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Apr 7 2008, 6:14 PM EDT (current) Anonymous 1 word added, 1 word deleted
Aug 1 2007, 4:54 PM EDT Anonymous 1 word added, 1 word deleted

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Market segmentation is critical in order to better understand the consumer mind set of diverse target audiences. When trying to identify the wants and needs of markets such as the Hispanic market both Marketers and Social Marketers may want to consider that Latinos are a complex and fragmented market. Perhaps as fragmented as the general market is. Cubans, Mexicans, Puerto Ricans, Salvadorians and other Hispanics may all sound and look the same, but it is important to understand that the Latino identity is not limited to language, music or family values. At the heart of the culture is a set of adaptable, intricate, and interrelated values.

I would like to share some differences between Latinos and non-Latinos that help me broaden the concept when trying to understand the Hispanic market:

Interpersonal Orientation
Latinos Non-Latinos
Collectivism Individualism
Family Oriented Equality
Power distance Self-development
Respect Self expression


Time and Space Perception
Latinos Non-Latinos
Polychronism Monochronism
Present time Future oriented
Less rigid sense of privacy Rigid sense odof space and privacy
Tradition Results oriented

Spirituality
Latinos Non-Latinos
Catholism Rational
Indigenous beliefs Scientific orientation
Holistic
Relationship with nature
Intuition
Rituals and celebrations

Links: www.nhcc.hq.org