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HomeMy WebLinkAboutR-88-1074w 0.. J-88-1112 11/3/88 RESOLUTION NO. SN--1011714 A RESOLUTION ALLOCATING AN AMOUNT NOT TO EXCEED $25,000 FROM SPECIAL PROGRAMS AND ACCOUNTS, CONTINGENT FUND, IN SUPPORT OF TOURISM PROMOTION IN THE SPANISH EDITION OF CRUISE N' TRAVEL MAGAZINE PUBLISHED BY INDEPENDENT PUBLISHING COMPANY, INC., FOR THE PURCHASE OF TEN (10) COLOR PAGES OF CITY ADVERTISING IN UP TO TEN (10) ISSUES OF SAID MAGAZINE DURING FISCAL YEAR 1988-89 AT A COST OF $2,500 PER PAGE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section I. An amount not to exceed $25,000 is hereby allocated from Special Programs and Accounts, Contingent Fund, for tourism promotion in the Spanish edition of Cruise N' Travel Magazine, published by Independent Publishing Company, Inc., for the purchase of ten (10) color pages of City advertising in up to ten (10) issues of said magazine during Fiscal Year 1988-89 at a cost of $2,500 per page. PASSED AND ADOPTED this ATTEST: .-,A TY/HIRAI, CI PREPARED AND APPROVED BY: OBERT F. CLARK CHIEF DEPUTY CITY ATTORNEY :3r-da day of November 1988. XAVIER L. SUA Z MAYOR APPROVED AS TO FORM AND CORRECTNESS: OR L. MRlqlkNDEZ CITY ATTORNE -2- TO. Mr. Cesar H. Odio City Manager FROM: Commissioner J. P CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM DATE: 00 o�er 2"0 , 1988 SUBJECT: Agenda Item for the 11-03-88 Commission REFERENCESMeeting Jr. ENCLOSURES: FILE Please inolude as a discussion item for the November 3, 1988 City Commission Meeting, an item in referenoe to the Cruise and Travel Magazine agreement with the City of Miami. [i I u - \fENf[tCR Independent Publishing Co.. Inc. Mr. Cesar Odio Manager, City of Miami Miami, Florida Dear Mr. Odio r i 3; 30 October 19, 1988 As per our previous conversations, I am requesting renewal of city funding for tourism promotion in Cruise n' Travel - En EspaTol Magazine, the gateway to the traveling Hispanic market, for the fiscal year 88-89, an item placed in the Nov. 3 City Commission agenda by Commissioner J.L. Plummer. As you know, the city funded the magazine with $17,500 in 86-87 and with $20,000 in 87-88 to encourage increased tourism to the city from Hispanics who live in the U.S. and in Latin America. This year, I am requesting $25,000 in city funding to be able to continue our on -going promotion at the 1988 increased cost levels. This amount will be used to fund 10 color pages of city advertising (backcovers and inside covers) in up to 10 issues of the magazine at a cost of $2500 per page. (See rate card). In addition to publishing the city ads, the magazine devotes extensive editorial coverage to city events, conventions, concerts, restaurants, entertainment, finances, and attractions, pumping millions of dollars into our city economy from our visiting readers. During the past two years, we have seen a marked increase in domestic tourism to Miami and also a resurgence of tourism from Latin America. In the past two years, our circulation has nearly doubled to 30,500, including 4,000 travel agents who specialize in the Hispanic market in the U.S. and 800 others in Latin America who handle 95% of the international travel from that region. The rest are Hispanic consumers -business owners, executives and professionals who travel. Cruise n' Travel - En Espanol is the only Hispanic -female -minority owned travel magazine in the U.S. who addresses this powerful U.S. minority group -the fastest growing in the nation- includes Latin America at the same time, and promotes the City of Miami regularly as a favorite destination for both business and pleasure. E-n Espanol _,w.�. �..�. .e..a............... � ill ��I I as enclosing a package of information as to magazine circulation, readership, distribution and rates, plus magazine samples for your perusal. Let me know if you require any additional information. Cordially, �ilda Inclan Publisher/Editor-in-Chief Enclosures cc.: Aurelio Perez Lujones, agenda coordinator Mayor Xavier Suarez, Vice Mayor Rosario Kennedy, Commissioners: J.L. Plummer, Miller Dawkins and Victor de Yurre. SJ{, tR f a Independent Publishing Co., Inc. 10371 SW 441h Street, Miami. Florida. 