On the occasion of National Hispanic Heritage Month, The Nielsen Company released data regarding the the shopping behavior of Hispanic consumers, whose collective buying power totals nearly $1 trillion, it said (via MarketingCharts).
As Hispanics become more acculturated (as measured by language preference), there is less evidence of brand loyalty, according to Nielsen Homescan research across multiple product categories. For example:
“When it comes to brand loyalty and the Hispanic consumer, the key learning for marketers is understanding the importance of building a brand relationship during the initial stages of acculturation and maintaining this connection as Hispanics’ integration to American life increases,” said Tim Kregor, president, Nielsen Consumer Panel Services.
MarketingCharts offers some other insights imparted by Nielsen’s research.
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Other recent Publicis…
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The research, which aggregated a year’s…