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Introducing Gen Z Why Hispanic Gen Z Will Change Everything 2015 March 20,

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Page 1: Introducing Hispanic Gen Z

Introducing Gen ZWhy Hispanic Gen Z Will Change Everything

2015March 20,

Page 2: Introducing Hispanic Gen Z

2Overview

• Introduction• Gen Z Overview• Why Gen Z?• Differences between Gen Z Groups • Points of Tension• Implications for Marketers• What’s Next• Data Sources

Page 3: Introducing Hispanic Gen Z

Introduction

Page 4: Introducing Hispanic Gen Z

4Jose R. VillaPresidentSensis

@jrvilla

/in/JoseVilla

ThinkMulticultural.comSensisBureau.com #Sensis360

Page 5: Introducing Hispanic Gen Z

5BACKGROUND

• Advertising, PR & digital agency• 65 employees• 17 years in business• Independent, minority-owned

and certified • Offices in L.A., DC, Austin, Little Rock, and Atlanta

CAPABILITIES

• Earned Media (Social/PR/Content)• Media Planning & Buying• Creative & Production• Branding• Digital Marketing• User Experience Design (UxD)• Research & Analytics• Strategic Planning

Integrated cross-cultural advertising agency

Page 6: Introducing Hispanic Gen Z

6Multicultural

Agency

Specialization and expertisein one ethnic group

Often working in a silo and with varying degrees of partnership with

lead agencies.

Digital Agency

Tactically driven

Limited traditional capabilities

Strategically driven

Expertise in building marketing programs that

reach all consumers

Digital is at the core of our servicesStrong technical

background

Marketing targeted to particular ethnic

segments

Starts with the general market then develop

separate distinct ethnic programs

Treat ethnic groups as separate and distinct.

“General Market”Agency

CROSS-CULTURAL IS A MORE EFFECTIVE MODEL

Lack in-depth experience with ethnic marketing

Lack ethnic insights Combine Hispanic, African-American, Asian and “general

market” expertise

Page 7: Introducing Hispanic Gen Z

7Hispanic Millennial Project5-wave research study into the growing Hispanic millennial segment (18-34 years of age)

Up Next:Wave 4: CPG / Beverage / Food – Behaviors and Attitudes

Page 8: Introducing Hispanic Gen Z

8

…but Millennials are so yesterday…

Page 9: Introducing Hispanic Gen Z

9 Groundbreaking research initiative on cross-

cultural Gen Z segment

Designed to understand Hispanic, African-American, Asian and general market Gen Z and their digital behavior

Introducing the Cross-cultural Gen Z Report

Page 10: Introducing Hispanic Gen Z

Gen Z Overview

Page 11: Introducing Hispanic Gen Z

11The generation born between 1995 and 2010. This currently puts the “Gen Z”

consumers between the ages of 4 and 20 years old.

Gen Z Defined

Page 12: Introducing Hispanic Gen Z

12Other labels include:

iGen

Net Gen

Plurals

Page 13: Introducing Hispanic Gen Z

13The largest generational cohort alive in the U.S.

23%

19%

22%

25%

0%

5%

10%

15%

20%

25%

30%

Baby Boomers Generation X Generation Y Generation Z

% of Total Population

Geoscape, American Marketscape DataStream™ 2014 Series.

Page 14: Introducing Hispanic Gen Z

14What we know about Gen Z (generally)

• Cautious, price and value conscious, and avoid debt• Independent workers• Over-connected to the point where it impairs their real-life

communication skills• In need of instant gratification• Entrepreneurial and eager to start working• Optimistic about the future• Prefer home-cooked meals• DIYers and crowdsourcers

Sources: Sparks & Honey; Magid Generational Studies; Terradata

Page 15: Introducing Hispanic Gen Z

15The most ethnically diverse generation

Asian5%

African American

14%

Hispanic23%

2 or more races5%

Non-Hispanic White53%

Gen Z

The last generation where Non-Hispanic Whites make up the

majority.

