Posts Tagged ‘Nation’s Restaurant News’

Nations Restaurant News Article: Tailoring Your Messaging to Hispanic Consumers

nations-restaurant-news-article-tailoring-your-messaging-to-hispanic-consumers

iStock_000000512207XSmallLast week I was reading the print version of Nation’s Restaurant News, and I came upon an article that I found particularly interesting and relevant to the subject material we generate here on our Executing Innovation Blog.

The author, Graciela Eleta conveyed some remarkable statistics regarding the 25 to 34-year old Hispanic market—over the next 5 years this age range is expected to grow 13.5%.  Compare this to the non-Hispanic market, which is expected to increase a mere 0.5%, and you can see the significance of the statistic.

Eleta went on to say that this demographic will contribute to 89% of the total US population growth, and that by 2015, one of every four adults will be Hispanic.

Eleta’s article resonated with me because it ties closely into our strong belief in the importance of local marketing and intelligent profiling. With hard-hitting numbers like these, it simply doesn’t make sense for brands and operators to approach marketing in a generic fashion. To do so would be missing a prime opportunity to reach this demographic.

To read this article in it’s entirety, you must have a subscription to the print version of Nation’s Restaurant News. If you’re interested in subscribing, you can do so here.

What are your thoughts on these statistics? Are you reaching out to the Hispanic demographic with your marketing?

A ‘New America’ Calls For New Messaging

a-new-america-calls-for-new-messaging

diversityimageAs I read through a recent issue of Nation’s Restaurant News, I came across an article titled ‘Feeding the Needs of a New America‘. It discussed the upcoming US census and the data points that were likely to be revealed. The concept that the ‘average American’ has ceased to exist (from a marketing perspective) was pervasive throughout the article. In essence, our population has become so diverse that we’re unable to pinpoint a universal set of traits or behaviors that are applicable across the country. Thus, we can no longer send the same message to everyone. While this isn’t exactly a new concept, it looks as though we’ll now have the hard data to support it. The changing population centers, current economic conditions, demographics, and tastes are all impacting how we make decisions. So– what are we to do? The answer seems simple enough: alter your products and messaging to speak directly to the tastes and preferences of the respective local market. Ideally, marketing and messaging should be store-specific– the execution, however, is not that simple. You can read more on this subject in our local marketing series.

I’m curious: what are your thoughts on these findings? And– how are you keeping up with the ever-changing market?