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Hot Issue: Multicultural Marketplace

5/17/06
Hispanic Segmentation Made Simpler

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One of the first considerations when creating a Hispanic brand strategy is to understand how a product or service is purchased. Unless a product is country specific or purchasing behavior is representative of a certain country, nationality is often not a consideration. It is a consideration, however, for certain types of food, music, concerts, restaurants, or specialized services like money transfers. What segmentation challenges do you see for consumer marketers and retailers reaching out for Hispanic consumers?

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