Search This Blog

Showing posts with label gay ability to affect business. Show all posts
Showing posts with label gay ability to affect business. Show all posts

Wednesday, April 24, 2024

NubianNewYorkers - The Enormous Buying Power of Gays

 


The buying power of LGBTQ+ adults is $1.4 trillion in the U.S. and $3.9 trillion globally (The Pride Co-op Q+ Report 2022 / LGBT Capital 2020)



85% of LBGTQ+ people report that they have used a video streaming service in the last 30 days, compared with 74% for the general population (Nielsen 2021)



42% of LGBTQ+ have a household income of over 75k (Nielsen 2021)



More than 40% of LGBTQ+ streamers spend 3 or more hours per day on social media and are 44% more likely to have spent 5+ hours a day on social media. (Nielsen 2021)



67% of LGBTQ+ couples chose mostly LGBTQ-friendly vendors and some LGBTQ-identified vendors. (Gay wedding institute in partnership with Community Marketing Insights 2018)



Get Stuff
Join Our Group
Get Updates