by Russell Boniface
Associate Editor
Chiqui Cartagena, a leading U.S. expert on the red-hot Hispanic market,
addressed attendees on Friday, June 9, presenting “Latino Boom!
Everything You Need to Know to Grow Your Business in the U.S. Hispanic
Market.”
Cartagena, who has been dubbed a “Hispanic media war veteran,” is
managing director of multicultural marketing and communications for New
York-based Meredith Integrated Marketing. She has 20 years’ experience
developing America’s most successful Spanish-language consumer
magazines, including People en Español, TV Guide en Español,
Advertising Age, Creativity, and Madison + Vine, as well as Web sites
AdAge.com and AdCritic.com. A native of Madrid, Cartagena has received
many honors for her pioneering work in Hispanic marketing and critical
acclaim for her recently published business primer on the Hispanic market,
Latino Boom! Everything You Need to Know to Grow Your Business in the
U.S. Hispanic Market.
The perfect market
Cartagena gave attendees a compelling overview of the growing Hispanic
market and how it presents an opportunity in home design for architects,
calling it “the perfect market.” She said the Hispanic
consumer is critical to future U.S. economic growth, citing these U.S.
Census figures that show that the Hispanic population:
- Grew by 57.9
percent from 1990 to 2000
- At 42.7 million, currently composes 15 percent
of the U.S. population
- Is expected to rise to 103 million by 2050.
In fact, said Cartagena, the Hispanic market is expected to account
for 46 percent of U.S. population growth from 2000-2020. This is based
on what she referred to as a “Latino Baby Boom” because current
figures show that 22 percent of nationwide births each year are Hispanic.
As a result of the growing Hispanic market, she expounded, Hispanics
currently have $738 billion in buying power—a 347 percent increase
since 1990—and that is expected to rise to $1 trillion by 2010. “Whether
you are selling Pampers, credit cards, or building homes, this market
will become the economic engine of our country,” Cartagena exclaimed.
Cartagena showed that 49 percent of Latinos own homes, 84 percent of
Latino renters desire a home, and 56 percent plan to buy in the next
five years, a 20 percent projected increase. She added that on average
37 percent of Hispanic spending goes to housing, which is more than the
32.7 percent for non-Hispanic spending. She projected that Hispanics
will buy between 1.5 and 2.2 million homes between now and 2020.
Hispanic tastes are shaped “back home”
Cartagena pointed out that although the majority of the Hispanic market
is Mexican, it is important that architects know the Hispanic market
is not a homogeneous, monolithic market. “Latinos come from 22
different countries,” she explained. “We all have very
different pride in our countries of origin. But, for example, there
are differentiators among those from Mexico and Central American countries,
or differentiators among those from the Caribbean, Cuba, Puerto Rico,
and the Dominican Republic. So it is important that you know the country
of origin of a Hispanic client and understand the composition of that
local Hispanic market.”
When it comes to the style of Hispanic homes, Cartagena encouraged the
audience to study Latin American architecture. “Hispanic tastes
are shaped back home,” she noted. “Owning a home in the United
States is the achievement of the American dream for Hispanics, which
is now possible as more families enter the middle class. The home is,
and always will be, a place for Hispanics to keep their culture alive,
be a center for entertainment, and a place to blend Latin style with
American tastes and trends.”
Cartagena referred to the blending of both Hispanic and American culture
as acculturation, as opposed to assimilation. “Instead of completely
shedding their heritage, which is called assimilation and is what older
immigrants used to do, today’s Latinos come to America to get the
best of both worlds—their culture and that of America. This is
acculturation, and the reason for that is due to the proximity of Latin
America to the United States. It allows Latinos to come and go a lot
more easily, so they are still in touch with their country of origin
and its culture. Plus, when they arrive here, they immediately get exposed
to their own culture because of the very strong Spanish media presence.
The older immigrants didn’t have either of those ties.”
One of the missions of Cartagena’s organization, Meredith Integrated
Marketing, is to study how trends affect women, including home trends.
Owning a home is paramount to Hispanic women, stressed Cartagena. She
urged architects to know that Hispanic women play a much larger role
than Hispanic men in the decisions related to the home. “For 71
percent of Hispanic women, owning a home is a source of pride. Her home
is a reflection of herself and she wants to keep her home impeccable.
She finds great satisfaction and comfort in decorating her home with
items and symbols from her country of origin. For her, home is where
the heart is, and, for her, it is a significant gathering place for her
extended family and friends.”
What you need to know
Cartagena feels there is limited information in the United States on
Hispanic home design, suggesting that builders and architects educate
themselves in Hispanic design through books and by hiring an expert
to help them with projects. “There is a lot more to it than just
knowing the works of Santiago Calatrava,” she said.
Hispanics are enthusiastic about home improvements, she said. “Latinos
are do-it-yourselfers. In the past month, 2.5 million Hispanic homeowners
shopped at Home Depot, and 1.2 million shopped at Lowe’s. Home
Depot is now offering new product lines, such as paint, specifically
geared for Hispanics. In fact, Home Depot estimates that Hispanic home
improvement is a $30 million market.”
Cartagena recommended to AIA attendees that they should know the following
architectural elements common to Latin American homes:
- Stucco exteriors
- Red tile roofing
- Stone columns and fountains
- Pastel-colored exteriors
- Arches
- Brick or stone exterior accents
- Plenty of room for the extended family.
For the high-end, Cartagena advised becoming familiar with Latin America’s
Hacienda-style homes and elements, such as:
- Stone floors
- Wood beams
- Ample gardens and terraces
- Interior courtyards.
More home features that architects should consider, she says, include:
- Finished
garages to convert to additional rooms for extended families
- Open floor
plans so parents can watch children from the kitchen
- Outdoor space for
vegetable gardens and barbeques
- Storage space for work-related tools
- Extended driveways for multiple
cars
- Areas for the addition of terraces.
Cartagena also recommends that when building a home for a Latino client,
it is important to consider that the home be near parks, plazas, soccer
fields, and public transit. She added that it is likely a Latino client
will want to build in a high-density, urban area due to the “youth
and first-time buyer factors,” pointing out that “I don’t
think suburban life is in their immediate future.”
She noted that Latinos also welcome sustainable features in their homes. “Because
of the environments that Latinos had in their country of origin, they
are predisposed not to think green, but be green … because they
always were. Latinos are naturally very familiar with an organic environment.”
Get to know your Latino client
In closing, Cartagena added that it is imperative that you get to know
your Hispanic client. “I call it high-touch, not high-tech,” she
explained. “Hispanics want to get to know you, have face time
with you, and trust you. Then, they will talk business. If they love
you, their word of mouth will be a great asset to you. They will tell
all their family members about you!”
Copyright 2006 The American Institute of Architects.
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