The most interesting part of it, however, was the quote that García is the eighth most common surname in our country.
Amazing!
This reminds me about the facts that, a couple of years ago, salsa surpassed ketchup in U.S. sales, and tortillas surpassed bread.
Here are some statistics to chew on:
- By 2025, 30% of our national population will be Hispanic.
- Today, this cultural group represents $1 Trillion in buying power
- By 2013 it's expected to have $1.4 Trillion in buying power
- Between 1990-2008, Latinos experienced 494% growth in buying power, while growth in the non-Hispanic market was only 141%.
This cultural population is going to increasingly be the key to success for companies in many if not most categories.
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