I want to chime in not necessarily to disagree but there is a lot of unknowns in how effective advertising really is and in a lot of cases, if it is at all.
Additionally, the curtailment of cigarette advertising wasn't because it was understood to be bad, it was because a bunch of politicians found it to be politically beneficial to "do something" so they threw everything at the wall. Increased taxes, counter advertisement, advertising bans, smoking bans in certain places, required packaging, etc. Who knows what actually worked, if any of it did.
We're seeing a big decline in alcohol consumption right now in younger generations right now and none of those things were done to cause it.