Sorta. The real money is from competitors. How much would Microsoft spend to convince someone interested in a ps5 to to spend $500 on an xbox instead? Sony wouldn’t spend as much as Microsoft here except to outbid them out of that ad.
And you’ve just shown your hand at having $500 to dispose, maybe a local casino ad would fit well here?
While the geographies of gaming consoles overlaps well, it doesn’t for automobiles, restaurants, service providers (mechanics or dentists or whatever).