Terra´s Third comScore Digital Study Shows Hispanics´ Purchasing Funnel Fueled by Mobile and Social Engagement by latinvision media
MIAMI, July 25, 2012 /PRNewswire via COMTEX/
-- Terra´s Third Hispanic Digital Consumer Study by comScore analyzes Hispanic
consumer behavior proving that Hispanics are more socially engaged on the
Internet, over-index in mobile device ownership and increasingly make purchases
from these devices. Hispanics continue to pave the way for digital consumers in
the U.S. as trendsetters and early adopters of new technology. The study also
found that Hispanics are significant entertainment consumers and digital
advertising engagement continues to trend upward.
Hispanics are tech savvy and socially
engaged on the Internet and as a result, are more likely to self describe as
trendsetters, risk takers and new gadget lovers. They are more likely to own and
intend to purchase the latest personal electronic devices including;
smartphones, tablets, music players and game consoles.
Hispanics continue to outpace non-Hispanics
with the adoption of smartphones, an increase from 43% in 2010 to 57% in 2012
compared to an increase from 36% in 2010 to 46% in 2012 for non-Hispanics.
Hispanics have taken the smartphone adoption a step further by using them to
research and make purchases more than non-Hispanic consumers in every category.
During the purchasing funnel, Hispanics are more likely to use social, mobile
and online content as resources.
"For Hispanics it goes beyond setting
trends. It is a digital lifestyle where mobile is now the primary device and
this study provides new insight as to why this connectivity is so relevant to
the Hispanic consumer," said Fernando Rodriguez, CEO of Terra USA. "Mobile
technology has so naturally integrated into the lives of Hispanics and they are
aware of the fact that they are forging these digital trends," concluded
Rodriguez.
Another key finding is that digital
advertising plays an increasingly important role in the purchasing decision
process for Hispanics. They are more likely to remember brands advertised on
portable devices and are motivated to visit brand websites and/or retail stores
as a result of digital advertising and social posts. In fact, 38% of Hispanics
agree that they are more likely to visit branded sites and retail stores
compared to just 24% of non-Hispanics.
Terra´s 2012 Hispanic Digital Consumer Study
by comScore takes an in-depth look at Hispanics´ interaction with eight specific
advertiser categories including; Automotive, CPG, Entertainment, Financial
Services/Insurance, Retail, Technology, Telecom and Quick Service Restaurants
(QSR). Hispanics´ e-commerce purchases across categories outspend the average
Internet user on automotive accessories, computer software, home appliances,
laptop computers, online service subscriptions, toys/games, travel packages and
more. The study also includes Hispanics´ intent to purchase and the amount they
plan to spend in each of these categories.
The research shows that Hispanics
significantly keep up with the latest movie releases through online campaigns
and they consider themselves movie buffs. Hispanics are more likely to look up
movie show times, theater locations and purchase movie tickets from mobile
devices. They are also more likely to listen to music on their phone and
download music. Hispanics stream and download digital music for free more than
non-Hispanics who are more likely to consume music traditionally from the radio.
The Hispanic consumer is very shopping savvy and will research, access and
redeem incentive options online.
Terra´s study confirms that Hispanic
consumers are active digital trendsetters and continue to be at the forefront of
embracing mobile, social and digital technology while influencing overall
digital consumer behavior in the U.S.
MethodologyA nationally representative
sample of 3,048 Hispanic and non-Hispanic consumers participated in the survey
portion that was fielded from February 29-March 14, 2012, whose data was
weighted to national online targets for age, gender, household income, and
region of residence, and (for Hispanics only) language preference. Additionally,
using comScore´s panel of one million people in the United States who have given
comScore explicit permission to capture their browsing and transaction behavior,
panelists´ online behavioral was passively observed for the study from January-
March 2012.
About Terra
Terra is a leading global digital media company
that reaches a monthly audience of nearly 100 million people interested in
entertainment, sports, and news content across multiple platforms.
Chosen as one of the "2011 Most Innovative
Companies" in the world, by Fast Company magazine, Terra has revolutionized the
way consumers find and enjoy digital content in 19 countries, being the first
company to broadcast live news, music concerts, summer and winter Olympics on
the Internet.
Over its 12-year history, Terra has
developed a strong presence in the United States and has become a leader in
Latin America where its products Sonora and Terra TV reshaped the digital music
and video landscape.
SOURCE: Terra