1 00:00:00,280 --> 00:00:04,989 Twelve false advertising scandals that cost some brands millions of dollars. 2 00:00:05,480 --> 00:00:07,429 It doesn't pay to deceive the public. 3 00:00:07,599 --> 00:00:08,439 In advertising, 4 00:00:08,520 --> 00:00:12,640 there's a big difference between pushing the truth and making false claims. 5 00:00:12,800 --> 00:00:16,000 Many companies have been caught out for peddling mediocre products 6 00:00:16,000 --> 00:00:20,639 using wild claims like scientifically proven with guaranteed results. 7 00:00:20,879 --> 00:00:22,389 For companies that cross the line, 8 00:00:22,520 --> 00:00:25,239 it can cost millions and lead to a damaged reputation. 9 00:00:25,770 --> 00:00:30,170 Here are 12 examples of false advertising scandals that have rocked big brands. 10 00:00:30,209 --> 00:00:31,129 Some are still ongoing, 11 00:00:31,250 --> 00:00:33,159 and not all companies have had to pay up, 12 00:00:33,369 --> 00:00:36,799 but each dealt with a fair amount of negative publicity. 13 00:00:37,250 --> 00:00:38,279 Coming in at number 1, 14 00:00:38,450 --> 00:00:42,680 Activia yogurt said it had special bacterial ingredients. 15 00:00:42,970 --> 00:00:47,250 Ads for Dan Activia brand yogurt landed the company with a class action 16 00:00:47,700 --> 00:00:51,400 settlement of $45 million in 2010, 17 00:00:51,599 --> 00:00:52,990 according to ABC News. 18 00:00:53,319 --> 00:00:57,840 The yogurts were marketed as being clinically and scientifically proven to 19 00:00:57,840 --> 00:01:01,240 boost your immune system and able to help to regulate digestion. 20 00:01:01,479 --> 00:01:02,720 The Activia ad campaign, 21 00:01:02,799 --> 00:01:04,930 fronted by actress Jamie Lee Curtis, 22 00:01:05,000 --> 00:01:07,760 claimed that the yogurt had special bacterial ingredients. 23 00:01:07,800 --> 00:01:08,349 As a result, 24 00:01:08,480 --> 00:01:09,110 the yogurt was 25 00:01:09,230 --> 00:01:12,699 sold at 30% higher prices than other similar products. 26 00:01:12,949 --> 00:01:13,260 However, 27 00:01:13,309 --> 00:01:17,239 the Cleveland judge overseeing the case said that these claims were unproven. 28 00:01:17,470 --> 00:01:19,790 The lawsuit against Dannon began in 2008 29 00:01:19,790 --> 00:01:22,139 when consumer Trish Wiener lodged a complaint. 30 00:01:22,389 --> 00:01:24,989 On top of the fine of $45 million, 31 00:01:25,150 --> 00:01:27,059 Dannon was ordered to remove clinically 32 00:01:27,059 --> 00:01:29,739 and scientifically proven from its labels, 33 00:01:29,750 --> 00:01:30,959 according to ABC. 34 00:01:31,470 --> 00:01:36,180 Phrases similar to clinical studies show were deemed permissible. 35 00:01:36,620 --> 00:01:39,410 Dannon denied any wrongdoing and claimed it settled a 36 00:01:39,410 --> 00:01:42,480 lawsuit to avoid the cost and distraction of litigation. 37 00:01:42,800 --> 00:01:43,769 Coming in at 2, 38 00:01:43,970 --> 00:01:47,199 Red Bull said it could give you wings. 39 00:01:47,370 --> 00:01:51,599 Energy drink company Red Bull was sued in 2014 for its slogan, 40 00:01:51,730 --> 00:01:53,519 "Red Bull gives you wiiings." 41 00:01:53,610 --> 00:01:55,809 The company settled the class action case by 42 00:01:55,809 --> 00:01:59,319 agreeing to pay out a maximum of $13 million 43 00:01:59,690 --> 00:02:03,489 including $10 to every U.S. consumer who had bought the drink since 2002. 44 00:02:04,250 --> 00:02:06,080 The tagline which the company has used 45 00:02:06,080 --> 00:02:08,610 for nearly two decades went alongside marketing 46 00:02:08,610 --> 00:02:10,729 claims that the caffeinated drink could improve 47 00:02:10,729 --> 00:02:13,600 a consumer's concentration and reaction speed. 