‘4 new rules for multicultural marketing’ – ‘Mashable’
Macala Wright says, “The United States, and its multicultural composition, is ever-changing. According to the U.S. Census Bureau, there are 54 million Hispanics living in the U.S. Representing approximately 17% of the total U.S. population, those of Latino origin are the nation’s largest ethnic or race minority. By 2020, that figure is expected to grow to 31% as the numbers of Latinos in the U.S. more than doubles. Also by 2020, more than 50% of all U.S. consumers will be classified as multicultural.
And, in terms of marketing to this population, tactics need to change as well. CMO & EVP Brands at Moët Hennessy USA Jon Potter says that in order to effectively market to Latino consumers, “brands need to develop strategies that integrate them into part of brand.”
When it comes to multicultural marketing, brands are facing some of the biggest challenges they have ever experienced, as technology changes consumer behavior“.
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