Ethnic Pitches from Marketers to Target Favorite Media Platform
Earlier this year, The Nielsen Company released data showing that the average consumer spends over 5 hours a day in front of the TV screen. New information from Nielsen underscores significant differences between ethnic groups and their use of screens ranging from TVs to computers. Marketers should pay attention to these differences and place their ad campaigns with the media formats most likely to appeal to specific ethnic groups.
Insurers to Promote Personalized Service to Younger Consumers
Many young adults have a limited understanding of how to manage finances as they transition into independent living settings and the task of buying insurance falls into this category. While younger consumers acknowledge the importance of property, auto and liability coverage, they are looking for more information, often online. This trend provides a new opportunity for agent networks.
Sporting Goods Manufacturers to Boost Ad Budgets
Sporting goods manufacturers emerged from the recession with solid increases, especially in the exercise equipment and licensed merchandise categories which both experienced growth rates of over 5% last year. These vendors see a positive outlook for 2011. As a result, they plan to increase capacity by building factories and hiring U.S. workers. In addition, they plan to restore some of the marketing budgets which were cut in the past 2 years.





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