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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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© 2006 by
Target Market News Inc.
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Flowers
Communications
marks 15th
anniversary with new Hispanic division
(August
15, 2006) Chicago-based African-American public relations firm, Flowers
Communications Group (FCG), has announced the launch of FCG Latino as its
Hispanic practice. This expansion makes it one of the largest
minority-owned, multicultural integrated marketing communications firms in
the U.S.
D. Michelle Flowers (above), founder, president and CEO states, “This year
marks a milestone year for us as we celebrate our 15th anniversary and
build on our guiding principles for the future of the agency. We have
embraced the evolving demographic landscape with the launch of this new
division and are now in a position to truly address and service the
multicultural growth in the United States.”
It is estimated that by 2010, Hispanic buying power will surpass $1
trillion. Recognizing the potential of this 40-million-strong Hispanic
market, Flowers adds, “FCG Latino will ‘reach and respect’ this burgeoning
market while taking into account its complexities. We have immersed
ourselves in our Hispanic practice with the same focus and passion that we
do with our African-American accounts. Our team of Hispanic marketing
professionals represents and understand the nuances of our communities,
which we believe is critical in successfully marketing our clients’
brands.”
Respected industry veterans Joseph Nebolsky de Ochoa and Gigi Ybarra join
the agency as the leadership and creative talent of FCG Latino. Nebolsky
de Ochoa, senior vice president, will head the division and oversee new
business development. As account director, Gigi Ybarra will be charged
with client management. The team was most recently at Indeo co., a
multicultural agency where Nebolsky de Ochoa was the principal. They bring
more than 30 years of combined domestic and international niche marketing
experience on brands such as McDonald’s, Harris Bank, Peoples Energy,
Kellogg’s, Kimberly Clark and Albertsons, among others.
“We have hit the ground running with a client tour and numerous new
business presentations to showcase our Hispanic capabilities and new
multicultural structure,” says Joseph Nebolsky de Ochoa. “The expertise
and true understanding of African- American and Hispanic marketing enables
us to bring to the forefront a unique agency point of differentiation,
which is our Ethnic Fusion™ model."
This strategic model explores African-American and Hispanic commonalities,
merges cultural nuances and creates an innovative, customized marketing
program. “As an example, we presented a program where we highlighted
key common traits among ethnic moms and their preference to cooking from
scratch," continued de Ochoa. "The brand had always approached each
segment separately and never in this common insights approach. We don’t
propose a ‘one-size fits all’ strategy, or to implement this model for all
of our clients; we’re just capitalizing on the synergies. Each segment is
unique in its own way, and we respect that.”
Flowers Communications Group was founded in 1991 with a mission to provide
quality public relations and marketing programs to reach and respect the
African-American market. FCG is an independent, minority and woman-owned
integrated multicultural marketing communications firm. The agency
executes national, regional and local programs in the top 20 urban
markets.
FCG’s current client roster includes American Honda Motor Co., the Black
McDonald’s Operators Association of Chicago, Courvoisier, Lawry’s Foods,
Luster Products, Inc., Miller Brewing Company, Philip Morris USA, The
Support Group and Walgreens.
FCG has received numerous honors throughout its 15-year history and most
recently was awarded the prestigious 2006 Platinum Trumpet award bestowed
by the Publicity Club of Chicago for the best overall public relations
campaign.
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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.
Story and statistics
continued
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