Published: October 18, 2004
Hispanic Cohorts(R): The First Hispanic-Based Household Segmentation
Cohorts(R) Introduces Powerful New Marketing Tool for Reaching Largest U.S. Ethnic Market

Cohorts, the first company to introduce
household-based segmentation, introduces the first Hispanic household-based
segmentation product, Hispanic Cohorts.
Comprising 19 unique and diverse consumer segments within the American
Hispanic community, Hispanic Cohorts collectively offers marketers the
ability to understand the demographics, lifestyles, attitudes and
behavioral characteristics of this fastest-growing -- and largest -- ethnic
market in the United States. The segments include such disparate groups as
Isabel (Successful Career Women), who is highly acculturated into American
culture and society and Domingo y Sylvia (Modest Income Grandparents), who
still predominately speak Spanish and feel loyalty toward Spanish
advertising and media.
"It is important for marketers to recognize that the Hispanic marketplace
is not homogeneous," said Scott Schroeder, president and CEO of Cohorts.
"Hispanic Cohorts is the only tool that enables marketers to understand the
consumer behavior differences within the fast-growing Hispanic market and
then version their messages appropriately for each distinct consumer
group."
For example, Isabel adores shopping and, although she loves a good sale,
price is not a concern if it's something she really wants. She buys --
often impulsively -- over the Internet, through catalogs and in her
favorite stores. Alternatively, Domingo y Sylvia rarely go shopping and
when they do, it is because their favorite store is having a sale on
"life's necessities." They don't use the Internet or buy from catalogs --
they must see it, feel it and touch it in order to buy it.
"Marketers who don't distinguish between Isabel's and Domingo y Sylvia's
shopping habits waste their valuable marketing dollars and are potentially
alienating what could be very profitable customers," Schroeder added.
"Hispanic Cohorts provides the data marketers need to version offers that
will be relevant and well-received by each Hispanic Cohort segment."
Developed to meet the growing demands of its Fortune 500 clients and
prospects, Cohorts created Hispanic Cohorts to assist larger, more
sophisticated marketers looking to better target and connect with the
Hispanic marketplace.
"Hispanic Cohorts will help Cohorts clients develop and execute
Hispanic-focused marketing that's consistent with their already established
and successful overall marketing efforts," said Schroeder.
Rather than focusing on cultural heritage (e.g., Mexican and Puerto Rican),
as a means for segmenting the Hispanic community, Hispanic Cohorts is based
on the recognition that socio-economic and familial circumstances drive
most consumer behaviors, even more so than specific cultural heritage.
Two experts in Hispanic marketing -- Integra Relationship Marketing (one of
the largest dedicated Hispanic direct marketing agencies in the United
States) and Simmons Market Research Bureau (the leader in syndicated
Hispanic research) -- provided strategic insight that assisted with the
development of Hispanic Cohorts. Both companies will incorporate Hispanic
Cohorts into their product offerings.
"Hispanic Cohorts is going to be the most important tool in our kit, as it
gives us the ability to understand the Hispanic marketplace in all its
diversity, thereby allowing us to develop much more robust direct marketing
efforts," said Steve Longley, president of Integra Relationship Marketing.
"Hispanic Cohorts has arrived just in time. As Hispanic marketing in this
country matures, Integra clients are demanding the ability to target and
effectively message their Hispanic direct response campaigns with the same
precision they achieve in their broader marketing efforts."
In addition to Simmons research being used to provide a more comprehensive
understanding of the Hispanic Cohorts segments, Simmons will offer its
clients Hispanic Cohorts as part of the company's National Hispanic
Consumer Study (NHCS) license.
"Hispanic Cohorts represents the next logical step forward in
state-of-the-art database marketing approaches toward improving the
effectiveness of Hispanic marketing efforts," said Chris Wilson, president
of Simmons Market Research Bureau. "For the first time, database marketers
can combine Simmons syndicated research with household-based segmentation
to enhance their Hispanic database marketing efforts."
Hispanic Cohorts is immediately available to Cohorts clients and
subscribers of Simmons' National Hispanic Consumer Study (NHCS) license.
About Simmons Market Research
Simmons Market Research Bureau is America's leading provider of consumer
product purchase, shopping and media usage behavior, as well as detailed
demographic, psychographic, lifestyle and attitudinal descriptions. Simmons
surveys more than 30,000 people annually to produce the National Consumer
Adult, Teens and Kids Studies. Each of these reports provides individual
and household information on approximately 8,000 brands in more than 450
data categories. Simmons' proprietary BehaviorGraphics(TM) and other
segmentation systems provide unique and powerful capabilities to segment
consumers by lifestyle, attitudes, shopping frequency and volume, price
preference, entertainment consumption, media usage and myriad other
descriptors.
About Integra Relationship Marketing
Dedicated to serving the Hispanic market, Integra Relationship Marketing is
a premier provider of direct marketing and CRM solutions. Integra is led
by a core group of Hispanic marketing thought leaders with national and
international brand experience and established roles in diversity
leadership. The New York and Princeton based tri-lingual shop specializes
in Hispanic strategic planning, targeting, segmentation and creative
development. Integra works with leading Hispanic marketers including
Chase, AOL Latino, General Motors, Colombia House Latino, and Kaiser
Permanente. Integra is a member of the Interpublic Group of Companies,
Inc.
About Cohorts
Cohorts helps marketers get the right message to the right household,
significantly improving the effectiveness and ROI of data-based marketing
initiatives and strategies. This integrated household-based segmentation
and marketing tool enables marketers to understand the distinct types of
customers they serve, precisely identify multi-channel marketing
opportunities, create customized communications and marketing programs, and
craft actionable market research. Cohorts analyzes and describes consumers
in terms of their demographics, lifestyles, attitudes and behaviors, as
well as their interactions with marketers -- such as what consumers buy,
how much they spend and their preferred channels of purchase.
About the Company
Experienced in database marketing applications, market research and
database development, the Cohorts staff works with leading customer-focused
companies like Cablevision, Cendant, Choice Hotels International, Current,
Harrah's Entertainment, InterContinental Hotels Group, La Quinta
Corporation, Madison Square Garden, Proflowers.com, The Venetian
Resort-Hotel-Casino and Value Link. The company specializes in a variety of
industries, including financial services, hospitality, insurance, retail
and telecommunications, and works with key strategic partners, including
Equifax, Experian, MRI, Scarborough Research and Simmons Market Research
Bureau. Cohorts is a registered trademark of Looking Glass, Inc.
For more information, visit www.cohorts.com or contact Kelley Eckler at
Cohorts, 1624 Market St., Suite 311, Denver, CO 80202; (303) 893-8600; fax
(303) 893-8611; or keckler@cohorts.com.
Copyright © 2012, MarketWire
Copyright © 2012, NewsBlaze,
Daily News