Posts Tagged ‘Corporate Engagement’

Inreach — Community Marketing Breaks Down the Complex Diversity within the LGBT Market

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One of this great conference's organizers, Community Marketing Inc. (CMI), followed Barrios this morning. Known for their Gay and Lesbian Indices, leading materials that provide essential information about the LGBT community. In addition to typical stats on our community's buying power, loyalty and the like, they provided qualitative results from their focus groups. 

They opened up the session talking about Inreach — the need to market and look inside at your company or target market before marketing outwardly. With that, the went through 30 minutes of important statistical and qualitative affirmation of what we've been seeing in the LGBT market. The information from their study of 50,000 self-identifying LGBT individuals is overwhelming and I can't wait to get home and download the full presentation. In the meantime, below are the highlights from this morning's discussion:

Basic Stats

  • The largest portion of their respondents (41.1%) live in urban areas, giving marketers easier access through media and local events to reach our community
  • LGBT and loyalty is common knowledge among marketers. The most recent study found that 51 percent are loyal to brands that are committed and engaged with them, as well as willing to try new brands (the concept of early adoption)
  • Almost all – 95 percent – favor cause marketing
  • The LGBT community is well-educated – nearly 70 percent have a bachelors degree or higher – and were largely unaffected by the recession, with 82 percent employed.

LGBT in Business

Our community works hard — to serve employers and additionally in the movement for equality. This year, CMI's study found out that nearly half (45%) of survey respondents were owners or officers of their companies. With that purchasing power, 60 percent of these individuals noted they were influenced to purchase from other LBGT businesses or those that support their community. We focus so much on the Out Front Blog on business-to-consumer communications, but these stats show the importance of remembering to market to other businesses your company's commitment to LGBT equality.

Focus Group Highlights

If I say "LGBT communications" do you think of shirtless, muscled guy with immense sex appeal? If you do, you're not alone. But these images, though fading thankfully out of all LGBT ads, only touch one letter of LGBT (and actually only one segment of the G, to be honest). CMI's biggest point they drove home over and over is — LGBT is diversity. We represent a complete slice of the world's diversity in age, gender, ethnicity and culture. There's many opportunities (and some challenges) when targeting us with communications.  Below are some notes from their discussions with the under represented "letters" and segments:

  • Lesbians are largely tired and even angry of being left out of "gay" advertising that's largely male-dominated. Marketers must remember to market them as women first. Imagery is crucial, too. Check out a future post on new terms to learn the evils of "hetero-cropping" and its use in advertising to lesbian.
  • Gay parents are growing in recognition, given recent legislation. In Chicago, we've seen a gay couple on the cover of Chicago Parent and the famous Food Network Hearty Boys reached out to former governor Mark Huckabee and his abrasive comments about gay adoption with an invitation to experience their family dinners. Of the survey respondents, 5 percent were gay percent and 20 percent were lesbian parents. Market these individuals through direct media such as Gay Parent and Proud Parenting.
  • The under 30 focus groups really resonated with me. We're ethnically diverse, as opposed to our largely out white predecessors. LGBT millennials differ by location, are less influenced by LGBT media and look for integration of LGBT content. We don't need a separate gay advertising, show or channel — we want to see ourselves in everyday media and marketing. And we want to see all the colorful faces of our community, too.
  • Out Front's Erin Grohs recently talked about the plight of LGBT individuals older than 55. CMI covered this demographic as well. They're turned off by ads that focus on youth and sexuality, but rather prefer accurate images of older LGBT couples and individuals. They also prefer gay-exclusive locations and channels — a stark difference from the following generation.

CMI didn't stop there and also covered other slices of our community including ethnic, personal identities (circuit, bears, etc.), professional organizations, bisexual, transgender. 

For communicators, this information echoes more general trends we're seeing — mass advertisements and communications won't achieve the same results if you directly speak to the age, ethnicity, and interests of your target consumer.

True Financial Reform

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There is a lot of talk about Wall Street reform this week. The financial sector has always been just outside of my comfort zone—I know enough to be able to follow industry news, but I wouldn’t call myself a dangerous expert in it (my savings account reflects this as well).

The financial reform news I have been following this week comes from London and Hong Kong. According to the Financial Times, Galileo Capital Management has launched “LGBT Capital,” a corporate advisory and investment management company focused on the LGBT consumer market. The firm will initially provide two primary services: corporate advisory and business development consultation to companies that serve the LGBT sector and a fund investing in companies providing services to the LGBT sector.

The design of the business is rooted in proprietary research and conversations within the LGBT community. According to a survey commissioned by LGBT Capital, 30 percent of LGBT sector businesses felt they needed to adopt a degree of secrecy when setting up and seeking funding. Additionally, while a majority of these businesses have expansion goals outside of their current geographic location, 80 percent lacked specialist advice on how best to secure funding.

