Scott Galloway: The Tipping Point is 20%

*We have reposted this week's episode as the previous version included data that we cited correctly, but learned was not accurate and has been retracted by the source. Once a sector hits 20% e-commerce penetration, the winners and losers start to emerge. We've seen it with books and toys, and apparel may be next. Loser: Firms relying on Amazon Web Services. The recent outage disrupted service for hundreds of thousands of sites. Loser: Online travel agents, whose crowded layout paves the way for Google's Hotel Finder to change the game. Loser: Connected toys. Amid growing evidence that "smart" playthings can be hacked, Scott demos his kids' newest toy. (0:16) Foner Books Analysis of SEC Filings. (0:24) “Total Retail 2016: They Say They Want a Revolution,” United States Fashion Industry Association, August 2016. http://bit.ly/2mLUggH (1:10) “AWS Still Owns the Cloud,” TechCrunch, February 2017. http://tcrn.ch/2kmsrYP (1:16) Q4 2016 Amazon Filings. http://bit.ly/2njB2Me (1:28) “Amazon Just Broke the Internet,” Gizmodo, March 2017. http://bit.ly/2n4saOj (1:36) “The Massive AWS Outage Hurt 54 of the Top 100 Internet Retailers — But Not Amazon,” Business Insider, March 2017. http://read.bi/2mG10di (1:42) “Amazon Just Broke the Internet,” Gizmodo, March 2017. http://bit.ly/2n4saOj (1:50) L2 inc. (1:57) L2 inc. (2:11) L2 inc. (2:21) “Germany Bans ‘My Friend Cayla’ Doll Over Spying Concerns,” NPR, February 2017. http://n.pr/2l2RlvZ (2:39) “If You Have One Of These Toys In Your House, You May Want To Stop Using It,” The Huffington Post, February 2017. http://huff.to/2lS7aXR Episode 115