Everywhere you look, you see it -- and there's no escaping it. By 2013, Hispanics will account for more than $1.4 trillion in purchasing power in the U.S. Add African Americans to the equation, the numbers almost double, as they will contribute an additional $1.1 trillion in spending power by the year 2015. Both of these segments are younger and growing at a faster pace than their white counterparts. Multicultural Americans are, in effect, what some have coined the "new American mainstream."
In a world where digital is now the baseline for consumer engagement, answering the question of how to effectively engage this "new American mainstream" has only grown more complex. It's no longer a question of if, but simply when will your team be asked to engage these powerful consumer segments. But how do these audiences behave digitally? This is where it gets really interesting:
These stats provide just some of the serious reasons "why" you should engage. However, my goal here is to help you understand "how" to engage the "new American mainstream." So, below I have compiled three best-in-class sites that successfully answer the challenge of how to connect culturally, and I detail how that effort has helped move the needle for their business.
Yes, Hispanics do more than just soccer, and the NBA is proving it with their Éne-Bé-A platform. Witnessing a decline in their Hispanic viewership and fan base in 2008-2009, the NBA needed to find a way to reach and engage with U.S. Hispanics. Through research, the league would find that in order to engage with Latinos, it needed to do so from a culturally centric standpoint, but not by singling out Latino fans by language or ethnicity alone (like the creation of spin-offs of NBA Latino or NBA en Español).
Instead, it needed a more organic way to deliver greater cultural relevance to their fans. The use of colloquialism proved such a way when the NBA learned that instead of pushing the NBA brand, they could leverage an existing cultural reference in éne-bé-a to draw greater ap-peal for the brand. This allowed the league to reinvent the brand from within the Hispanic space versus taking a top down approach towards engagement.
Delivering an authentic Hispanic NBA experience, the site greets visitors in Spanish language upon entry and serves as a one-stop landing zone for NBA fans. From custom content featuring Hispanic imagery and video to social media engagement and the NBA Store, a Latino fan can easily use this as their home for all things NBA.
Social media lies at the very core. Today, the Éne-Bé-A Facebook fan page holds over 400 thousand Facebook fan "likes." But they have also added multiple social media networks including Twitter, MySpace, QuePasa, and MiPágina.
Leveraging cultural insights like this helped deliver Hispanic viewership growth of 17 percent during the 2009-2010 season and a fan base increase of 9 percent by December 2009.
Not a People Connection member?
As a spa consultant and advocate for ethnic skin care training it is absolutely mind-boggling that the spa industry ignores the writing on the wall. Black and Brown people are the new consumers to attract. The spas must begin to teach ethnic skin skills and if they want to capture this demographic. Add to that the Millenials which contains the largest group of bi-racials. Last year $1.5 trillion was spent on globally on beauty products. Yet the fact remains that skin care is taught solely from a European perspective, which ignores %80 of the world. Imagine the potential earnings if skin care "pros" actually knew what they were doing with regard to ethnic skin.
Full Summit Calendar | Request Invite
1 Marketing jargon translated for normal people
2 The most meaningless (and hilarious) job titles on LinkedIn
3 6 top social media management tools
4 The marketing jobs with the fastest turnover
5 The best social media campaigns of 2013