SW 140: Black Influence/ Black Money, Pt. 1

Every defeat, every heartbreak, every loss, contains its own seed, its own lesson on how to improve your performance the next time.                                                                                                                                   – Malcolm X

In today's digital age, online social networks have become the virtual water cooler, where all consumers exchange ideas, feelings, aspirations, and plans. Black people that earn more than $75,000 spend more time in social and financial realms and that alone contributes to many of the gains/gaps in this country.  Tune in today @ 6:30pm.

As of 2020:

The Black buying power is $1.57 trillion.
The Black Viewing power is $1.06 trillion.
Online shopping by black families is up 48%.
Offline shopping by black people is up by 11%.
U.S. Black population tune into radio is up 92% this week.
Black representation in TVs is up by 51%.
Smartphone ownership is up by 98%.
Advertisement spends $3.8 billion in 2019.
Streaming subscriptions increased by 70%.

The country makes so much money off black spending but we have no black ownership. Without ownership there isn't a profitable fight for the black people in this country.

Tune in for Part 2 on November 9th, 6:30pm.

We LIFE you, We LOVE you, always, 
Goddess Shel and Queen Candance  

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Shelby's World Podcast & Team
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