Scott Galloway: Asshole ≠ Innovative

This has been an awful year for Uber, which was the most valuable startup in the world. We'll see...

(0:41) “‘Apple Is Sex’ Scott Galloway Cannes Lions 2017,” YouTube, June 2017. http://bit.ly/2uDOG3S
(0:56) “Uber Loses at Least $1.2 Billion in First Half of 2016,” Bloomberg, August 2016. https://bloom.bg/2bYHoz5
(1:32) “Lyft Is Valued At $7.5 Billion After Raising A $500 Million Round,” recode, April 2017. http://bit.ly/2ufgXwN
(1:32) “As Uber’s Value Slips On The Secondary Market, Lyft’s Is Rising,” Tech Crunch, June 2017. http://tcrn.ch/2tyTaFH
(2:27) “Marissa Mayer Defends Former Uber CEO Travis Kalanick,” San Francisco Chronicle, June 2017. http://bit.ly/2tW5kZm

Episode 133

Scott Galloway: Amazon Will Be Broken Up

They're catching up to Netflix with original content, producing more innovative hardware than Apple, and about to lead the biggest consumer sector in the world. Prediction: this company will hit a $1 trillion market cap by 2020.

(0:09) “Amazon to Acquire Whole Foods Market,” Amazon, June 2017. http://bit.ly/2rynJxL
(0:39) “Amazon.com Market Cap,” Y Charts, July 2017. http://bit.ly/2uWnj2y
(0:45) Yahoo! Finance, June 2016.
(0:56) “Supermarkets & Grocery Stores in the US: Market Research Report,” January 2017. http://bit.ly/2tNg3r1
(0:56) SelectUSA, 2016.
(1:06) “Global E-Commerce Grocery Market Has Grown 15% To 48BN,” Kantar WorldPanel, September 2016. http://bit.ly/2piz4jZ
(1:29) “7 Price Tags That Prove Whole Foods Has Gone Too Far,” Spoon University, June 2016. http://bit.ly/2uefckp
(1:56) “Time Warner Boosting HBO Budget As Netflix, Amazon Keep Spending,” FierceCable, December 2016. http://bit.ly/2o8CFkE
(1:56) “Amazon Is Spending An Insane Amount Of Money To Catch Up To Netflix,” Vanity Fair, April 2017. http://bit.ly/2pjCxij
(2:09) “Exclusive - Amazon To Charge $2.8 Million For NFL Ad Packages,” Reuters, June 2017. http://reut.rs/2t3rNGd
(2:45) Synergy Research Group.

Episode 132

Your Favorite Brand? Whatever Google or Amazon Says

Winner: Food videos. BuzzFeed's Tasty is one of Facebook's most popular pages, and Chinese toddler Xiaoman scored major ad deals by eating on camera.

Loser: Brands as the percentage of consumers who can name a favorite brand declines.

Plus, Scott's advice on how to find a mate.

(0:13) “How Food Brand Tasty Is A Template For BuzzFeed’s Vertical Expansion,” Digiday, May 2017. http://bit.ly/2q1ovTn
(0:17) “Facebook Statistics - Media,” socialbakers, June 2017. http://bit.ly/2lPzFXX
(0:27)“Food Brands Seek Taste of Social Success,” L2 Inc., March 2017. http://bit.ly/2tpvNAZ
(0:35) “How a Toddler Who Loves Eating Transfixed China,” The Wall Street Journal, May 2017. http://on.wsj.com/2qaR6kf
(0:35) Miaopai, June 2017.
(0:44) YouGov & Time Inc., April 2015.
(1:01) L2 Inc. Digital IQ Index: Personal Care, October 2016. http://bit.ly/2pYxdgZ
(1:06) “50 Most Important Marketing Charts for 2017,” Percolate, 2016. http://bit.ly/2qYiEuL
(1:25) “Super Cities,” Knight Frank, 2016. http://bit.ly/1ODJv6d
(1:42) “The 20 Most Populated U.S. Cities Where Women Outnumber Men,” Equinox, October 2016. http://bit.ly/2u1ZBRT
(1:42) “U.S. and World Population Clock,” United States Census Bureau, June 2016. http://bit.ly/1mULN4x

Episode 131

Winner: Brands You’ve Never Heard Of

Winner: Niche brands, which are grabbing share from established CPG enterprises.

