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HomeMy WebLinkAboutM-85-0355M On 1 � �Ln �Q BLACK ENTERPRISE MAGAZINE PRESENTATION TO THE MIAMI CITY COMMISSION MARCH 28, 1985 ,os- D'd �L �r"3Sd �,r-3ss BLACK ENTERPRISE tMAZINE WHY IS IT A VITAL MARKETING VEHICLE? BLACK ENTERPRISE is the most effective medium for reaching.Black business. tsore Black C.E.O.'s read BLACK ENTERPRISE than any other• business oriented publication. In fact, the BLACK ENTERPRISE audience is the 20% of the Black population who generate approximately 50% of the total incase earned by Blacks in America. BLACK ENTERPRISE focuses on the socio-econamic needs of this unique and influential sector. f 4 ��I+'aya`y.,��1 EXECUIWES - PROFESSIONAL/MANAGERIAL. 57% ct CA Gtt EDUCATORS 16% B.E. READERS OTHER 27% E 11 Deriographic Profile of BLACK ENTERPPSSE Readers Compared with Total U.S. Black Adults Characteristics Age 18 - 34 Years 18 - 49 Years Total College Educated Occupation Professional Executive/Managers/ Administrators Total Prof./Exec./Man./Adm..,, Clerical/Sales/Technical Craftsmn/Foremen Other Employed Household Incarn $50,000 or more $40,000 - $49,999 $35,000 - $39,999 $30,000 - $34,999 $25,000 - $2.9,999 $20,000 - $24,999 Total Total U.S. Black Enterprise Adults Adults $ Index $ Index 48.4 100 53.2 130 68.2 100 80.9 119 22.8 100 39.9 175 5.2 100 10.0 192 3.7 100 5.3 143 8.7 100 15.3 172 10.8 100 15.6 144 10.8 100 7.0 65 32.1 100 26.0 81 4.2 100 11.2 267 5.6 100 5.3 195 5.1 100 4.0 178 6.7 100 10.6 158 8.8 100 12.3 140 10.4 100 10.6 102 16,748 21,951 Source: Mediamark Research Inc., Spring 1984. Prepared by: BLACK ENTERPRISE Research. RESEARCH A recent BLACK ENTERPRISE research study indicated great potential for business products and services. Results fran specific questions follow. X Go CA CA CA CA 0 U 11 TITLE OF RESPONDENT 0 901 N I S1.4% OWNER 22.0% )THER COMPANY OFFICER Z6.6% F] j 40 COMPANY GROSS SALES $1 — 5.0 $5 — 10.0 TJU — i.-j -;, I --1 If- .-. ti I LL I CIN 1-11 LL I CIN 14 1 LL I ON MILLION MILLICIN PLI-I'L-1 0 c HOW OLD TS coMPANY rl c YEARS 10- 14 YEARS, The BLACK FNTERpRISE June 184 issue reported that there were a total of: 47 Black omed banks. 36 Savings & Loan Associations 38 Black insurance r.cmpanips Total Assets $3.5 billion 34 Black Auto Dealers with renrenues of .$548.375 (Millions) an m U1 U1 I I W W CA CA • CA I -r 0 Other BLACK ENTERPRISE readers that could have computer purchase influence: ° Black Mayors in U.S. Cities 255 ° Elected Officials 5,606 ° Congressional Delegates 21 Cn on v- T E, a BUKK ENTERPRISE MAGAZINE DUPLICATION Precent of Black Vnterpri se RcNiders Magazine Who Do Not Read Business Week 89.3 Forbes 94.9 Fortune 92.5 Inc. 95.2 Money 88.1 Smithsonian 95.3 Source: Mediamark Research, Inc., Spring 1984 t . , PC II ' 9 � si i k �* r' i i L,r INTEREST IN ® Considerable Interest ADVERTISING m Some Interest ® Not Much Interest Mean Score: 62 45 44 44 43 40 60 % 50% 40% — 30% — — 20 % — — 10% — 111 BLACK Go ENTERPRISE CA � ' Source: MRI 1984 CA CA tG� t 4 SMITHSONIAN BUSINESS FORBES WEEK MONEY TIME 11 PUBLICATION RATING Mean 67 Score: 70 40% _- 30% 20% ' 10% 00 Lq Cn 1 W Ln BLACK ENTERPRISE Source: MRI 1484 M One OF My Favorite Very Good ® Good 64 63 62 56 NEWSWEEK BUSINESS FORTUNE WEEK MONEY INC. d i 50% 40 % 30% 20% 10% INTEREST IN ADVERTISING Mean Score: 62 ® Considerable Interest Some Interest Not Much Interest 39 38 36 36 35 BLACK FORTUNE NEWSWEEK SCIENTIFIC U.S. NEWS & INC. ENTERPRISE AMERICAN WORLD REPORT Source: MRI 1984 11 PUBLICATION RATING Mean Score: 70 40 °/a — 30% — 20% — 10% — BLACK ENTERPRISE Source: MR11984 75 One Of My Favorite [3 Very Good • 0 Good 73 71 70 68 SMITHSONIAN SCIENTIFIC AMERICAN TIME FORBES U.S. NEWS S WORLD REPORT I] EGG MARKETING RESEARCH INC. EARL G. GRAVES EARL G. GRAVES PUBLISHING CO. INC. LIMITED EGG DALLAS BROADCASTING INC. MARKETING INC. 1 1985 EDITORIAL SCHEDULE ISSUE EDITORIAL FORMAT JANUARY "ANNUAL ECONOMIC OUTLOOK/ BUSINESS PRODUCTS FEBRUARY "BUSINESS & CAREER OPPORTUNITIES" HIGH TECH SECTION MONTHLY MARCH "FAMILIES AND FINANCIAL MANAGEMENT" APRIL "PROFILES IN POWER" BLACKS IN POWERFUL POSITIONS MAY "CARIBBEAN ISSUE" JUNE "TOP 100 BLACK BUSINESSES" JULY "BLACKS IN SPORTS MANAGEMENT" AUGUST "FIFTEENTH ANNIVERSARY ISSUE" SEPTEMBER "EDUCATION" OCTOBER "MONEY MANAGEMENT" NOVEMBER "AUTOMOTIVE PREVIEW" DECEMBER "OFFICE EQUIPMENT"