AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Money talks: the top 25 in finance: an exclusive research for Latino Leaders Magazine.(SPECIAL REPORT)

Latino Leaders

| February 01, 2008 | Menard, Valerie | COPYRIGHT 2004 Ferraez Publications of America Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Hispanic population has finally become the largest minority population in the United States, and as such, the advertising market for it has become wide open. According to a recent study, the advertising growth within the Hispanic population is expected to exceed that of the general market by 2010.

With a buying power that's projected to grow to more than $1 trillion by 2011 according to an estimate by the Selig Center for Economic Growth at the University of Georgia, the Latino market continues to attract advertisers.

The Hispanic Fact Pack published annually by Advertising Age (AdAge) states that, of the top 50 Hispanic ad agencies, 29 experienced double-digit growth in 2006 and more than half of the top 50 Hispanic marketers boosted their ad spending by double-digit amounts. Automotive advertising continued to be the biggest category, followed by retail and telecommunications.

More than 90 percent of respondents to a survey conducted by the Association of Hispanic Advertising Agencies (AHAA) assessing trends and influential factors in U.S. Hispanic advertising over the past decade indicated that they anticipated corporate ad spending targeting Latinos to increase in 2007 and more than 30 percent predicted budget growth of more than 10 percent.

While the Fourth Estate may have the power to inform, ad agencies have the power to package information to benefit their client's image as well as effectively reach the Latino consumer. That kind of power certainly deserves notice and recognition, so this month we've compiled our first annual list of the top 25 Latinos in advertising, recognizing the top 15 Latino agencies as well as the top tell advertisers in the Latino market. Although there are far many more, this list unquestionably includes the most important players of this highly profitable and ever growing industry.

THE AD AGENCIES'S TOP PLAYERS

01 RAY ARBIZU

President & CEO

Location: Phoenix, Arizona

Company: Arvizu Advertising and Promotions

With more than fifteen years of experience, Ray Arvizu, president and CEO of Arvizu Advertising and Promotions, has been at the forefront of Hispanic marketing efforts for Fortune 500 companies and small businesses alike.

Both in Atlanta, where he founded his company in 1991 and in his native Phoenix, where he relocated in 1994, Arvizu leveraged his innovative approach to advertising despite encountering limited advertising budgets. The company opened a second office two years ago in Denver.

Arvizu is pursuing opportunities in bilingual as well as Spanish-language markets for its clients. Gross billing increased to $103 million in 2007. The company is 100-percent Hispanic-owned and its client list includes: Qwest Communications, the Arizona Diamond-backs, Colorado Ski USA, Wells Fargo, Food City Grocery Stores (A Bashas' company), McDonald's (Phoenix Co-op), and the Girl Scouts Pine Council.

Deeply committed to growing the community, especially Hispanic-owned businesses, Arvizu formed the Arvizu Charities and Arvizu Scholarship Fund and is credited with pioneering the formation of the Association of Hispanic Advertising Agencies.

[ILLUSTRATION OMITTED]

02 JACKIE BIRD

President & CEO

Location: New York, New York

Company: Winglatino

Independently managed by Latinos, Winglatino is a partner company of the Grey Group, a WPP company.

President and CEO Jackie Bird has worked for the Grey Group, the parent company, for the past 20 years, in the U.S. and Puerto Rico. Prior to that, she worked as marketing manager at RJ Reynolds Tobacco Company and Procter & Gamble in Puerto Rico. She joined Winglatino, New York in 2000 and over the past six years has seen a marked growth in client development and new acquisitions. Bird is also chairwoman of AHAA.

Focused on the Latino market, Winglatino practices a multidimensional, intellectual approach. It's headquartered in New York, but has satellite offices in Los Angeles and Miami.

With services that encompass strategic planning, broadcast and print production, and media planning and buying, Winglatino's clients include: Dulcolax, British Petroleum, ARCO, Lilly, Goya, P&G, Clairol, Cover Girl, Downey, Time Warner Cable, and U.S. Bank.

[ILLUSTRATION OMITTED]

03 ERNEST BROMLEY

Chairman & CEO

Location: San Antonio, Texas

Company: Bromley Communications

Ad icon Lionel Sosa founded the agency in 1981. Bramley, its current chairman & CEO, joined shortly thereafter. Bromley Communications remains Hispanic-owned (51 percent by Ernest Bromley).

