Why do some famous brands still need advertisement?
I mean brands like Hermes, Chanel, Gucci or other brands that are considered “luxury”.
I see ads for them but I just dont see the point? People are obsessed with them and sees them as proof for their status and they make crazy money so why the need for ads?
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Someone asked the head of Coca Cola once. He explained that every day people are born, people grow up, people die. So every day they lose customers. They advertise to build new customers to replace them.
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