Source: U.S. Census, ACS 2011-13 3 Year Estimates

Page 16: Introducing Hispanic Gen Z

Introducing Hispanic Gen Z

Page 17: Introducing Hispanic Gen Z

17Hispanic Gen Z research is virtually nonexistent beyond top-line data regarding their ethnic makeup and nativity

Page 18: Introducing Hispanic Gen Z

18Gen Z makes up the largest Hispanic cohort living in the U.S.

5%

14%

19%

27%

35%

0%

5%

10%

15%

20%

25%

30%

35%

40%

The Silent/TheGreatest

Generation

Baby Boomers Generation X Generation Y Generation Z

% of Total Hispanic PopulationGeoscape, American Marketscape DataStream™ 2014 Series.

Page 19: Introducing Hispanic Gen Z

19Hispanic Gen Z have the largest percentage of Millennial parents

STUDY NAME : Fall 2014 NHCS Adult Study 12-month

38%

29%

23%

0%

5%

10%

15%

20%

25%

30%

35%

40%

Hispanic Non-White Hispanic African American or Asian

% of Gen Z Parents that are Millennial

Page 20: Introducing Hispanic Gen Z

20Majority of Hispanic Gen Z parents were born outside of the U.S.

39%

62%

0%

10%

20%

30%

40%

50%

60%

70%

Yes No

Were you born in the U.S.?

STUDY NAME : Fall 2014 NHCS Adult Study 12-month

Page 21: Introducing Hispanic Gen Z

21Unlike their parents, majority of Hispanic Gen Z were born in the U.S.

9%

91%

0%10%20%30%40%50%60%70%80%90%

100%

Foreign Born (Under 18) Native Born (Under 18)

% of Total Hispanic Pop Under 18

Source: U.S. Census Bureau, 2006-2010 American Community Survey

Page 22: Introducing Hispanic Gen Z

22As a result, Hispanic Gen Z are more likely to prefer English, vs. their older Hispanic counterparts

75%

8%16%

33%

46%

21%

35%

50%

15%

0%

10%

20%

30%

40%

50%

60%

70%

80%

English Dominant Spanish Dominant Both English and Spanish Equally

Language Spoken in Home

Gen Z Hispanic (12-17)

Hispanic Millennial (21-34) Parent of Children ages (4-17)

Hispanic Gen X (35-50) Parent of Children ages (4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month and Fall 2014 NCS Teen Study 12-month

Page 23: Introducing Hispanic Gen Z

23Hispanic Gen Z Parents have a desire to preserve their cultural roots

52%57% 55%

79%

57%

0%10%20%30%40%50%60%70%80%90%

I often celebrateholidays from

Hispanic countries

I try to keep up withLatin music, news orsports from Hispanic

countries

I often encourageHispanic children to

participate intraditional Hispanicgames and activities

I believe it isimportant to teachSpanish to Hispanicchildren as a way to

help preserveHispanic culture

Speaking Spanish inour home is a priority

Hispanic Parents with Children (4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month

Page 24: Introducing Hispanic Gen Z

24Yet, Hispanic Gen Z parents find it important to assimilate into the U.S. culture as well

79%

64% 64%56%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

I often celebrate U.S.National Holidays such as

the Fourth of July andPresident's Day

I try to keep up withAmerican music, news or

sports

I enjoy living the Americanlifestyle and customs

Speaking English in ourhome is a priority

Hispanic Parents with Children (4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month

Page 25: Introducing Hispanic Gen Z

25Being born in the U.S. and growing up in the most diverse generation is altering their world view and

redefining the culture in which they live.

Page 26: Introducing Hispanic Gen Z

Differences Between Gen Z Groups

Page 27: Introducing Hispanic Gen Z

27Comparing Gen Z Cohorts

Page 28: Introducing Hispanic Gen Z

28Hispanic Gen Z emphasize physical

relationships

Page 29: Introducing Hispanic Gen Z

29Similar to other Gen Z cohorts, Hispanic Gen Z rely on technology to stay connected with friends and family

43%

60%

48%

65%

47%51%

63%

79%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

My cell phone connects me to my social world I like to be connected to my friends and famiywherever I am

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 30: Introducing Hispanic Gen Z

30However, Hispanic Gen Z are less dependent on technology to maintain physical relationships

