Tag Archive: > Social Media


According to recent Census data, the purchasing power of Hispanics will surpass $1.4 trillion by 2013. Furthermore, according to Mintel, Hispanics spend a greater share of their total house income on the food and beverage category – 16% vs. 13.4% for non-Hispanics.

Did you know:

  • Latino Facebook users grew 167% from April 2010-April 2011. General market grew only 21% *
  • 54% of Latinos regularly use Facebook (vs. 43% General Market) ++
  • 63% of Latin women who regularly access social networks do so in order to look for recommendations on products and services before making their purchase decision
    • Of those women, a staggering 70% say there is a higher chance of purchasing a product when it is recommended +++
    • 87% of Latina women access Facebook on a weekly basis. Of those, nearly 25% have made a purchase based on comments or recommendations +++
    • 50.6% of Latino Facebook users prefer English
    • 12% of Hispanic adults access social networks from their mobile phones+
    • 59% of US Latinas trust brand/product comments on social networks more than traditional ads (Sophia Mind Survey, 2010)

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Fiat Spain has launched a new app called Fiat Street Evo. It recognizes traffic signs and transforms them into features of the new Punto Evo, a car that’s targeted to a younger, more tech-savvy crowd. The app recognizes traffic signs as if they were QR codes, associating each sign with a feature directly related to that sign. For example, a STOP sign will tell the user all about the new breaking system, a CURVE AHEAD sign will tell the user that the car has an intelligent lighting system that guides you in curves. The list goes on with every feature of the car. Pretty cool stuff, and incredibly successful, as you’ll see at the end of this clip.

http://youtu.be/zomopCe-DGA

 

In the last few years, the US has experienced a boom in both social media and craft brewing. Companies can now connect directly to their fan base and potential consumers more than ever, allowing craft brewers to spread their word in ways that weren’t possible just five years ago.

Most craft brewers have a miniscule marketing budget, and who needs it? With social media, they can connect with consumers for next-to-nothing. It’s easy to get your name out there with social media, generating word-of-mouth buzz at rates never seen before. All you need to do is be interactive with your fans. People are hungry for information about any kind of craft beer. If breweries aren’t paying attention, they’ll lose share.

Let’s take a look at a few craft brewers to see how they’re using social media to get the word out.

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While spirits – thanks in part to their diversity from white to dark – remain the most popular alcoholic beverage enjoyed by consumers in 2009-2010, the beer market is anything but flat. What might be surprising is that craft beers, with their emphasis on small, independent brewers dedicated to traditional/full flavor brews are driving market growth.

According to Mintel research published in Beer: The Consumer—U.S., December 2010, 33% of all beer drinkers aged 21 and up are drinking less imported beer because they’re drinking more domestic craft beer instead. It’s true that only a modest 13% of beer drinkers say they prefer domestic craft or microbrew beer (compared to 43% for domestic and 22% for imported), but about six in 10 respondents indicate they’d like to try them, and more than half would try more craft beers if they knew more about them.

Thanks to an upsurge in social media, and the trend toward local and sustainable products, craft beer’s popularity has grown substantially in the past five years. Mintel research indicates it’s the most popular with 25-34 year-olds, a market ripe for targeted marketing efforts. Efforts that educate the beer-drinking consumer as to heritage, ingredients, flavor, and a sense of inclusion in the craft beer community will be what consumers tap into for years to come.
Garima Goel-lal, Senior Consumer Analyst – Mintel / Oxygen
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