The Voice of Online Marketing | MEDIA KIT | NEWS TIPS
The latest practical news and developments at the intersection of search, email,
social media, mobile marketing, web analytics, online advertising, ecommerce and more.
Marketing News on Twitter Interactive marketing RSS newsfeed
Advertisement
Advertisement
MARKETING JOBS

Gays and Lesbians Form Lucrative Demographic

prime access.jpg

The annual market value of gay purchasing power in America is an estimated $610 billion, according to advertising agency Prime Access, ABC News writes (via MediaBuyerPlanner). And it grew more than 28 percent last year, as advertisers realized it's a lucrative market they can't afford to ignore. But some companies have found themselves smack in the middle of a political debate about gay rights.

Ford, for example, has recently had the American Family Association threatening to boycott the company based on the automotive company's advertisements in certain gay publications.

But corporations have to "play to the largest audience," said Howard Buford, chief executive of Prime Access. He said that while there is always a significant layer of politics, "from a corporate point of view, there is a very clear business case to be made."

Search

Related Topics

Advertisement

Subscribe to MarketingVOX|News

Latest interactive marketing news Latest media planning news & facts Latest marketing data & research