Business

By Gonzalo López Martí @LopezMartiMiami

• There’s this notion in our industry: Hispanic consumers have a higher degree of naiveté, credulity, unsophistication or good nature (take your pick).
• Our guard is lower.

Entrepreneurs can help drive the creation of 10 million youth jobs1 across the G20 countries2 if existing barriers to entrepreneurship were lifted, according to new research from Accenture. The study also indicates that while 74 percent of entrepreneurs surveyed by Accenture say they plan to recruit young talent in 2014, many believe that a shortage of people with relevant skills is hindering job creation and growth.

Mega-mergers have been the talk of the media industry for the past year. It started with the biggest video programming distributors in the U.S., Comcast and Time Warner Cable, then AT&T and DirecTV, and we’ve had lots of additional dancing among folks like Charter, Dish, Sprint and T-Mobile.

Experian Consumer Services-Affinity and Univision Communications Inc. announced the launch of a Spanish-language, credit-focused product and online financial resource center for the U.S. Hispanic community.

Consumer Reports introduced Marta Lourdes Tellado as its next President and Chief Executive Officer. 

CVS Caremark announced that it has entered into a definitive agreement to acquire the assets of Miami-based Navarro Discount Pharmacy, the largest Hispanic-owned drugstore chain in the U.S.

CoreBrand released its second annual report on the most and least respected corporate brands – Brand Respect: The Most and Least Respected Corporate Brands.

The ANA (Association of National Advertisers) and online fraud detection firm, White Ops have launched ‘The Marketers’ Coalition’, a joint research initiative to determine the level of bot fraud occurring across the digital advertising industry.

By Gonzalo López Martí@LopezMartiMiami

In the business world -particularly in marketing & advertising- few words are thrown around more profusely and absentmindedly than “strategy”.
A few years back I started an impromptu poll: during business meetings and presentations I’d casually ask clients and/or colleagues to please define “strategy” for me.
Just for the sake of being on the same page semantically.
Some people would fumble.
Others would give me a harsh look, as if I’d asked them a thorny personal question.

The no argument = the U.S. won’t anytime embrace soccer to the depth of other countries.  by Stephen Palacios /  Added Value

We all know CPM stands for “cost per thousand.” And you might think it’s “cost per thousand impressions.” Nope. It’s just “cost per thousand.” And it’s sort of fitting that it doesn’t actually imply a cost per thousand of what. You don’t know what the hell it is, because you don’t know what the hell you’re getting. Even if you are talking about impressions.

Advertisers worldwide will spend $545.40 billion on paid media in 2014, according to new figures from eMarketer. Total media ad spending will increase 5.7%, eMarketer projects, more than doubling its growth rate of 2.6% from a year ago.

Clear Channel Media and Entertainment announced today that U.S. Hispanic advertising expert, Liz Sarachek Blacker, will join the company as Executive Vice of Hispanic Strategy and Sales, effective August 4, 2014.

If you’ve had sporadic communication with some of your South Florida-based peers and clients since June 12, you’re likely not alone.  By Adam R Jacobson

Terra announced new additions to its U.S. operations team. Emilia Peña has been appointed Director of Sales while Luciano Islas joins as Senior Programmatic Sales Manager in the U.S. Liz Sarachek Blacker, who has served as Chief Revenue Officer for Terra for more than three years building a strong sales team, will move on to pursue a new opportunity.  

A recent Harris Poll found a strong majority of Americans believing economic inequality in the U.S. today is a problem (79%), with over half believing more specifically that it’s a major problem (54%). New findings further reveal that U.S. executives are even more likely than the general population to see it as a problem overall (88%), albeit less inclined to see it as a major problem (44%).

Today, there is a lot of talk about “social consumerism.” But, at what point is social consumerism really capitalism in disguise?

Total media ad spending in the US this year will see its largest increase in a decade, according to new figures from eMarketer. On the strength of gains in mobile and TV advertising, total ad investments will jump 5.3% to reach $180.12 billion, achieving 5% growth for the first time since 2004, when ad spending increased 6.7%.

Sun Broadcast Group, Inc. announced that Edwin Rivera-Searles has joined the company as Sr. Vice President of Digital Initiatives. Rivera will oversee development of Sun’s digital products.

Latinum Network announced the appointment of Graciela Eleta as Senior Strategic Advisor.