• No results found

The Hispanic Supermarket Consumer

N/A
N/A
Protected

Academic year: 2021

Share "The Hispanic Supermarket Consumer"

Copied!
19
0
0

Loading.... (view fulltext now)

Full text

(1)

Funded by The Beef Checkoff

The Hispanic

Supermarket

Consumer

The Hispanic

Supermarket

Consumer

April 2008 April 2008

(2)

Latinos are the main source of growth for

the grocery industry

Latino households spend 46% more than the general population on

groceries

$133 per week vs. $91 per week, respectively

Hispanics go to grocery stores a whopping 26 times a month

Triple the average of the general population

(3)

3

Hispanics want low prices and

responsive grocery stores

95% find low prices importantHispanics are willing to spend

more time visiting stores to look for quality food

Hispanics value a clean store, courteous employees and high-quality fruits and vegetables

Hispanics want grocery stores to recognize and respond to their cultural differences and needs

(4)

Hispanics use multiple store types

every month

94% of Hispanics shop supermarkets 68% shop discount superstores

56% shop carnicerías (meat markets)

At least half of Hispanics visit bodegas (corner stores) and panaderías (bakeries)

(5)

5

Acculturation level sharply influences

store visitation/choices

Acculturated Hispanic shoppers value convenience and efficiencyUnacculturated Hispanic shoppers

go to ethnic stores with Hispanic foods and products five times more often than acculturated Latinos

(6)

Unacculturated Hispanics visit ethnic

stores more often

Unacculturated Hispanics visit bodegas (62%), carnicerías (58%) and panaderías (54%) more frequently than

acculturated Hispanics

Unacculturated Hispanics spend more on groceries

(7)

7

Income drives store choice

Hispanics with higher incomes

($50,000+) are more likely to shop at warehouse club stores

Latinos with lower incomes tend to shop more at bodegas (60%) and carnicerías (41%)

(8)

Creating an appealing store

environment is essential

Hispanic elements are meaningful to Latino shoppers, especially among the less acculturated

For many Latinos, creating a sense of kinship or connection to the store is critical

“Retailers can establish such an environment by cultivating a bilingual, culturally mindful staff, incorporating Hispanic

elements and adopting a community oriented focus” - Food Marketing Institute

(9)

9

Community involvement is key

Consider community involvement of the retailer to be important when choosing where to shop

Almost 75% of acculturated Hispanics

91% of unacculturated Hispanics

“Store active in local community” is very or somewhat important84% of all Hispanics

88% of unacculturated Hispanics

(10)

Importance of store activities

to Hispanics

Percent rating these elements “Somewhat” or “Very Important”

Carries imported products from

66% 88%

84% Store active in local community

55% 91% 82% Bilingual Packaging 62% 92% 84% Bilingual Store Signs

80% 94%

91% Sells Hispanic Products

68% 96% 88% Bilingual Employees Acculturated Hispanics Unacculturated Hispanics All Hispanics Hispanic Elements

(11)

11

Hispanic shopping habits show high

price sensitivity

Hispanics shop with saving money in mind

Price and convenience are top reasons for choosing their primary store

Unacculturated Hispanics take grocery shopping very seriously

Check flyers, prepare shopping lists, set budgets and avoid impulse purchases for grocery trips

Age and family size determine the amount spent on groceries Most Hispanics do their grocery shopping on weekends

Saturday is the most popular shopping day for almost 40%

(12)

The “fill-in” trip is the favorite

shopping trip of the Hispanic shopper

37% of Hispanic shopping trips are fill-in vs. 25% for the general population

Hispanic shoppers fill in more often but spend less on each trip than general market shoppers ($32 vs. $49)

Hispanic fill-in trips are likely to be for items used by the next dayChildren’s needs drive many of

(13)

13

Latinos want one-stop shopping

The primary stock-up shopper

selects a store that meets a variety of household needs

This shopper takes stock-up trips more frequently than general market shoppers (16% vs. 13%)

(14)

Hispanics rarely buy ready-to-eat

supermarket meals

Only 14% of Hispanic

shoppers purchase ready-to-eat take out foods from a supermarket every time or fairly often

Acculturated Hispanics purchase ready-to-eat foods almost twice as often

(15)

15

Advertising awareness influences

Hispanics for grocery store selection

Direct mail circulars and TV generate the highest recall among Hispanic consumers

74% of Hispanics indicate that supermarket advertising influences where they shop

69% of carnicería shoppers are influenced by advertisingAdvertising awareness for

supermarkets is higher among acculturated Hispanic shoppers than unacculturated (77% vs. 64%)

(16)

Online 16 hrs/wk* Index 114 Radio 25 hrs/wk Index 112 Television 31 hrs/wk Index 142 Magazines 2 hrs/wk Index 90 Newspapers 5 hrs/wk Index 85

Hispanics over-index in TV and radio

consumption vs. general market

(17)

17

Language plays critical role in

reaching unacculturated Hispanics

Two-thirds of unacculturated Hispanics speak and read very little or no English

82% of acculturated Hispanics speak Spanish well or very well, with 40% of them speaking Spanish at home more than half the time

Less acculturated Hispanics have higher recall rates for supermarket ads in Spanish (32% vs. 22%)

Only 23% of unacculturated Latinos use English-language media

(18)

Coupon redemption among Hispanics

is low

About 25% of Latinos use coupons

56% of Hispanic consumers report they rarely or never use coupons

Acculturated Hispanics use coupons more often than unacculturated

Hispanics

Spanish-dominant Latinos may not use coupons printed only in English

(19)

Funded by The Beef Checkoff

Thank you

Thank you

References

Related documents

Since the boundary layer flow and heat transfer of the nanofluid are affected by the variable viscosity parameter and the nanofluid particle volume fraction parameter, the main

63 Thus, courts must evaluate whether employer health plans that provide comprehensive medical care (including coverage for preventive prescription drugs used only

I intend to analyze how Disney reframes the original concept of Confucian filial SLHW\ WR PHHW WKH JOREDO XQGHUVWDQGLQJ RI 'LVQH\¶V DXGLHQFH DQG how 'LVQH\¶V IXQGDPHQWDO

The second chapter is a review of the previous studies and researches regarding destination image; its definitions, importance, components, formation, process of destination

As to the multi-parameter results, the energy saving rate can vary by up to 18.9%, and reducing the floor height is observed to be the most effective means of reducing annual

Summary of Information Note – BCP Capital Increase reserved for BPCE Maroc 17 • The acquisition of property securities for the amount of 1.7 billion Dirhams (at