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2Federico:That's what you did.Sonia:Was just it was very cool. I wish I would have known, like, further in advance, I would haveprepared myself a mate. We could be drinking mate at the same time.Federico:I havea headache here. Counting me everywhere I go. In fact, we have time for a bit ofa cultural, you know, detail. I can tell you how Mate was born because I think it's a story.Sonia:Definitely. Okay. Remind me at the end. We will definitely cover it. Alright. So you are apartner, as you mentioned, in a minority-owned publishing and media company. Why is there a needfor minority-owned media and publishing companies?Federico:Oh, do we have, like, 3 hours? This is part of my life. That's why we created Messenas.So I think overall, minorities have been overlooked for a long time in the US. And I think there are,like, 2 different things that actually brought us to create, Messenas.On one side, minorities are becoming bigger a bigger portion of the US. Weare a minority. We'reHispanics. We're, I'm Argentinian. My partner is Argentinian. We really care about our culture.And then one thing that we have been seeing, and mostly maybe after the things that happenedwith like lives matter, which actually I think led to an approach of all minorities matter.And I believe the last few years, have seen a change in the way some brands and agencies seeminorities. And we felt that there was a need to kind of help those brands engage with Hispanics inan authentic way.Because I feel that there are a lot of, different pieces out there, and some marketers or agenciesdon't really know how to put them together. So I think, they need people like you or me to help themunderstand, our communities.Sonia:Yeah. Yeah. I read somewhere that brands spend somewhere around 5% of their mediaspend with minority-owned media companies, and that's, like, all minorities, you know, put together,not just one of them. Whenever brands are looking to target consumers or engage consumers,particularly those from underserved communities, should they be looking specifically to reach themthrough a media source or a content source owned by that community?Federico:Absolutely. In fact, when you look at the data, we know that, in just a fewyears, Americais going to be multicultural. So right now, I think all minorities combined are 48% of the population.So in a few years, we're going to be 52. So America is going to be bicultural.And when you start looking at the breakdown of those different communities, you see, as anexample, Hispanics, which is, you know, what I've been doing for a long time, we're almost 20% ofthe population. However, as you said it, we get less than 5% of the marketing budget.And if you can actually take the storyto Hollywood and representation in movies, like, it happenseverywhere. Right? And one thing that I see for certain is that, the brands that are not investing inminorities, not just Hispanics in general, are really missing out.And the ones that do actually are rewarded with tremendous growth. So I do think that they shouldbe, looking at different ways of engaging with these minorities, specifically through media, content,and technology in general.
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3Sonia:Absolutely. All right. The Hispanic community is super diverse. Right? I know that a lot oftimes people, they might put one idea and that's not just for the Hispanic community. It exists for alot of different ones.There are a number of different intersectionalities and other things like that. So I'm curious. Can youtalk a little bit about the different forms of diversity that exist that impact the ways in which brandsshould be engaging the Hispanic community specifically?Federico:Yeah. You're absolutely right. In fact, maybe this is not a widelyknown fact, but, as opposed tomaybe other, minorities, Hispanics are very fragmented. Right? Like, you know, we're not amonolith. So there are a lot of nuances to culture, to country of origin, to the way we consumecontent. It's not the same being Peruvian, Mexican, Argentina, Colombia. Right?Sonia:Yeah.Federico:There are different, different approaches to the way, all those different micro-communitiesactually consume content, and what they're interested in.And there are a lot of insights that weactually have gotten from having a direct-to-consumer brandfor such a long time so we could engage in conversations and understand what people like, andwhat they didn't like, create our own content calendar to engage with them.And I think it's very important to understand not only those nuances, but also, the matter of language.There's another misconception which is, okay, Hispanic is Spanish. Is that not necessarily the truth?So one thing that we know is, I told you about, like, we're almost 20% ofthe population.There are some mind-blowing facts that I love. I don't know if you know this, so when I was I learnedthis, it's like, is this true? I had to check it out, like, many times to make sure that it was true.So, Hispanics represent 50% of population growth. Meaning that out of every 2 babies born in theUS, one isofLatino descent.Sonia:Wow.Federico:That's crazy. Right?Sonia:Yeah.Federico:But that means that you know, of course, Hispanics are becoming younger and youngerand also more bilingual. We really don't like talking about acculturation because I don't think culturehas anything to do with it. It's just like with a difference.And,so when you're thinking about how to approach Hispanics, one thing is country of origin, andlanguage preference, because, again, the younger generations, of course, are more bilingual orEnglish dumb than older generations that prefer Spanish and also know a bit of English.So there are a lot of different nuances in kind of crafting ideas to engage with them in a way that Ithink needs to be authentic. Because we also, as minorities, react to authentic content that, youknow, to brands that care, that actually have, you know, our interest in mind as opposed to justthrowing ads everywhere.
