Analysis: As Spanish-dominant Hispanics Move Online Spanish-language Publications will Follow them


December 6, 2006
Analysis: As Spanish-dominant Hispanics Move Online, Spanish-language Publications Follow


The number of Spanish-dominant Hispanics accessing the Internet is increasing fast. Itis, in fact, where most of the growth in Hispanic Internet users is coming from. However, content and online advertising inventory is still relatively scarce. In fact, many Hispanics still visit their home country newspaper websites due to the lack of enough online Spanish-language content in the U.S.


Hispanic newspapers and magazines have an important task ahead to put their off-line content online and develop strong online platforms in order to increase online advertising inventory. There are many examples for this trend: Brent Murphy, publisher of Dallas/Ft. Worth based Spanish-language monthly Mercado Bilingue (circ. 50,000), tells Portada that he will soon launch a national web effort. Impremedia recently introduced its tagline‘#1 Spanish-language Newspaper and Online News publisher.” Many other publishers like Al Día (Belo Corp, Dallas/Ft. Worth, circ. 50,000, daily) recognize that the online medium will continue to grow in importance.

An increasing number of advertisers, particularly large companies with branding campaigns, are buying advertising in Spanish-language websites. However, as Captura Group's Lee Vann recently told Portada, for the market to grow more, medium sized companies need to come into the market. “Middle tier companies will be looking at the return on investment of their online advertising campaigns,” Vann notes.


Spanish-language newspaper and magazine websites can play an important role in lifting that return on investment. Until now, they have not played an important role, but that may change.


How large is the Hispanic Newspaper Online Advertising Market?


In the general market, in 2005 online newspaper advertising amounted to US$ 2 billion a year or approximately 5% of the $40 billion general market newspaper advertising market.


Portada® estimates that the Hispanic “offline” newspaper advertising market volume in 2005 was approximately $400 million a year ($325 million local advertising and $75 million national advertising). The Hispanic Internet is less developed, and particularly the readers of Spanish-language websites often still lack e-mail access. This ratio implies that probably 1% - 2% of total Hispanic newspaper advertising currently is advertising bought at these newspapers websites (between $4 millionand $8 million).


Trackback from your site.

Editorial Staff

Portada Staff

MORE FROM PORTADA

Why More Brands are Investing in MLS Jersey Sponsorships

Why More Brands are Investing in MLS Jersey Sponsorships

More brands like AmFam, Valspar, Target, Etihad Airways, Acura, and Bimbo decide to be on the MLS team’s jerseys, and sponsorships will keep growing.


SOUNDING OFF-The USHCC 2017 National Convention: Driving America’s Business Future

SOUNDING OFF-The USHCC 2017 National Convention: Driving America’s Business Future

Each fall, the USHCC hosts the country’s largest gathering of Hispanic business leaders: The USHCC National Convention. The Convention is held every year in a city that embodies the American entrepreneurial spirit and supports a thriving small business community.


How Facebook is Cornering the Video Ad Market, also in Mexico

How Facebook is Cornering the Video Ad Market, also in Mexico

With more than 2 billion active users worldwide, and 80 million monthly active users in Mexico alone, the social media giant is boosting revenue at a faster pace than expected. An important part  of Facebook's efforts and investments are going into the creation of a major video advertising platform.