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The Hispanic market is the place to be…
Musabbirul IslamId :113 0074 560
Case Study
Case Brief Targeting Hispanic market in US by the different Companies with different IMC’s
Hispanic-person with a historical / cultural relationship with Spain
Why So attractive??
In USA by 2050 Hispanic house hold rise 16.7 % - 30 % spending power $ 863 billion
Untapped market
Yankelovich study Reveals Only 10% Spanish content(internet) More open & responsive to ads- 67 %
Because 75 % - Hispanics are being ignored !!!
NASCAR
NASCAR race- broadcast in over 150 countries.
NASCAR - 75 million fans Purchase over $3 billion annually
Hispanic fan: Less than 10 %
National Association for Stock Car Auto Racing
NASCAR Racing is one of the most popular sports in US today!!
Advertise In 2004 - Signed 5 years exclusive rights
ESPN Deportes TV Deportes Radio
Sports events
In 2004: NASCAR Mexico Corona series
In 2005: NASCAR brush series, Mexico
Public Relations-In 2004 Drive for Diversity
Número Uno (Number One)- NASCAR’s IMC among the Hispanic fans
Celebrity branding
Juan Pablo Montaya -
Successful Colombian F1 Driver
Featured by NASCAR
In personel appearances
In NASCAR Prime Time, ABC
Other companies IMC’s
World's 7th largest brewing company
Online -Bilingual website
Bilingual magazine
TV ad In Spanish
Vivemejor (Better Life)
My Prediction 2050Buena Suerte Y Gracias Hispanic people !!!