Who will benefit from this new service? According to the story, the company will be looking for good quality businesses that give investors – gay or straight – access to a market segment whose already substantial potential is set to be boosted by expanding gay liberation in both the developed and developing markets. And, what’s really great about LGBT Capital’s business model is that the company has committed to donating 10 percent of profits back into the LGBT community.

In today’s economy, we know that many small businesses are struggling. However, data keeps showing us that the LGBT community represents an affluent, untapped market. LGBT Capital clearly recognizes the value proposition of not only working in the LGBT community, but working with the community by funding big thinkers and innovators and helping LGBT business-owners realize their full funding potential. And the company is not just capitalizing on our community—they are giving back as well. Talk about a smart “return on investment.”

What do you think about LGBT Capital’s business proposition? “Innovative” or “It’s About Time”?

Self promotion moment… Remember when I blogged that I would be presenting at the New York Gay and Lesbian Marketing Conference? It’s tomorrow—and we’ll be blogging live, providing the latest trends, case studies and best practices on marketing to the LGBT community. Mr. Blaise will be providing real-time coverage, so check back throughout the day for news. Perhaps you’ll even get a picture of me looking like a pundit on cable news. That alone is worth bookmarking.

Have a great Thursday.

GLAAD for the Glee-ful Single Drag Racers

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Happy Monday! Or, I can't believe it's Monday! Spent the weekend on domestic chores as the BF is trapped in Germany due to the volcano. I swear it feels like a really cheesy Lifetime movie– he's trapped over there, and I am left having to mow the lawn. And my swearing while mowing was very similar to a volcanic eruption. Come home soon.

Speaking of things important to me– Glee has its Madonna-centric episode this week, and I could not be more excited! Even Madonna loves the show (about Madonna!). Those kids on Glee must be the hardest working cast in show business, and the accolades keep on coming in. On Saturday night, the show picked up the "Outstanding Comedy Series" award from GLAAD as part of the 21st Annual GLAAD Media Awards in Los Angeles. No surprise here– Glee is one of the most progressive shows in terms of portraying the LGBT community in a positive– and realistic– light, whether that means showing how Kurt deals with being openly gay in high school, or how Rachel is raised by her two dads. Any show-choir themed show has an inherent LGBT story to tell, and I am proud of creator Ryan Murphy, and for GLAAD, for recognizing the invaluable opportunity Tuesday nights at 9PM can provide.

Glee wasn't the only entertainment program recognized on Saturday night. The film A Single Man picked up an award for "Outstanding Film," and RuPaul's Drag Race scored for "Outstanding Reality Program." Both Drew Barrymore and Wanda Sykes also picked up awards for their commitment to our community, and Telemundo walked away with recognition for Spanish-language journalism segment.

GLAAD has really turned these awards into a forum for discussing how important it is for the media and entertainment worlds to accurately portray, and include, the LGBT community in programming and news coverage. While these awards have the glitz and glamour of Hollywood red carpet events, there is an important educational overlay into using media coverage…of media coverage.. to spread GLAAD's mission of promoting and ensuring fair, accurate and inclusive representation of people and events in the media as a means of eliminating homophobia and discrimination based on gender identity and sexual orientation. Thank you GLAAD!

P.S. Super-excited that the mega-LGBT musical, La Cage Aux Follies opened to rave reviews last night on Broadway. This means that we have yet another forum to talk about the importance of owning and respecting the LGBT identity. As the song from the musical goes, "I am what I am, and what I am needs no excuses." Checking out the show in May– so I will let you know how it is!

Have a great week.

(Photo courtesy of 2010 Chris Weeks/WireImage)  

 

Powerful People

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As we end yet another week, some powerful people are being recognized for their contributions to the LGBT community and their prominence in the national spotlight. And no, I'm not talking about the return of Glee or the series finale of Ugly Betty, though both merit my praise for raising awareness of our community while being consistently entertaining.

Let's start with Out's "4th Annual Power 50." This list recognizes America's most influential gay men and women. After I didn't find my name on the list (must have been #51), I spent some time reviewing those individuals who earned the spotlight. Among my favorites (with their corresponding Out descriptions):

