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?
In: Other
“New” customers enter the market place all the time.
Poor people produce wealthy next generation
Youth become adults
The power of your competitors advertising will suck business away too
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