WEBVTT

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Welcome to today's deep dive. It is, it's just

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fantastic to have you joining us. Yeah, we're

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really glad you're here. Today, our mission is

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to explore the wild, honestly, entirely counterintuitive

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evolution of one of the world's most recognizable

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brands, Marlboro. To do this, we're using a single,

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incredibly comprehensive Wikipedia article as

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our sole source material. We're going to use

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this document to uncover exactly how a brand

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engineered its image, its underlying chemistry,

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and its legal loopholes to just absolutely dominate

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a global market. It's quite the story. It really

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is. I can promise you plenty of aha moments today.

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Whether you are a marketing professional, a history

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buff, or you're just insanely curious about how

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the world works, this deep dive is going to completely

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change how you view a simple red and white box.

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But before we jump in, let's establish the ground

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rules for today's discussion. Right. Good call.

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Our source material contains information regarding

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the tobacco industry, including historical health

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studies, discussions of addiction and some pretty

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intense legal battles. We want to assure you

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that we are not taking any sides here, nor are

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we endorsing the tobacco industry's practices.

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Exactly. Our goal is simply to impartially report

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on the factual history and the ideas contained

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within the source material we are reviewing.

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We are looking at this strictly through the lens

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of history, marketing, and corporate strategy.

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Okay, let's unpack this. Yeah. I was looking

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at the origin story in the source material, and

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it completely subverted my expectations. How

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so? Well, when you picture this brand, you naturally

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picture the American West. Sure. Rugged cowboy,

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horses, wide open spaces, the quintessential

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American image. But the actual origin is set

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in a completely different landscape. London,

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actually. Right. Yeah, 1847. A British tobacconist

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named Philip Morris opened a shop on Bond Street

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selling tobacco and rolled cigarettes. Bond Street.

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Exactly. And after he passed away in 1873, his

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brother and his widow took over the business.

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They eventually expanded and opened a factory

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on Great Marlborough Street in London. So the

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brand name that would eventually become synonymous

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with American cowboys. Simply took its name from

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a street in the UK. That is wild. And the timeline

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of how it crossed the Atlantic is fascinating,

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too. The name was registered in the U .S. early

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on, but the brand wasn't actually launched as

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a cigarette until 1924. And when it did. Yeah,

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when it finally hit the American market. The

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positioning was a massive departure from that

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rugged image we know today. It was marketed explicitly

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as America's luxury cigarette. Sold primarily

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in high -end hotels and resorts. Right. The demographic

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targeting was highly specific. Very. By the 1930s,

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the company was heavily leaning into marketing

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Marlboro as a woman's cigarette. Which is so

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hard to imagine now. I know. The overarching

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slogan of the era was mild as May. Mild as May.

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Yeah. They even went as far as printing a red

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band around the filter. The marketing copy explicitly

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noted this was a and I'm quoting here beauty

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tip to keep the paper from your lips Wow It was

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designed entirely to hide red lipstick stains

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So you have a highly feminized luxury product.

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To understand how we get from mild as may to

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a cowboy on a horse, we have to look at the massive

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cultural shift that happened a few decades later.

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The 1950s. Exactly. The 1950s hit and scientists

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began publishing major undeniable studies linking

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smoking to lung cancer. Which created an immediate

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crisis in consumer behavior. It was a huge demographic

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dilemma for the company. Men who smoked were

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suddenly very concerned about the health implications,

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and they wanted to switch to filtered cigarettes,

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which were perceived as safer. But there was

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a severe cultural roadblock. Right, the previous

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marketing. Exactly. Brands had spent decades

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aggressively marketing filters as a ladies' favorite.

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Because of this, filters were culturally stigmatized

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among men. They didn't want to be seen smoking

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them. Right. You had this massive population

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of male consumers who wanted the perceived health

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benefits of a filter, but were hesitant to purchase

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them due to the fear of being seen with a feminine

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product. So Philip Morris had to solve a massive

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marketing puzzle. They brought in the Leo Burnett

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Advertising Agency and a package designer named

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Frank Giannonotto. He's an important figure here.

