Times staff report
With $162 billion in buying power and undisputed cultural influence, black millennials are using their power to successfully raise awareness of issues facing the black community and influence decisions shaping our world. Media and brands are taking notice, creating campaigns and content that target this increasingly influential demographic with greater ad spends and more diverse programming.
Black millennials are 11.5 million strong and lead a viral vanguard that is driving African-Americans’ innovative use of mobile technology and closing the digital divide.
Nielsen highlights this group in a new report called “Young, Connected and Black: African-American Millennials Are Driving Social Change and Leading Digital Advancement.”
The sixth in Nielsen’s Diverse Intelligence Series focused on black consumers, “Young, Connected and Black” paints a picture of a black diaspora that is tech-savvy; socially and civically engaged; growing in population (46.3 million or 14% of the U.S. population) and buying power (nearly $1.2 trillion in 2015); and optimistic about the future.
“We have entered a new era whereby technology has become a great equalizer,” said Cheryl Grace (née Pearson-McNeil), Senior Vice President, U.S. Strategic Community Alliances and Consumer Engagement. “Black millennials are leading the way in their use of technology to impact change and get their voices heard.”
The 83.1 million U.S. millennials are considered a key voting bloc this November. Black millennials represent 14% of all millennials and 25 percent of the total black population. The top five markets for black millennials (by population) are New York, Atlanta, Chicago, D.C. and South Florida (Miami/Ft. Lauderdale). Weeks before the 2016 presidential race, the power of the black electorate is a particular point of interest given the records set in 2012 when, bolstered by its millennial population, African-Americans had the highest rate of voter registration and voter turnout of any demographic group in the U.S.
“African-American millennials are blazing trails to the center of the debate over matters that are paramount to their future success and safety—all as their influence over mainstream consumers grows,” said Deborah Gray-Young, Managing Partner, D. Gray-Young Inc., a multicultural marketing consulting firm and Nielsen External Advisory Council member.
The 2016 report delves into the spending and viewing habits of African Americans overall and credits a voracious appetite for television content with the dramatic increase in diverse television programming.
Between 2011 and 2015, broadcast network TV ad spend focused on black audiences (defined as ad dollars placed on programming with greater than 50% black viewers) increased by 255%. The Top 10 TV shows among black millennials 18–24 and Blacks 35+ all had predominately black casts or lead actors who are key to the storyline (e.g. “Empire,” “How to Get Away With Murder,” and “The Walking Dead”).
For more details and insights, download the 2016 report, Young, Connected and Black: African-American Millennials Are Driving Social Change and Leading Digital Advancement. Inforgraphics are available.
In 2011, Nielsen launched the Diverse Intelligence Series, a robust portfolio of comprehensive reports that focus solely on diverse consumers’ unique consumption and purchasing habits. The series has become an industry resource to help brands better understand and reach ethnic customers. To learn more about Nielsen’s Diverse Intelligence research series, visit www.nielsencommunity.com.
Leaders in Digital Advancement
A Viral Vanguard: Social media engagement
Voracious Content Consumers
Education advancements of Black Millennials
African-American incomes and spending power