48 00:02:13,970 --> 00:02:16,649 Benjamin Careathers was one of several consumers who 49 00:02:16,649 --> 00:02:19,080 brought the case against the Austrian Drinks Company. 50 00:02:19,369 --> 00:02:22,279 He said he was a regular consumer of Red Bull for 10 years, 51 00:02:22,369 --> 00:02:24,850 but that he had not developed wings or shown 52 00:02:24,850 --> 00:02:27,839 any signs of improved intellectual or physical abilities. 53 00:02:27,970 --> 00:02:30,399 Red Bull released this statement following the settlement. 54 00:02:31,020 --> 00:02:34,809 Red Bull settled the lawsuit to avoid the cost and distraction of litigation. 55 00:02:35,020 --> 00:02:35,369 However, 56 00:02:35,619 --> 00:02:39,059 Red Bull maintains that its marketing and labeling have always been 57 00:02:39,059 --> 00:02:43,649 truthful and accurate and denies any and all wrongdoing or liability. 58 00:02:43,940 --> 00:02:44,940 Coming in at #3, 59 00:02:45,139 --> 00:02:47,740 Tesco was criticized for an ad in response to 60 00:02:47,740 --> 00:02:51,130 the horse meat scandal which suggested the problem affected 61 00:02:51,500 --> 00:02:53,550 the whole food industry. 62 00:02:54,020 --> 00:02:55,539 In 2013, 63 00:02:55,820 --> 00:02:59,529 UK supermarket chain Tesco was criticized after it ran a misleading 64 00:02:59,529 --> 00:03:02,089 ad campaign in the wake of its horse meat scandal, 65 00:03:02,339 --> 00:03:03,570 according to The Telegraph. 66 00:03:03,779 --> 00:03:07,220 The supermarket had been caught selling beef contaminated with horse 67 00:03:07,220 --> 00:03:09,720 meat in some of its burgers and ready meals. 68 00:03:09,820 --> 00:03:12,259 In an attempt to recover from the PR disaster, 69 00:03:12,419 --> 00:03:15,869 Tesco ran a two-page spread in national newspapers with the headline, 70 00:03:15,979 --> 00:03:16,220 What 71 00:03:16,354 --> 00:03:17,774 burgers have taught us? 72 00:03:18,065 --> 00:03:18,544 In the ad, 73 00:03:18,664 --> 00:03:21,324 Tesco was criticized for implying that the whole meat 74 00:03:21,324 --> 00:03:23,774 industry was implicated in the horse meat fiasco, 75 00:03:23,985 --> 00:03:25,214 which was untrue. 76 00:03:25,384 --> 00:03:28,975 The UK advertising regulator ASA banned the campaign. 77 00:03:29,214 --> 00:03:30,904 Nearly 300 million pounds, 78 00:03:31,024 --> 00:03:33,774 that's almost $432 million 79 00:03:33,985 --> 00:03:37,264 was wiped off the value of Tesco following the horse meat scandal, 80 00:03:37,464 --> 00:03:38,705 according to The Guardian. 81 00:03:39,145 --> 00:03:40,134 At number 4, 82 00:03:40,425 --> 00:03:43,904 Kellogg's said Rice Krispies could boost your immune system. 83 00:03:44,550 --> 00:03:48,369 Kellogg's Popular Rice Krispies cereal had a crisis in 2010 when the 84 00:03:48,369 --> 00:03:50,630 brand was accused of misleading consumers 85 00:03:50,630 --> 00:03:52,940 about the product's immunity boosting properties, 86 00:03:53,119 --> 00:03:54,410 according to CNN. 87 00:03:54,550 --> 00:03:56,679 The Federal Trade Commission ordered Kellogg to 88 00:03:56,679 --> 00:03:58,710 halt all advertising that claimed that the 89 00:03:58,710 --> 00:04:02,669 cereal improved the child's immunity with 25% 90 00:04:02,669 --> 00:04:05,399 daily value of antioxidants and nutrients, 91 00:04:05,419 --> 00:04:06,149 vitamins A, 92 00:04:06,270 --> 00:04:06,539 B, 93 00:04:06,669 --> 00:04:06,979 C, 94 00:04:06,990 --> 00:04:07,759 and E, 95 00:04:08,029 --> 00:04:10,179 stating the claims were dubious. 