Considered a co-founder of the agency, As CEO Bramley was instrumental in developing the agency's research and Hispanic marketing approach known as "AIG" (Acculturation Influence Groups). This principle of segmenting the Hispanic consumer into levels of language and cultural comfort zones is widely utilized by the industry

Prior to joining the agency, Ernest taught economics at the University of Texas at San Antonio. He has a bachelor of…

Related articles from newspapers, magazines, journals, and more
Hispanic Advertising Shines at Ad Age's 4th Annual Hispanic Creative...
Press release article from: PR Newswire September 17, 2002 700+ words
NEW YORK -- The Vidal...The independent New York shop was the only...Association of Hispanic Advertising Agencies (AHAA...maintains bureaus in New York, Boston, Chicago...Association of Hispanic Advertising Agencies (http...
Hispanic Advertising Conference is Breaking Barriers.
Press release article from: PR Newswire September 26, 2005 700+ words
...Marketing to New York MCLEAN, Va...Association of Hispanic Advertising Agencies (AHAA...Barriers, at New York's Hilton Hotel...than 500 leading Hispanic advertising minds are expected to gather in New York to participate...
Results of Hispanic Advertising Trends Survey Cites 2000 Census Data as the...
Press release article from: PR Newswire September 19, 2006 700+ words
...Association of Hispanic Advertising Agencies (AHAA...that kicked off US Hispanic advertising," Kravetz says...communities in Miami and New York. However when...Televisa, national Hispanic advertising was born. We have...
Miami Firm Now Top Hispanic Advertising Agency in U.S., Thanks to Merger.
Newspaper article from: Knight Ridder/Tribune Business News February 24, 2004 700+ words
...nation's top Hispanic advertising agency with...Bravo Group of New York, whose 2002...maturation of the Hispanic advertising pie. "Having...Los Angeles, New York, Dallas...Association of Hispanic Advertising Agencies...
Fox Cable Networks Group's Fox Sports World Espanol Donates $12,500 to the...
Press release article from: Business Wire May 15, 2001 700+ words
...Business/Sports Editors NEW YORK--(BW SportsWire...the Association of Hispanic Advertising Agencies' (AHAA...upfront presentation in New York. AHAA's Scholarship...The Association of Hispanic Advertising Agencies initiated...
Hispanic Advertising Leaders on HispanicAd.com Forum Sept. 6.
Press release article from: PR Newswire August 27, 2001 700+ words
...HispanicAd.com and the Association of Hispanic Advertising Agencies (AHAA) have teamed up...hour video and audio webcast of Hispanic advertising agency leaders discussing the current...help showcase the growth in the Hispanic advertising market," said Layla Caballero...
Association of Hispanic Advertising Agencies and Advertising Age Announce...
Press release article from: Business Wire October 20, 2000 700+ words
...The Association of Hispanic Advertising Agencies (www...the Bravo Group, New York, to recognize her contribution to the Hispanic advertising industry. Ms...ever awarded for Hispanic advertising. Bromley Communications...
Bell Atlantic Selects La Agencia de Orci & Asociados As Hispanic Advertising...
Press release article from: PR Newswire November 6, 1998 700+ words
...Immediately NEW YORK, Nov. 6...handle its Hispanic advertising assignment...search for a Hispanic advertising agency in late...its search by New York-based Jones...Association of Hispanic Advertising Agencies...
Association of Hispanic Advertising Agencies and Advertising Age Announce...
Press release article from: Business Wire August 31, 1999 700+ words
...Association of Hispanic Advertising Agencies (www...is embracing the Hispanic advertising industry and the...Los Angeles, and New York-based Conill...Association of Hispanic Advertising Agencies (www...
Grande merger: two locally based Hispanic advertising firms merge to cash in on...
Magazine article from: South Florida CEO LeClaire, Jennifer December 1, 2004 700+ words
...s fastest growing young Hispanic advertising agencies, while the IAC...regional offices planned for New York, Chicago and Los Angeles...elect of the Association of Hispanic Advertising (AHA) and principal of...competition" factor among Hispanic advertising agencies. ...
For more facts and information, see all results

Source: HighBeam Research, Money talks: the top 25 in finance: an exclusive research for Latino...

©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily