With $89.7 mln in spending, Procter & Gamble is the largest advertiser targeting African American consumers, according to Nielsen Company. McDonald’s is second with $37.7 mln, followed by Johnson and Johnson with $36.1 million in total spending for the 12 months October 2006 through September 2007. Collectively, top 25 advertisers spent a total of $681.0 mln. 5 auto makers are in the top 25 advertisers across all African American media: General Motors ($35.8 mln), Chrysler ($28.2 mln), Ford ($25.9 mln), Nissan ($22.1 mln) and Toyota ($21.7 mln). Spending for the top 15 product categories across all media reached over $806 mln. Automotive category has the most spending at $187.4 mln, more than double the dollar amount of the number two product category, Quick Service Restaurants at $79.1 mln. Motion Pictures is the third highest ad spending product category at $75.4 mln.
Advertisers | Budget, Oct 2006 – Sep 2007 |
PROCTER & GAMBLE CO | 89.7 |
MCDONALD’S CORP | 37.7 |
JOHNSON & JOHNSON | 36.1 |
GENERAL MOTORS CORP | 35.8 |
NATL AMUSEMENTS INC | 30.6 |
CHRYSLER (CERBERUS) | 28.2 |
VERIZON COMMUNICATIONS INC | 26.8 |
US GOVERNMENT | 26.1 |
TIME WARNER INC | 26.0 |
FORD MOTOR CO | 25.9 |
LOREAL SA | 25.0 |
KRAFT FOODS INC | 24.5 |
WALT DISNEY CO | 24.0 |
GENERAL ELECTRIC CO | 23.2 |
AT&T INC | 22.9 |
WAL-MART STORES INC | 22.6 |
NISSAN MOTOR CO LTD | 22.1 |
TOYOTA MOTOR CORP | 21.7 |
UNILEVER | 21.6 |
PEPSICO INC | 20.9 |
SONY CORP | 19.2 |
NEWS CORP | 18.9 |
SPRINT NEXTEL CORP | 17.9 |
ALLSTATE CORP | 17.3 |
BERKSHIRE HATHAWAY INC | 16.2 |