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He really is. Giannonotto is actually the designer

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who created the iconic red and white box with

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the sharp chevron design. And keep that chevron

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in mind, because that shape becomes incredibly

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important to their strategy decades later. It

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definitely does. Now, the agency's proposed campaign

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was a masterclass in demographic pivoting. They

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decided to dispense with long, wordy copy entirely.

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It's visual impact. Exactly. Instead, they proposed

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presenting a lineup of intensely masculine figures

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to completely rebrand the concept of the filter

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cigarette. The initial pitch included sea captains,

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weightlifters, war correspondents, construction

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workers. And a cowboy. And a cowboy. What's fascinating

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here is the sheer speed of the cultural reaction.

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How fast it caught on. Yeah. The cowboy was originally

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intended to be just the first character in a

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rotating series of manly figures. But that specific

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image resonated so deeply with the American ideal

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of rugged individualism that Philip Morris abandoned

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the rest of the lineup entirely. So long, sea

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captains. Right. The sea captains and weightlifters

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were scrapped. The cowboy worked so effectively

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that the brand's market share skyrocketed, moving

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from less than 1 % of the market to becoming

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the fourth best -selling brand almost overnight.

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Incredible. They manufactured a completely new

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identity that tapped perfectly into the mid -20th

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century cultural zeitgeist. It really was perfect

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timing. By 1963, they were even using Elmer Bernstein's

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epic theme music from the classic Western movie

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The Magnificent Seven for their television commercial.

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Just fully committing to the Totally. Here's

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where it gets really interesting, though, because

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the advertising and the Marlboro Man are only

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half the story. The source material reveals that

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a huge part of their meteoric rise in market

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share wasn't just because of a billboard. It

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was because of a fundamental change to the internal

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chemistry of the product. The physical product

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was re -engineered just as aggressively as the

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brand image. They altered the tobacco blend by

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adding specific chemical compounds, most notably

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ammonia and diammonium phosphate. The mechanics

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of how those chemicals interact with the human

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body completely changed the trajectory of the

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company. We need to look at the chemistry to

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understand the business impact. Walk us through

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it. Sure. So nicotine in its natural state is

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a salt. It is chemically bound up. which means

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when it is smoked in that natural state, it is

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relatively inefficient at crossing the blood

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-brain barrier. Adding ammonia compounds changes

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the equation by raising the pH level of the tobacco

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smoke. When you increase the alkalinity, you

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strip the protons away from those nicotine salts.

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Which does what, exactly? This converts the molecule

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into what is known as free nicotine. This process

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is called freebasing. And it makes the smoke

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milder and less harsh on the throat, right? Yeah.

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But the true impact is on the delivery system.

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Yes. The altered nicotine molecules are delivered

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to the brain far more efficiently and rapidly.

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It creates a much faster, more potent impact

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on the central nervous system. The source makes

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a really stark comparison here. It does. It notes

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that various experts refer to this resulting

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product as cracked tobacco. That terminology

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is used because freebasing is the exact same

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chemical process utilized to transform powder

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cocaine into crack cocaine. It is entirely about

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maximizing the biological efficiency of the delivery

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system. And they kept that chemical process a

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closely guarded secret for many years. You have

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this incredible dual strategy playing out. Brilliant

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identity shifting advertising on the outside.

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And a chemically optimized delivery system on

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the inside. By 1972, that combination propelled

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Marlboro. to become the best -selling brand of

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tobacco in the entire world. Once a company achieves

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that level of global dominance, the primary corporate

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challenge shifts to maintaining that position.

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Especially as the regulatory landscape begins

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to close in around them, which transitions perfectly

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into their era of sports sponsorship, specifically

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their absolute dominance in motorsport. The brand

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built a legendary association with Formula One

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and Grand Prix motorcycle racing starting in

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the 1970s. And... The longevity of these deals

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is staggering. Yeah. They held the longest sponsorship

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deal between a team and a title sponsor in Formula

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One history. They partnered with McLaren for

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23 consecutive seasons. From 1974 to 1996. With

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the biggest names of the era behind the wheel.

