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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
Black U.S. Population:
38.3 million
Top Five Black Cities
- New York
- Chicago
- Detroit
- Philadelphia
- Houston
Top Five Black Metros:
- New York-New Jersey
- Washington-Baltimore
- Chicago-Gary
- Los Angeles
- Philadelphia
Top Five Expenditures:
- Housing 110.2 bil.
- Food 53.8 bil.
- Cars/Trucks 28.7 bil.
- Clothing 22.0 bil.
- Health Care 17.9 bil.
Click here for more stats from "The Buying Power of
Black America."
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Census
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Caribbean tourism officials urged to do more advertising with black press
(December
30, 2005) Elinor Tatum (left), publisher of the New York Amsterdam News
has called on Caribbean tourist departments to get serious about the
African American market and to redirect advertising and marketing spending
to capture this burgeoning market.
Speaking at the 7th Caribbean Media Exchange on Sustainable Tourism (CMEx)
in Nassau, Bahamas, Tatum said 38.3 million African Americans in the
United States spend $679 billion annually, almost $5 billion a year on
transportation, travel and lodging. “Yet when you look at the black press
there is little to none advertising geared to them for travel to either
the Caribbean, Latin America, Europe or Africa,” said Tatum, who reasoned
that travel expenditures would increase with targeted outreach.
“There are over 200 black newspapers across the United States and they are
greatly untapped when it comes to actually reaching out with dollars,”
lamented Tatum. She admitted that tourist boards do seek free publicity,
but recoil when asked to spend their advertising dollars to reach
potential travellers.
Oswald Brown, editor and general manager of the Freeport News in the
Bahamas, who has worked in the Black media market in Washington DC, called
on Caribbean governments to understand the strong cultural connection
between black Americans, the Caribbean and the Bahamas. “My government in
the Bahamas should start (with) full page ads in the New York Amsterdam
News,” he announced, calling for a unified media force to pressure
regional marketers.
Frank Comito of the Bahamas Hotel Association said the Bahamas Ministry of
Tourism had recently focused on targeting the American Black group market,
a decision which was bearing fruit in meetings and convention business
after about three years. “I don’t know to what extent we are doing it in
the media, but I know we are focusing and targeting and we are seeing our
numbers in those demographics change dramatically.”
Basil Smith, senior director of communications with the Bahamas Ministry
of Tourism, said the Internet was now gobbling up more of its marketing
resources, leaving finite resources for advertising in magazines and other
traditional print venues.
“For the smaller publications, we would have to be satisfied there is a
specific target in that community that we can go after with (a specific)
promotion,” he noted, arguing that it is very easy to target specific
group or convention business and deliver that revenue to the destination.
“We are in business, not to attract African American tourists or to
attract Caribbean tourists. We are in business to attract tourists who can
pay a certain price ... we are seeking the affluent traveller and it is
fine if he is a Caribbean national.”
Michael Edwards of the Jamaica Observer newspaper opined there is a
general lack of awareness about the reach of black publications. “From my
experience the local hoteliers and the persons in the tourism industry
really are not aware that there is something other than Condé Nast
Traveller or National Geographic or the Wall Street Journal that can bring
in a more diverse and higher spend of tourist.”
Gail Moaney, Executive Vice President of Ruder Finn, the public relations
agency of record for the Jamaica Tourist Board (NOT advertising agency),
said her agency works creatively with the black media using PR promotions
tools, such as paid editorial placements, which benefit both her clients
while generating revenue for the media outlet. She said by gently “moving
the needle”, advertising agencies and tourist boards could be convinced to
diversify their ad spending.
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12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
According to the newest edition of “The Buying Power of Black America”
report, African-American households are tightening their belts when it
comes to dining out, expanding their wardrobes, and leisure activities out
of the home. At the same time, they are increasing their spending on home
repairs and remodeling, audio and...
Story and statistics
continued
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