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"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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Expenditure Data
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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:
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Suite 210
Chicago, IL 60604
t. 312-408-1881
f. 312-408-1867
info@targetmarketnews.com
 

 

Valencia Gayles named CEO of the True advertising agency

By Wendy Isom
BlackEnterprise.com
(December 17, 2007)--Valencia Gayles has succeeded in ad campaigns by staying true to herself and true to transcultural communities. "To some degree, we’re showing marketers that we're similar, but we’re different," says Gayles, newly named CEO of The True Agency, a creative advertising agency headquartered in Los Angeles.

Gayles, 41, will move into the top role in January 2008. "I'm most looking forward to continuing to grow the business." True Agency's list of clients includes Nissan, Infiniti, AARP, Countrywide, and Hilton Hotels.

"Valencia has a tremendous amount of experience. She's one of the most senior African American females in the industry," says Richard Wayner, True Agency co-founder. Gayles' CEO appointment "probably makes her one of two or three African American females leading a major multimillion-dollar ad agency," Wayner says. "Our vision has been from day one all about transcultures" and "going beyond previous boundaries," he says.

Gayles joined True Agency in 2002. She has served as chief operating officer and most recently held the title of president. She had a hand in several popular ad campaigns including True's "Infiniti In Black" campaign for Nissan. "In Black" featured five top black artists in the first ever prime-time commercial-free branded program on BET. The artists noted distinct characteristics of their art form that also mirrored key features of Infiniti models.

"It spoke to their beliefs and creative philosophies and tied into the cars," she says.

The campaign was also an important milestone for Nissan. "Infiniti had never spoken to African Americans directly. We started the dialogue," she says. "[The campaign] really needed to highlight that Infiniti respected us as consumers."

Successful transcultural campaigns, she says, connect with people on all levels regardless of color. "It's not just about ethnicity. It's about lifestyle and culture," Gayles says.

Still, Gayles maintains that the changing African American television marketing landscape has its challenges.

"It's getting harder and harder to keep African American marketing top of mind," she says. "In 1997, there were 20-some odd shows with African Americans in leads. Now, there are three."


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 14th Edition Now Available!
Latest 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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