96 00:04:10,770 --> 00:04:13,509 The case was settled in 2011. 97 00:04:13,619 --> 00:04:17,850 Kellogg agreed to pay $2.5 million to affected consumers, 98 00:04:17,980 --> 00:04:22,970 as well as donating $2.5 million worth of Kellogg products to charity, 99 00:04:23,260 --> 00:04:25,299 according to Law360. 100 00:04:25,700 --> 00:04:27,179 And straight in at number 5, 101 00:04:27,380 --> 00:04:28,369 Kellogg again. 102 00:04:28,660 --> 00:04:28,980 Later, 103 00:04:29,100 --> 00:04:31,660 Kellogg said Mini Wheats could make you smarter. 104 00:04:32,380 --> 00:04:33,959 In 2013, 105 00:04:34,170 --> 00:04:36,119 Kellogg was in even more trouble. 106 00:04:36,260 --> 00:04:39,049 The company agreed to pay $4 million for false 107 00:04:39,049 --> 00:04:42,290 advertising claims it made about frosted Mini Wheats. 108 00:04:42,410 --> 00:04:44,649 The cereal company had falsely claimed that 109 00:04:44,649 --> 00:04:47,679 the Mini Wheats improved children's attentiveness, 110 00:04:47,970 --> 00:04:48,359 memory, 111 00:04:48,450 --> 00:04:50,670 and other cognitive functions. 112 00:04:50,809 --> 00:04:52,619 According to Associated Press, 113 00:04:52,640 --> 00:04:55,250 the ad campaign claimed that the breakfast cereal 114 00:04:55,250 --> 00:04:58,339 could improve a child's focus by nearly 20%. 115 00:04:58,410 --> 00:04:59,040 In its defense, Kellogg 116 00:04:59,622 --> 00:05:02,502 said that the ad campaign ran for 4 years previously and 117 00:05:02,502 --> 00:05:05,171 that it had since adjusted its claims about the cereal. 118 00:05:05,532 --> 00:05:09,342 Kellogg also noted that it has a long history of responsible advertising. 119 00:05:09,502 --> 00:05:12,252 People who consumed the cereal during the time the ad ran, 120 00:05:12,342 --> 00:05:14,221 which was during January 28, 121 00:05:14,451 --> 00:05:16,302 2009 to October 1, 122 00:05:16,381 --> 00:05:17,611 2009, 123 00:05:17,821 --> 00:05:23,932 were allowed to claim back $5 per box with a maximum of $15 per customer, 124 00:05:24,302 --> 00:05:26,242 according to Associated Press. 125 00:05:26,484 --> 00:05:27,493 Coming in at number 6, 126 00:05:27,634 --> 00:05:31,223 New Balance said its shoe could help wearers burn calories. 127 00:05:31,523 --> 00:05:35,544 New Balance was accused of false advertising in 2011 over a 128 00:05:35,544 --> 00:05:38,704 sneaker range that it claimed could help wearers burn calories, 129 00:05:38,873 --> 00:05:40,104 according to Reuters. 130 00:05:40,473 --> 00:05:43,704 Studies found that there were no health benefits from wearing the shoe. 131 00:05:43,834 --> 00:05:47,553 The toning sneaker claimed to use hidden brand technology and 132 00:05:47,553 --> 00:05:50,954 was advertised as calorie burners that activated the glutes, 133 00:05:51,033 --> 00:05:51,514 quads, 134 00:05:51,614 --> 00:05:52,273 hamstrings, 135 00:05:52,354 --> 00:05:53,394 and calves. 136 00:05:53,536 --> 00:05:55,835 Plaintiffs in the lawsuit claimed to have been 137 00:05:55,835 --> 00:05:58,175 harmed and misled by the sneaker company. 