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Report shows online
shopping by minorities up sharply in five years
(March 7,
2008) Online shopping by African-Americans, Asians, Hispanics and other
minorities has increased dramatically during the past five years,
according to a new report from The Media Audit.
"The 88 markets surveyed for this report have an aggregate adult
population of approximately 145 million and 58 million of those adults are
members of a minority," says Bob Jordan, president of International
Demographics, Inc. "As a result of their numbers, their increasing
tendency to shop online is very significant to most marketers," adds
Jordan. International Demographics, Inc. is a 37- year-old market research
firm which produces The Media Audit.
Among African-Americans, 40.6 percent now shop online, compared to 27.1
percent five years ago. More than 20 percent now make five or more
purchases in a year and 10.9 percent make more than twelve purchases. The
total adult African-American population in the 88 markets surveyed is
approximately 17.6 million.
Seventy percent of Asians now shop online, compared to 55.8 percent five
years ago. More than 46 percent make five or more purchases in a year and
24.9 percent make 12 or more purchases. The total adult Asian population
in the 88 markets surveyed is approximately 8.8 million.
According to the report, 41.8 percent of Hispanics now shop online,
compared to 27.7 percent five years ago. In addition, 23.5 percent of
Hispanics make five or more purchases in a year and 12.3 percent make 12
or more purchases. The total adult Hispanic population in the 88 markets
surveyed is approximately 23.3 million.
All other minorities in the survey are grouped and total approximately 8.5
million. Slightly more than 52 percent shop online, 33.9 percent make five
or more purchases in a year and 19.5 percent make 12 or more purchases.
Among all adults surveyed, 55.8 percent now shop online, compared to 44.1
percent in 2002. In addition, 35.7 percent made five or more purchases and
19.8 percent made 12 or more purchases. The Media Audit, a syndicated
media ratings service currently covering more than 80 metropolitan
markets, provides qualitative data for media websites as well as for
traditional media.
Traditional media – print, broadcast and outdoor – have used The Media
Audit data in sales, marketing and management for more than 37 years. In
1998, the survey started providing data on local media websites. The
surveys now contain more than 400 fields of qualitative information in
addition to quantitative measurements of local web audiences.
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.
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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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