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With More Spending Data Available, Companies See Value of Spanish-Tailored Ads

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Posted on: May 19th, 2008
Filed Under: Blogante Business, Marketing & Advertising
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Search these tags: insurance, population, Spanish-language, Univision
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“Pundits might argue that ignoring the estimated trillion dollars annually pumped into the U.S. economy by Hispanics would be the kiss of death for any rational thinking business.

Call it poor business judgment on the part of an industry destined to go the way of the buggy whip, yet several of the nation’s largest companies still waver on marketing to the country’s Spanish-speaking of some 44 million as of 2006, according to the U.S. Census Bureau.

“Financial services like banks and companies haven’t quite caught on,” said San Diego-based Sun Marketing President Mary Beth McCabe, who began her marketing career in 1979 at TV network Communications’ affiliate station in Chicago. “They’ve been slower to adopt Hispanic marketing.””*

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