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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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Verizon wins two AAF
Mosaic Awards for multicultural ad campaigns
(September 28, 2006) Verizon has won two awards from the American
Advertising Federation in recognition of its multicultural advertising
campaigns. The prestigious Mosaic Awards honor companies that are at the
forefront of multicultural advertising.
Verizon and Burrell, the company's African-American agency, won the
first-ever Advertiser & Agency of the Year award, created especially for
Verizon's "Realize" advertising and marketing campaign, which featured
budding entrepreneurs who rely on Verizon's broadband service.
Additionally, Verizon and La Agencia De Orci, the company's Hispanic
agency, won a Multicultural Media Usage award for the 2005 corporate brand
campaign.
"We were impressed with Verizon and Burrell for coming up with the
'Realize' campaign, which really engaged people in the African-American
community," said Wally Snyder, AAF president and CEO. "The whole campaign
was just so inspiring that we created the Advertiser & Agency of the Year
award to recognize both Verizon and Burrell for their outstanding efforts
in multicultural advertising."
Jeff McFarland, director of multicultural marketing for Verizon, said,
"I'm so proud of the team for getting this kind of recognition. At Verizon
we care about our diverse customers and actively look for ways to
specifically communicate with them."
Following Verizon's "Realize" campaign during which an entrepreneur spent
21 days in a storefront to show how Verizon's broadband service helped him
live his life and get business done, the company also sponsored eight high
school events. Students who are aspiring entrepreneurs had to design
working business plans. The goal of each event was to encourage the
students to use entrepreneurial thinking and business practices in
carefully constructing and developing those plans.
Well-respected business leaders -- from Randal Pinkett, "The Apprentice"
winner; to Sean Garrett, R & B songwriter and producer; to senior
African-American executives from Verizon -- served as judges to give the
students suggestions and advice.
Verizon's win for Multicultural Media Usage was its attempt to reshape the
company's image from the "old telephone company" to a leader in providing
broadband services to Hispanic customers.
The original testimonial TV commercials -- "Wrestler," "Mixer," "Baseball"
and "Window" -- were stories obtained while conducting research for
Verizon's new Hispanic corporate brand Web site, www.atodoloqueda.com (to
the max). The four 30-second commercials reflect key Hispanic passions
that are intimately tied to broadband: music, sports, gaming and accessing
information about home improvement. In addition, Orci leveraged nine
customized media integrations to reach the young, bilingual, bicultural
Hispanic segment with sports, music/entertainment and technology/gaming to
deliver the Verizon broadband experience and invite them to live their
passions "a todo lo que da!" (to the max) with Verizon broadband.
These spots were added to the creative rotation and ran on targeted cable
stations including SiTV, LATV, Fox Sports en Espanol, Mun2 and Galavision.
Additional targeted media included local radio concert sponsorships, a
national online banner campaign, and print placed within national
magazines that portray the consumer's lifestyle.
Orci also adapted two other in-language TV commercials, "In" and
"Adrenaline," for the Hispanic market, providing continuity to the
established brand message. "In" was modified to better accommodate a
preferred Hispanic music genre known as Reggaeton.
The American Advertising Federation will present its Mosaic Awards and
District Two Diversity Achievement Awards, which recognize significant
strides toward a diverse advertising industry, on Sept. 27 at the New York
Athletic Club (180 Central Park South). For more information on the awards
ceremony, as well as feature panels featuring advertising leaders, visit
www.aaf.org.
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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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