Winner: Zola, a startup that disrupted the wedding registry industry by getting digital right.

Loser: Remote workers. IBM will no longer let staff telecommute, following in the footsteps of Bank of America and Aetna.

Plus, how Scott really spends his workday.

(0:23) “CPG Growth Leaders,” IRI, March 2017. http://bit.ly/2tSYMtT
(0:40) “Online CPG Industry Report,” 1010Data, March 2017. http://bit.ly/2sZPlvE
(0:53) L2 Digital IQ Index: Personal Care, May 2017. http://bit.ly/2pYxdgZ
(1:20) L2 Insight Report: Retail: Wedding Registries, May 2017. http://bit.ly/2rH5SRe
(1:50) “IBM, a Pioneer of Remote Work, Calls Workers Back to the Office,” The Wall Street Journal, May 2017. http://on.wsj.com/2q1oERK

Episode 130

Scott Galloway: In Marketing, Creepy Means Relevant

Loser: Facebook, which keeps messing up ad metrics and is refunding advertisers. In contrast, Google can now tell when you watch an ad and then go to a store to buy the product.

Winner: Best Buy, an oasis in the retail sector's desert of bad news. The brand grew its US online sales 23% as in-store sales declined.

Winner: Airbnb, which gets more traffic than any hotel brand or metasearch site. Prediction: Airbnb will be worth more than Uber by the end of this year.

Winner: Ayahuasca, the hallucinogen gaining mainstream appeal. Scott tries it out.

(0:14) “FAQ: Everything Facebook Has Admitted About Its Measurement Errors,” Marketing Land, May 17, 2017. http://mklnd.com/2hinoZU
(0:14)“An Update on Metrics and Reporting,” Facebook Newsroom, November 2016. http://bit.ly/2rAX9PW
(0:14) “Facebook Strikes Back At Marketers Suing Over Inflated Video Metrics,” MediaPost, June 8, 2017. http://bit.ly/2rll7zt
(0:34) “Google Expands Ad Tracking In The Real World,” CNN, May 2017. http://cnnmon.ie/2rNJy90
(1:00) “Google Adds YouTube to Suite of Ad Tools Tracking Retail Sales,” Bloomberg, May 2017. https://bloom.bg/2rRjieh
(1:28) "Best Buy Defies Retail Doldrums, Posting Higher Sales," The Wall Street Journal, May 2017. http://on.wsj.com/2qq4CAD
(1:32) “Best Buy (BBY) Stock Surges on Q1 Earnings & Revenue Beat,” Zacks, May 2017. http://bit.ly/2t6Dh9n
(1:35) “Best Buy’s Surge In Online Sales Shows It Won't Be Toppled By Amazon,” CNBC, August 2016. http://cnb.cx/2bfUoeC
(1:35) “Best Buy Reports Better-Than-Expected Fourth Quarter Earnings,” Best Buy, March 2017. http://bit.ly/2lWbw09
(2:06) “Airbnb Traffic Surges, Surpassing Older Brands,” eMarketer, May 2017. http://bit.ly/2qvBH30
(2:16) “Airbnb Closes $1B Round At $31B Valuation, Profitable As Of 2H 2016, No Plans For IPO,” TechCrunch, March 2017. http://tcrn.ch/2mncTVz
(2:16) “How Uber’s Funding and Valuation Stack Up Against Competitors Like Didi and Lyft,” recode, May 2017. http://bit.ly/2rvh2gh

