How it started…
In 2015, The Nielsen Company released “The State of the African American Consumer”, a groundbreaking report projecting African Americans buying power at 1.1 Trillion dollars annually. If the African Americans’ purchasing power equated to a country’s GDP, we would be the 16th largest country in the world! Black consumers have more economic power than we realize. It is important to note that the 1.1 Trillion figure may not necessarily be liquid cash as there may be credit cards and loans to make certain purchases. Spending power increases and/or decreases with one’s income. As a collective, there is enormous potential for black consumers to leverage economic power by way of supporting black owned businesses to foster community economic development.
Access to Membership
around the world
Conditions of BlackOBP Membership Application and Renewal:
Every member who applies or renews their membership agree to complying with the Policies and Procedures, Bylaws and Code of Conduct of The BlackOBP. Current BlackOBP members must complete the online renewal form acknowledging review of the organization’s Policies and Procedures, Bylaws and Code of Conduct.