26%

34%

40%45%

26%

48%

63%60%

0%

10%

20%

30%

40%

50%

60%

70%

My friendships would not be as close as they arewithout my cell phone

Texting is just as meaningful to me as an actualconversation with the person on the phone

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 31: Introducing Hispanic Gen Z

31Hispanic Gen Z are less likely to see

themselves as leaders

Page 32: Introducing Hispanic Gen Z

32Hispanic Gen Z have less of a desire to create their own path

42%

53%

46%

57%

0%

10%

20%

30%

40%

50%

60%

I like to travel the path that no one else usually takes

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 33: Introducing Hispanic Gen Z

33Similar to African Americans, Hispanic Gen Z are less confident in their ability to influence and lead

28% 30%

38%40% 42%

52%

28% 30%34%

20%

59%63%

0%

10%

20%

30%

40%

50%

60%

70%

I am often chosen to be thespokesperson in my group

I am good at leading discussions I am good at convincing others to trynew things

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 34: Introducing Hispanic Gen Z

34Many Hispanic Gen Z don’t intend to start a

family

Page 35: Introducing Hispanic Gen Z

35Hispanic Gen Z are more likely to indicate that they enjoy being with family and that they get along with their parents

84%78%81%

74%77%

63%

95%

53%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

I get along with my parents I really like to be with my family

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 36: Introducing Hispanic Gen Z

36However, many Hispanic Gen Z are less likely to indicate that they would like to start their own family

70%

78%

68%

81%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Eventually, I would like to have my own family

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 37: Introducing Hispanic Gen Z

37Gen Z Hispanic have a strong

entrepreneurial spirit

Page 38: Introducing Hispanic Gen Z

38Both Hispanics and African Americans show a strong entrepreneurial spirit

59%

31%

60%

0%

10%

20%

30%

40%

50%

60%

70%

Expect to work independently

Hispanic or Latino White African American

Source: Meet Generation Z, Northern University, November 18, 2014

Page 39: Introducing Hispanic Gen Z

39Hispanic Gen Z and their Parents

Page 40: Introducing Hispanic Gen Z

40Hispanic Gen Z have less of a religious

preference

Page 41: Introducing Hispanic Gen Z

41Compared to their parents Hispanic Gen Z are showing less of a preference for Catholicism

43%

17%

60%

13%

0%

10%

20%

30%

40%

50%

60%

70%

Catholic No religious preference

Hispanic or Latino (12-17) Hispanic Parents with children (ages 4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month and Fall 2014 NCS Teen Study 12-month

What is your religious preference?

Page 42: Introducing Hispanic Gen Z

42Hispanics 18+ are shifting their preference away from Catholicism

67%

55%

12%16%

10%

18%

0%

10%

20%

30%

40%

50%

60%

70%

80%

2010 2013Catholic Evangelical Protestant Unaffiliated

Source: Pew Research Center survey of Hispanic adults, May 24-July 28, 2013

% of Hispanics who identified as Catholic/Evangelical/UnaffiliatedAll Hispanics (18+)

Page 43: Introducing Hispanic Gen Z

43Hispanic Gen Z have a stronger desire to

disconnect from technology

Page 44: Introducing Hispanic Gen Z

44Compared to their parents Hispanic Gen Z have a stronger desire to disconnect from the Internet

45%

30%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

At times, I feel like I need to disconnect or take a break from the internet

Hispanic or Latino (12-17) Hispanic Parents with Children (ages 4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month and Fall 2014 NCS Teen Study 12-month

Page 45: Introducing Hispanic Gen Z

45Hispanic Gen Z are less likely to shop online

and use technology to aid them while shopping

Page 46: Introducing Hispanic Gen Z

46Compared to their parents Hispanic Gen Z are less likely to do their shopping online

16%

25%

0%

5%

10%

15%

20%

25%

30%

All things being equal, I am more likely to purchase a product online than in the store

Hispanic or Latino (12-17) Hispanic Parents with Children (4-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month and Fall 2014 NCS Teen Study 12-month

Page 47: Introducing Hispanic Gen Z

47Hispanic Gen Z are also less likely to use technology to aid them throughout the shopping process

17%

37%

22%

42%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

When I am shopping, I often use mymobile/handheld device to search for local deals

When I see something interesting on tv, I often goonline to find out more about it

Hispanic or Latino (12-17) Hispanic Parents with Children (12-17)

STUDY NAME : Fall 2014 NHCS Adult Study 12-month and Fall 2014 NCS Teen Study 12-month

Page 48: Introducing Hispanic Gen Z

Points of Tension

Page 49: Introducing Hispanic Gen Z

49 One of the most important ways to establish

a deeper understanding of Hispanic Gen Z is to comprehend the points of tension characterizing their lives.

