Hand over your wallet Señor
The Hispanic purchase process language barrier
Many Clients ask me, “is it important for the full buyer experience to be in Spanish”? Sometimes I just shrug my shoulders and nod slightly…but most times I can’t help myself and say YES, of course! Most of them are very intelligent marketers, why would this part of the process be any different? This is part of any operational readiness plan.
Some industries are regulated much heavier than others. For instance, in the financial sector, there are laws protecting consumers that state if a bank solicits a consumer in a specific language, they must service that consumer in that same language. This prohibits banks from preying on consumers by baiting them in Spanish and confusing them when it comes time to collect on the debt. Unfortunately, it also prevents many banks from wanting to do business with the Hispanic market. Many don’t want to get into the legal mumbo-jumbo that many don’t understand. Many also assume that Hispanics do not have money or that they keep it in their mattresses or send it to family in Mexico. But then there’s WaMu and BofA who have figured it out and that is why they are reaping the benefits of having waiting areas filled with Hispanics.
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