Issue V is in circulation · On the return of positioning · Print run of 2,400 · Distributed on request
Issue V · Summer 2026 · Volume 05

The return
of position.

An independent quarterly on brand marketing and strategic positioning — for practitioners who suspect that the fundamentals have been forgotten, and would like to see what happens when they are remembered.

Cover essay · 24 minutes · By Auguste Rossignol
Cover
The Cover · Positioning

The slow restoration of the strategic marketing function.

For fifteen years, the strategic layer of marketing — positioning, brand architecture, category creation — has been progressively outsourced, distributed, or, in many organisations, entirely dissolved. In 2025 and 2026 the tide has quietly turned. The specific reasons the restoration is happening now, and what a competent modern brand function looks like when it is done well.

By Auguste Rossignol · 24 min · Positioning
Read the essay
Case Studies

Three brands, three restorations.

Case study
Case Study · SaaS

How a £40m SaaS recovered its position in ninety days.

A UK B2B software company found itself, over eight years, drifting into a category it did not want to compete in. The recovery: a positioning statement, three difficult removals, and a marketing team that shipped less.

Céleste Kwan · 16 minRead
Case study
Case Study · Retail

A retail brand that walked away from its most profitable customer.

The uncomfortable strategic decision to decline a customer segment that was, on the margin analysis, positive but was, on the brand analysis, corrosive. Three years on, the CFO agrees with the call.

Ivo Marchetti · 15 minRead
Case study
Case Study · Hospitality

The hotel group that rejected the category's default positioning.

A UK boutique hotel operator, having spent five years pursuing the "affordable luxury" positioning the category tells everyone to pursue, made the specific decision to abandon it. What replaced it, and what happened to revenue.

Odette Beauchamp · 14 minRead
Volumes
05
Quarterly since spring 2025
Long essays
37
Median 16-minute read
Practitioners interviewed
78
CMOs, strategy leads, brand consultants
Subscribers
3.4k
Marketing leadership, in twenty-eight countries
Essays

Two essays from the issue.

Essay
Essay · Category

Category creation is the most abused phrase in marketing strategy.

Every third strategy deck claims category creation as its central move. In practice, the phrase is used to describe a wide variety of activities, most of which are not category creation. We propose a narrower definition.

Auguste Rossignol · 12 minRead
Essay
Essay · Voice

The specific reason your brand voice sounds like every other brand voice.

Nine years of reading brand-voice documents has taught us that most of them are, in aggregate, describing the same voice. The specific reasons this is happening, and the specific reason it is a strategic problem rather than a stylistic one.

Céleste Kwan · 11 minRead
Conversations

Two practitioners, at length.

Interview
Conversation · 72 min

"The CMO's job is editorial, not operational."

The chief marketing officer of a mid-market UK retail brand explains her working philosophy — that the modern CMO's primary responsibility is to edit the marketing function, not to run it. The reasoning, and the specific team structure that follows.

Odette Beauchamp · 18 minRead
Interview
Conversation · 58 min

The brand strategist who declines to run positioning workshops.

A senior brand consultant, with twenty-two years in the discipline, refuses to run positioning workshops as they are commonly conducted. Her reasoning is worth an hour of your quarter.

Ivo Marchetti · 15 minRead
The Letter · Monthly

A single Sunday, every month.

One brand-strategy argument. One recent commercial move worth attending to. One question we have been sitting with. Free. Posted from a small studio in Kensington.