138 00:05:58,406 --> 00:05:59,085 On August 20, 139 00:05:59,246 --> 00:06:00,316 2012, 140 00:06:00,526 --> 00:06:04,476 New Balance agreed to pay a settlement of $2.3 million 141 00:06:04,686 --> 00:06:06,235 according to the Huffington Post. 142 00:06:06,645 --> 00:06:07,955 Coming in at number 7, 143 00:06:08,205 --> 00:06:11,675 Walmart falsely advertised the price of coke in New York. 144 00:06:12,006 --> 00:06:16,006 Walmart agreed to pay more than $66,000 in fines after 145 00:06:16,006 --> 00:06:20,406 overcharging customers from 117 stores in New York for Coca-Cola. 146 00:06:20,839 --> 00:06:25,839 The supermarket chain had advertised a nationwide sale on the soft drink of 2014, 147 00:06:25,910 --> 00:06:28,260 where 12 packs would cost just $3. 148 00:06:28,510 --> 00:06:28,970 However, 149 00:06:29,190 --> 00:06:32,089 customers in New York State were charged $3.50. 150 00:06:32,350 --> 00:06:35,790 Walmart staff allegedly lied about the reason for the price hike, 151 00:06:35,950 --> 00:06:38,519 telling customers that New York has a sugar tax, 152 00:06:38,670 --> 00:06:40,559 according to corporate crime reporter. 153 00:06:40,809 --> 00:06:42,929 New York Attorney General Eric Schneiderman, 154 00:06:43,109 --> 00:06:44,739 who conducted the investigation, 155 00:06:44,869 --> 00:06:45,750 concluded the price 156 00:06:45,993 --> 00:06:48,162 violated New York State's general business law 157 00:06:48,173 --> 00:06:50,042 349 and 350. 158 00:06:50,523 --> 00:06:51,782 Coming in at number 8, 159 00:06:52,013 --> 00:06:56,703 Definity Eye Cream retouched the model in an anti-aging ad. 160 00:06:57,053 --> 00:06:58,132 In 2009, 161 00:06:58,173 --> 00:07:01,453 an Olay ad for its Difinity Eye cream showed former model Twiggy 162 00:07:01,453 --> 00:07:05,322 looking wrinkle-free and a whole lot younger than her then 60 years. 163 00:07:05,532 --> 00:07:08,483 It turned out that the ads were retouched according to the Guardian. 164 00:07:08,653 --> 00:07:10,822 The British advertising regulator ASA 165 00:07:10,885 --> 00:07:13,395 banned the ad after Liberal Democrat lawmaker Jo 166 00:07:13,395 --> 00:07:16,425 Swinson gathered more than 700 complaints against it. 167 00:07:16,675 --> 00:07:19,355 The digitally altered spots were deemed to give a 168 00:07:19,355 --> 00:07:22,346 misleading impression of the effect the product could achieve. 169 00:07:22,635 --> 00:07:23,985 Ola's parent company, 170 00:07:23,996 --> 00:07:24,966 Procter and Gamble, 171 00:07:25,156 --> 00:07:27,115 responded that it was routine practice to 172 00:07:27,115 --> 00:07:30,036 use post-production techniques to correct poor lighting and 173 00:07:30,036 --> 00:07:33,436 other minor photographic deficiencies before publishing the final 174 00:07:33,436 --> 00:07:35,906 shots as part of an advertising campaign. 175 00:07:36,436 --> 00:07:37,876 Coming in at number 9, 176 00:07:38,075 --> 00:07:40,665 Splenda said it was made from sugar. 177 00:07:41,049 --> 00:07:44,269 The Sugar Association asked for an investigation into 178 00:07:44,269 --> 00:07:48,179 alternative sweetness blenders made from sugar slogan. 179 00:07:48,350 --> 00:07:51,670 It complained that the tagline was misleading and that the sweetener is 180 00:07:51,670 --> 00:07:55,940 nothing more than highly processed chemical compound made in a factory, 181 00:07:56,070 --> 00:07:57,220 CBS reported. 182 00:07:57,510 --> 00:07:58,779 In 2007, 183 00:07:58,790 --> 00:08:00,630 a resulting lawsuit led by the makers 184 00:08:00,630 --> 00:08:03,850 of rival sweetener Equal settled against Splenda. 185 00:08:04,190 --> 00:08:05,029 Equal was looking for 186 00:08:05,179 --> 00:08:09,519 $200 million from Splenda in the settlement for unfair profits. 