Minority Professional Network (www.MPNsite.com)
  • HOME
  • EMPLOYERS
  • JOB SEEKERS
  • CALENDARS
  • BUSINESS DIRECTORY
  • NONPROFIT DIRECTORY
Google
  • Advertise
    • Standard Rate Card (pdf)
    • CLICK HERE to PURCHASE
    • View ALL General Ad Options
    • View ALL Employer Solutions
    • Job Posting Packages
    • Dedicated (Solo) e-Blasts
    • e-Newsletter Display Ads
    • Online Displays (single page)
    • Online Displays (multi-page)
    • Featured Calendar Listings
    • Featured Business Listings
    • Featured Nonprofit Listings
  • About MPN
    • About Us
    • General Overview
    • Employer Overview
    • Marketing Collateral Info
    • Site Reference Guide
    • MPN Jobs & Affiliates
  • Post FREE Content
    • Post FREE Calendar Listings
    • Post FREE Business Listings
    • Post FREE Nonprofit Listings
    • Post Articles/Press Releases
    • Post Student Resources
    • Post Link Exchanges
    • Post Resumes
  • Archives
    • View Photo Galleries
    • View Graphical Archives
    • View e-Newsletter Archives
    • View e-Blast Archives
  • Resources
    • Legal Resources
    • Student Resources
    • Health & Wellness
    • Entrepreneurial Resources
    • Wealth Accumulation
    • Career Events
    • Book Channel
  • Partners
    • Link Partners
    • Trade Partners
    • E-Commerce Partners
    • Travel Partners
  • Subscribe
  • Email Us
  • Contact Us
MPN Diversity Recruiters | Client Direct Hire Career Opportunities Alert | www.mpnDiversityJobs.com/company/2761/mpn-diversity-recruiters
 

MPN Launches Enhanced Job Board Site - www.mpnDiversityJobs.com | New Look | User Friendly | Mobile Friendly | Interactive

MPN NEWS, ARTICLE, PRESS / BOOK RELEASE LISTING

 
 
 
 
 

  VIEW NEWS, ARTICLE, PRESS / BOOK RELEASE LISTING DETAILS BELOW

Minority Professional Network (MPN) Job Board (www.MPNdiversityJobs.com) Quick Links and Site Reference Guide

Minority Professional Network (MPN) Global Web Portal (www.MPNsite.com) Quick Links and Site Reference Guide

Minority Professional Network (MPN) Advertising Rate Card (Jobs, Display Ads, Video Ads, Featured Listings, Solo Blasts, e-Newsletter Ads, Social Media)
 

 

Article / Content Title:

Content Article

Synopsis /  Author Bio

Author's Name

Bruce Barr - GfK Group

Phone

(609) 683-6100

Web Site

www.gfk.com

Email

CLICK HERE

Author / Content Text 

Hispanic Americans Choose Wal-Mart As Store That Does Best Job Of Catering To The Hispanic/Latino
Consumer According To GfK North America Study
- Price And Convenience of National Discount Chains Trumps Specialized Products And
Spanish-Friendly Nature Of Local Stores -

New York, November 15, 2006GfK Omnibus Services, a division of GfK Custom Research North America, today announced results from its Hispanic OmniTelĀ® Retail Study revealing where Hispanic Americans are shopping and why. Additionally, when asked to name which major store or retailer they felt does the best job of catering to the Hispanic or Latino consumer, Wal-Mart was far and away the top selection at 35%. Home Depot was a distant second at 7% and Target was third at 5%.

Key Findings From The Hispanic OmniTel Retail Survey
The new study was conducted in October 2006 among 502 Hispanic Americans aged 18 and older nationwide via telephone. Respondents were given the choice of completing the survey in English or Spanish.
Asked which factors are most important when deciding where to shop, Hispanic Americans cited the same priorities that other Americans have when choosing retailersconvenience, low prices, and a wide range of merchandise. However, a critical second-tier of priorities that is unique to the Hispanic market is cited by about half of Hispanics as being "very important", including store employees speaking Spanish, products relevant to Hispanic consumers and Spanish language signage. Following is a breakdown of factors considered very important in choosing a shopping destination:

Low prices: 75%
Convenient location: 69%
Wide range of merchandise: 66%
Employees who speak Spanish: 51%
Wide range of payment options: 49%
Products relevant to Hispanic consumers: 48%
Spanish signage: 47%
Product packaging and labels in Spanish: 43%
Owner is a member of the local community: 33%
Based on priorities of Hispanic shoppers it is no surprise that national discount chains such as Wal-Mart and Target are frequented even more often than local stores that specialize in serving Latino and Hispanic customers. Asked about their retail shopping habits, following is a breakdown of the types of stores respondents say they shop in often:

National discount chain stores such as Wal-Mart or Target: 56%
Local stores that specialize in serving Hispanic and Latino customers: 37%
National home improvement stores such as Lowe's or Home Depot: 32%
National mid-priced department stores such as Kohl's, Sears or JCPenney: 23%
Electronics, entertainment or appliance stores such as Circuit City or Best Buy: 15%
Specialty clothing stores such as the Gap or Old Navy: 12%
National upscale department stores such as Macy's, Nordstrom or Lord & Taylor: 10%
Sporting good stores such as the Sports Authority: 8%

The survey shows that mainstream national retailers such as Wal-Mart and Target are highly attractive to Hispanics, but that the key to differentiation stems from meeting and delivering the unique needs of Hispanic consumers," explains Bruce Barr, Vice President, GfK Omnibus Services. "To stand out with Hispanics, retailers need to consider offering such things as Spanish-speaking sales clerks, Hispanic-oriented merchandise, and Spanish language signage. Wal-Mart has clearly demonstrated they have taken the next step in their marketing efforts to ensure they have catered to the Hispanic consumer effectively."

About Hispanic OmniTelĀ®
GfK's Hispanic OmniTel is a monthly survey of the Hispanic American market that represents all Hispanic American adults nationwide. Conducted in English and Spanish, Hispanic OmniTel is a reliable and cost-effective national telephone omnibus survey that helps marketers understand the lifestyles, buying behavior and unique perspectives of Hispanic Americans.

For more information contact Bruce Barr at (609) 683-6100 or bruce.barr@gfk.com.


 

_____________________________________________________________________

 
DISCLAIMER: Our aim is to continuously provide our progressive audience with an open and interactive medium to view and share relevant, beneficial and interesting "career, economic, lifestyle and networking" listings, ads, content and resources.  While the above information may be accurate and viable, the role of Minority Professional Network, Inc. (MPN) is strictly as a communications medium, and we do not accept any responsibility for cancellation, changes, errors, omissions, inconveniences, or any other form of liability for any content displayed or disseminated via our web sites, or e-marketing or social media promotional services.  If there are any doubts, we encourage you to conduct additional research or contact the listed host or responsible entity.

CLICK HERE to inform us about any ads, listings or content which appear to be inappropriate, fraudulent or misleading, or inconsistent with our theme and focus.
 
  • GENERAL INFO

    About Us

    Contact Us

    Email Us

    General Overview

    Employer Overview

    Subscribe
  • ADVERTISING

    Purchase Now

    Ad Rate Card

    Clients & Advertisers

    Employer Solutions

    General Advertising

    Marketing Collateral
  • POST CONTENT

    Post Resume

    Post Events

    Post Articles

    Student Resources

    Register Business

    Register Nonprofit
  • VIEW LISTINGS

    JOB SEEKERS

    Career Fairs

    Calendar Events

    Non-Profit Directory

    Business Directory

    Text Link Partners
  • VIEW RESOURCES

    Student Resources

    Legal Resources

    Health & Wellness

    Entrepreneurial

    Wealth Accumulation

    Book Channel
  • VIEW ARCHIVES

    Photo Archives

    e-Blast Archives

    e-News Archives

    Display Archives

    e-Comm Partners

    Travel Partners
  • Copyright© 1998-2014 Minority Professional Network, Inc. (MPN)

    The Global Career, Economic, Lifestyle and Networking Connection™ for Progressive Professionals
    Multicultural Recruiting, Marketing, Advertising, Event Planning & Training Solutions (Online, e-Marketing, Offline)
    A Viable Source of Top Talent™ for Multicultural and Diversity Focused Employers

    Wholly owned brands, subsidiaries and web domains include:
    MPN | MPN Consulting Services | MPN Diversity Recruiters | MPN Event Services | MPN Training Services | MPNJobs.com
    Minority Professional Network | Diversity Professional Network | Multicultural Professional Network | MPNsite.com | MPNmail.com