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Fittipaldi, Hunt, Lauda. Prost, Senna. And they

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eventually became the primary and then title

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sponsor for Scuderia Ferrari. Right. The visibility

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was unparalleled. A Philip Morris marketing executive

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even stated in 1989 that Formula One added a

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modern day dimension to the Marlboro man. It

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projected ruggedness, heroism and individualism.

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Exactly. But then the legislative hurdles appeared.

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The European Union and various other governments

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began passing strict laws banning explicit tobacco

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advertising at sporting events. This was a massive

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blow. Huge. Philip Morris was spending tens of

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millions of dollars to sponsor teams like Ferrari,

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but suddenly they were legally barred from painting

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their name on the side of the car. How a company

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justifies keeping a sponsorship when they can't

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even use their own logo is a fascinating study

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in corporate strategy. If we connect this to

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the bigger picture, we see a masterclass in what

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an academic journal cited in our source calls

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alibi marketing. Alibi marketing. I love that

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term. It's very accurate. Ferrari and McLaren,

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working in tandem with Philip Morris, had to

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alter their liveries to comply with the new bans.

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But they couldn't afford to lose the brand recognition

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they had spent decades building. So what did

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they do? Alibi marketing relies heavily on gestalt

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psychology. That's the brain's inherent desire

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to complete familiar visual patterns. They started

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getting incredibly creative with the empty space

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on the cars. Early on, they replaced the brand

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name with a simple chevron shape. Throwing back

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to Frank Giannotta's original package design.

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Precisely. Sometimes they left a white space

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with the driver's name in it, utilizing the exact

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typography of the brand. But the most famous

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and controversial tactic was the introduction

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of the barcode. Ah, the barcode design on the

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Ferraris. That was ubiquitous for years. They

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replaced the explicit logo with a series of vertical

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white, red, and black stripes. To the conscious

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mind, sitting still, it looks like a generic

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barcode. But at race speeds. Right. The subconscious

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mind processes information differently, especially

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when tracking a vehicle blurring past at 200

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miles an hour. The brain reconstructs the visual

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weight and typography of the original logo from

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those vertical stripes. And it was so effective

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that it eventually drew intense scrutiny. By

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2010, leading health officials and doctors were

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pushing back hard. They argued that the Ferrari

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barcode was textbook subliminal advertising.

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Because even absent the actual name. Those visual

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cues were influencing consumer behavior. The

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racing teams attempted to claim the barcode was

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simply part of the car's design aesthetic, not

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an advertising message. But academic research

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highlighted in the source pointed out that Philip

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Morris had historically used vertical stripes

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in the exact same locations as their explicit

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logos for decades prior to the bans. It was undeniably

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an alibi. They were using the fundamental visual

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identity of the brand to bypass the explicit

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letter of the law. And this strategy extended

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beyond Formula One. Oh, right. Motorcycles. In

00:11:38.210 --> 00:11:41.769
2011, the Ducati motorcycle racing team introduced

00:11:41.769 --> 00:11:44.669
a new logo that drew heavy criticism because

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the shape clearly evocated the top left corner

00:11:47.330 --> 00:11:50.429
of a Marlboro pack. The sheer power of a brand

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that can successfully advertise a highly restricted

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product using absolutely zero words, just suggested

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shapes and specific shades of red and white is

00:11:59.629 --> 00:12:02.490
remarkable. It truly is. The source also documents

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some highly memorable special liveries where

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that visual adaptability was used for different

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purposes. Yeah. Like at the 1986 Portuguese Grand

00:12:10.090 --> 00:12:12.940
Prix. Keke Rosberg's car was painted yellow and

00:12:12.940 --> 00:12:14.679
white instead of the traditional red. Right.

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That was a targeted subliminal advertisement

00:12:16.820 --> 00:12:19.419
specifically for Marlboro Lights. They also adapted

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the visual space for non -commercial messaging.

