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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $719 Billion (2005)

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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Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

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Copyright
© 2007 by
Target Market News Inc.

All rights reserved
Business address:
228 S. Wabash Ave.
Suite 210
Chicago, IL 60604
t. 312-408-1881
f. 312-408-1867
info@targetmarketnews.com
 

 

Three black-owned firms come together to win Lexus advertising account

(August 28, 2007) In early August, Push Creative, a New York-based branding agency and Unity Media, a New York-based media buying agency, together with Beverly Hills-based branding firm Walton Isaacson, were selected as an African-American team to work on promoting the Lexus brand to African Americans in both urban and suburban markets. The team is expected to incorporate strategic planning, creative development, experiential marketing and media fulfillment services into their campaigns. Each of the three firms is an independent and minority-owned.

Lexus’ decision to establish this partnership is based on the reputations of the three African-American companies who together have an innovative approach in developing lifestyle initiatives and integrating technology into their campaigns. The company is looking to the combined work of Unity Media, Push Creative and Walton Isaacson to help increase their presence in the African-American market.

Echoing these sentiments, Rudy Gaskins, creative director for Push Creative said that “Lexus is an extraordinary brand and we intend to improve its standing with an innovative and compelling campaign that powerfully resonates with African-American consumers.”

Keeping in the spirit of originality, Aaron Walton, partner and co-founder of Walton Isaacson said that “For us it’s all about generating unconventional ideas that position clients in a way that makes a lasting impression on the consumer.”

In similar vein, Robert Tassie, president of Unity Media, said that “Obtaining the media component for Lexus allows Unity Media to exhibit the strength of the Black media and its ability to tap into the extraordinary purchasing power of the Black buyers.”


Push Creative is an independent, minority-owned agency providing strategic branding and integrated marketing solutions for a wide variety of entertainment and corporate brands, including American Express, Fox News Channel, BET, Costco, The History Channel, ABC, NBC, Spike TV and The New York Times. The company is especially adept at leveraging creative talent to deliver marketing solutions across both the general and African American markets.


Go to Target Market News homepage

 


   
Interep Presents
Ninth Annual
Power of Urban Radio

A Symposium for Multicultural
Advertisers, Ad Agencies, and
Broadcasters Focusing on the
Issues and Opportunities
Surrounding Urban Radio

September 20th, 2007
In New York City
Grand Hyatt Hotel
109 East 42nd Street
at Grand Central Terminal


Save the Date!    

For info contact Sherman Kizart,
Senior Vice President, Urban
Marketing at 312-616-7204.
sherman_kizart@interep.com
www.powerofurbanradio.com


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13th Edition Now Available 

New Buying Power report shows more spending by black consumers on 'necessities'


Thanks to economic gains in the past two years, black households across the U.S., especially middle-class families, are increasing their purchases of lifestyle and leisure items.

According to the newest edition of “The Buying Power of Black America,” there are indications that black households are feeling more confident about making purchases that...

Story continued...

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The African-American
Book Publishing Authority


Now in its ninth year of publication, Black Issues Book Review is the only nationally distributed magazine devoted exclusively to covering the latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author signings, book fairs and book clubs.
Want this issue? Get it with your new subscription.
Click Here


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