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4Sonia:Yeah. Yeah. Alright. I'm super curious because you've done so much of this work and havebeen entrenched in it for such a long period of time.Are there anymisconceptions about the Hispanic community that you, once and for all, want peopleto just shut down, stop thinking of it, stop putting it in your marketing? Is there anything that you justfeel like, I wish people would stop doing this or stop thinking this.Federico:Yes. Actually, there are there are a few. Language is 1, as I just mentioned. I think thinkingthat Hispanic is Spanish is a misconception. It could be anything. In fact, we're, more and more aswe create content-embedded, intertwining, Spanglish everywhere.Sonia:Yeah.Federico:In fact, recently, we just did, an amazing show, talking savor with with Pepsi. You cansee it on Hulu, with Aaron Sanchez, Superstar, MasterChef cohost. And one thing that I love aboutthat show specifically is that language flows. There's it's not Spanish or English. It's kind of a mix.And people react the way the way they want to react to whatever is being said.Sonia:Yeah.Federico:So that's when you can see the genuine way in which they feel about something.Whetherit's just a joke or they may react with something like, "Oh vamos! Increible!" like in Spanish orEnglish. So that's one thing that I love.So language is one misconception. There's another one which is I don't know if we should say thisin the podcast so you can edit this afterwards.But this thing that, you know, Hispanics are, like, second class citizens, that they are, actually, like,behind, McDonald's, which is there's nothing bad with that.But when people think about it, Hispanics are okay. You know, Hispanics whether work in the landor, like, work in a restaurant, which may be the case for a lot of, Hispanics, but there's also anelevation in the culture.And when we actually created our Messenas as our company with Cuisine specifically,whichfocuses on food, we wanted to show, I would say, the US and the world, what we, Latinas, arecapable of.And if you go check out our website, if you like food content, you'll see that there's an elevation inthe way we shoot our recipes, and the way we shoot content. And that's something that we alsowanted to do, uplifting the Hispanic spirit in a way where, you know, people would see, yeah, theHispanics are not what I thought they were. You know?Sonia:Yeah.Federico:They're much more. So thoseare the 2 things that I usually hear a lot about that,whenever I can, I talk about it because I think it's a misconception of, Hispanics as a community.
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5Sonia:Yeah. No. I love both of those. It's interesting. I was kinda laughing to myself because mydaughter, Luna,is4, and she speaks Spanglish. Right? Like, so last night, she's like, "I wanna totake a bath, después de la cena" Right? She's mixing it all together in a way that makes sense forher as she's learning and growing. I just feel like fora lot of people, like you said, there's no formula.It's just the way things pop up in their heads. There's a preference. That's just how it feels. I love tosee more brands starting to incorporate that in their marketing. Do you have any specific trendsthatyou want people to be aware of as it relates to engaging with the Hispanic community?Federico:Yeah. There are a few interesting ones still talking about, like, mind-blowing, you know,details and insights. I'm kind of a numbers guy. And, But I likewhat numbers speak in data story.One thing that has been a trend for a while and could also maybe be a part of your previous question,is the misconception, but it's also a trend, which is, that Hispanics actually over-index in technologyadoption in general, in mobile specifically.We know that in terms of particularly mobile device use, we over-indexed by almost 12% of the othermobile users. This, I think, is an important fact to understand how to craft content for Hispanics in away that actually isorganic. So mobile-first, digital-first.And one thing that is not widely known also is that we tend to, live in multi-generational houses. Sowe under over index there, so we live with our our parents, our grandparents.And when you add the fact that weare kind of considered or we consider ourselves to be naturalinfluencers because we actually when we're buying something, we want people to have a say. And,you know, and we ask for opinions.And then maybe it's the song recommending, like, a mobile device to their parents or grandparents.So that becomes, like, you know, becomes almost like, you know, every everything every messagethat you give to the US Hispanic population, it's elevated to the power of Latino. Right? Like, youknow. You can share themessage, which is, I think, a nice community story, but also it's interestingas a marketer.Sonia:Yeah. Yeah. Alright. So you just mentioned community. And I think that a lot of times whenbrands are starting to engage different communities, specificallythose that are underrepresentedand underserved, they just start marketing.Maybe they change things up from a representation standpoint, but it's all very for me, it feels verytransactional. And I know you've been involved in some projects where it hasreally been abouthelping brands uplift and support communities.Can you just talk a little bit about why it's important not to just say, hey, buy my stuff, and actuallybuild relationships that uplift, support, and advance the community, specifically with issues that areimportant to them?Federico:Absolutely. In fact, it all starts with what you just said, which is community. There's acommunity impact in general for any brand, I think, should be always considered as part of theapproach as opposed to,yeah, this is my product, buy it. Right? Like, these are the features. That'snot the way not even it has Hispanics. Like like, that's not the way we as a community engage withproducts anymore.
