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HISPANIC MARKETING RESEARCH MADE
EASY
MRSI launches ENFOQUESM 3-step Solution to Help Marketers
Overcome the Challenges of Understanding and Reaching
Hispanic Consumers
CINCINNATI, April 13, 2005
- MRSI (Marketing Research Services Inc.), a leading
custom marketing research provider, introduces ENFOQUESM,
a 3-step Hispanic marketing research solution designed
to simplify the research process for companies marketing
to Hispanics in the United States. As the U.S. Hispanic
population and its buying power skyrockets, marketers
across industries are scrambling to reach this group.
However, conducting effective marketing research among
Hispanics can be challenging as marketers learn about
this market. ENFOQUE helps marketers overcome the challenges,
making it easier to identify, understand, and connect
with the 40 million plus Hispanic consumers potentially
in their target markets.
ENFOQUE, meaning "focus," is comprised of 3 steps: Discover,
Explore, and Grow. It ultimately benefits clients by
taking the guesswork out of researching the Hispanic
market. ENFOQUE's step-by-step process and MRSI's Hispanic
market expertise help clients navigate the challenges
of conducting Hispanic research such as understanding
how social and cultural influences, acculturation, and
other research considerations affect this group and
the research results.
Each step uses a customized mix of both quantitative
and qualitative research tools. Step one, Discover,
focuses on helping clients understand which Hispanic
consumers to target. Step two, Explore, determines the
best communication and product strategies. Step three,
Grow, helps clients measure the impact of marketing
initiatives on the Hispanic market and identify ways
to further increase market share.
MRSI's Chief Operating Officer, Todd Earhart, comments,
"The Hispanic population in the United States has grown
tremendously since 1990 and the trend is expected to
continue. Marketers recognize the necessity of marketing
to this group, but the issue here is: how do we do it?
There seems to be a 'fear of the unknown' when it comes
to Hispanic marketing, and particularly Hispanic research.
MRSI has spent years conducting research among Hispanics
and we know how crucial it is to fully understand the
nuances of this market when developing Hispanic marketing
strategies. Yet often the need to conduct this research,
although acknowledged, is ignored because marketers
don't know exactly how to go about it. That's where
MRSI and ENFOQUE come in."
Miguel Martinez-Baco, MRSI's Vice President of Hispanic
Services, adds, "Sure there are other companies out
there who offer Hispanic research services, but we take
it a step further. By demystifying the process with
ENFOQUE, the task of developing a Hispanic research
program becomes less daunting. We're saying 'here's
a road map of all the steps involved in conducting effective
Hispanic research, and you can rely on our Hispanic
expertise to guide you along the way.' We offer peace
of mind to marketers faced with this new opportunity,
and that's invaluable."
MRSI (Marketing Research Services Inc.) has been providing
full-service marketing research among the general market
since 1973 with proven Hispanic research expertise earned
through years of experience across industries such as
consumer products, financial services, apparel, utilities,
restaurants, and pharmaceuticals. The company consistently
ranks in the prestigious "Honomichl Top 50" list of
the top research firms in the United States, published
annually in the American Marketing Association's Marketing
News magazine. MRSI provides custom quantitative and
qualitative research solutions for consumer and business-to-business
companies. MRSI assists clients in all phases of their
research projects, from study design, questionnaire
development and data collection, to analysis and reporting.
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