HOME  |   STATS  |   PUBLICATIONS  |   REGISTER  CONTACT US  SEARCH  


 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


 Register Here        
STAY IN-THE-KNOW!
Are you getting the latest industry news when it happens via e-mail
?



Click here for free delivery of the Target Market News Bulletin
You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media

 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."
______________________
Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

_____________________
Copyright
© 2005 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
 

 

New African-American auto study looks at buyers' emotions, values  

(December 20, 2005) A new study has been released that examines the emotions, values and behavior of African-Americans when they consider the purchase of an automotive vehicle. The research concludes that automakers can improve their chances of selling to black consumers by understanding their differences.

African Americans who are potential new vehicle buyers have expectations and needs that are similar to all consumers, but they clearly show a distinctive emotional profile on key aspects of the "super values" (Security, Freedom, Esteem, and Balance) that make up the experience owners have with their vehicles.

Super values define the largest clusters of values and emotions identified by Dr. Darrel Edwards, founder of Strategic Vision, from the initial 752,284 respondents who completed our worldwide survey on values, emotions and behavior.

For 14 years, Strategic Vision has been providing a syndicated Vehicle Experience Study to the automotive industry. The VES is the most comprehensive study in the industry in that it captures a data set including both the history, behavior and attribute ratings of 506 primary, secondary and tertiary attributes of the customers.

African Americans who completed Strategic Vision's questionnaire see themselves as very successful and highly motivated. They have a strong desire for personal power and ability to choose, but are careful about trusting others.  They see themselves as strong individuals, who demand being recognized as such. African American new vehicle buyers have a strong sense of self-esteem.

The following data is from Strategic Vision's 2005 full-year Vehicle Experience Study:

Ten Most Purchased Brands By African Americans
 

Nissan

12.5%

Chevrolet

11.6%

Toyota

9.5%

Ford

9.2%

Chrysler

7.7%

Honda

5.3%

Dodge

4.4%

Hyundai

3.8%

Cadillac

3.3%

GMC

3.2%

Ten Most Purchased Models By African Americans
 

Nissan Altima

12.5%

Chrysler 300

3.3%

Ford F-Series (F150)

2.5%

Toyota Corolla

2.3%

Toyota Camry

2.1%

Honda Accord Sedan

2.1%

Chevrolet Trailblazer

1.8%

Dodge Ram 1500 Pickup

1.8%

Ford Explorer

1.8%

Chevrolet Silverado 1500

1.6%

The Total Quality Index captures the more complete experience the buyer has with his or her vehicle including both rational and emotional aspects. The index calculates the owners' responses to product attributes and the emotions that the experience creates and transforms the responses to a 1000 point scale for comparisons.

Following is an array of TQI scores that ranks models among African American buyers:

2003-2005 Strongest Models Among African American New Car Buyers

 

Categories

Best in Total Quality

TQI

1. Small Car

Honda Civic

883

2. Med./Large Car

Nissan Altima

893

3. Luxury Car

Mercedes E-Class

922

4. Pickup Truck

Nissan Titan

872

5. Minivan

Dodge Caravan

868

6. Small SUV

Nissan Murano

905

7. Med./Large SUV

Nissan Armada

893

8. Luxury SUV

Cadillac SRX

920

”Your vehicle makes a statement about you,” reports Dr. Darrel Edwards, Ph.D, ABPP, Strategic Vision's CEO and Founder. “Manufacturers need to be clearly aware what they can do to engender pride in ownership while making allowance for the buyers to express their individuality. Dealers need to listen to the African American community when they report that they are strongly committed to their sense of pride and individuality."

Why are Nissan product ratings high among African American new car buyers? According to the study, Nissan did exceptionally well on aspects of product coupled with a positive dealership experience that communicated to the buyers' sense of pride and individuality - cornerstones for positive regard among the African American buyers.

For more information about the study, contact Christopher Chaney, Vice-President and Director of Special Projects, 858-576-7141 or chris.chaney@strategicvision.com .



Go to Target Market News homepage


 


 NEW!  Search the entire contents of the Target Market News Web site!

Looking for hard-to-find information on the African-American consumer market? Now you can easily search the contents of the leading source for information on African-American marketing and media. Scan our entire Web site for news, research and information using Google-powered keyword searches. Hundreds of articles, stories and report findings can be accessed for free. Click here to try it now!


_____________________________________________________________________________________


 12th Annual Edition Available 

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.

According to the newest edition of “The Buying Power of Black America” report, African-American households are tightening their belts when it comes to dining out, expanding their wardrobes, and leisure activities out of the home. At the same time, they are increasing their spending on home repairs and remodeling, audio and...
Story and statistics continued

_________________________

  SUBSCRIBE TODAY! 


The trade publication for
in-depth coverage of Black
Consumer Marketing
and Media news



 ORDER THE WORKBOOK NOW!

The sixth annual event examining the latest trends, findings and practices in marketing to African-American consumers

Presentations from:

America Online
Arbitron Inc.
Burrell
Carol H. Williams Advertising
E. Morris Communications
Ethnic Print Media Group
GlobalHue
Hunter-Miller Group
Images USA
Nia Online
NSights Worldwide LLC
On Wheels Inc.
R.J. Dale Advertising & P.R.
Target Market News
U.S. Census Bureau

...and more!