Companies spend heavily on marketing & advertisements.
The Renault ad starting Ranbir Kapoor has a catchy tune... Re re raftaar...
While the song is good, will that alone sell Renault KWID cars?
Hardly any one seems to be raising red flag on the amount of money spent on marketing products.
I was disappointed to see, Shahrukh Khan selling us bigbasket.com and Prabhas standing next to new Mahindra SUV.
Money spent by real estate firms with all the glossy brochures, weekend mela's and lobbying to cut interest rates seems really obscene. This, when the shares prices are at multi year lows & firms are defaulting on loans.
Banks, if truly interested to get their (rather our,.. Depositors) money back, can simply ask realty firms to pay the ad money against loan payments.
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