As globalization continues to redefine marketing strategies, it’s imperative for brands to adopt a multicultural approach to target different audiences. Using a standard marketing approach for developing campaigns is no longer effective.
If you want your brand—and its services and products—to resonate with members of different communities, you need to ensure it caters to their unique preferences and identities. After all, consumers are more likely to buy product from a brand if they feel they’re represented in their ads.
This is why multicultural marketing is so important. The core idea is to tailor your message to different demographic groups and make your strategy more inclusive. It goes beyond a single slogan or ad, and is a long-term marketing approach.
Where are you in your multicultural marketing journey? Whether you’re just getting started or have been incorporating diversity in your campaigns for a while, our multicultural marketing research firm can help you progress. Here’s what you need to do to stay ahead in your understanding of an increasingly multicultural target market.
Keep an Eye on Your Competitors
Your multicultural marketing strategy shouldn’t be driven by the desire to out-do your competitors, but that doesn’t mean you can’t observe their progress and take notes. It’s always a good idea to observe what your competitors are getting right or wrong in their campaigns and learn from their experiences as well as your own.
For instance, you may notice a competitor is focused on a specific segment of their market and has built brand loyalty by targeting a niche group. Evaluating their efforts and campaigns can help you understand how they’ve made their products more appealing to a specific group. You can also identify the gaps in multicultural campaigns and attempt to fill it with your efforts.
Identify Untapped Markets
Another thing that can help you gain a better understanding of your audience is tapping into new markets and discovering new audiences. This may seem counterproductive at first glance; how does diving into a new market help you understand your existing audience?
Here’s the thing: people within a cultural group also have differences with each other. By digging deep, you can identify factions within a cultural group and cater to their unique differences through your campaigns. This can help you grow your audience and venture into previously untapped markets. Similarly, you can also use your findings to identify other multicultural groups that you can target to gain consumers.
Use a Holistic Approach
It’s easy to assume you know what your audience wants when you’ve run a couple of successful campaigns. However, a successful multicultural marketing approach requires you to keep up with evolving practices, trends, insights, and approaches.
Acquiring a holistic understanding of your target audience helps you truly identify what makes consumers from different cultures choose your brand. It helps you anticipate cultural shifts, redefine goals, and improve your performance through a well-planned marketing strategy.
Ethnotics is an experienced multicultural marketing research agency that helps businesses with their market research and analyses, enabling them to diversity-focused and impactful campaigns.
Reach out to our multicultural marketing research firm today!