Abasto Magazine

July/August 2014

Abasto Magazine - Guía indispensable para el empresario hispano con noticias de última hora, consejos y directorio empresarial

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English Bonus T here are many ongoing debates about the possibilities experiential marketing strategies offer brands targeting Hispanics. From one-to-one interaction to digital empowerment of shoppers, these techniques have reshaped the marketing landscape in recent years. However, executives and marketers are still wary about the affordability of scaling up personalized and hyper-local strategies. At the very core of this debate, lies the impact that social media has over the way shoppers interact with brands and vice versa. A recent survey by The Path to Purchase Institute showed that 64% of respondents believed that personal experience is the most effective tactic in influencing the way shoppers perceives a brand. The most significant discovery of the survey, however, was the incomparable willingness of shoppers to amplify their brand experience through social media. This path of interaction between brands and shoppers is a perfect way to reduce the costs of hyper-local and personalized marketing, while multiplying one-to-one communication opportunities. So the question remains, where to begin implementing experiential marketing strategies? What population segments are worth planning for? How to enhance customer experiences while nurturing long-term loyalty? The Hispanic population segment offers valuable insights Por: Nery Vázquez, DirecToHispanic Personalized and Hyper- local Marketing Strategies 50 | | Julio/Agosto 2014 Abastoonline.com

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