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Yeah, this is moving. For the 2001 Italian Grand

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Prix, which took place immediately following

00:12:26.980 --> 00:12:29.899
the September 11 attacks, Ferrari ran their cars

00:12:29.899 --> 00:12:32.240
completely devoid of sponsorship liveries and

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painted the nosicone's matte black out of respect.

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And they did it again later, didn't they? They

00:12:36.909 --> 00:12:39.970
did. They repeated the matte black nosicum tribute

00:12:39.970 --> 00:12:43.549
at the 2005 Bahrain Grand Prix to mourn the passing

00:12:43.549 --> 00:12:46.750
of Pope John Paul II. They deeply understood

00:12:46.750 --> 00:12:49.110
how to leverage the visual real estate of the

00:12:49.110 --> 00:12:51.629
car to broadcast a message, whether that message

00:12:51.629 --> 00:12:54.710
was grief or brand reinforcement. And that deep

00:12:54.710 --> 00:12:57.429
reliance on visual adaptability became even more

00:12:57.429 --> 00:13:00.529
critical outside the realm of sports. especially

00:13:00.529 --> 00:13:03.730
as legal restrictions increasingly targeted the

00:13:03.730 --> 00:13:06.570
specific vocabulary the company was allowed to

00:13:06.570 --> 00:13:08.710
use on its packaging. A major shift occurred

00:13:08.710 --> 00:13:12.309
in 2006 with a landmark U .S. court ruling. The

00:13:12.309 --> 00:13:14.149
court determined that cigarette companies could

00:13:14.149 --> 00:13:16.669
no longer utilize words like lights, ultralights,

00:13:16.769 --> 00:13:20.029
medium, or mild on their packaging. The reasoning

00:13:20.029 --> 00:13:22.509
behind the ruling was focused entirely on consumer

00:13:22.509 --> 00:13:25.019
perception. The courts argued that those specific

00:13:25.019 --> 00:13:27.500
adjectives inherently yielded an impression to

00:13:27.500 --> 00:13:30.740
the consumer that the cigarette was somehow safer

00:13:30.740 --> 00:13:33.820
or less harmful than a regular full flavored

00:13:33.820 --> 00:13:36.559
cigarette. Right. From a public health perspective,

00:13:36.820 --> 00:13:39.500
this was deemed misleading. So the company suddenly

00:13:39.500 --> 00:13:43.120
found themselves unable to sell Marlboro Lights,

00:13:43.419 --> 00:13:45.919
which was a massive portion of their portfolio.

00:13:46.419 --> 00:13:49.580
The pivot was immediate. They shifted entirely

00:13:49.580 --> 00:13:52.080
to color coding. A brilliant move, honestly.

00:13:52.360 --> 00:13:54.759
It was. The physical product remained the exact

00:13:54.759 --> 00:13:57.279
same, but instead of Marlboro Lights, the packaging

00:13:57.279 --> 00:14:01.289
read Marlboro Gold Pack. They successfully retrained

00:14:01.289 --> 00:14:03.590
their entire consumer base to request a color

00:14:03.590 --> 00:14:05.850
instead of an adjective. It is another clear

00:14:05.850 --> 00:14:08.950
example of brand decoupling, separating the product's

00:14:08.950 --> 00:14:11.450
identity from restricted language and relying

00:14:11.450 --> 00:14:14.289
on visual associations to maintain market share.

00:14:14.590 --> 00:14:17.509
Sometimes, however, even a masterful visual strategy

00:14:17.509 --> 00:14:19.950
isn't enough to save a company from a bizarre

00:14:19.950 --> 00:14:23.009
legal trap. Yes, the Canadian situation. The

00:14:23.009 --> 00:14:25.590
source highlights a truly wild historical quirk

00:14:25.590 --> 00:14:28.110
regarding trademark law in Canada that forced

00:14:28.110 --> 00:14:29.889
the company into an unprecedented situation.