33165 U S.A. (305) 221-3186 AS.G49 I":"cueftcl fwfetunt za� arleel The 17.6 million -strong Hispanic population in the United States - with $94 BILLION U. S. DOLLARS to spend - Is an economically powerful, fast-growing force - larger In numbers and purchasing power than many Latin countries - and with one Important advantage: NO FOREIGN DEBT! Latest studies and statistics show that this vital market is growing at a faster rate then the rest ofthe U.S. population, that It Is strongly oriented towards large familygroups, has more members perhousehold that the average American family, is brand -name conscious, and to loyal and very responsive to advertisers who cater to their cultural background, particularly their preference for the Spanish language. GROWTH: From the 1980 U.S, census to 1985, the U.S. Hispanic population grew 20%, from 14.6 million to 17.6 mWon, according to the latest report from Strategy Research Corporation. If is expected to reach 21 mlltidn by 1990 and 27 million by the year 2000. By contrast, within the some five-year perlod, the U.S. population grew from 226.5 million to 238.1 million, or only & i %. N1COM& Aggregate Income for the U.S. Hispanic market rose from $64 billion In 1979 to $123.4 billion in 1985, After taxes, savings and other deductions, the remaining 'Purchasing power' or actual dollars available for consumption AND TRAVEL is listed at $94 BiLLiONI HOUfEHOLD /Mt The average U.S. Hispanic household size Is 3.7, while the overage for U.S. households In general Is 2.7. *Given the importance of the family In the Hispanic cutture, It should not be surprising to find that the Hispanic places produc'reputatton and quality (what's best for the family) ahead of price,' SRC reports. LOYALTY: 'Hispanic shopping patterns are conditioned by the need far feeling culturally welcome, by the store or firm's personnel and by the products offered' SRC continues.'Loyalty is high among new arrivals... The burying habits of the Hispanic In terms of brand preference ore substantially influenced by the Importance that the advertiser places on addressing the Hispanic... FOR THE ADVERTISER WILLING To MAKE EVEN A LIMITED INVESTMENT, USE OF SPANISH LANGUAGE IN PRINT WILL ELICIT A STRONG HISPANIC CONSUMER RESPONSE from an audience oppreclatfve of the advertisers effort.' COHEII r*ff PAD LANGUAGE: This extended-fomlty-oriented group, mode up of Mexicans, Puerto Ricans, Cubans and Central Americana, has one strong unifying force: THE SPANiSH LANGUAGE. Latest statistics stow Hispanics In the U.S. prefer to read, write and speak In Spanish. "Every Hispanic group he a purposefully Insisted on maintaining the Spanish language alive, particularly in the home. At least nine out of every ten Hispanics In each market surveyed state that the first language they learned to speak was Spanish', SRC reports. 'Overall, more than two-thirds of U.S. Latins prefer to speak Spanish In the home.,.' it Is for this significant, growing, specialized market that Crvtre n' hovel - En &pvlbl was created. Our pages are your gateway to this loyal, responsive market. Because we are U.S. Hispanics ourselves, acUM In/oumallsm in the U.S. formore than 20 years, WO know best how to reach and address our own people, and how best to market your product among them. We go directly to their homes, to their cultural heart, on their own terms, in their own Mnpuaga, and oo* to the Molt o/tfuent. Try us out/ Cash in qukkly on the bstset growing market In the United Stat", a;%,�rala, //.,f.. !.. a ft"n counby 1MtINn your own mttMlitnaf, with bNllona of dollars to spend - a nwkot you couldn't reach before -.now brought to your door oop