This is just an anecdote, but I'm seeing more ads than ever for chegg, and I'm not in school. Wondering if it's coincidence or a last ditch effort to boost metrics.
Coca-Cola doesn't need to advertise. It's delicious, everyone knows it exists, and yet they still spend ungodly amounts of money on advertising.
KO shareholders presumably wouldn't let them get away with this if it wasn't justifiable. So there's something I'm likely missing.