According to eMarketer's Nov. 29 release, the future growth in the digital population will come from minority audiences.
Next year, eMarketer forecasts 32.2 million Hispanics, or 62.9% of the U.S. Hispanic population, will be online.
Hispanic online population to grow by nearly 10 million people between 2010 and 2014, said the report.
"These audiences appreciate genuine efforts by marketers to understand them and communicate messages that resonate, which means more than including a demographically diverse cast in a mainstream television commercial or high-gloss magazine ad," said Lisa E. Phillips, senior analyst at eMarketer. "Brands that ignore the multicultural audience will find themselves ignored by a powerful segment of the population."
Marketers who are beginning to up their budgets as they put the recession behind them will do well to remember that minority groups are only increasing in importance online. Advertisers must remember they make up an ever-greater portion of the audience of all media, but spending on Spanish-language and African-American media is also a must, according to the eMarketer article.
Research from the Association of National Advertisers says more than half of US marketers would be increasing multicultural spending on both traditional and newer media.
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women