3/10/2008

The Center for Media Research reports on a study sizing up the black women's market. The report was prepared by Miriam Muley, CEO of The 85% Niche, who points out that women make 85 percent of American's purchasing decisions.

According to Muley, the black women's market is one of the fastest-growing and most influential segments in business today. Their buying power is expected to grow to $600 billion in 2008.

As of 2004, there were more than 500,000 black-women-owned businesses in the United States, with revenue of more than $21 billion. Muley concludes that "corporations will be increasingly more dependent upon diverse women of color to achieve company sales targets."

Click here to read the complete paper.




Newsletter
Sign up for our bi-monthly newsletters:
Starting a Business
Sales and Marketing
Growing a Business
Tech/e-Business
Franchise News
Book Sampler

Enter E-Mail
Check out these special offers from our sponsors.
Subscribe Today! Topshelf Reading Picks The Woman's Advantage HireMyMom.com