As marketers, we know points of tension provide powerful opportunities to communicate and connect with consumers.

Points of Tension

Page 50: Introducing Hispanic Gen Z

50Due to cultural differences, Hispanic Gen Z are more likely to have different views to their parents

42%

21%

37%

18%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

My ideas are very different from my parents ideas My parents do not understand me

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 51: Introducing Hispanic Gen Z

51More likely to feel restricted and have an increased desire to disconnect from others

56%60%

67% 65%

0%

10%

20%

30%

40%

50%

60%

70%

80%

I have a lot of freedom I like to be connected to my friends and family wherever I am

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 52: Introducing Hispanic Gen Z

52Desire to stand out, but feel uncomfortable being the center of attention

27%

35%

23%

33%

0%

5%

10%

15%

20%

25%

30%

35%

40%

I like to stand out in a crowd I hate being the center of attention

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 53: Introducing Hispanic Gen Z

53Uncomfortable with conforming, yet more concerned with being seen as different

35%

58%

29%

61%

0%

10%

20%

30%

40%

50%

60%

70%

Being like others makes me uncomfortable I am not afraid to appear quite different from others

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 54: Introducing Hispanic Gen Z

54Enjoying life in the present versus having increased pressure to be successful

26%

83%90%

33%

80%88%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

I like to enjoy life and don't worry aboutthe future

Having a career is very important to me I would like to go to college

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 55: Introducing Hispanic Gen Z

55Tired of the usual, but not comfortable with exploring the unknown

31%

43%48%

43%

53%

64%

0%

10%

20%

30%

40%

50%

60%

70%

I like to follow a routine I like to travel the path that no one else usuallytakes

I am adventurous

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 56: Introducing Hispanic Gen Z

56Some additional points of tension

Page 57: Introducing Hispanic Gen Z

57Digital native and tech savvy, but

ambivalent and want to disconnect

Technology

Page 58: Introducing Hispanic Gen Z

58Means to end for me not necessarily a

pursuit to please others, society, parents, or someone else

Education

Page 59: Introducing Hispanic Gen Z

Implications for Marketers

Page 60: Introducing Hispanic Gen Z

60Gen Z aren’t just consumers of the future

In many categories, Gen Z is sweet spot today

(higher education, media, energy drinks, apparel, QSR, etc.)

Page 61: Introducing Hispanic Gen Z

Food & Beverages

Page 62: Introducing Hispanic Gen Z

62Hispanic Gen Z are more likely to indicate that they go grocery shopping

56%

48%

55%

24%

0%

10%

20%

30%

40%

50%

60%

Yes

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 63: Introducing Hispanic Gen Z

63Similarly to African Americans, Hispanic Gen Z indicate that they go grocery shopping frequently

STUDY NAME : Fall 2014 NCS Teens Study 12-month

44%

34%

43%

18%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Most or some of the time

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

Page 64: Introducing Hispanic Gen Z

64Hispanic Gen Z are more likely to report that they do their shopping with their parents

STUDY NAME : Fall 2014 NCS Teens Study 12-month

46%

42%

46%

23%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

With Parent(s)

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

Page 65: Introducing Hispanic Gen Z

65Similar to Asians, Hispanic Gen Z are more likely to spend a higher weekly average on groceries

48%44%

32%

60%

0%

10%

20%

30%

40%

50%

60%

70%

$150 or more

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 66: Introducing Hispanic Gen Z

66Hispanic Gen Z make up an important

part of the grocery shopping experience and have are more likely to influence

household purchases

Implication

Page 67: Introducing Hispanic Gen Z

Quick Service Restaurants

Page 68: Introducing Hispanic Gen Z

68Compared to other Gen Z cohorts, Hispanic Gen Z are less interested in healthier fast food trends

30%

43%40%

56%

0%

10%

20%

30%

40%

50%

60%

I like the trend towards healthier fast food

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 69: Introducing Hispanic Gen Z

69Hispanic Gen Z remain open to traditional

fast food options.

