left
right
CHART CLOSE-UP FROM THE STORY:
To Reach Hispanic Boomers, Advertisers Must Look Beyond Language »
scroll down to read the full story
focalyst-hispanic-boomers-demographic-profile.jpg

To Reach Hispanic Boomers, Advertisers Must Look Beyond Language

Hispanic Boomers (those born between 1946 and 1964) represent approximately 10% of the US Boomer segment - over 7 million consumers - but cannot be segmented by language alone, a Focalyst study concludes (pdf).

“Marketers need to look beyond language and understand the demographic, attitudinal and behavioral differences within the Hispanic Boomer market in order to reach this target,” said Jack Lett, executive director of Focalyst.

focalyst-hispanic-boomers-acculturation.jpg

Two in three Hispanic Boomers are “more acculturated,” considered either “Bicultural” or “Acculturated,” Focalyst said:

  • Bicultural Hispanics - 24% of Hispanic Boomers - are US-born or foreign-born and have lived many years in the US; they are bilingual and consume both English and Spanish media; they identify with aspects of both cultures.
  • Acculturated Hispanics - 41% - are US-born and English-dominant; they consume English media; and they identify strongly with American culture, but still keep ties with their Hispanic culture.
  • Unacculturated Hispanics - 35% - are foreign-born and speak Spanish in the home; they consume more Spanish than non-Spanish media; and they identify strongly with their native culture.

Demographic Profile

focalyst-hispanic-boomers-demographic-profile.jpg

The study found that Bicultural Hispanic Boomers…

  • Earn 23% less income on average than General Market Boomers ($56,607 compared with $73,921) - though they are equally likely to be employed (77%).
  • Are more likely to be married or partnered (75%) than both Acculturated (64%) and General Market Boomers (69%).
  • Are less likely to be college educated - 55% of them have a college education, compared with 69% of Acculturated Boomers and 73% of General Market Boomers.

Family

Hispanic Boomers live in larger households (3.3 people per household vs. 2.9 for the General Market), often made up of younger children, adult children, or older relatives. Bicultural households have the largest household composition (3.6 people):

focalyst-hispanic-boomers-household-composition.jpg

In addition…

  • Acculturated Boomers are the most likely to be a caregiver for a family member, with 14% recently taking on this role.
  • Besides supporting larger households, one in four Hispanic Boomers are providing substantial financial support to someone outside of their homes.

Future Plans

Acculturated Hispanic Boomers are more likely to aspire to continue their education (28%), whereas Bicultural Hispanics have more entrepreneurial desires - 32% said they want to start a new business, compared with 17% of General Market Boomers:

focalyst-hispanic-boomers-life-goals.jpg

More findings:

  • More than half (51%) of Bicultural Hispanic Boomers said it is important that their family think they are doing well:

focalyst-hispanic-boomers-family-values.jpg

  • Fully 86% of Bicultural Hispanic Boomers agreed that they have been fortunate in life, and 80% said they have accomplished a great deal - more so than General Market (77%) and Acculturated (76%) Boomers.
TODAY'S MARKETINGCHARTS STORIES

Marketers Adopt Emerging Channels

More than eight in 10 marketers plan to leverage at least one emerging marketing channel in the next...

Digital, Cable News Audiences Only Media to Grow in 2009

For the third consecutive year, only digital and cable news saw audiences grow among the key sectors that...

Private Label CPG Dollar, Unit Sales Continue Growth

For the second straight month, private label CPG dollar and unit sales both rose in February 2010. According...

Behind the Curve: Week Ended March 19, 2010

Below are some links to recent research news, studies and lists from the collection of items that MarketingCharts...

Top 10 House and Garden Websites - February 2010

Note: The Hitwise data featured is based on US market share of visits as defined by the IAB,...

Renewable Energy Report - Click Here!
advertisement