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6Sonia:Yeah.Federico:Like, you're not going to buy a phone because it has, like, the best camera or whatever.Usually, like, what sells you is, oh, you can I can shoot my baby running, you know, in the groundwith this amazing camera? So there's a story behind the product. Right? And, I think that's, evenmore true when you think about minorities, specifically Hispanics.They do care more and more about the intentions, let's say, behind whatever brand wants tocommunicate. And I think it's very important to understand that themost organic way or let's say themost authentic way of engaging through content is the way that actually ends up selling, if thatmakes sense.Because we're talking about selling, but also creating the story behind it. And there's data thatactually backs this up. Like, you know, people in general, are not buying products just because ofthe price of of features.There has to be a story behind that. And if that story comes with, this community, you know, element,all for the better.Sonia:Absolutely. Yeah. A 100% agree with you. Do you have any best practices that you'd like toshare for marketers who are getting started engaging the Hispanic community?Federico:Yeah. So one thing that I believe has been a good change and I think there's room foreverybody in the marketplace.So, I think we could all share. But I like the fact that, over the last few years, there has been a shiftin trying to leverage the power of minority-owned companies. Like, we are a minority-owned certifiedcompany.But what I mean by that specifically is go to the people that that actually are your target. There'snothing wrong with going to the big companies out there, but I think there's a place for everybody.And I believe that when you're thinking about, like, you know, pointers to engage with this communityis, okay, talk talk to that people, as opposed to going to company x, targeting Hispanics withtechnology.Talk to the people that actually are part of the culture, so that you understand. I'll give you anexample. A few years ago, we were working with a brand, specifically, food content. And, theywanted to reach out to older generations of Hispanic studying specific products.And so they wanted to craft, what they wanted us to craft, a campaign for them, which we, of course,were happy to do. But the insights were telling us, Hey, you know what? This generation prefers tosee content in Spanish or a mix, not English.And because this company had already, like, a preset, you know, group of different creatives inEnglish,they said, no, no, it has to be English.And we ended up saying, like, I mean, that won't render results for you. Like, you know? And wewere trying to push them in that way, like, gently pushing in that way.And they decided not to go with us and to do it with somebody else just to run those ads.
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7Okay. That's that's a crazy story. Like, you know, it's like, oh my god. Like, how is it possible? Likeand I think that may be, kind of a pointer because maybe some other company would say, yeah, Irun your ads, which of course we can do.But don't you want to see a return on the ad spend on the other side as well? Like, you know, wecan help.Sonia:Yeah. I think we see that a lot. Right? Where when people are thinking about their Hispanicstrategy, and you said this earlier, it's, oh, we're gonna do translations. It's so much more thantranslations.But I think sometimes, like you said, it's not about taking what you already do and then just tweakingit for this community. Sometimes it means, like, completely abandoning what you're already doingor what you're accustomed to doing and starting with this community first in terms of, like, we'redoing specific content.I remember I was talking to my husband and he was telling me about the story, this kind of famousstory in Argentina. And he was, like, you know because in Netflix, they do a lot of local contentspecifically for the community or the different markets that they're in, because, you know, they wantto make sure that they're having these local, sort of, stories and content that is very relatable to thecommunity.And it's one of those things where, how do we start thinking about creating original content whereyou have the resources that resonates.And so it's not like you're trying to repurpose something that you've already created, not with thecommunity in mind, but you're developing content, resources, products specifically for thiscommunity.And people can really tell the difference whenever it's something that was created for them by peoplewho are part of the community versus something that we're, like, trying to send to you after the fact.Federico:Absolutely. I think it goes back to what you and I were discussing, like, 5 minutes ago,which is this culture and nuances. It's, true for the different groups of, Hispanics, and it's true forevery community in itself, like, you know, in and out of itself.Like, I can't, and and and that's one of the things that we always try to do, making sure that, youknow, at least if we're going to deliver a message because we need to send our kids to college, sowe need to make money off of it.But let's make sure that it's impactful, and that it makes sense for that specific audience. Like, ifsomebody came to me with an idea to reach African American or Asian, communities, I would say,like, look, I don't I don't really know.Like, I can't tell you that, yeah, let's let's translate or whatever, or let's change the images. Like, Idon't think that really cut it cuts it.Sonia:Yeah.Federico:Same thing for Hispanics. Like, it's almost applying the Google translate, like, you know,version of marketing. I don't think it really, does the job. I mean, we could always do it. But Yeah.Does it really drive any meaning to the target and to the brand? Probably not. I don't think so.
