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You may be right since someone has to reach the advertising cost in one way or another but advertisement is necessary because it makes customers aware of a new product on market and increases the company income (Input )
Thank you for asking!
As a customer for sure I say it is a waste of money. However, as a retailer, I have to sacrifice and take risk to grab more customer attention. Even if there are customers who think the price is high, there would be more sales at the end. Due to that there are more customers came from the add.
Advertising for the product or services to provide by a business is important for business as well as for the customers too.
It facilitate both ends in same time Increasing our cost expenses and increasing prices for the customers.
So its true that customer is paying for the advertisement cost indirectly as they are being facilitated by the services to Know About Product what they are going to pay for.
Advertisement is part of the product process to reach the customer, and it is an extra cost added to the product, but if you don't use it sometimes, customer does not know about this product.
It is a necessary supplementary service, it is like an extra delivery charge to deliver food to a customer, but customer is paying for his/her convenience to have the food ready by his/her door !