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Thursday, April 30, 2026

THE COMMODITY PLAY: HOW JADEN SMITH REPOSITIONED BOTTLED WATER

 

"2019 - Opening Night SM1 0494" by Jaden Smith is licensed under CC BY 2.0.


Some products don’t need to change. They need to be reinterpreted. In highly commoditized markets, where differentiation is limited and competition is constant, the advantage doesn’t come from improving the product. It comes from changing how the product is perceived. That’s where positioning becomes the strategy.


THE MOVE

Jaden Smith’s JUST Water didn’t try to reinvent water.

It repositioned it.

Instead of competing on taste, price, or distribution, the brand focused on sustainability. Paper-based packaging, reduced plastic use, and environmental messaging became the core of the product.

The product stayed the same.

The narrative changed.


WHY IT MATTERS

Water is one of the most commoditized products in the world.

Which means:

  • little differentiation
  • high competition
  • low margins

JUST Water’s approach introduces a different path.

Instead of competing within the category, it redefines what the category stands for.

The value shifts from:
product → positioning

From:
function → identity

This allows the brand to:

  • justify premium pricing
  • attract a specific customer segment
  • build loyalty beyond the product itself


WHAT YOU CAN LEARN

Most people try to improve the product.

Another option is to reframe the category.

At a smaller scale, this looks like:

  • identifying what your product is currently competing on
  • asking what your audience actually values beyond function
  • repositioning around that value

or
change what the category means

There are two approaches:

Compete within the category


THE BIGGER PICTURE

This is part of a broader shift toward identity-driven consumption.

In commoditized markets, differentiation is no longer created through the product alone.

It’s created through:

  • values
  • narrative
  • positioning

The less unique the product is, the more important these become.

Thursday, April 23, 2026

Serena Williams: The US Open Masterclass in Subtle Brand Equity

"Serena Williams 2017" by sperry / The FADER is licensed under CC BY 3.0.

 

At the 2024 US Open, the most significant play wasn't happening on the court, but in the stands. Serena Williams, a titan of tennis, demonstrated how to leverage personal legacy to fuel a new business venture without saying a single word.


THE MOVE

Instead of a traditional ad campaign, Williams utilized "Subtle Promotion" for her makeup brand, Wyn Beauty. By wearing the products while seated in a high-visibility area and having her brand's aesthetic integrated into her presence, she turned a global sporting event into a live, organic product demonstration.


WHY IT MATTERS 

This represents a shift in how celebrity brands are built. Traditional marketing feels like an interruption; this felt like an extension of her identity. By launching a brand that focuses on "active beauty" (products that stay on during movement), using the US Open as her "proving ground" creates immediate functional authority that a billboard could never achieve.


WHAT YOU CAN LEARN

  • The "Natural Habitat" Rule: If you are launching a product, promote it where your authority is highest. Serena’s authority is highest at a tennis stadium, making the product's benefits feel more believable.

  • Subtlety as Luxury: For high-end brands, being "quiet" can be louder than being flashy. By not making an overt sales pitch, she maintained her status while still driving massive search interest.

  • Platform Leverage: Identify the "one time a year" when the most eyes are on your niche and ensure your brand is the silent protagonist of that moment.


THE BIGGER PICTURE

This move is part of the Founder-Led Pivot. We are seeing a long-term market trend where celebrities are no longer content being the "face" of someone else’s company (like her previous Nike or Gatorade deals). They are moving their brand equity into their own entities to capture the full value of the "Longitudinal" lifecycle of their fame.

Drake, 100 Thieves, and the Illusion of Instant Mainstream

"Drake" by Brennan Schnell is licensed under CC BY-SA 2.0 / Cropped from original.

 

In 2018, the world of competitive gaming ceased being a niche subculture and became a playground for A-list capital. When Michael Jordan and Drake entered the arena, the narrative wasn't just about video games; it was about the projected future of global entertainment.


THE MOVE 

Between 2017 and 2018, iconic figures from sports and music poured millions into Esports organizations. Michael Jordan joined a $26 million funding round for aXiomatic (parent company of Team Liquid), while Drake became a co-owner of 100 Thieves. These moves represented a shift from celebrities as "endorsers" to celebrities as "equity holders" in infrastructure.


WHY IT MATTERS

These investments were bets on "Media Rights." Investors believed Esports would follow the trajectory of the NBA or NFL—where the true wealth isn't in ticket sales, but in the massive broadcast contracts paid by networks. By attaching their personal brand equity to these teams, celebrities were attempting to accelerate the mainstream legitimacy of the sector to trigger those billion-dollar media deals.


WHAT YOU CAN LEARN

  • The Lagging Indicator Rule: When celebrities flood a sector simultaneously, it often signals that the "arbitrage" phase is over. High-profile entry usually coincides with peak valuations.

  • Utility vs. Hype: A business must have a revenue model that functions independently of fame. While Drake brought "cool factor" to 100 Thieves, he couldn't personally solve the industry-wide struggle to monetize a viewership that is used to getting content for free on Twitch.

  • Equity over Endorsement: Despite the risks, the move to own the underlying asset (the team) rather than just taking a fee for a commercial is the correct "wealth-building" logic, even if the specific sector faces a downturn.


THE BIGGER PICTURE 

Looking back from 2026, the 2018 Esports boom serves as a classic case study of a Correction Cycle. Many of these organizations saw their valuations slashed by 50% or more as the "Media Rights" windfall failed to materialize at the expected scale. It highlights a critical market truth: capital can buy a seat at the table, and celebrity can buy an audience, but neither can force a market to mature faster than its infrastructure allows.