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8Sonia:Yeah. Alright. So along those same lines, I have I wanna switchgears a little bit. I have afew sort of quick-fire questions I want to hear. Like, what is your take or what is your point of view?So the first one is what should marketers how should they refer to the community.We hear Hispanic. We hear Latino. We hear Latinx. We hear Latine.There might be some other ones. What what should what what should we say and why?Federico:So I think, you know, it depends on, I it happens to me with my daughters all the time.Like, you know, I hear them speak and sometimes say, oh, no. I'm messing up.I'm not saying it the right way because there are so many different ways of saying things right now,and maybe for people like me, I would say, like, I think I'm older than you. So, like, I'm, usually, like,thinking, okay, this is what I learned and this is how it's said or done today.So I need to kind of adjust my approach. So with Hispanics, I think it's the same. So Hispanic alwayshas always been, like, the formal term, the US Hispanic, and that involves, like, the wholecommunity.I think we're fine with Latinas too and Latinx when you're not speaking about gender or anythingelse. So I think all 3 can work depending on the environment. But I don't think anybody will beoffended by any of those 3. SoSonia:Okay. What isyour take on AI Spanish translations?Federico:That's a hot topic. I would say, I'm in general opposed to translation by itself, whether it'sAI or some other type of translate translation. You it's funny sometimes it's funny to see the outcomeof, like,oh, we have this, you know, group or set of, creatives that need to be translated into Spanish.There are some words that actually don't have a translation or the meaning is different. So I think AIactually is an amazing tool, and we're using it, in different stages of the work that we do, like fromsales to, actually helping us sort of, sort of, content and optimizing for insights.But then I still believe and again, maybe old age again. I believe that the human element is soimportant, even as as of today.Basically, because what you and I were saying before, like, you know, there there are closernuances in how you read and interpret a message, whether you're Hispanic, Spanish down, Englishdown, or bi or bilingual.So I think, like, AI is good for alot of things. I think the cultural nuances arestill not there.Sonia:Got it. Got it. Alright. Subtitling versus dubbing. Do you have an opinion or preference whenit comes to content?Federico:I do. So in Argentina, I don't know if you if you know this. So in Argentina, we get all ofour cartoons dubbed. When we're kidsSonia:The Simpsons. Right?
