Hispanic Ad Spending and Reallocation Could Mean Accelerated Growth for Firms, Brands: Study
The Hispanic market is traditionally underserved, but that may change soon. Several firms with the financial services, insurance and retail sectors have discovered that reallocating funds and increasing ad dollar spending on Hispanic media could mean a greater return on their investment.
The national trade organization Association of Hispanic Advertising Agencies (AHAA) published the latest addition to its insight series on Nov. 8, “Financial-Insurance Services & Auto Hispanic Media Allocation Trends 2010-14 & Impact on Total Market Revenue Growth Study.” According to findings in the report, which were also sourced via Nielsen, insurers and financial service companies that effectively target the Hispanic market with publicity campaigns see a higher…
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