Best spiritual resource on the net
 

Welcome to our New Age Archive. Have fun browsing!

 

(Browse for more articles)

 

How You Can Tap Into the Lucrative U.S. Hispanic Market Segment

How would you like to leverage sales into How may I help you?") are enough to make
a largely untapped market segment of the most basic connection. These phrases
potentially lucrative customers that will relax the Spanish-speaking buyer and
number in the millions and are convenient help them see they are in a friendly
to target? The segment we recommend is environment, while you build personal
the growing U.S. Hispanic market. trust and credibility in their
According to the current U.S. Census, mind.Better yet, if you already have
Hispanics are now officially the nation's Hispanic employees in your workforce why
largest minority at nearly 40 million not utilize them as an integral part of
consumers, or 13.7 % of the U.S. the buying experience your company offers
population, having surpassed the Hispanics? You will profit on two
African-American market in size during levels. First, you will energize your
just the past two years. And this group, Spanish-speaking employees by letting
which surged 58% between 1990 and 2000, them know their value to your business,
continues to grow unabated. Younger on empowering them in a way they may not
average by ten years compared to the rest have been before. In addition, the
of the population, and with larger Hispanic customer will immediately
households by almost a third, Hispanics recognize the value you place on their
are the customers of today and business since you have Spanish-speaking
tomorrow.REACHING THE HISPANIC BUYERU.S. sales associates.2.In the interest step,
Hispanics, often also referred to in the gain the commitment of the Hispanic
West and Southwest as the Latino market, prospect to engage in a dialogue. Ask
are a target group unlike any other in clarifying questions such as "What
the American experience. The difference exactly are you looking for?", or "What
is that Hispanics acculturate to their is your need?" or, "May we help you with
life in the U.S., but they are not something?" These are vital questions to
assimilating in the same way as our build on the connection you established
Irish, Italian, Polish, German and myriad earlier and to qualify how you can assist
of other forbears who became Americans by them.3.Now explain what the product or
being blended in the famous "Melting service does which provides the answer to
Pot." The key for this difference is the their requirements. The presentation
Spanish language. Multiple studies from must be delivered so that the Hispanic
firms like Roslow Research and Synovate buyer understands what you are showing
show consistently that two-thirds of all them, and how their need will be
U.S. Hispanics prefer Spanish for satisfied. It is essential that you make
communicating at home and at work, even certain any gap in meaning is closed,
after they become bilingual. There are especially since the Hispanic may lack
many reasons for this phenomenon, but the same level of command of English.
chief among them is the development of a This is where Spanish-language or
national U.S. Hispanic media bilingual sales literature can be
infrastructure, something that no other extremely useful. Finally, listen
ethnic group has ever enjoyed. Hispanics intently and ask if you can restate what
have the ability to find news, you just heard, as this is crucial to
entertainment and information in Spanish gain understanding - both for you and the
on the numerous stations of national Hispanic speaker. It also serves to
television networks like Univision and eliminate or reduce confusion, while
Telemundo that help Latinos prosper in clearly demonstrating your personal
their lives in the U.S. Additionally, respect to the customer.4.At the
other burgeoning Spanish-language media agreement step ask the question, "Does
in the U.S. includes over 600 this product or service look like it will
Spanish-language radio stations, multiple do the job?" If they say "yes," let them
national magazines, major metropolitan know you will now create the agreement
newspapers and the Internet. These media for the product or service. Should they
reinforce in Spanish the Hispanic culture seem hesitant or say "no," ask them to
all Latinos share, while providing further explain to you what they have in
Latinos living ties to each other and to mind. By all means address the customer
their respective home countries.And with empathy, patience and respect while
speaking of the country of origin, it is avoiding a frustrated style of
most often México, just across the U.S. communication. Your role, no matter what
border, and so close that the ties that the buyer's native language, is to make
bind are not broken by a separation of an them feel comfortable with you and be
ocean, as in the case of immigrants who willing to engage you in a positive
came through Ellis Island. So whether fashion.5.The satisfaction step is vital
these U.S. Hispanic consumers hail from for two reasons. First, a satisfied
Cuba, Puerto Rico, Colombia, Argentina, customer will at some point in time be a
or México, they are living the American repeat customer. And if another Hispanic
dream while keeping the connection to asks a satisfied Hispanic where they can
family and friends in their home satisfy a similar need that you can
country.Look around. For example, in key fulfill, they will definitely recommend
markets all over the country, the you. Keep in mind Hispanics depend on
construction and service industries are "word-of-mouth" recommendations from
teaming with Latinos. In the booming family and friends much more than General
construction industry alone, the National market customers. Their recommendation
Association of Home Builders has means you are the first (and most likely)
estimated that Hispanic immigrants are the only source they will go to for that
filling half of the labor jobs product or service.Remember the least
shortfall.That's not all. Next to expensive form of advertising is
women-owned businesses, the highest rate word-of-mouth and the best lead source is
of all new business start-ups nationally someone who knows you. Combined with
is among Hispanics. If you operate in one social proof these are the most powerful