00:14:30.250 --> 00:14:33.029
This specific legal battle perfectly illustrates

00:14:33.029 --> 00:14:36.169
the fragility of intellectual property. Back

00:14:36.169 --> 00:14:39.669
in 1932, long before the 1950s relaunch, the

00:14:39.669 --> 00:14:43.210
cowboy or the global dominance, Philip Morris

00:14:43.210 --> 00:14:45.850
sold the Canadian rights to the Marlborough name

00:14:45.850 --> 00:14:48.870
to a company called Imperial Tobacco. Decades

00:14:48.870 --> 00:14:51.450
later. Philip Morris builds the most recognizable

00:14:51.450 --> 00:14:54.070
consumer brand on the planet. Yeah. But when

00:14:54.070 --> 00:14:56.850
they look to expand their own massively successful

00:14:56.850 --> 00:14:59.330
product into the neighboring Canadian market,

00:14:59.509 --> 00:15:02.509
they find themselves legally locked out of using

00:15:02.509 --> 00:15:05.049
their own name. Imperial Tobacco was legally

00:15:05.049 --> 00:15:07.370
selling a completely different cigarette under

00:15:07.370 --> 00:15:10.090
the name Marlboro within Canada. Wow. Philip

00:15:10.090 --> 00:15:12.610
Morris initiated numerous legal maneuvers attempting

00:15:12.610 --> 00:15:14.850
to reclaim the rights to the name but ultimately

00:15:14.850 --> 00:15:17.789
failed. Facing a completely locked market, they

00:15:17.789 --> 00:15:20.169
fell back on their mastery of visual trade dress.

00:15:20.409 --> 00:15:22.710
They introduced a product in Canada utilizing

00:15:22.710 --> 00:15:25.529
the famous red and white rooftop design, but

00:15:25.529 --> 00:15:27.529
the packaging featured no brand name whatsoever.

00:15:27.870 --> 00:15:29.909
Just the design. Yeah. The text simply read,

00:15:30.009 --> 00:15:33.049
World Famous Imported Blend. This naturally triggered

00:15:33.049 --> 00:15:36.409
further legal challenges. Imperial Tobacco argued

00:15:36.409 --> 00:15:39.029
that the packaging was creating severe customer

00:15:39.029 --> 00:15:42.049
confusion. Which makes sense. Right. If a Canadian

00:15:42.049 --> 00:15:44.549
consumer walked into a store and asked the clerk

00:15:44.549 --> 00:15:47.509
for a Marlboro, the retailer was forced to guess

00:15:47.509 --> 00:15:49.710
whether the customer wanted the cigarette legally

00:15:49.710 --> 00:15:52.389
bearing the name or the cigarette bearing the

00:15:52.389 --> 00:15:54.929
globally famous design. And the Canadian courts

00:15:54.929 --> 00:15:58.129
ultimately ruled in favor of Imperial Tobacco

00:15:58.129 --> 00:16:01.269
regarding the confusion. So Philip Morris was

00:16:01.269 --> 00:16:04.350
forced to pivot yet again. They eventually had

00:16:04.350 --> 00:16:06.789
to sell their cigarettes in Canada under the

00:16:06.789 --> 00:16:11.009
brand name Rooftop. Just rooftop. A massive global

00:16:11.009 --> 00:16:13.610
corporate behemoth was forced to operate under

00:16:13.610 --> 00:16:16.730
an alias just over the border. This raises an

00:16:16.730 --> 00:16:18.870
important question about how deeply a visual

00:16:18.870 --> 00:16:21.710
identity can penetrate a culture, even when the

00:16:21.710 --> 00:16:23.789
brand is actively restricted from participating

00:16:23.789 --> 00:16:26.929
in it. We see this visual recognition seeping

00:16:26.929 --> 00:16:29.470
directly into fictional universes. Definitely.

00:16:29.669 --> 00:16:31.870
If you watch enough movies or television, you

00:16:31.870 --> 00:16:34.110
will inevitably notice a character smoking a

00:16:34.110 --> 00:16:36.769
pack that looks exactly like a Marlboro pack,

00:16:36.990 --> 00:16:40.360
but the details are just slightly altered. The

00:16:40.360 --> 00:16:42.720
source introduces us to the Morley phenomenon.

