Companies have always done brand advertising - Marlboro cigarettes didn't truly care about independence, ruggedness or cowboys - they just wanted to be associated with those themes to sell more product - hence the "Marlboro Man". Clint Eastwood, on the other had, seems to personally buy into that image in earnest - so Clint Eastwood doesn't "virtue-signal" about ruggedness and the old west and anyone who accuses[1] him of that is doing so in bad faith.
The culture warriors pretend companies pandering is new, and they term the branding/pandering they don't like "virtue-signalling"
1. He has some pretty strong opinions on who ought to be in westerns that I believe are misguided. My disagreeing wirh him doesn't mean he is insincere/virtue-signaling to the Country-music-listening demographic.