Expo Comida Latina
2002
Selling to the Next
Generation of Hispanic Consumers Generation ñ
To sell to Kids you need to think like a Kid!
Kids expect and notice innovation
Kids have favorite spots in stores
Licensed
properties matter
2/3 of purchase decisions are made
in store
Kids go shopping with mom and dad more than ever
Kids
have significant influence on what goes in the cart…. “Please Mom…”
Cereal 81%
Snack Foods 76%
Soft Drinks 74%
Cookies
72%
The Facts
34 Million kids ages 4-12 receive $45 billion per year
They spend about $17 billion (on) snacks, sweets, toys/games and clothing
Children
also influence the purchase of more than
$290 billion in family goods and services
Census 2000 data:
Growth among Hispanic children under the age of 18 significantly outpaced
all other groups during 1990s. Census 2000 results show that Hispanic children
are now the largest young minority group. The number of Latinos under the age
of 18 increased 59% between 1990 and 2000 to 12.3 million, surpassing the 10.6
million children and teens identified as “non-Hispanic Black”. During the same
period, “non-Hispanic White” youths under 18 grew only 5%
Mexican 38%
Puerto Rican 34%
Cuban 19%
Central & South American 29%
Non Hispanic White 24%
Isabel Valdés : “Our research
has shown that the Hispanic market overdelivers against the national average on
a per-dollar basis when the right campaign and the right language are used”
Ms. Isabel Valdes www.isabelvaldes.com
Hispanics experienced growth in all educational levels from 1990 to 2000
Kindergarden 45%
Primary 58%
Secondary 55%
Nursery….
In 2000, there were 574,000 Hispanic children enrolled in nursery school
In 1990 242,000
In 2000, 13% of nursery school students
were Hispanic
In 2000, there were 687,000 Hispanic children enrolled in Kindergarden
In 1990, 475,000
In
2000, 18% of Kindergarden students were Hispanic
Hispanics currently represent 14% (2,224,000) of the total population
enrolled in high school
Between 1990 and 2000, the number of Hispanics enrolled in high schools increased by 55%, compared with only 16% for African Americans and 21% for Mainstream
Hispanic students are the fastest-growing student group in the nation’s
elementary and secondary schools.
From
1990 to 2000, Elementary school
enrollment of Hispanics was up 58%
Secondary
enrollment was up 55%
It’s got to start with a clear strategy
With a product as a hero
Fun must be differentiated fun, subtlety is not a virtue
Honesty
Graphics, packaging
Continuity
Parental perception
Family interaction
Co-branding
Kid’s marketing has gone mainstream
Five Critical Success
Factors
Immediate gratification- Goghurt
Empowerment – Frito Lay “A todo Sabor”
Budget - Lakeview Ready to eat gelatin
Innovation – Variety Heinz purple ketchup
Collectability
– Bazooka
chewing gum
Parents
more likely to:
- Be firm with kids 6& under (35%
deny)
- Negotiate with 6-9 year olds (25%
deny)
- Accept more automatically 10& up
Wondergroup Kids Marketing
Hispanic
Parents
Sixty-one percent (61%) agree they tend to buy Hispanic products over
American-made products if they have a choice
The
Good News!
Kids What factors influence parents when buying food for children?
Children ask for it 57%
Advertising 6%
1.
Price The look of the packaging should reflect
the price of the product
2.
Placement Give the packaging a hierarchy of read
3.
Playful Packaging and graphics fun
4.
Parents Need assurance
5. Pals partner with the
character/hero
Sixty
seven (67%) Hispanics agree they eat at home more often than Anglos and cook
dinner at home an average 5.6 times a week.
Page
–21-
Hispanic are children-focused, thus it is not surprising that 72% agree
their children greatly influence what they buy – this includes 44% who strongly
agree
My
Children Greatly Influence What I Buy
Agree Total 72
Strongly agree 44
Somewhat agreet 28
Disagree Total 26
Strongly
disagree 13
Los Kitos are:
Comic Strips
Weekly Radio Show in Radio Unica and Organization of American States
Weekly Internet Site for Kids with La Opinion - Notikitos
Live
Appearances/Concerts
Licensing
Products for Kids
THANK YOU!
GRACIAS…..