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in this video ill show you the best way to waste 10 million dollars and generate loads of horrible publicity in just six days so stay tuned [Music] hey this is matt and welcome back to the channel anyone interested in marketing will probably already appreciate the power of branding because in a competitive world a great brand can be the decisive factor in the products we buy the software we use and even the clothes we wear but brand equity is no overnight fad its built up over years and even decades and so it was with gap 2. dating back to 1969 gap had established itself as one of americas and even the worlds most beloved brands but like many brands in the aftermath of the 2008 financial crisis gap sales had dropped and management were concerned that the brand had just lost its relevance basically they panicked and decided a total rebrand was required so they spent 10 million to go from this to this the rebrand was accompanied as youd expect by a slick pr campaign caps vice presid