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ATME 2010 Travel Marketing Conference
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ATME 2010 Travel Marketing Conference

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In This Section >> Know-How | Meetings Mean Business | Maximizing Brand Capital | The Power of Word of Mouth | One Size Does Not Fit All | The New Normal | Marketing In These Challenging Times | The Trust Factor | Tips for Travel Agents | Tourism PR, Post 9-11 | The IBrand | Annual Brand “Tune-Up” | I-Brand Tune-up 2006 |

One Size Does Not Fit All

One Size Does Not Fit All

By Gary C. Sain, CMO/Partner, YPB&R

The African American, Asian and Hispanic markets are the most identifiable, fastest growing, and highly concentrated consumer populations in the US. This is at a time when the non-Hispanic White market is growing very slowly or showing stagnation in several geographic and economic sectors. Travel marketers traditionally have not paid much attention to ethnic consumers. However, now that most core businesses are maturing with slower growth and lower new revenue potential, ethnic consumers have become a more attractive marketplace opportunity.

Consider these factors…

In 2008, the combined buying power of African Americans, Asians, and Native Americans will exceed $1.5 trillion dollars, compared to $456 billion in 1990. This will account for 14.3% of US total buying power, up from 10.7% in 1990. (Selig Center for Economic Growth);

Between 1980 and 2000, the US minority population grew at 11 times faster than the White non-Hispanic population (US Census);

While the general population grew 13.2% in recent years, the African American market has grown 15.6%, Hispanic 57.9%, Asian 40.8% and American Indian 26.4% since 1990 (US Census);

It is projected by 2055; these diverse groups will compile over half of the US population. More than one in four people in the US will be Hispanic.

It is important for travel marketers to understand the attitudinal differences amongst these diverse leisure travelers. This insight can make a huge difference in your strategic planning and the execution of your marketing communications.

A general market message may not be perceived in the same way within the African-American or Hispanic communities as it is within the non-Hispanic White community. In addition, one must also consider the various sub-cultures. The Hispanic community alone has over 27 different nuances! Attitudes, purchasing drivers, historical perspectives, cultural nuances, nostalgic messages, the role of religion, family dynamics, the influence of children, musical preferences, the attractiveness of color, associations with food and scents, and the importance of holidays and celebrations differ across these diverse consumer groups. Marketing communications must be strategically thought out and tailored to effectively resonate with the targeted audience.

For example, according to the 2004 YPB&R/Yankelovich Partners National Leisure Travel Monitor, African Americans have a higher propensity to visit Florida, California and Hawaii for leisure travel than White leisure travelers. In fact, African American leisure travelers have the highest propensity to visit the Hawaiian Islands, National Parks, The Florida Keys, Orlando, New Orleans, San Francisco and New York City. In addition, African American leisure travelers have substantially more interest in going to theme parks, scheduling vacation activities in advance, learning a new skill or activity, getting exercise, shopping, and selecting a hotel/resort with a children’s program than their White counterparts. Having this insight can be critical in being relevant to your targeted audience.

Mass marketing communication will become less and less effective. If a product or service is targeted to a specific audience through the eyes of another culture, it is not likely to resonate in the same way. The Hispanic and African American markets represent substantial purchasing power. Both populations are looking for companies and businesses that invite them in, that cater to their tastes and lifestyles. Companies that do not exhibit respect for these consumers will pay the ultimate price…very little business. This also includes all sellers of travel, including travel agents. Travel marketers should not only focus on the marketing communications; but also the relevance of the functional and emotional benefits of their products and services in a diverse marketplace. “Built for me” is the new mantra for travel executives in this very diverse marketplace. Remember…it’s all about me!

One size does not fit all. Travel marketers who have the insight to properly communicate and deliver on their brand promise to their multicultural audience will create new customers. And who doesn’t want new customers!

YPB&R/Christian is a consulting/communications firm specializing in diversity marketing. For more information, please contact Gary C. Sain at gary_sain@ypbr.com or 407-875-1111.

© 2004

 

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June 15-16, 2010
ATME 2010 Travel Marketing Conference
Boston, MA