As US consumer markets evolve and grow, multicultural marketing has become increasingly critical to a business’s prospects for success. It’s obvious that the demographic tide is turning. Businesses that take the traditional approach and ignore these changes now risk alienating the very ethnic segments that will drive sales in coming years.
So how should marketers in the real estate and financial services industries engage multicultural consumers? Here are some tips from the Gonzales Group to get you started.
Be Informed:
The Gonzales Group recommends that Realtors devote the time and resources necessary to truly understand the vast opportunity that exists in growing multicultural markets. Immerse yourself in the culture get involved in the communities where multicultural consumers live and work, and try to see the world from these consumers’ point of view. This will make it easier for you to make valuable personal connections within these communities — connections that could last for years to come.
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