Episode 129

Scott Galloway: Why Technology Is Irresistible

Loser: All of us addicted to the numerous screens in our lives. Guest star Adam Alter, NYU marketing professor and author of Irresistible, discusses what makes our devices so hard to put down.

http://adamalterauthor.com/irresistible

(0:18) “Smartphone Addiction Tightens Its Global Grip,” Statista, May 2017. http://bit.ly/2qZSxFQ
(0:26) eMarketer, February 2016.
(0:31) “Dealing With Devices: The Parent-Teen Dynamic,” Common Sense Media, May 2016. http://bit.ly/1Y5Wcd5

Episode 128

Scott Galloway: This Technology Kills Brands

Winner: Voice technology, which is accelerating the decline of brand.

Loser (again): Brands as Amazon and Walmart compete to lower prices.

Loser: TV networks, which are getting desperate as views keep declining.

(0:26) “The Rise of Voice Platforms - Comparing Voice Related API’s,” Christian Rebernik, February 2017. http://bit.ly/2ruUmLI
(1:01) L2 Analysis of Keyword Tool IO Data.
(2:13) Amazon.com and Alexa.
(3:54) “‘Roseanne’ Revival in the Works,” The Hollywood Reporter, April 2017. http://bit.ly/2oGEtlm
(4:00) Nielsen. http://on.wsj.com/2rgaoZh
(4:09) “NBC Wins 2016-17 Season In Ratings Demo; CBS Takes Total Viewers,” Deadline Hollywood, May 2017. http://bit.ly/2rJDjq1

Episode 127

Scott Galloway: The Retailer Growing Faster Than Amazon

Winner: Ferrari, whose margins are on par with Apple and Hermes. But the real winner may be Apple, the only tech company to become a luxury brand.

Winner: Ulta, the beauty retailer growing faster than Amazon thanks to its omnichannel strategy.

Winner or loser? Microsoft, which still powers 90% of desktop computers, although installs have been slower than anticipated.

Plus, Scott strikes a pose.

Sources
(0:07) “Ferrari Surges to Apple-Like Margins With $2.1 Million Car,” Bloomberg, May 2017. https://bloom.bg/2qICJVc
(1:08) YCharts, May 2017.
(1:08) “Amazon vs Walmart Revenues and Profits 1995-2014,” R&P, July 2015. http://bit.ly/2qkipto
(1:08) “Amazon Annual Income Statement (NASDAQ:AMZN),” Amigosbulls.com, May 2017. http://bit.ly/2rV0ivo
(1:17) “Beauty: Ulta Unlocked,” L2, Inc., May 2017. http://bit.ly/2qk4GCX
(1:23) Bloomberg.
(1:26) “Ulta Is the Brick-and-Mortar Retail Beauty Queen,” Business of Fashion, March 2017. http://bit.ly/2mpyqMu
(1:44) Euromonitor International.
(1:49) “Profiles of Un-Amazon-Able Businesses + CowenVision Video,” Cowen, May 2017. http://bit.ly/1kGGWCk
(1:55) “How Ulta CEO Repositioned Company For Big Success,” Chicago Tribune, March 2017. http://trib.in/2rUD34l
(2:22) “Global Operating Systems Market Share For Desktop PCs, From January 2012 To July 2016,” Statista. http://bit.ly/2r1nRo4
(2:22) “Windows XP Is Still The Most Popular Operating System In The World,” Business Insider, May 2015. http://read.bi/2pCxABS
(2:30) “Windows 10 Now Runs On 500 Million Active Devices,” VentureBeat, May 2017. http://bit.ly/2qkliue
(2:49) “Chart: Here’s How 5 Tech Giants Make Their Billions,” Visual Capitalist, May 2017. http://bit.ly/2qgkaIE

Episode 126

Scott Galloway: Tesla’s Biggest Innovation

Winner or loser? Tesla, which is trading at almost six times revenue. The brand's biggest innovation is not its electric engine, but its proximity to the consumer.