187 00:08:09,600 --> 00:08:10,119 However, 188 00:08:10,399 --> 00:08:14,519 the exact amount of the settlement remains confidential according to NBC. 189 00:08:14,760 --> 00:08:16,070 Coming in at number 10, 190 00:08:16,239 --> 00:08:21,839 L'Oreal claimed its skincare products were clinically proven to boost genes. 191 00:08:22,160 --> 00:08:23,399 In 2014, 192 00:08:23,559 --> 00:08:25,970 cosmetics company L'Oreal was forced to admit 193 00:08:25,970 --> 00:08:29,040 that it's Lancôme Génifique and L'Oreal Paris 194 00:08:29,489 --> 00:08:34,169 Youth Code skin care products were not clinically proven to boost genes and 195 00:08:34,169 --> 00:08:38,808 give visibly younger skin in just 7 days as stated in its advertising. 196 00:08:39,010 --> 00:08:40,400 According to the FTC, 197 00:08:40,409 --> 00:08:43,119 the claims were false and unsubstantiated. 198 00:08:43,369 --> 00:08:44,090 In the settlement, 199 00:08:44,250 --> 00:08:47,890 L'Oreal USA was banned from making claims about anti-aging 200 00:08:47,890 --> 00:08:52,429 without competent and reliable scientific evidence substantiating such claims, 201 00:08:52,489 --> 00:08:53,169 the FTC said. 202 00:08:53,700 --> 00:08:55,739 "Though L'Oreal escaped the fine at the time, 203 00:08:55,900 --> 00:09:01,119 each future violation of this agreement will cost the company up to $16,000. 204 00:09:01,669 --> 00:09:03,419 Coming in at number 11. 205 00:09:03,460 --> 00:09:06,099 Eclipse said its gum could kill germs. 206 00:09:06,260 --> 00:09:09,210 Eclipse gum claimed in its ads that its new ingredient, 207 00:09:09,419 --> 00:09:11,169 magnolia bark extract, 208 00:09:11,219 --> 00:09:12,770 had germ killing properties. 209 00:09:12,940 --> 00:09:15,849 A lawsuit brought by consumers alleged that the ads were misleading, 210 00:09:16,099 --> 00:09:17,179 according to Businessweek. 211 00:09:17,789 --> 00:09:22,270 Wrigley denied wrongdoing, but was ordered to pay more than $6 million to a fund 212 00:09:22,270 --> 00:09:27,260 that would reimburse consumers up to $10 each for the misleading products in 2010. 213 00:09:27,630 --> 00:09:29,059 Coming in at number 12, 214 00:09:29,250 --> 00:09:33,539 a lawsuit alleged that Taco Bell was falsely advertising its beef. 215 00:09:33,830 --> 00:09:35,270 In 2011, 216 00:09:35,309 --> 00:09:39,789 consumers raised questions about what constituted Taco Bell's seasoned beef. 217 00:09:40,119 --> 00:09:42,390 According to the lawsuit reported in adage, 218 00:09:42,429 --> 00:09:44,539 the seasoning used was oat filler, 219 00:09:44,710 --> 00:09:47,419 which means the meat isn't seasoned beef at all, 220 00:09:47,630 --> 00:09:49,299 according to USDA standards. 221 00:09:49,429 --> 00:09:52,789 The suit alleged that the franchise had been tricking its consumers into 222 00:09:52,789 --> 00:09:55,940 thinking its products were of higher grade than they actually were. 223 00:09:56,140 --> 00:09:58,820 Taco Bell took the opportunity to poke fun at itself, 224 00:09:58,849 --> 00:10:01,099 hoping to mitigate the PR disaster. 225 00:10:01,270 --> 00:10:03,539 The company even took a four-page newspaper 226 00:10:03,539 --> 00:10:06,140 ad out thanking complainants for suing. 227 00:10:06,380 --> 00:10:11,099 Taco Bell was vindicated and the lawsuit was withdrawn in April 2011, 228 00:10:11,380 --> 00:10:13,369 according to Associated Press. 229 00:10:13,460 --> 00:10:14,599 And finally, 230 00:10:14,619 --> 00:10:16,219 it isn't a piece of advertising, 231 00:10:16,299 --> 00:10:18,830 it's actually two books that I highly recommend. 