off w rarev. pla**. (guise n al'rsat2.1 En Espe. ital 'V77C 'THE --,'".WA 0 198* Do" lencJ Cf Cola /felty, Int. 4!1 Riphtr Refr"k►el DAY, MOVA"V 1A, 1411!! More Firms Court Hispanic Consumers — But find, Them a Tough Market to Target ey Jere de CJ1RnnRA '"ff RCpnrrrr of Trtt WAS -I. SIM V," Jt1VNNAt, Last year when Campbell Soup Co. launched it major absault on the Hispanic market, It used three different Ad cam• palgns on Spanfsh•IAnguage television: one aimed at HlspAnlca of Caribbean origin, another for Mexican -Americans, and it third that mixed elements from the other two. Hispanics, clearly, are not an easy group to target. Yet an increasing number of major companies are courting the His - CNN Seeks Nspark Market Turner Broadcasting is in the final out" of talks with Tel mundo Groap the Hlswit televi" set - with a nighty lie* i broadcast In Spanish, t3fory an page 2& panic consumer. To these companies, His- panics —the second fastest -growing popula- tion group in the U.S.—Is a market that can't be Ignored. Last fall, the Census Bureau reported that since 11i60. the country's Hispanic pop- ulation had Increased by 30%, to 19.8 mll- ilon from 14.6 minlon—five times the growth rate of non -Hispanics. And al- though the Hispanic advertising market is still small At $491 million, It,grew 23% last year, according to Hispanic Bustness mag- azine. 'Have to Be Nuts, "Anybody who looks at the size of the Hispanic consumer segment would have to be nuts not to do business there," says Charles S. Morrison, a vice president of Coca-Cola USA, a unit of Coca-Cola Co. Other companies agree. In the past year such major marketers as Pillsbury CO.'s Burger King Corp., Southland Corp.'s 7- Eleven Stores, and Domino's Pizza Inc. began comprehensive Spanish -language advertising campaigns for the first time, Coca-Cola has used such Hispanic celeb- titles as Loa Angeles Dodger pitching star Fernando Valenzuela, while Pepsi Cola has featured the Miami Sound Machine. in Mi- ami, the wealthlat Latin' enclave in the U.S.. American xpress Co. plans to fea- ture prominent Hispanics In a Spanish -lan- guage version of Its Portraits campaign. And Campbell. aside from prbmoting Ito soup, Is making a major push Unto the Hls- panic market with a line Of Caribbean -type foods, The company Plana to sell over 50 Items under the CaserA iabel, going head - to -head with GoyA Foods' Lne., the Se- caucus, N.J., concern that dominates that market with estimated 1987 sales of about S27li million. Campbell also has begun test-' marketing sore Mexican food Items In California under the Cases label. "It's a population whose Importance can't be denied any Innger," says Lh Cis - tells, prnditet manager for Carnphell Scrip's 1ispnnic food onit. "That's the hot - torn line.'' Spanish-speaking television is finiirlsh- Ing as Well —providing better opportunities to reach the Hispanic audience. Sinre last August, a partnership of Hallmark Cards Inc. and a unit of First Chicago Corp. have spent more than S.W million to purchase 10 Spanish -language television stations as Well as it television network. The acqulsl- (ion of an eleventh network is pending. A partnership managed by Said Steinberg's Reliance Group holdings inc. has spent around SM million to form Its own rival network. Another sign of the emergence of the Hispanic market Is the interest o/ main- stream advertising agencies, many of which are either starting up their own Spanish -language shops or acquiring exist- ing agencies. Last December, the British giant. WPP Group PLC, bought Newport Targeted .Cities Biggest markets in terms of money spent on Hispanic advertisibg, in millions of dollars Lee Angeles $103.0 Miami 81.3 New York 66.7 Chicago 28.0 Ban Franciaeo,/San Jose 18.9 San Antonio 18.0 San Diego 10.2 Phoenix 9.2 Ei Paso 8.0 Fresno ?.ti Senor. I4inpaait Btu{ana avyei+ar Beach, Calif. -based Mendoza, Dillon & Asn- clados, the largest