of business opportunities and resources for the Hispanic community. Many Hispanics have been able to take advantage of franchise opportunities, which are abundant in the Hispanic market. In fact, franchise businesses are the number one opportunity for Hispanics. Next in line are property consulting businesses, restaurants, and online businesses.

Another area that has good potential for growth due to the Hispanic market is network marketing. Not only are Hispanics shopping more online, but many are also starting their own network marketing businesses. Translation and interpreting provide yet more opportunities to the Hispanic community. The demand for interpreters is very great, as more businesses strive to meet the needs of the Hispanic market. Some interpreters and translators may work for international and federal organizations. However, many are also independent contractors or freelancers. They set their own schedules and decide how much work they want to accept.

As you can see, there is no shortage of business opportunities for and in the Hispanic market. The possibilities are endless for businesses that provide services to the Hispanic segment, as well as for Hispanics who want to become independent by owning their own business.

4 . How To Choose A Hispanic Market Consultant

Many business-consulting firms can help businesses with their marketing techniques. However, beware! The fact that a person can speak some Spanish does not mean that he will be the best consultant for your company.

It requires more than knowing Spanish words for a consultant to be effective. He needs to have a thorough knowledge of the language as well as the culture. Many ads contain phrases that are offensive to the Hispanic community. Even when words are translated correctly, the meaning they convey may be different than what the marketer wants to communicate. For this reason, it is better to select a consultant whose native language is Spanish. If possible, the consultant would have lived in Mexico or another Spanish country and surrounded himself by the Hispanic culture.

Ask for references. A potential mistake can cost your company large sums in revenue. Make sure that he has provided consulting services to other successful businesses.

Furthermore, it's important to realize that some consulting firms specialize in specific areas. Some firms may provide services to legal firms, while others may concentrate on financial services. Still others may be full service, meaning that they provide consulting services to any business regardless of the industry.
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