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  COMING IN DECEMBER 


 


"A Must-Read
For Marketing
Professionals"

Introducing a new trade magazine for the new opportunities in African-American marketing and media.


The December 2007 issue of Target Market News magazine offers in-depth stories on:

- Inside P&G’s “My Black is Beautiful” campaign
- The targeted ad strategy for the 2010 Census
- New advertising campaigns and assignments

Plus a special spotlight on the nation’s top African-American ad agencies

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 Departments        
Advertising & PR News
Marketing News
TV & Cable News
Radio News
Magazine News
Newspaper News
Internet News

Retailing News
Consumer Research

Expenditure Data
People in the News
Industry News
Company Bios and
  Background


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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
 

 

SMG unveils study at ANA that suggests new approach to black consumers

By Aisha Sylvester
Black Enterprise
(November 7, 2007) With the buying power of African Americans projected to reach $1.1 trillion by 2011, Starcom MediaVest Group (SMG) and Dr. Nat Irvin II, University of Louisville professor and founder of Future Focus 2020, have conducted a study aimed at providing advertisers with a strategic approach to reaching black consumers.

Released Tuesday at the Association of National Advertisers conference, SMG says the Beyond Demographics study underscores its desire to provide clients with the best way to value and measure their investment in the black community. Billed as the most detailed information on the African American buyer available to advertisers, SMG hopes to have it imbedded in the industry’s metric system by the second quarter of 2008.

Currently, less than 1% of U.S. advertising dollars are spent utilizing targeted black media to connect with the African American population. Instead, advertisers rely on the inclusion of black images in the general market, a move which Miriam Muley, founder and CEO of marketing firm The 85% Niche, claims is negatively impacting African American spending.

Esther Franklin, executive vice president and director of cultural identities for SMG, believes the fresh perspective of this study will result in the development of a variety of strategies to effectively reach the community—once advertisers become aware of the various lifestyles led by African Americans.

"We're excited to be able to share the texture, the depth, and the richness of the African American culture in an environment that's [never] really had this level of insight to it before," says Franklin.

Work began early this year when SMG and Irvin gathered information from more than 1,000 African Americans across the country. The study showcases the breadth of the community, painting a picture of the various identities found in the rich, multilayered black culture.

"The exciting thing about this project is looking beyond the normal lens through which we see ourselves, then having others look beyond how they see us," says Irvin, who has been working on this concept since 1996. He hopes the information provided by the study will result in the portrayal of more positive and diverse African American characters in the media. Companies such as Coca-Cola and Kraft have already been briefed on the contents of the study and are enthusiastic about having such detailed information on one of the leading consumer groups in the country.

Muley is just as enthusiastic about the research and commends SMG for their proactive leadership on the issue. "I think this is the kind of research that is needed to advance the efforts in the African American space, she says." She hopes that Beyond Demographics will encourage advertisers to ponder and put into effect the results of the research. "I am very excited this is the direction we’re moving in and hopefully marketers won't turn a deaf ear and do business as usual."


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This is the industry's only  symposium  examining the latest research, trends and opportunities for African-American magazine publishers and advertisers

 TOPICS TO BE COVERED

- Successful Start-up Strategies

- Improving Advertising Sales

- Building Your Magazine’s Brand

- Successful Website Strategies

- Opportunities From Editorial

- Latest Black Magazine Research

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 13th Annual Edition 
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.

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