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Ryff Inc.: Disrupting Product Placement
內容大綱
In July 2019, the founder and chief executive officer (CEO) of a one-year-old start-up in Los Angeles was reviewing the path forward with the company's new technology platform. The product helped brand managers insert their brands virtually and in real time into television (TV) and movie scenes. With each placement customized to the individual habits and personal preferences of the viewer, virtual placement was a considerable improvement over physical placement of brands as permanent fixtures in TV plots and movie scenes. The technology represented a major disruption to the product placement industry. The company's CEO needs to resolve three dilemmas to take Ryff forward. First, how should the company find its fit with large advertising agencies that operate in a traditional placement market? Second, how should the company convert traditional industry person-to-person interactions to interactions driven by software programs? Third, how should the company take its business global?