Why is Having a Web Site Important for a Hispanic Small Business?
As of February 2007, the Hispanic online market was BIG: 16.3 million.
The Hispanic online market has sustained strong growth: more than 1.6 million new users between February 2006 and February 2007.
What You Need to Know About Hispanic Online Shoppers:
- 74% use their home computer to surf the net.
- 84% are online multiple times a day.
- 78% check their e-mail multiple times a day.
- 78% have been online for over 5 years.
- 92% shop online at least once a year.
- There are over 15.9 million Hispanics online.
- Between April 2005 and April 2006, more than 1.6 million Hispanics were introduced to the Internet and 66% of them prefer to view Spanish Web sites.
- 56% are college educated and have a median income of $40,000.
It has been classified as an "upscale, mass market". Online Hispanics are...
younger, more affluent and more educated.
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This may indicate online Hispanics are more prone to shop because they are economically well-off.