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HispanicTrending: Hispanic Segmentation Made Simpler

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“I’m often asked how companies can avoid stereotyping or generalizing when creating a Hispanic strategy, given the various ways in which the market segments.

One of the first considerations when creating a Hispanic brand strategy is to understand how a product or service is purchased. Unless a product is country specific or purchasing behavior is representative of a certain country, nationality is often not a consideration. It is a consideration, however, for certain types of food, music, concerts, restaurants, or specialized services like money transfers. What’s important is to be clear on whether the product or service is a functional purchase or an emotional purchase.”

SOURCE: in English / Fuente en Ingles
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Posted on: May 18th, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Marketing & Advertising
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