{"id":43429,"date":"2015-11-11T14:01:00","date_gmt":"2015-11-11T15:15:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/ahaa-study-financial-services-and-insurance-companies-boost-overall-revenue-growth-with-increased-hispanic-ad-spend\/"},"modified":"2015-11-11T15:04:03","modified_gmt":"2015-11-11T19:04:03","slug":"estudio-de-la-ahaa-las-companias-de-seguros-y-servicios-financieros-impulsan-el-crecimiento-general-de-los-ingresos-con-el-aumento-de-la-inversion-publicitaria-hispana","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/estudio-de-la-ahaa-las-companias-de-seguros-y-servicios-financieros-impulsan-el-crecimiento-general-de-los-ingresos-con-el-aumento-de-la-inversion-publicitaria-hispana\/","title":{"rendered":"AHAA Study: Financial Services and Insurance Companies Boost Overall Revenue Growth with Increased Hispanic Ad Spend"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">FAIRFAX, Virginia<\/span>, <span class=\"xn-chron\">Nov. 11, 2015<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0AHAA: The Voice of Hispanic Marketing released a new comprehensive study at the ANA Multicultural Marketing &amp; Diversity Conference which reveals a positive connection between corporate ad allocation targeting the Hispanic market and overall revenue growth for the Financial Services and Insurance sectors. According to the new study, a 5 point shift in advertising allocation from English to Hispanic media results in a Total Market revenue boost of 6.4 points in Revenue CAGR for the Financial and Insurance sectors. <\/p>\n<p>&#8220;This new information is compelling because the data indicates that the Hispanic market can be a big determinant in corporate success,&#8221; said <span class=\"xn-person\">Carlos Santiago<\/span>, chair of AHAA Research Committee and CEO of Santiago Solutions Group. &#8220;Financial Services and Insurance companies not only want to gain market share among their competitors but they also want to provide growth and stability for their investors \u2013 investing in Hispanic marketing is a clear strategy in achieving both these objectives.&#8221;<\/p>\n<p>Financial\/Insurance companies shifted almost <span class=\"xn-money\">$100 million<\/span> in four years to Hispanic Media, at twice the rate of English media increases. Shifts in Hispanic Dedicated Allocation alone explain about 22 percent of the category&#8217;s change in topline revenue growth. The Financial\/Insurance category spends a total of <span class=\"xn-money\">$352 million<\/span> against Hispanic media. On average, it allocates 5.5 percent, or <span class=\"xn-money\">$10.1 million<\/span>, of its advertising budget to Hispanic \u2013 this is a 35 percent increase since 2010. <b>State Farm<\/b> leads the charge in both investment percentage against Hispanic dedicated efforts at 22 percent and total Hispanic ad spending at <span class=\"xn-money\">$109 million<\/span>. <b>Wells <span class=\"xn-location\">Fargo<\/span>, Nationwide, Allstate, JPMorgan Chase, American Family, AFLAC<\/b> and <b>MasterCard<\/b> are close behind, setting the pace of the sector.<\/p>\n<p>&#8220;AHAA&#8217;s research proves that companies applying a Total Market approach with well-funded in-culture Hispanic efforts are more likely to achieve greater overall growth than those marketers integrating Hispanics into their current English efforts,&#8221; said AHAA Chair <span class=\"xn-person\">Linda Lane Gonzalez<\/span>, president of viva partnership. &#8220;The most successful campaigns lead with consumer insights that are then integrated, segmented and aligned \u2013 that is the winning combination driving superior growth performance.&#8221;<\/p>\n<p><b><u>Methodology <br \/><\/u><\/b>Data was collected from Nielsen Monitor Plus which tracked over 340K companies&#8217; advertising expenditures in English and Spanish. This data was analyzed by Santiago Solutions Group for AHAA. SSG divided companies into 5 Tiers according to the percent allocation to Spanish\/Bilingual media: Best-in-Class (more than 14.2%), Leaders (6.4%-14.2%), Followers (3.6%-6.3%), Laggards (1.0%-3.5%), and On the Sidelines (Less than 1%). SSG also segmented the Top 500 Overall Spending (English + Spanish) Companies for years 2010-2014, thus permitting the analysis of trends in the marketplace. Ad Spend Includes spending in Network TV, Spot TV, Cable TV, Radio, Magazines, Newspaper &amp; FSI. It excludes B2B, Display, Outdoor and Cinema.<\/p>\n<p>About AHAA: Founded in 1996, AHAA: The Voice of Hispanic Marketing is the national trade organization of all marketing, communications and media firms with trusted Hispanic expertise. <\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">FAIRFAX, Virginia<\/span>, <span class=\"xn-chron\">Nov. 11, 2015<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212;\u00a0AHAA: The Voice of Hispanic Marketing released a new comprehensive study at the ANA Multicultural Marketing &amp; Diversity Conference which reveals a positive connection between corporate ad allocation targeting the Hispanic market and overall revenue growth for the Financial Services and Insurance sectors. According to the new study, a 5 point shift in advertising allocation from English to Hispanic media results in a Total Market&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-43429","post","type-post","status-publish","format-standard","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/43429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=43429"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/43429\/revisions"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=43429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=43429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=43429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}