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Nike Marketing Wet Its Yoga Panty. $230B Gone. Namaste!→
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Why does advertising win quarters while innovation wins decades?
Advertising buys attention today, while innovation builds value rivals cannot copy tomorrow. I lived both sides. I founded and sold 5 martech companies, 3 to Sir Martin Sorrell's WPP, while ad-dependent brands faded. My rule is sharp. Spend on advertising to amplify something real. Spend it to hide a stale product, and you buy a faster route to irrelevance.
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