Implication

Page 70: Introducing Hispanic Gen Z

Higher Education

Page 71: Introducing Hispanic Gen Z

71Hispanic Gen Z see the value in college, but are concerned about the costs

88%

44%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

I would like to go tocollege

I enjoy going to school

Hispanic or Latino (12-17)

76%

64%68%

0%

10%

20%

30%

40%

50%

60%

70%

80%

Being able to afford college

Hispanic or Latino White

African American

Thinking about different topics or issues that you might pay attention to, how concerned are you about each of the following?

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Source: Meet Generation Z, Northern University, November 18, 2014

Page 72: Introducing Hispanic Gen Z

72Hispanic Gen Z want colleges to allow them to design their own major

81%

68%73%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Agree

Hispanic or Latino White African American

Now, please indicate whether you agree or disagree with the following: Colleges should allow students to design their own course of study or major.

Source: Meet Generation Z, Northern University, November 18, 2014

Page 73: Introducing Hispanic Gen Z

73Emphasize not only the aspiration, but the

practicality of higher education.

Implication

Page 74: Introducing Hispanic Gen Z

Technology

Page 75: Introducing Hispanic Gen Z

75Hispanic Gen Z are less reliant on technology to become knowledgeable on different things

29%35% 37%

65%

0%

10%

20%

30%

40%

50%

60%

70%

The internet helps me to become an expert in many things

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian(12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 76: Introducing Hispanic Gen Z

76Hispanic Gen Z are less interested in websites that track their user behavior and offer product suggestions

25% 27%

34%

54%

0%

10%

20%

30%

40%

50%

60%

I like websites that provide product suggestions based on what I have looked at or purchased in the past

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 77: Introducing Hispanic Gen Z

77Hispanic Gen Z don’t mind consuming entertainment through a portable device

46%43%

38%

66%

0%

10%

20%

30%

40%

50%

60%

70%

I do not mind watching tv, movies or other video content on portable devices with smaller screens

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

Page 78: Introducing Hispanic Gen Z

78Similar to African Americans, Hispanic Gen Z are less likely to rely on the Internet as their primary source for entertainment

45%51%

41%

73%

0%

10%

20%

30%

40%

50%

60%

70%

80%

The internet has become a primary source of entertainment for me personally

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 79: Introducing Hispanic Gen Z

79Marketers should temper their emphasis

on the “shiny and new” and position products on how useful the product is.

Implication

Page 80: Introducing Hispanic Gen Z

Media and Entertainment

Page 81: Introducing Hispanic Gen Z

81Similar to Non-Hispanic Whites, Hispanic Gen Z learn a lot from television

34%36%

29%

25%

0%

5%

10%

15%

20%

25%

30%

35%

40%

I learn a lot from TV

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 82: Introducing Hispanic Gen Z

82Hispanic Gen Z are more likely to indicate that music is a passion for them and that they have a wide taste in music

54% 54%49% 50%

45% 44%

64%

16%

0%

10%

20%

30%

40%

50%

60%

70%

Music is a passion with me I have a wide taste in music

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 83: Introducing Hispanic Gen Z

83However, Hispanic Gen Z are less likely to feel that they are in touch with the music scene

28%

38%33%

63%

0%

10%

20%

30%

40%

50%

60%

70%

I feel I'm in touch with the music scene

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 84: Introducing Hispanic Gen Z

84Hispanic Gen Z are similar to other Gen Z counterparts in their love for movies

69% 68%72%

43%

0%

10%

20%

30%

40%

50%

60%

70%

80%

I love going to the movies

Hispanic or Latino (12-17) Non-Hispanic White (12-17)

African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 85: Introducing Hispanic Gen Z

85Yet, Hispanic Gen Z are more likely to notice commercials that play along with the movie previews

47%

40%

35%

29%

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

I often pay attention to the commercials that play along with the movie previews in the movie theater

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 86: Introducing Hispanic Gen Z

86Marketing should not seek to only

persuade, but also tell stories, entertain, and engage Hispanic Gen Z through

across multiple platforms.

