Mostly not, unless your target demographic is guilty white liberals. If it's something only black people use/need then sure, otherwise it's always seemed like a no brainer to me.
Some of you are not serious and have a very limited view of what business means...
I've also lived in Houston in the past, and visit often to see friends and family, and your analysis is only correct if you are a micro business or if you use small samples as examples. Outside of that, it doesn't work. I know multiple upper-middle and upper-class black Houstonians. The truth is, the biggest black-owned companies in Houston, ranging from Oil, Manufacturing, and Tech to Real Estate, are not advertised as black-owned. You can find footnotes about it, but not the core image. They actually donate a lot to black causes, but their corporate image is not centered around that.
Research on black-owned companies such as Camac Group, Con-Real, Erin Energy Corp, etc...Companies that make billions and employ millions, not a singular restaurant, bar, nightclub, or nail shop. Of course, a singular restaurant can do that. A single restaurant will have some of the most basic marketing and supply chains, and a small number of employees. How many contracts and partners do you need to successfully operate 1 restaurant? How many investors? Again, of course, it is easier to do that when it comes to a restaurant.
Now, where is this at a macro level? Where is the black area in Houston that looks luxurious like the entire River Oaks shopping district and is full of businesses with paintings like this that you posted? Which large black-owned manufacturing or oil company in Houston has the same images that you posted?
it can be a boost, but it can't be your whole marketing strategy
I'm assuming this thread is about customer facting businesses that deal directly with the average everyday consumer. Not industrial infrastructure companies, seeing as the op mentioned "cacs, mexicans and Asians" using them not "partners, contractors, sub-contractors, developers, investors, stakeholders etc". Obviously those kinds of companies operate at a completely different layer of economics. Marketing as black owned, atleast in a city like houston, absolutely can and does help in any businesse in the consumer facing industry. It damn sure doesn't harm a business.
And even then I can still push back on your point as well- HJ Russell and Company in ATL is the largest black owned construction company in the nation. And they ain't shy at AT ALL about being black owned.
Lil more than a footnote there.
And fashytsho ain't tryna hide it out of fear of scaring away investors, partnerships, contracts etc So, I don't know where this idea that black owned businesses should be coy about the fact they are black owned to be successful is coming from.
And BTW TBK ain't a billion dollar company, but it certainly ain't chump change by any means. It's comfortably a multi million dollar generating business. $14 mill to be exact.
And as to the bolded. Uhh you don't think that has anything to do with the level of collective income of black folk in Houston vs non black folk especially at the highest levels and prevailing socio economic conditions in black neighborhoods.
To you it all has to come down to the fact that black businesses ain't hiding their blackness enough. If black businesses in third ward just hid they fact they were black owned better, it would look like River Oaks according to you?
What I can show you is a decent thriving Chinatown and Little Saigon business district along bellaire where ethnicty of the business owners concentrated in that area is the MAIN selling point, cuz that's how they've intentionally branded themselves as a collective. The ethnic culture of those institutions there have a perceived value by the market not just by the asian community but even NON asians who want to experience authentic asian culture in some way.
Talk about ppl having a limited view of business but don't understand how cultural soft power influences marketing, breh.
Yeah, because these are the businesses that generate more revenues, employ more people and help any community create a stable middle class. You cannot build a community with only customer-facing businesses. Because the people that are going to spend their money at your customer-facing businesses need to make money from somewhere.
If your goal is to make real money and expand, then it damns sure limits your business.
HJ Russell and Company is not the same as the restaurant that you posted. HJ Russell rose to prominence due to its high-quality work, not because it advertised itself as black-owned. People work with them because of their quality. How being black-owned boosted them? It actually made it harder for them. Now, what you can say is that the owner never hid that he was black and that the company was black-owned. But tell, how did it help him?
Of course, that's what I think and it is my main point. Large black-owned businesses cannot be super, ultra, mega, or hyper-pro-black because their revenues are not entirely dependent on black people. In most cases, their revenues come mostly from non-black people. Do you know any major black business in the US that generates billions and survives only on money coming from other black people? You just mentioned HJ Russell and Company, who do you think are the bulk of their suppliers and contractors? Other black people?
It is not about hiding, it is simply the fact that the US is a majority-white country, where whites for historical reasons and wickedness have the biggest access to capital. So, naturally, most businesses will cater to the majority. A black business that wants to make money, follows the same rule.
So, let's say that a black developer wants to make a place like the River Oaks District, with multinational brands on every corner, from luxurious condos to hotels, supermarkets, shops, clinics, etc. Who is going to be their main audience?
These are poor examples. Chinatowns were just ghettoes until the rise of China. They are not huge sources of revenue, and Chinese investors constantly pour money there to save face. They are basically tourist destinations now, with a few restaurants and bars. The idea that Chinatowns are breeding millionaires or even upper-class and middle-class Chinese immigrants is nonsense. Chinatowns are simply overrated due to the model minority nonsense. Little Saigon is even worst.
And let's not forget that Chinatowns are usually plagued by triads who kill, sell drugs, and smuggle people left and right.
Chinatown in Bellaire, with a population of 70,000 people, has a median household income of 35,771$. How is this thriving? You are actually proving my point, on how they limited themselves economically. If the goal is cultural preservation, then yeah, that's a good idea. But if the goal is to make money, expand and employ millions of your own, then that's not a good idea.
I could even argue that Richmond Avenue, only from Chimney Rock to Gessner, probably has black businesses with higher revenues than the Chinese businesses located in Chinatown in Bellaire.
Heck, I even think that black businesses located from Scott Street to Old Spanish Trail generate more revenue than Chinese businesses located in Chinatown in Bellaire. Because at Old Spanish Trail area, people look for a range of black businesses, from car washes, barbershops, karaoke bars, restaurants, and nightclubs to auto mechanic shops. On the other hand, people go to Chinatown for what? Food and laundry?
Chinatown, TX Household Income, Population & Demographics | Point2
www.point2homes.com
Yeah right...The world is now using Chinese brands after years of clowning them for low quality and imitation, due to cultural soft power. 10-15 years ago you would be clowned for using a Chinese phone, tv, or car, today it is being completely normalized...And it is because of cultural soft power lol
Breh, open your mind and see the real world.