I’ve been planning an expansion into LATAM for our US-based brand for the past 6 months, and I realized quickly that treating Mexico, Brazil, Colombia, and Argentina as “one market” is a disaster. Each market is completely different economically, culturally, and strategically.
Here’s what I’ve had to map out:
Mexico: Huge, accessible, but saturated with US brands already trying. The opportunity is with brands that actually invest in Mexican creators and Mexican-specific messaging. Spanish is shared with other LATAM markets, but Mexican humor, cultural references, and consumer behavior are distinct. The e-commerce infrastructure is solid. Instagram and TikTok are both strong, but YouTube is still where serious content engagement happens.
Brazil: Completely different because Portuguese. This is the wall that stops most US brands cold. You either hire Portuguese speakers or you don’t go deep. But the market size makes it worth it. E-commerce is growing fast. TikTok is absolutely dominant for under-30 audiences. Instagram for 25-45. YouTube for 30+. The influencer scene is mature and professional—pricing is higher because creators know their value.
Colombia: Smaller market but underserving opportunity. Peso is weak, so creator rates are significantly lower than Brazil or Mexico, but audience quality is high. Growth trajectory is strong. Similar Spanish dynamics to Mexico but distinct cultural identity. Brands willing to actually invest in local creator relationships can own space here before it gets crowded.
Argentina: Interesting market. Economic instability creates opportunities and risks. Creator rates fluctuate based on peso value. Audience is sophisticated, high media consumption. Spanish-speaking like Mexico but with completely different cultural vibe—more European-influenced, less colloquial. Digital payment infrastructure is less developed than Brazil.
Here’s my playbook (still building it, honestly):
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Hire on-the-ground advisors early. Not just contractors—people who actually live there and understand market dynamics. They cost money but prevent catastrophic mistakes.
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Start with one platform per market based on your audience. Trying to crush it on TikTok, Instagram, AND YouTube simultaneously is how brands waste budget. Pick your primary platform for each market.
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Build a creator roster specific to each market. Don’t assume a creator who kills it in Mexico will kill it in Colombia. Test, measure, build relationships.
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Invest in cultural validation. Before launching a campaign, get local creator input. Pay them for their feedback. It’s not free consulting—it’s market research that prevents expensive mistakes.
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Localize beyond translation. Adapt product messaging, positioning, value prop to local context. A benefit that resonates in the US might not matter in Brazil.
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Build in measurement and iteration cycles. First month is learning. You’ll get things wrong. Budget for optimization, not just execution.
I’m in the thick of this right now, and honestly, it’s more complex and more interesting than I expected. Every market requires different strategic thinking.
Has anyone else done a LATAM expansion? What surprised you most about each market? What would you do differently if you could redo it?