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Supplier Diversity: Connecting Entrepreneurs to Economic Opportunity

Supplier diversity programs were developed to level the playing field for diverse suppliers, including minority, women, LGBTQ, disabled, and veteran-owned businesses. By connecting entrepreneurs to economic opportunity, ideally, organizations can harness the power of the marketplace to drive social impact. However, supplier diversity often falls short on the data. It’s widely known that diverse suppliers are not given the opportunities to contract for public sector work at the rate of their non-minority and male counterparts despite the explosive growth of entrepreneurship among minority and women-owned firms.

Is Online Sample Ignoring Gen X Consumers?

Sandwiched between silver sneakered Boomers and digitally savvy Millennials, Gen X gets lost on the consumer continuum, only to be upended again by youth, as Gen Z becomes the next media darling. Described as the “ignored generation,” Gen Xers, born between 1960 and 1982, are often accused of contributing less to culture and society. But is that true?

Inclusive Market Research Yields Customer-Centric Product And Service Design

Social media has proven time and again the need for brands to be inclusive. Last year, with less in-person shopping due to the pandemic, e-commerce soared. E-commerce sales made up 18% of all global retail sales in 2020, and they’re expected to reach 21.8% in 2024. Social media is playing an important role in the growth of e-commerce as retailers employ omnichannel strategies to reach consumers. As such, consumers have become acutely aware of the brands that consider their environmental and human impacts.

Inclusivity and Representation in Gaming Matters

People who have been on a Zoom call with me can undoubtedly tell that video games greatly impact my life. Having been an avid gamer since the Atari 2600 days, I have seen the gaming world evolve over the years. According to IDC Data, what was once thought of as a kid-friendly pass time has matured, posting revenue that rivals the movie industry and North American sports combined with a whopping $180 billion in global sales in 2020.

ThinkNow Smart Fitness: The Rise of Connected Fitness and Community

The pandemic has accelerated the shift from traditional in-person gym memberships to broader acceptance of at-home connected fitness equipment. But a recent ThinkNow study shows that the gym isn’t dead, and connected fitness has a long way to go. For our 2021 ThinkNow Smart Fitness Report, ThinkNow conducted a nationwide online survey of American adults ages 18 to 64 to understand consumer usage of internet-connected fitness equipment and perceptions of connected fitness brands.

Death Tech: The Lalo App Creates Ad-Free Story Hub For Grieving Families

The death care industry is evolving to keep pace with how consumers perceive death and experience grief today. Expensive funerals with caskets and traditional burials are being replaced by body composting (green funerals) and memorial stones made from the remains of loved ones. Among the innovators in this space are tech startups, more specifically, death tech startups, like Lalo.

Hispanic Heritage Month: Cultural Values Influencing Hispanics Today

From September 15th to October 15th each year, Americans celebrate Hispanic Heritage Month to recognize the contributions and accomplishments of the Hispanic community. This heritage month began as Hispanic Heritage Week under President Lyndon Johnson and was further extended by Ronald Reagan during his presidency. Hispanic Heritage Month carries a theme each year, and we commemorate “Esperanza: A Celebration of Hispanic Heritage and Hope” in 2021.

Using Ground Truthing to Combat False Narratives and Challenge Assumptions

When consumers have a good experience, they tell three people. When they have a bad one, they tell ten. Doing a deep dive into conversations taking place on the ground is essential to identifying and combating false narratives that can derail a multicultural marketing campaign. This is especially important when that campaign is in the interest of public health.

Using Inclusivity To Enter New Markets: What Business Leaders Need To Do

Diversity and inclusion initiatives are beginning to gain real momentum in America. Beyond the empty statements many companies issued following the murder of George Floyd, we’ve seen a significant uptick in the number of companies putting in the work to develop and implement sustainable programs. Tactics include everything from more inclusive marketing to diversifying corporate boards and leadership teams.

Is America’s Largest Majority Declining? The Future of Hispanic Identity

Every year around this time, we celebrate the culture, traditions, and contributions of Hispanic Americans. Hispanic Heritage Month is celebrated from September 15th through October 15th. This year, we take this opportunity to highlight the size of this demographic and predict changes on the horizon. But first, the data. Based on the 2020 Census, Hispanics now account for 18% of the U.S. population.