Many consumers in Latin America are no longer content to let brands sit on the sidelines of tough conversations.
Given the significant role advertising plays in shaping society, companies that embrace a social cause should stick to brand values.
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The following is a preview of one Media, Advertising, and Marketing report, the Analyst Take: How Brands in Latin America Are Addressing Diversity and Representation in Advertising. You can purchase this report here.
Latin America is a region of many paradoxes. It is home to one of the world’s most racially diverse populations, yet many groups remain underrepresented or stereotypically portrayed in the advertising there.
Latin America internet users don’t feel represented in digital video ads they see.
The population comprises of immigrants from Europe, Asia-Pacific, and the Middle East, as well as indigenous Amerindian populations and African groups descended from slaves. It is also one of the most unequal regions in the world in terms of wealth and income, according to the Economic Commission for Latin America and the Caribbean (ECLAC), a United Nations regional commission to encourage economic cooperation.
Despite Latin America breaking from its colonial past with Spain and Portugal roughly 200 years ago, its advertising industry is still troubled by a notable lack of diversity and representation.
“While brands have made a concerted effort to increase their representation of various racial and ethnic backgrounds and to break away from the traditional portrayal of gender roles in marketing materials, a large percentage of consumers still do not feel represented in advertising,” said Matteo Ceurvels, eMarketer director of Latin America research at Insider Intelligence, and author of our recent report “Analyst Take: …read more
Source:: Business Insider