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Using the Internet to reach Hispanic and Latino Consumers
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Marketing to Hispanics still remains a
relatively untapped market by companies wanting to expand their market share
or increase revenues in areas regarding the New Economy. Hispanic
consumers present ample opportunities and unique socio-cultural
characteristics.
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According to the 2000 Cheskin study, they
had found that Hispanics had adopted computer technology much more rapidly
than expected by policy makers who had identified a "digital divide.'
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Rapid Change in adaptation of Internet
Use
In July, 2001, the Pew Internet and American Life Project
released the results of their study on Hispanics and the Internet, an had
found that fully 50% of Hispanics, aged 18 years and
older, have used the Internet.
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In 1998 and 2000, the Department of
Commerce had identified the rate of growth in the overall computer
technology market at 21%.
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Online acceleration
Clearly the rate
of adoptions has accelerated. The Pew Study also found that half now
22 million Hispanic/Latino adults have Internet access. In March of 2000, 40%
of Hispanic/Latino adults had access. This translated to more than two
million Hispanics getting online within the 12 months ending in February,
2001.
This 10% increase on
the Hispanic population online is part of a larger growth of
Internet users that includes more women, African Americans, and
those of modest means and education.
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Cybercitizen demographics
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The study found that online adult internet users
came from these demographic groups:
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58% White
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50% of English speaking Hispanics/Latinos
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43% of African Americans
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75%
Asian Americans
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- Potential reasons
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Education - Asian Americans that were online had
higher levels of education and income that correlated with access to the
Internet.
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Age differences About
61% of online Hispanics/Latinos are 34 years or under, in comparison with
37% of white Internet users and 54% of African American online users
in this same age cohort. Online, Latinos
aged 55 years or older only constituted 5% of the online Latin
population, where Whites in this same cohort were 15% of this
population.
Economic differences
About 61% of
online Hispanics/Latinos are 34 years or under, in comparison with 37% of
white Internet users and 54% of African American online users
in this
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49% of new
Hispanic/Latino Internet users live in households with incomes under
$40,000 a year
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Contrary to general market
Internet growth, which involves strong growth within older
American demographics (at least into their 50's), new Hispanic/Latino
Internet users are younger.
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34%,
18-34 years of age
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34%, 25-34 years of
age
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32%,
34 years and older
Educational aspects
Of online
Hispanics/Latinos, 26% have a undergraduate or graduate degree.
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Behavioral usage
The internet has become integrated in many Hispanic Internet users' daily
lives. In the Pew 2001 February, survey, they found hat 61% of
Hispanics are online on a typical day. This was a 20%
increase from their March 2000 survey of the number of Hispanic Internet
users online on a typical day.
Some 60%
of online Hispanics say they use the internet daily.
Hispanics re embracing the Internet with greater than general
market and average gusto.
Wired at home
Hispanics are increasingly likely to have Internet
access from home. In 2001, 44% of Hispanic online users accessed the
Internet from home, while 14% did so from work. Thirty-three
percent reported logging in onto the Internet from both home and home which
is similar to usage by Whites. |
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- Online Gender Differences
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- The Pew report found that Hispanic women
outnumber men as "newbies" to the online world, and is in line with the
general trend that women of all races predominate the new user population.
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- In 2001, 26% of Hispanic females were
new users, compared to 21% of Hispanic male Internet users.
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