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9Federico:The Simpsons. The Simpsons. Like, all of those cartoons are dubbed, but they aredubbed in Mexico. So our kids in general grew up speaking, like, Mexicans until they are, like, youknow, maybe 6 or 7.But then, like, they will use, neutral Spanish, whichis very it's funny to see. "Oh, hagamos esto,estamo aquí" instead of "estamos acá" which is the Argentinian. Right? So, I think and again, itdepends on the target. Right?Like, in general, I prefer subtitles because I think they give you an idea of theoriginal language in inwhich the content was recorded, and then you can read.But I know I know a lot of people don't like reading, so I think dubbing is fine for some cases. But Iwould say, like, dubbing should be probably, like, more, nuanced to the the culture. I supposeArgentina is growing up, speaking like Mexicans, and then they are, like, 10.Sonia:Yeah. No. No. Totally get They should definitely do it and hopefully put it with an Argentineaccent. So, yeah, it's it's very localized.Alright. And then the last one would just be and I think we might have covered this before, but justany stereotypes or tropes that you're just tired of seeing and that you just don't want to see anymore?You're over it.Federico:Yeah. I think it's pretty much likelanguage, technology, and buying power, I would say.Those are the 3 things that I usually see as misconceptions or stereotypes.Okay. With Hispanics. And when you look at, it's again, going back to the data, but, buying powerthat we're we're commanding, like, 2,500,000,000,000 numbers that I don't even get.$2,500,000,000,000 of buying power, and there are affluent Hispanics, like, pretty mucheverywhere. So I think, again, there's a misconception, and I think it may happen to all minorities.At some point, they are, like, you know, putting one specific silo where, like, where so many differentthings, You know?Sonia:Yeah. Yeah. No. Totally agree with that. Totally agree with that. Yeah. I think there's a lot oftired things. I remember a story where Jonathan was telling me about the movie Man on Fire, wherethere was a with Denzel Washington, and Mark Anthony is in it.And he was telling me there was a famous Argentine actor who decided to turn down the rolebecause he was just so annoyed with the stereotype that Latinos are always drug lords or into drugsin some way, and he just didn't want to be a part of that anymore.So him taking the role would have just continued to perpetuate it. So internally, he was just like, oh,I can't I can't do it anymore. But, yeah, I've seen a number of those types of things even with theblack community as well.Federico:Absolutely. Yeah. They have us everywhere. Like, you know, I would think, like, anyColombia that is offered, like, a drug dealer, like, you know, parties.Like, come on, dude. Like, you know, it's we're not all that. You know? And Yeah. Our continuoussame thing.
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10Like, you know, it's I agree 100%. I think that's why, you know, going back to what you asked before,whenever there are brands trying toengage or connect with these audiences, like, you know, go toI don't like saying experts, but just go to the people that are part of your target so that you at leastget an authentic result out of what you're doing.Sonia:Yeah. For sure. Can you tell meabout a time when a brand made you specifically as aconsumer feel like you belonged?Federico:That's a good question. I think, you know, there was a Target campaign. Like, I knowTarget went through, like, you know, a lot of different, issues last year.But, I when I moved here,my my kids were were very young.So at some point, like, running to Target was a thing, like, you know, where we would get, like, thetoilet paper and they would just see other stuff. And I remember, like, you know, of the signage thatthey had, like, where whereas I thought, like, you know, okay, here in the US, general market is onething and that's what you see everywhere.And I remember seeing, like, maybe, like, 6, 7 years ago, the the pictures that were shown were notjustof, like, you know, what you would consider, like, you know, vacation, you know, the vacation,you know, group. Like, you know, they had, like, different things.African American, Hispanic, like, and I felt, okay. Well, this feels more inclusive. Then weneed totalk about whether, like, you know, all Hispanics look the way the same way, all African American,like, that's a different conversation.But at least what I appreciated at that time was, okay, there's an intention. You know? And I wouldsay, like, I think that's important. And then one thing that I definitely like is when talking aboutHispanics, when they're actually being featured in big movies or series, like, you know, for example,you have Andor with, De La Luna, like, you know, different, different actors that are actually part ofsomething where they're not playing the Hispanic part. They're, like, just a character.You know?Yeah. So I kind of like that.Sonia:Yeah. Yeah. When they do representation, it doesn't feel tokenistic. Right? Like, they'rethey're yeah.Totally get that. Alright. Where can people find you or find the work? All the great workthat you're doing? You mentioned your cooking series and your show.Where can people find all the great stuff that you're doing?Federico:Thank you for asking that. I would say a good place to start would be COSENA. We arecosina.com, and then socials everywhere.That's actually how we started thinking about authenticity. Food was the first thing that came to mindwhen trying to undertake this, you know, the big idea of, like, a huge undertaking, which is, okay,how do we connect brands and the audience to Hispanic culture? So food was the first thing.So Cocina, which we created with Aaron Sanchez, became the first of many brands that weretocome that Messena owns. Right? So we are casino.com will be the first one. Then, there's a a newbrand that actually we self launched a few months ago, which I think is something that the marketdesperately needs, which is called Starpix, starpix.tv.
