A Latino Red Wave? The Blowback on Dynamic Pricing, Craft Beers Cool Off, and Cash-Strapped Healthcare Workers
The latest trends in society and culture from The Harris Poll
Good morning from Milwaukee.
From teamsters to tech leaders, The RNC has, so far, platformed a surprisingly wide range of voices. One group that longs to be heard is Latinos. Yesterday, we released a new study with Axios and Noticias Telemundo, indicating that many Hispanics are looking at the GOP with new interest and energy. Is a red wave coming? (80%) of all Latino Americans say they “are often used as pawns by politicians who don’t care about us.”
We’ll delve into that story (below), along with three other new polls from America This Week, fielded July 10th to 12th, among 2,034 Americans:
Have a great rest of the week!
John
1. Latinos, Focused on Their Own Economy, Are Taking a Fresh Look at Republicans: Axios Vibes By The Harris Poll
Yesterday, Axios Senior Contributor Margaret Talev, American Principles Project director of Hispanic engagement Alfonso Aguilar, and I discussed our latest Axios Vibes By The Harris Poll. And Latino Republicans are much more enthusiastic than Latino Democrats.
(You can watch the full conversation here).
Takeaway: Currently Latino voters see the GOP as out of touch with everyday people (49% v. DEMS 34%) and favoring corporations over workers (47% to 33%). But as Trump remakes the party's image in his likeness, Latinos are primed to receive that message because it's a more populist message. It's him improving their economy that drives the newfound enthusiasm. Many believe the former President has the potential to make a difference in their life this go around.
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Dynamic pricing, first popularized by ride-sharing services like Uber and Lyft, refers to businesses adjusting prices up or down to account for supply and demand factors. But our latest survey with NerdWallet reveals growing resistance and frustration driven by consumer frustration with transparency and FOMO of missing lower prices.
Dynamic Blowback: More than a fifth (22%) of Americans say they wouldn’t spend money at a business that uses dynamic pricing, especially older consumers.
Takeaway: Neither dynamic pricing nor its surge pricing variant is the same as price gouging — when businesses raise prices to take advantage of consumers without alternatives, such as artificially inflating gas or food prices during a natural disaster. Unlike the unethical practice of price gouging, consumers can benefit from prices that fluctuate in both directions. Yet, when companies come under fire for dynamic pricing, it may lead to cautious consumers.
Gone, it appears, are the days when you had your “beer drinkers,” your “wine drinkers,” or your “spirits drinkers,” etc., according to our new survey with the Brewers Association. Younger drinkers are drinking a bit of everything but fewer craft beers.
Takeaway: Although craft beer used to be the dominant drink a few years back, the countless new offerings in alcohol have pulled people’s interest and money in different directions – even among craft beer enthusiasts. Simply, everyone is drinking everything today, and with all this variation, alcohol companies may need to evolve their marketing and offerings to grab attention.
Inflation has hit virtually all Americans pretty hard, especially those we rely on daily. Our latest research with DailyPay shows that most healthcare workers today struggle with finances.
Takeaway: "Healthcare workers have selflessly served communities all across the country during some of our most difficult times," said Ed Zaval, Chief Customer Officer at DailyPay. "Amid continued high inflation, they are challenged to make ends meet and pay bills on time."
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5moSounds like a packed week, lots to digest!