Implication

Page 87: Introducing Hispanic Gen Z

87In most other categories, they are in the critical brand preference formation years, as many of them are finishing high school and starting college

(financial services, healthcare, electronics, automotive, etc.)

Page 88: Introducing Hispanic Gen Z

Financial Services

Page 89: Introducing Hispanic Gen Z

89Hispanic Gen Z have similar views on saving to other AA and NHW Gen Z

52%59%

47%

55%61%

50%44%

41% 40%

75%81%

74%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

I am good at saving money I like saving money I am very careful with my money

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 90: Introducing Hispanic Gen Z

90However, compared to Non-Hispanic Whites, Hispanic Gen Z are less likely to have a bank account

30%

63%

7%

53%

37%

10%

34%

59%

7%

25%

64%

11%

0%

10%

20%

30%

40%

50%

60%

70%

Yes No Don't Know/No AnswerHispanic or Latino (12-17) Non-Hispanic Whites (12-17)

African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Do you have a bank account?

Page 91: Introducing Hispanic Gen Z

91Similar to African Americans, Hispanic Gen Z are less likely to want to save their money at home

46%51%

46%

70%

0%

10%

20%

30%

40%

50%

60%

70%

80%

I like to save my money at home

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 92: Introducing Hispanic Gen Z

92Hispanic Gen Z are more likely to indicate that they do not have a job

86%79% 81%

92%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

No

Hispanic or Latino (12-17) Non-Hispanic Whites (12-17)

African American (12-17) Asian (12-17)

Do you work?

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 93: Introducing Hispanic Gen Z

93Similar to African Americans, Hispanic Gen Z are less averse to debt

67%74%

64%

77%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

I don't like the idea of being in debt

Hispanic or Latino (12-17) Non-White Hispanics (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 94: Introducing Hispanic Gen Z

94There is an opportunity for banks to educate Hispanic Gen Z early on the

different services they offer and emphasize the benefits of investing in the

bank.

Implication

Page 95: Introducing Hispanic Gen Z

Health and Wellness

Page 96: Introducing Hispanic Gen Z

96Compared to Non-Hispanic Whites Hispanic Gen Z are more likely to watch what they eat and try to lose weight

STUDY NAME : Fall 2014 NCS Teens Study 12-month

45%41%42%

29%

52%

38%

66%

48%

0%

10%

20%

30%

40%

50%

60%

70%

I try not to eat too much I often try to lose weight

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

Page 97: Introducing Hispanic Gen Z

97However, Hispanic Gen Z are less likely to place importance on a well-balanced diet

44%

59% 60%

71%

0%

10%

20%

30%

40%

50%

60%

70%

80%

It's important to eat a well balanced diet

Hispanic or Latino (12-17) Non-Hispanic White (12-17) African American (12-17) Asian (12-17)

STUDY NAME : Fall 2014 NCS Teens Study 12-month

Page 98: Introducing Hispanic Gen Z

What’s Next

Page 99: Introducing Hispanic Gen Z

99

Cross-cultural Gen Z Report coming Fall 2015!

Page 100: Introducing Hispanic Gen Z

Data Sources

Page 101: Introducing Hispanic Gen Z

101Sources

• Experian Simmons Fall 2014 NCS Teens Study 12-month• Experian Simmons Fall 2014 NHCS Adult Study 12-month• Meet Generation Z, Northern University, November 18, 2014 • Sparks & Honey; Magid Generational Studies• Pew Research Center survey of Hispanic adults, May 24-July

28, 2013• Terradata• U.S. Census Bureau, 2006-2010 American Community

Survey• Geoscape, American Marketscape DataStream™ 2014 Series

Page 102: Introducing Hispanic Gen Z

102Jose R. VillaPresidentSensis

@jrvilla

/in/JoseVilla

ThinkMulticultural.comSensisBureau.com #Sensis360

Page 103: Introducing Hispanic Gen Z

103More Information

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