In 2011, Fox and the Spanish-language network Telemundo won the rights to broadcast the 2018 and 2022 World Cup in the U.S. for a record $1 billion dollars. Fox agreed to pay roughly $400 million and Telemundo will pay roughly $600 million.
Flash forward, and the U.S. failed to make the World Cup. Was the investment worth it? The short answer is “yes.” With the 2018 World Cup around the corner, we surveyed a representative sample of 500 Hispanics and 360 non-Hispanics to understand how they engage with soccer on social media and how they plan to follow the World Cup. The insights gained from this information can be used by marketers to attract advertisers to their platform and maximize the opportunity the World Cup presents.
When asked, “How likely are you to watch any of the soccer matches in the upcoming 2018 World Cup?,” almost 75% of non-Hispanics stated they were either somewhat or very likely to. For Hispanics, this jumps to almost 90%:
Telemundo’s $600 million bet looks like it will pay off with almost 90% of Hispanics planning to tune into the World Cup this year, right? Maybe…
While Telemundo is the clear leader among Spanish-dominant Hispanics with 56% noting that Telemundo is where they plan to watch World Cup matches, Fox is still being highly considered among Spanish-dominant Hispanics at 49%. Intent to watch Telemundo for World Cup coverage wanes slightly among bilingual Hispanics with 47% intending to watch Telemundo for World Cup coverage, then declines significantly among English-dominant Hispanics at 29%. Fox viewer intent stays relatively stable at 41% among bilingual Hispanics and 40% for English-dominant Hispanics.
Traditional wisdom has driven home the idea that Hispanics of all English language proficiencies prefer to watch soccer matches in Spanish, but the data seems to point to the erosion of that long-held belief.
English-dominant Hispanic’s interest in soccer generally is nearly identical to non-Hispanic interest, but their likelihood of watching the World Cup is significantly higher, 84% vs. 74%. So, if language isn’t driving Hispanic interest in watching the World Cup, what is? In short, heritage. Fifty-seven percent of U.S. Hispanics see the World Cup as a chance to reconnect with their heritage vs. only 29% of non-Hispanics, the largest differential in attitudes toward the World Cup among the two groups.
When asked, Hispanics show significantly more excitement about the World Cup than their non-Hispanic peers. Sixty-seven percent of Hispanics note that the World Cup is something that they look forward to every four years vs. 57% of non-Hispanics. Sixty-eight percent of Hispanics see the World Cup games as an occasion for family to get together vs. 46% of non-Hispanics.
Heritage or culture when harnessed appropriately can be a powerful driver of key brand metrics as highlighted by the recent “Marketing to the Hispanic Mindset” study which showed that:
“Hispanics recognized cultural targeting as a better media experience in mobile devices, and facial coding showed 60% more emotion expressed by those watching the culturally targeted ads compared to non-culturally targeted ads. In-culture ads were twice as effective at driving brand favorability and made consumers want to recommend the brand more, increasing the brand’s social capital.”
So, for marketers looking to tap into the Hispanic market, the World Cup is an ideal time to jump in. There is rarely an event that cuts across all language, economic and country of origin segments of the Hispanic population with a deep cultural driver like heritage for U.S. Hispanics. Aligning your brand in a culturally relevant way during the 2018 World Cup can kickstart your Hispanic marketing efforts if done correctly.
Simply showing a Hispanic family on a couch watching a soccer match is no longer enough. Brands that dig deeper and show that they understand the nuances of being a fan of the Mexican National Team or the rivalry between Argentina and Brazil have the opportunity to connect with their Hispanic consumers at a deeper level. McDonald’s did a terrific job in 2014 with its “House Divided” ad featuring a father and son supporting two different teams.
The absence of Team U.S.A. from this year’s tournament is certainly a disappointment but matches featuring Mexico, Brazil, Argentina and Colombia will draw an emotionally engaged audience of U.S. Hispanics willing to hear what your brand has to offer them.
This blog post was originally published on Engage: Hispanics