> Through my most recent ~3-4 contracts I've come to confidently realize something I'd always suspected: companies that are in a market where advertising and marketing are just expected when comparing what competitors do is the majority of reason why so many dollars are budgeted in that direction. I don't complain to anybody who has a say in my workload or paycheck, of course, but I often find myself conversing with peers about how ridiculous it all seems and feels. That conversation rarely changes, either.

Well, if marketing in a given field is genuinely a waste of money then eventually a competitor should be able to enter the field and beat the incumbents by spending less on marketing. There are some fields where the cheap generics win out, but there are others where they don't.