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11And Starpix is what we like calling, like, the ultimate content discovery tool. If you think about it thisway, maybe maybe you know when I say this, like picture yourself Friday night, you're alreadyfinished binge-watching whatever series you were binge-watching.You don't know what you're going to watch next. So you're still with your husband, you turn on theTV, you flip through Netflix, Apple, Hulu, whatever that is, and you turn it off. 15 minutes later, veryfrustrated. You know what to watch. There's so much stuff out there. Say, oh, I don't know.Like, if if nobody recommended a series to you, you're not watching anything. It's like, okay, whatdo I watch now? Because there's, you know, an overwhelming amount of content out there.So we create the start picks for your stars, picking the content for you. So if you're a fan of Nice.Let's say, Anarone Sanchez or Chiquis Rivera, like she's an music, icon, for Hispanics, you likethem, you follow them on social.When they say, hey, go to my Starbuckschannel and, and see what I like watching in my free time,probably your interest is going to be picked. So you go there and you start enjoying and I don't AaronSanchez, as an example, likes Viking stuff, like history stuff, not just like food shows. Right? So Ithink, those are 2 brands that we really love that are, like, direct-to-consumer brands.And then, of course, our messenascrip.com. That's our company where we have all our our pillars,like our own brands, plus our media platform, our content studios, and our gaming division.Our mission of uplifting uplifting Hispanics has gone through all different passion points. And I andI don't like the word passion points, but different facets of being Hispanic. Right? Entertainment,music, gaming, you know, sports.So, hopefully, you know, there are a few of those, websites that can be checked by the audiencehere.Sonia:Well, I will definitely put all those, links to them in the show notes so people can access iteasily and check it out. I definitely wanna go and see what kind of stuff you'll have on Cocina. Iimagine there are some Asado-related things on there. Right?Federico:So of course, you have to matter too. Like, you know, they still have, like, cultural stuff.Like, so absolutely. Alright.Sonia:Alright. Well, before we get to your parting words of wisdom, please tell us the origins ofmate. I wanna hear aboutit.Federico:Oh, thank you for asking. I think it's a beautiful story. So I don't know if you know. This is,like, you know, mate for everybody that doesn't know. It's kind of like tea leaves, in a cup. Like thisstraw has a filter.The beautiful thing Ibelieve is that it's more like a ritual that you actually make you and then youshare with friends, usually with friends. And we dream from the same straw, which kind ofbringsthis idea of community.Right?You're sharing, like, something that is very intimate, like you're sharing this with your friends. Usually,you wouldn't go give this to people walking on the street, but your friends would do.
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12This actually, was born out of the native people in Argentina way back, The Guaranies, they werelike a tribe and they had this sense of community too. And what happened is when somebody diedin the tribe, they would bury that person, but they would have this deep feeling of loss because itwas almost like a part of their body that that was gone.Because again, in this community everybody owns everything, like, you know, they they shareeverything.So what they did is they started, you know, planting the seed for something that then became mate.And once the plant grew, they would actually boil water, put the leaves in there, and drink themtogether. And they felt that the person that was buried there was now a part of them.So they carry that person with them. And that plan that had, like, this weird name, you know, PlantisYerbalis, I don't know what, became Yerba Mate, which is what's in here. And that was the origin ofmate. Like, you know, boiling the water, putting the leaves there, but then sharing with other people.It's almost like we all share this as a community. So that's kind of a story that I like.Sonia:Very cool. Alright. Question for you. You may think this is blasphemy. Do you put sugar inyour mate or no?Federico:I need to leave now. No. No. I think, you know, I my brother is here visiting for my birthday.Today is my birthday, by the way.Sonia:Oh, happy birthday, Feliz cumple.Federico:Yeah. Thank you. Gracias. And, so my brother is here. He drinks mate with sugar, and Idon't. So we usually try to share the one that has a little bit of sugar for me.But I think, you know, for everybody, some people drink, like, cold mate, which is, you know,Sonia:TereréFederico:Tereré, very good. Yeah. Yeah.So I think, mate is mate. Like, yeah, I everybody can drink any any way they want. I prefer it, like,youknow, with no sugar. This is actually one of my perfect gifts for my mom.Sonia:Very cool. Very cool. Federica, this has been so much fun. I learned so much. Any partingwords of wisdom for marketers and business leaders who want to do a better job of marketing toHispanic consumers and serving them as customers?Federico:Thank you so much. First of all, thank you, Sonia. I had a lot of fun, and I was notexpecting the Argentinian background that you have. That was amazing.I mean, you were telling me that you lived, like, 4 years in Argentina, which to me was incredible. Interms of, things to consider, I would say, I think you touched on a few of those.The first one is whenever you want to craft campaigns or reach Hispanics, or say minorities, makesure that you engage with with with that target. Like, you know, whether it's African American,Hispanics, like, just talk to people that actually can help you market to those people in a meaningfulway.That's number 1.