of the ten major urban areas where 75% of reasons people buy. Without them you
all Latinos live, there is no getting could be spending time, money and energy
around the fact that Hispanics are either to build a market that could be available
part of your clientele, or should be, if to you without the need for excessive
you want to continue succeeding in the promotional campaigns. Can you think of
years ahead. Even in more rural areas, a better way to build market share than
the growth in the Hispanic population is by ensuring a pleasant and positive
palpable. In fact, Hispanic Business buying experience for Hispanics?In the
Magazine publishes an annual look at the customer experience everything matters.
fastest-growing Hispanic businesses in That means from the point of the greeting
the U.S., and it reads like a perfect and introduction, where you are taking a
prospecting list no matter what your sincere interest in having the Hispanic
product or service specialty. From prospect as a customer, all the way to
residential builders to air conditioning the point of satisfaction. The so called
contractors to road construction, to 'touches" or interactions make the buyer
janitorial and maintenance companies, to experience positive or negative. It
financial and telecommunications matters even more in the Hispanic market
suppliers, Hispanic businesses are making segment where you are trying to gain a
powerful inroads into every facet of foothold. Remember this universal truth:
business and industry.So how can you take It takes 80% longer to sell a new
this recommended target segment and customer than an existing one. If part
translate it into a strategy to more of of your company strategy is to attract
your products and provide more of your and retain the Hispanic customer, then
services to Hispanic customers?A SHORT every experience, whether large or small
HISTORY LESSONIn order to gain is either contributing to achieving this
perspective on the Hispanic buyer, you goal or detracting from it. Any
only need to recall the day the first experience a buyer has with you will
members of your family landed on the determine how many people they tell - in
shores of their new land as immigrants. this case the members of their Latino
With little or no knowledge of the community.CONCLUSIONCultural diversity is
American culture, your forbears suffered a fact of the evolving U.S. business
from broken familial ties, the lack of a world. Therefore, be proactive with your
familiar social infrastructure and little staff. Insist they treat every customer
resource awareness. Most daunting of all, equally with dignity and respect. Spend
probably they did not speak English. If time in a company staff meeting
they wanted to cross over into American reinforcing the notion that courteous,
society, they were the ones who had to patient listening is the key to improved
reach out.You can be sure that they all business. Point out to your staff that
were looking for the some measure of successful communication is, and has
respect and acceptance in their new always been the key to improved sales.
country. They were seeking to improve And, unsatisfactory communication means
their lifestyle, and they wished to raise lost sales. These truths endure not just
their families in an environment that for the base of customers you have today,
promoted equality and stressed the value but also for the additional base of
of education.In the same way, the most customers you wish to attract among the
basic tenet of doing business with those growing Hispanic market.This article was
of Hispanic heritage is to have empathy co-authored with Joe Albonetti.Joe
for their situation. Recognize that in Albonetti is Founder and President of
order to gain a significant share of Latino Landia USA, Inc., which is a
their business you must treat and speak Hispanic marketing and communications
to them with dignity and respect. firm specializing in assisting companies
Recognize as well that your potential reach the growing Latino market.He may be
Latino customer is in a land and culture reached at (949) 502-8822 or Don McNamara
that is not totally comfortable to them is a Certified Management Consultant
yet. But also accept the fact that unlike (CMC) and is President of Heritage
previous immigrant groups, Hispanics in Associates, Inc. Associates is a full
the U.S. can operate in Spanish just as service sales management consulting,
comfortably as if they were back in their training and coaching company. Don also
native country. In other words, you must speaks and writes on the art and science
reach out to them, or they will do of superior sales management and top
business with those who do.HOW TO BUILD sales performance.With over 30 years
HISPANIC SALES WITH A FIVE-STEP sales experience from the field level to
PROCESS1.Gain their attention in the executive sales management, in his career
approach by reaching out to Latinos in he has been an individual contributor,
Spanish. This does not take a heavy-duty corporate sales training manager,
language course. Quite the contrary, regional manager, national sales manager
simple phrases and everyday language will and vice president of sales. Don is a
be greatly appreciated, and they member of the Institute of Management
demonstrate your interest, as does Consultants, where he serves as
signage in Spanish that welcomes them Professional Development Chair and the
into your retail establishment. Phrases National Speakers Association.For a free
as simple as "Buenos días. ¿En que e-newsletter contact Don McNamara at or
puedo ayudarle a usted?" ("Good morning. by phone (949) 230-4363.




www.soul-journey.com keyword stats [2007-05-17-2007-05-17]


Other search phrases:

hispanic culture queens of the stone age new
new age journal religions in america
guitar tab sheet healing stone
age of consent new order ancient india religion
new age show white gold jewelry
faith spirituality school spirit
new age center nyack new age hairstyles
asian culture the new media age
spirit air faith healer
training certification new age piano music
new age industries amazing grace music
mark twain quotes islam christianity and judiasm
training skills





1- A- B- C- 2- 3- 4- 5- 6- 7- 8- 9- 10- 11- 12- 13- 14- 15- 16- 17- 18- 19- 20- 21- 22- 23- 24- 25- 26- 27- 28- 29- 30- 31- 32- 33- 34- 35- 36- 37- 38- 39- 40- 41- 42- 43- 44- 45- 46- 47- 48- 49-