00:16:43.080 --> 00:16:45.799
Right, Morley. Morley is a fictional brand of

00:16:45.799 --> 00:16:48.039
cigarettes utilized extensively by Hollywood

00:16:48.039 --> 00:16:50.620
production companies. The packaging is designed

00:16:50.620 --> 00:16:53.200
to be virtually identical to Marlboro's original

00:16:53.200 --> 00:16:56.269
red and white design. And the name Morley itself

00:16:56.269 --> 00:16:59.590
is actually a play on Marley's, a common slang

00:16:59.590 --> 00:17:02.509
nickname for the real cigarettes. The history

00:17:02.509 --> 00:17:05.190
of this fictional brand spans decades of media.

00:17:05.349 --> 00:17:07.630
You can spot a pack of Morley's all the way back

00:17:07.630 --> 00:17:10.390
in Alfred Hitchcock's Psycho in 1960. Oh, wow.

00:17:10.670 --> 00:17:13.329
Yeah, but they're most prominent in modern television.

00:17:13.670 --> 00:17:16.410
In the sci -fi series The X -Files, the primary

00:17:16.410 --> 00:17:19.529
antagonist is literally named the cigarette -smoking

00:17:19.529 --> 00:17:22.690
man. And his exclusive brand of choice is Morley's.

00:17:22.809 --> 00:17:24.910
They became one of the most recognizable recurring

00:17:24.910 --> 00:17:27.670
props in the series. The prop designers even

00:17:27.670 --> 00:17:30.190
created a Morley Lights version in a golden white

00:17:30.190 --> 00:17:32.529
package that appears in shows like The Walking

00:17:32.529 --> 00:17:35.259
Dead. These props are supplied by a century old

00:17:35.259 --> 00:17:37.779
Hollywood prop company called the Earl Hayes

00:17:37.779 --> 00:17:40.299
Press. The source explains that this practice

00:17:40.299 --> 00:17:42.440
originated during the early days of television

00:17:42.440 --> 00:17:45.920
when tobacco companies would sponsor entire programs

00:17:45.920 --> 00:17:48.859
and pay heavily for product placement. So if

00:17:48.859 --> 00:17:51.180
a real brand declined to pay the production company

00:17:51.180 --> 00:17:53.839
for placement, the producers would simply substitute

00:17:53.839 --> 00:17:56.619
a non -brand product like Morley. The visual

00:17:56.619 --> 00:17:59.630
identity is so potent. that the fictional doppelganger

00:17:59.630 --> 00:18:02.289
has become a cultural icon in its own right,

00:18:02.450 --> 00:18:05.150
entirely separate from the actual product. It's

00:18:05.150 --> 00:18:07.930
taken on a life of its own. It really has. We

00:18:07.930 --> 00:18:09.630
have covered a tremendous amount of ground today.

00:18:09.869 --> 00:18:12.230
We started with a luxury feminized cigarette

00:18:12.230 --> 00:18:15.529
sold in 1920s resorts. We examined how a mid

00:18:15.529 --> 00:18:17.849
-century public health crisis triggered a demographic

00:18:17.849 --> 00:18:20.730
pivot that created the hyper -masculine Marlboro

00:18:20.730 --> 00:18:24.099
Man. We dug into the exact chemistry of freebasing

00:18:24.099 --> 00:18:26.259
nicotine that supercharged their delivery system,

00:18:26.359 --> 00:18:28.779
and we traced how they mastered alibi marketing,

00:18:29.019 --> 00:18:31.559
gestalt psychology, and color codes to maintain

00:18:31.559 --> 00:18:33.960
their grip on the culture, despite relentless

00:18:33.960 --> 00:18:36.579
global legal restrictions. So what does this

00:18:36.579 --> 00:18:39.619
all mean? The overarching takeaway from synthesizing

00:18:39.619 --> 00:18:42.720
the source material is the immense, often invisible

00:18:42.720 --> 00:18:45.119
power of adaptability in corporate strategy.