232 00:10:19,059 --> 00:10:21,500 Now Salt Sugar Fat and Fast Food Nations are 233 00:10:21,500 --> 00:10:24,770 two pieces of investigative reporting on the food industry, 234 00:10:25,020 --> 00:10:29,250 and it covers everything from how they make their food to how they advertise to us, 235 00:10:29,619 --> 00:10:31,570 to how they try and cover up 236 00:10:32,000 --> 00:10:34,710 the downside of their foods such as obesity, 237 00:10:34,760 --> 00:10:35,799 diabetes, 238 00:10:36,159 --> 00:10:36,809 their PR, 239 00:10:37,080 --> 00:10:38,440 the way they try and 240 00:10:38,840 --> 00:10:40,450 manipulate and lobby. 241 00:10:41,340 --> 00:10:42,330 All of that is just 242 00:10:42,500 --> 00:10:44,020 covered in these books and it's quite shocking, 243 00:10:44,140 --> 00:10:45,010 it's quite sad, 244 00:10:45,299 --> 00:10:48,570 but it's a reality that we need to face. And once we know about it, 245 00:10:48,640 --> 00:10:50,340 then we're less likely to wanna 246 00:10:50,909 --> 00:10:52,859 give our money away to these companies, 247 00:10:52,979 --> 00:10:55,849 because at the end of the day it's a return on investment that's negative. 248 00:10:55,940 --> 00:10:56,489 So, for example, 249 00:10:56,539 --> 00:10:57,369 if I buy, 250 00:10:57,630 --> 00:10:58,739 let's say a Big Mac. 251 00:10:59,239 --> 00:11:00,619 It might taste good on the spot, 252 00:11:00,690 --> 00:11:03,320 but then half an hour later I'm not gonna feel too good. 253 00:11:03,690 --> 00:11:05,489 It's gonna be high in saturated fats, 254 00:11:05,609 --> 00:11:06,210 high in sugar, 255 00:11:06,330 --> 00:11:07,159 high in salt, 256 00:11:07,239 --> 00:11:08,409 it's gonna mess my body up, 257 00:11:08,570 --> 00:11:10,039 and then I'm gonna feel bloated, 258 00:11:10,130 --> 00:11:11,080 lethargic. 259 00:11:11,510 --> 00:11:11,989 Sometimes 260 00:11:12,450 --> 00:11:14,960 you can actually have a headache after eating these foods, 261 00:11:15,289 --> 00:11:17,359 and so the return on investment is negative. 262 00:11:18,010 --> 00:11:21,169 And also the fact that they hire 263 00:11:21,539 --> 00:11:22,809 scientists 264 00:11:23,049 --> 00:11:24,840 and food engineers 265 00:11:25,210 --> 00:11:28,080 to make these products extra palatable 266 00:11:28,289 --> 00:11:28,960 is 267 00:11:29,609 --> 00:11:30,479 quite bizarre. 268 00:11:30,650 --> 00:11:33,000 So, if you think about Pringles, 269 00:11:33,289 --> 00:11:33,479 you know, 270 00:11:33,489 --> 00:11:34,250 the crunch, 271 00:11:34,570 --> 00:11:35,530 the flavor, 272 00:11:35,770 --> 00:11:36,669 the smell, 273 00:11:37,289 --> 00:11:38,919 everything about the product 274 00:11:38,929 --> 00:11:39,849 has been designed. 275 00:11:40,619 --> 00:11:42,739 And it's designed to make us 276 00:11:43,419 --> 00:11:45,059 extremely addicted to these products. 277 00:11:45,219 --> 00:11:47,700 And also they covered the marketing in these books. 278 00:11:47,820 --> 00:11:50,169 Now the marketing that these food companies use, 279 00:11:50,299 --> 00:11:50,500 I mean, 280 00:11:50,539 --> 00:11:53,369 you've seen in the examples that I showed you before, 281 00:11:53,789 --> 00:11:56,539 the marketing is just frightening because they 282 00:11:56,539 --> 00:11:59,109 know exactly at what hours to market, 283 00:11:59,380 --> 00:12:01,010 they know exactly how to market, 284 00:12:01,020 --> 00:12:05,140 and they know exactly what to show us to make us motivated to go out and buy them. 285 00:12:05,429 --> 00:12:07,330 And if we haven't got money to buy them, 286 00:12:07,369 --> 00:12:07,799 for example, 287 00:12:08,049 --> 00:12:09,239 let's say I'm a