Social media in Spanish can boost your ROI
Social media has quickly become one of the top ways that businesses market their products and services. Many are also seeing the benefit of marketing to their customers in Spanish. Now, companies are combining the two: social media in Spanish. Why? Check out these numbers…
According to a recent Nielsen report, Hispanic buying power is estimated to grow by 50% between 2012 and 2015. Currently, this population’s buying power is $1 trillion. Prefer a visual? This infographic from Nielsen further shows the current usage trends of social media by Latinos.
So, what can your business do to make strides in marketing to Latinos? The answer depends on what social media networks you utilize to reach your customers. Facebook, Twitter, Instagram and blogs are outstanding resources for Latinos looking for information on products and services. Many will want to have more information before making an informed decision about a purchase. Therefore, the first step is to know where your target customers hang out.
Second, once you have an idea of the platforms you’ll utilize to reach this population, consider the ways in which you’ll market your business to Latinos or other ethnic populations. Trivia, giveaways, reviews by bloggers and consistent outreach via social media platforms will allow you to begin to form a strong relationship between you and your customers. Language is the first step, and it’s vital to get it right. Proper translation of your materials is critical to making sure your message is received in a positive way. Along with translation or transcreation of your materials, knowledge of trends and culture will take you even further.
Finally, a key for future growth is tracking the return on investment (ROI). Are you noticing a positive response on your Spanish–language Facebook page or Twitter feed? Do you have more followers on Instagram due to publishing images that capture the attention of a Latino audience? Once you evaluate what works for your business, keep doing it! Consistency and relationship building is key in reaching consumers in their own native language.