Winner: Brands mining data about users' digital behavior to create physical products. Based on data gleaned from their apps, Airbnb just launched a print magazine and transit app Citymapper is launching its own bus service.

Winner: Apple, the first company in the US to cross an $800 billion market capitalization. Here's what Apple should do with all that cash.

Loser: Every apparel brand blaming Amazon for its woes. Fast fashion is just as responsible for retail's decline.

(0:08) Yahoo Finance.
(0:12) “Tesla Surpasses Ford As Stock Zooms to Record,” MarketWatch, April 2017. http://on.mktw.net/2oR4muk
(0:38) “Tesla Spends Just $6 Per Car In Advertising,” Teslarati, July 2016. http://bit.ly/2e75Fph
(0:38) AdAge Datacenter.
(0:50) “Airbnb Teams With Hearst on Magazine Guided by Travel Site’s Data,” The Wall Street Journal, May 2017. http://on.wsj.com/2pcbPVp
(1:08) “Introducing the Citymapper Smartbus,” Citymapper, 2017. http://bit.ly/2pwaZSE
(1:14) “London’s Pop-Up Bus,” YouTube, May 2017. http://bit.ly/2rj9Oej
(1:25) Y Charts, May 16, 2017.
(1:28) “Apple's Cash Hoard Swells To Record $246.09 Billion,” CNBC, January 2017. http://cnb.cx/2oOnThR
(1:29) “Denmark GDP and Economic Data,” Global Finance, May 2017. http://bit.ly/2rwjNdq
(1:49) “Do You Hear That? It Might Be the Growing Sounds of Pocketbooks Snapping Shut and the Chickens Coming Home,” AEIdeas, August 2016. http://bit.ly/2bFOVib
(1:49) Irrational Exuberance, Robert Shiller. http://amzn.to/2o98DZE
(2:12) “Amazon Struts Its Fashion Ambitions — Department Stores Notice,” The Seattle Times, May 2016. http://bit.ly/1sqFawD
(2:25) CNBC, August 2016.

Episode 125

Scott Galloway: The Next Facebook

Loser: Facebook, which is rapidly being eclipsed by Instagram.

Winner or loser? About.com, the failed content farm trying to reinvent itself as a collection of niche sites called Dotdash.

Loser: Millennials missing the boat on investing. As many as 80% are not investing in the stock market.

Sources
(0:23) “Instagram’s Rapid Attack On Snapchat, In One Chart,” Business Insider, April 2017. http://read.bi/2q7d1Ml
(0:23) “Snap Inc. Reports First Quarter 2017 Results,” Snap Inc. May 2017. http://bit.ly/2q6mBzL
(0:27) “Instagram Now Has 700 Million Monthly Users,” Adweek, April 2017. http://bit.ly/2qeUEmd
(0:41) Yahoo Finance, May 5, 2017.
(0:47) “About.com Changes Its Name to Dotdash,” The Wall Street Journal, May 2017. http://on.wsj.com/2q7ktqW
(1:19) “Confirmed: IAC Has Bought About.com From The New York Times For $300M In Cash,” TechCrunch, August 2012. http://tcrn.ch/2q6cTx2
(1:24) “Stock Market Investing is for Old, White Men, According to More Than Half of Millennial Women,” Stash, March 2016. http://bit.ly/1RAoyrv
(1:32) “Investment Insights: Asset Class Return,” BlackRock, 2017. http://bit.ly/2r6yq6T
(1:39) “Robinhood Stock-Trading App Confirms $110M Raise At $1.3B Valuation,” TechCrunch, April 2017. http://tcrn.ch/2q7U2Cp
(1:48) “Millennial Investors Are Getting Smoked On A Tech Stock That’s Crashing,” Business Insider, May 2017. http://read.bi/2pF7TiG
(1:52) Yahoo Finance, May 2017.

Episode 124