child, 288 00:12:09,440 --> 00:12:10,479 I'm a 7-year-old, 289 00:12:10,690 --> 00:12:13,729 they know exactly how to make that 7-year-old nag 290 00:12:13,729 --> 00:12:16,950 his parents until they give in and buy him the product 291 00:12:17,179 --> 00:12:17,760 or her. 292 00:12:17,929 --> 00:12:21,320 And then what happens to that child is that as the child grows up, 293 00:12:21,690 --> 00:12:25,200 that brand gets imprinted and embedded in the child's brain, 294 00:12:25,450 --> 00:12:28,000 so when the child becomes a teenager and then an adult, 295 00:12:28,330 --> 00:12:29,919 he's a buyer for life 296 00:12:30,510 --> 00:12:34,280 because that brand is the number one brand that's embedded in the child's brain. 297 00:12:34,690 --> 00:12:36,309 And then that child becomes an adult, 298 00:12:36,320 --> 00:12:37,010 and then 299 00:12:37,260 --> 00:12:38,979 he will always seek out that product. 300 00:12:39,059 --> 00:12:40,049 Just think about it. 301 00:12:40,659 --> 00:12:42,690 Maybe you've been to the store and you wanted 302 00:12:42,820 --> 00:12:44,020 a specific product, 303 00:12:44,140 --> 00:12:45,130 a specific brand, 304 00:12:45,219 --> 00:12:46,250 that's what you had in mind, 305 00:12:46,260 --> 00:12:48,489 and the store didn't have that specific brand. 306 00:12:48,859 --> 00:12:51,479 And then you were kind of hesitant to maybe buy something else, 307 00:12:51,539 --> 00:12:53,010 even though it was the same 308 00:12:53,500 --> 00:12:53,950 product. 309 00:12:54,140 --> 00:12:56,669 It was just the branding that was more powerful. 310 00:12:57,140 --> 00:12:58,289 Now why is that? 311 00:12:58,739 --> 00:13:01,539 And the reason is because they got us when we were young. 312 00:13:02,130 --> 00:13:03,059 So, these two books, 313 00:13:03,070 --> 00:13:03,929 incredible, 314 00:13:04,299 --> 00:13:05,549 really insightful, 315 00:13:06,099 --> 00:13:06,729 quite 316 00:13:06,979 --> 00:13:07,820 alarming, 317 00:13:08,020 --> 00:13:08,780 but it's 318 00:13:08,820 --> 00:13:13,049 good to have this source of knowledge because then we can make wiser decisions. 319 00:13:13,419 --> 00:13:15,700 And just like the previous examples, 320 00:13:15,780 --> 00:13:17,049 the 11 that I showed you, 321 00:13:18,250 --> 00:13:19,419 they're really insightful. 322 00:13:19,890 --> 00:13:20,989 And so, 323 00:13:21,270 --> 00:13:22,750 hopefully this kind of, 324 00:13:23,869 --> 00:13:25,140 it's a game changer for you. 325 00:13:25,179 --> 00:13:26,650 It was a game changer for me. 326 00:13:26,940 --> 00:13:29,500 It has made my decisions a little bit 327 00:13:29,820 --> 00:13:31,450 more wise, 328 00:13:31,859 --> 00:13:33,950 and it's really important because 329 00:13:34,140 --> 00:13:35,169 at the end of the day, 330 00:13:35,539 --> 00:13:38,900 we don't have infinite sources of money and when we spend it we 331 00:13:38,900 --> 00:13:40,989 want to spend it right and we want to invest it right. 332 00:13:41,559 --> 00:13:42,669 And preferably 333 00:13:42,820 --> 00:13:43,590 what we invest 334 00:13:43,900 --> 00:13:45,330 the money in will be 335 00:13:45,619 --> 00:13:47,250 good for us and for our health. 336 00:13:47,380 --> 00:13:49,090 So, hopefully this video was helpful, 337 00:13:49,340 --> 00:13:50,250 insightful. 338 00:13:50,299 --> 00:13:50,900 And if it was, 339 00:13:51,020 --> 00:13:51,900 don't forget to like, 340 00:13:52,020 --> 00:13:54,739 comment, and subscribe and I'll see you in the next video. 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