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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

Click here for advertising information

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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
 

 

NAMD calls on GM to reconsider its restructuring plans for black ad agencies

(December 4, 2007) In a statement issued by the National Alliance of Market Developers, Inc., the organization says it is “appalled” at General Motors’ recently announced plan to restructure its relationship with African American ad agencies.

GM executives sparked controversy when they announced that advertising accounts with two black ad agencies were being re-assigned as part of a restructuring plan. In an interview, GM vice president Mark LeNeve said that it was possible that African American ad assignments might be given to agencies that were not majority-owned by African Americans.

NAMD, the nation’s oldest advocacy organization for African Americans professionals in marketing, advertising public relations and corporate communications, said in a statement that it is “appalled at the recent announcement by General Motors that it is dropping or demoting several advertising agencies that create advertisements aimed at Black and Hispanic consumers and assigning much of that work to mainstream agencies.”

“Historically, African American advertising agencies have played a key role in creating and placing effective advertising and developing campaigns that have generated tremendous business results,” the statement continued. “As the world today moves more towards an increased multi-racial, multicultural and diverse mix, the efforts of African American owned advertising agencies are more vital than ever. Their unique understanding and sensitivity to this special market segment cannot be duplicated, substituted or replaced by mainstream agencies.”

NAMD said it urges GM to revisit its restructuring plan and “reconsider its position, while continuing to use African American advertising agencies as an integral part of their efforts to reach and sell African American consumers GM products today and in the future.”

Formed in 1953 by such African American marketing pioneers as Moss Kendrix and Naylor Fitzhugh, the NAMD claims a national member and local chapters in Atlanta, Chicago, Cleveland, Kansas City, Los Angeles, New York, Philadelphia and Washington.


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 14th Edition Now Available!
New 2007 Buying Power report shows spending up in major categories

The 2007 edition of "The Buying Power of Black America" has just been released by Target Market News. The one-of-a-kind report is the most quoted source of information on how African-American consumers spend their $744 billion in income.

According to the newest edition of “The Buying Power of Black America,” there is growth in a number of major product categories despite that slowdown in overall consumer purchases. Get the details by ordering your copy now.

Click here to order The Buying Power of Black
America report


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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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