  • #50: Urvashi Vaid: "In her 25 years as an LGBT rights activist, attorney, and author, Vaid has lead the NGLTF and held positions at the ACLU and the Ford Foundation. Currently the executive director of the Arcus Foundation, a key grant-maker supporting gay rights charities, she was honored in 2009 by the Equality Foundation as an LGBT Icon."
  • #30: Dustin Lance Black (friend of Bryan's): "The Oscar-winning Milk screenwriter came off the award hot last year, finishing his directorial debut, What’s Wrong with Virginia?, which stars Ed Harris and Jennifer Connelly, narrating a documentary about Mormon influence on Prop. 8’s defeat, and writing a screenplay for a biopic of J. Edgar Hoover, which has attracted Ron Howard’s production team, the directorial interest of Clint Eastwood, and, in turn, super-early Oscar buzz."
  • #28: Dan Choi: "With his stirring speech at the National Equality March on Washington in October, discharged Lt. Dan Choi became the face and voice of the rally and underscored the personal aspect of our political fight for gay marriage equality and the repeal of DADT. He clashed with the HRC among other gay groups when he was arrested for chaining himself to the White House gates in March, Choi continues to be the U.S.’s most outspoken serviceman."
  • #24: Anthony Romero: "Under Romero’s fearless leadership, the membership of the ACLU has doubled since he started to serve as executive director in 2001, and the organization has taken to task everyone from the state of California for its ban on gay marriage to President Obama, whose administration the group is urging not to back down from prosecuting the 9/11 terrorist subjects in civilian court."
  • #12: Rich Ross: "Disney reaffirmed its status as an outpost of progressiveness in the movie industry last October by making Rich Ross the first openly gay studio chief in history. Having steered the careers of both Miley Cyrus and the Jonas Brothers as president of Disney Channels Worldwide, Ross has wasted little time in bringing in fresh blood and cutting the number of movies on the slate (C’est la vie, Wild Hogs 2). With Steve Jobs as the studio’s biggest individual investor, expect to see a radical new approach to distribution with Apple’s new iPad."
  • #8: Joe Solmonese: "This year the Human Rights Campaign celebrates its 30th anniversary. As president since 2005, Solmonese oversees the largest LGBT group in the country, numbering more than 750,000 members. Despite criticism because the president does not support gay marriage per se, the HRC hosted Obama at its 2009 annual dinner, which preceded the National Equality March in Washington in October. The event garnered much-needed coverage in mainstream media and momentum and counted Lady Gaga among its guests."

Each one of the 50 individuals recognized give us the opportunity to do what we do every day– to openly advocate for and market to the LGBT community. By using their prominence for the good of the cause, they open doors for us to follow. Their "mainstream" status takes us one step closer to acknowledgement and inclusivity. Who were your favorites on the list?

The other news about a powerful person in our community came last night. In a memo to the U.S. Department of Health and Human Services, President Obama ordered most hospitals in the country to grant the same visitation rights to gay and lesbian partners that they do to married heterosexual couples. This means that any hospital receiving Medicare and Medicaid money honor all patients' advance directives, including those designating who gets family visitation privileges.

Thank you, Mr. President. I can't imagine what our community has gone through specifically related to this issue– being turned away from visiting the ones we love most in a final hour of need. To know that soon we may have the right to be at the bedside to say goodbye to someone who was our most important hello is a huge step in giving us the rights we deserve.

 

Out Front…On the Road

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Happy Friday everyone!

Sometimes we get the opportunity to take our little blog show out on the road. This weekend marks the start of an April blitz to talk about how to connect with the LGBT consumer. Here's a sampling of the great opportunities we have in store for Out Front:

  • Saturday, April 10: I'll be appearing (sounds like I am a stand-up comic) at Equality Ohio's C.A.U.S.E. Conference 2010, which is described as a summit for LGBT and allied leaders in the college community working for lesbian, gay, bisexual, and transgender equality. I'm excited to interact with LGBT leaders from the youth community to talk about how to ensure that the LGBT voice is heard, and more important, recognized as a critical element of our broader Ohio community. And even more fun? It's at the University of Cincinnati..it's like returning to college, except I didn't go to this college! But, Cincy is known for its awesome chili, and know it can be known for its awesome LGBT activism. Even more, more fun? It's a four-hour drive this afternoon, which means that I can perfect my version of "Don't Rain on My Parade," a-la the "Glee" soundtrack, for those fellow drivers on 71-South.
  • Friday, April 30:   Super-excited to be invited to be on a PR/marketing panel at Community Marketing Inc.'s "Gay and Lesbian Marketing Conference" in New York. I'll be talking about our work bringing the Gay Games to Cleveland, but I also am jazzed to hear from my other panel members about their case studies in LGBT marketing. It's a day-long conference, with some awesome speakers. There is still time to register– so if you are in New York, please stop by!

Apparently, April showers bring LGBT marketing flowers. It's awesome that groups like Equality Ohio and CMI host these events for professionals to learn about best practices in LGBT marketing. I love the opportunity to network and learn from others, and I hope more companies recognize these valuable opportunities to gain insight from those in the LGBT-trenches.

Hope everyone has a good weekend. And, I apologize in advance if you hear me singing/screaming as I am driving to Cincy. It's hard to be the ingenue…