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
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.
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.
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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A TARGET MARKET NEWS
PUBLICATION
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