00:18:45.859 --> 00:18:49.259
Adaptability. Yes. Consider the existential threats

00:18:49.259 --> 00:18:51.500
the single brand has faced over the last century.

00:18:51.700 --> 00:18:54.500
They faced a complete demographic mismatch when

00:18:54.500 --> 00:18:57.420
their target audience shifted. They faced a public

00:18:57.420 --> 00:19:00.039
health crisis that fundamentally changed the

00:19:00.039 --> 00:19:02.559
global perception of their product. They faced

00:19:02.559 --> 00:19:04.799
international governments actively banning their

00:19:04.799 --> 00:19:07.339
ability to advertise. Banning their colors, their

00:19:07.339 --> 00:19:10.299
names. Right. They faced courts stripping away

00:19:10.299 --> 00:19:12.539
the very additives they use to describe their

00:19:12.539 --> 00:19:14.980
inventory. And they even lost the rights to their

00:19:14.980 --> 00:19:17.950
own name in a major market. Any single one of

00:19:17.950 --> 00:19:19.710
those hurdles could have destroyed a massive

00:19:19.710 --> 00:19:22.190
corporation. But in every instance, the brand

00:19:22.190 --> 00:19:24.769
survived by changing its shape, not its core

00:19:24.769 --> 00:19:27.390
mission. They altered their demographic. They

00:19:27.390 --> 00:19:29.410
fundamentally changed their internal chemistry.

00:19:29.529 --> 00:19:32.130
They decoupled their brand from language, turning

00:19:32.130 --> 00:19:34.970
logos into barcodes and adjectives into colors.

00:19:35.190 --> 00:19:38.529
They survived by mastering regulatory arbitrage

00:19:38.529 --> 00:19:41.329
and the art of the pivot. It is a staggering

00:19:41.329 --> 00:19:43.630
display of corporate resilience and strategic

00:19:43.630 --> 00:19:46.200
maneuvering. It is. And that leads to a final

00:19:46.200 --> 00:19:47.740
thought I want to leave you with based on the

00:19:47.740 --> 00:19:49.599
very end of our source material. What's that?

00:19:49.839 --> 00:19:52.039
Well, the article notes recent developments regarding

00:19:52.039 --> 00:19:54.180
the U .S. Food and Drug Administration approving

00:19:54.180 --> 00:19:56.680
the marketing of multiple Marlboro vape heat

00:19:56.680 --> 00:19:59.740
sticks, alongside speculation about Philip Morris

00:19:59.740 --> 00:20:02.839
running their heat not burn brand called IQOS

00:20:02.839 --> 00:20:06.960
in MotoGP racing. With traditional smoking declining

00:20:06.960 --> 00:20:09.660
globally and a new wave of modern legislation

00:20:09.660 --> 00:20:12.180
taking effect, the company is pivoting once again

00:20:12.180 --> 00:20:15.650
to bypass current regulations. So the question

00:20:15.650 --> 00:20:18.789
I want to leave you to mull over is this. As

00:20:18.789 --> 00:20:21.269
they move aggressively into this new frontier

00:20:21.269 --> 00:20:24.950
of vape and heat not burn technology, what psychological

00:20:24.950 --> 00:20:27.829
and visual tricks will they invent next? What

00:20:27.829 --> 00:20:30.730
will become the barcode or the Marlboro Man of

00:20:30.730 --> 00:20:33.670
the 21st century digital era? That is a fascinating

00:20:33.670 --> 00:20:36.309
question to consider as we watch the next era

00:20:36.309 --> 00:20:38.230
of their marketing unfold. Thank you so much

00:20:38.230 --> 00:20:39.890
for joining us on this deep dive. We hope you

00:20:39.890 --> 00:20:41.750
learned as much as we did and we will catch you

00:20:41.750 --> 00:20:42.109
next time.