Independent Hispanic ad agency in the country with 1987 billings of S36 million. They are getting heat from clients," Edward Fitch, a senior editor at Advertis- Ing Age, says of the agencies. His ma A. zine recently began a two -page monthly section on the Hispanic market to satisfy greater reader Interest. Still, It's an embryonic market and some agencies remain unconvinced of Its Importance. It also isn't an easy market to understawl—or crack. The Hispanic population. meanwhile, Is highly concentrated, which might seem to make a wide -reaching national ad cam- paign fairly easy to execute. Fifty-four Percent live In just two states —Texas and California, AcrnrrflnR in Sirntrn, Rrsearrh Inc., a Miami inarkri rrsrirrh firm. 12.R^; live In seven other states. Rot the cnticonlralinn Is a hit drrriving. Mexican-Amerfrans make up ahnnt 61': of U.S. ffispanlrs and dnminnfe the Markel In California and the Srnuthwrs;L Cnh7ns are A far smaller grnnp, hill their htghrr Income and heavy rnnrenlrnilon hi Smith Florida make Miami the cnnntry's must Important Hlspanic media markrl, aftri Los Angeles. Now York, the nntinn's thud richest Hlspnnlc market, has slenifirnnt Dominican and Purrtn niran pnpulatinns. "We are jest A Minch of srgmpnfed markets within a large market," says Carlos Rossi, the Puerto Rlrnn president of New York based Coniii Advertising Inr., who helped to design the Campbell ads. Some companies lisp one ad for flip rn- tlre Hispanic cnmmunity. But others, like Campbell Soup, opt for a varied ad cam- paign In an effort to reach specific Audi- ences. What plays to Caribbean Ifispanlcs, they find, doesn't necessarily work with Mexican•Ampricans. Different Details The Campbell ads, for Instance, all fea- ture a woman conking hilt differ In such details as the age of the character, (tie set- tang and the music. The version for CArth- bean Hispanics has a grnndmolhpr conking in a plant -tilled kitchen to the sotinds of salsa and merengue. The Mexican -Ameri- can ad shows a young wife, preparing fool In a brightly colored "southwestern -style" kitchen, with pop music j laying In flip backgrnund, according In Mr. Rossi. The choice of Iangiiagr isn't even a slm- plil decMnn. Although most Iilspnnlrs prr- ter in speak Spanish, many ynnnger, more. Affluent Hispanics prefrr English, whlrh Is dominant In such key markets as San An, tonin and Albtiquprqup. Despite the dlffirullies, lhrnigh, mane companies are determined to tap the Ills - panic market. For "igp. In fact, It's hr• come a necessity, as their prrxiurls have gone out of fashion in other markets. Hispanics, for example, lisp Ihrre to four times as much cooking oil as Inrreas- Ingiy health-consrlrnis nrurlllspnnics. As a result. Hispanics account for over 201, of Mazola's sales. Last year, when ad budgets were tight, VTC International hie., the Englewood Cliffs, N.J.-based company that makes Mazola, spent more money ad- vertising the oil In the illspanle market than In the general market, says fi irhael Lyons, group product manager for Afazrda oil and margarine. "tole mllitim dollars In the Hispanic market," says Mr. I.ynns, "will lake you further than $10 million in Ow general market." N Z Z= o I PRINTINO CORPORATION OF THE AMERICAS, INC. 620 S.W.12th Avenue, Pompano Beach, Florlda 5U*0 (305) 781.8100 26 June 1987 NJ -Ida Inc,lan, PresldentlDIrector Cruise N' Traver 10371 SW 44th .Street Miami, FL 33165 Dear N 1 t da, It was a pleasure talking with you the other day. I was very pleased with your positive c3mments about your fast Issue. We at PCA stII0 feel that we can meet a seven day turn -around of. your 30,500 copies. Sinoe we started printing your magazine In February of 861 It has always been our desire to meet your schedule. I remain, very truly yours, PRINTING CORPORA T ION OF THE AMER 1 CAS, INC. budtuchmantro by: c Y 7 �iaibrn etc snit or ►tarot b CO s"101 tip ALI 30,1 W "M1te I= KKM lost W. President