Twitter: GeoffShac
  • The 1997 Masters: My Story
    The 1997 Masters: My Story
    by Tiger Woods
  • The First Major: The Inside Story of the 2016 Ryder Cup
    The First Major: The Inside Story of the 2016 Ryder Cup
    by John Feinstein
  • Tommy's Honor: The Story of Old Tom Morris and Young Tom Morris, Golf's Founding Father and Son
    Tommy's Honor: The Story of Old Tom Morris and Young Tom Morris, Golf's Founding Father and Son
    by Kevin Cook
  • Playing Through: Modern Golf's Most Iconic Players and Moments
    Playing Through: Modern Golf's Most Iconic Players and Moments
    by Jim Moriarty
  • His Ownself: A Semi-Memoir (Anchor Sports)
    His Ownself: A Semi-Memoir (Anchor Sports)
    by Dan Jenkins
  • The Captain Myth: The Ryder Cup and Sport's Great Leadership Delusion
    The Captain Myth: The Ryder Cup and Sport's Great Leadership Delusion
    by Richard Gillis
  • The Ryder Cup: Golf's Grandest Event – A Complete History
    The Ryder Cup: Golf's Grandest Event – A Complete History
    by Martin Davis
  • Harvey Penick: The Life and Wisdom of the Man Who Wrote the Book on Golf
    Harvey Penick: The Life and Wisdom of the Man Who Wrote the Book on Golf
    by Kevin Robbins
  • Grounds for Golf: The History and Fundamentals of Golf Course Design
    Grounds for Golf: The History and Fundamentals of Golf Course Design
    by Geoff Shackelford
  • The Art of Golf Design
    The Art of Golf Design
    by Michael Miller, Geoff Shackelford
  • The Future of Golf: How Golf Lost Its Way and How to Get It Back
    The Future of Golf: How Golf Lost Its Way and How to Get It Back
    by Geoff Shackelford
  • Lines of Charm: Brilliant and Irreverent Quotes, Notes, and Anecdotes from Golf's Golden Age Architects
    Lines of Charm: Brilliant and Irreverent Quotes, Notes, and Anecdotes from Golf's Golden Age Architects
    Sports Media Group
  • Alister MacKenzie's Cypress Point Club
    Alister MacKenzie's Cypress Point Club
    by Geoff Shackelford
  • The Golden Age of Golf Design
    The Golden Age of Golf Design
    by Geoff Shackelford
  • Masters of the Links: Essays on the Art of Golf and Course Design
    Masters of the Links: Essays on the Art of Golf and Course Design
    Sleeping Bear Press
  • The Good Doctor Returns: A Novel
    The Good Doctor Returns: A Novel
    by Geoff Shackelford
  • The Captain: George C. Thomas Jr. and His Golf Architecture
    The Captain: George C. Thomas Jr. and His Golf Architecture
    by Geoff Shackelford

The fate of golf would seem to lie in the hands of the Royal and Ancient Golf Club and the United States Golf Association. Can we expect that they will protect and reverence the spirit of golf?
MAX BEHR


  

Entries in Golf Business (424)

Tuesday
Dec202016

Costco Golf Ball Insanity: Website Jammed, Sells Out In Two Hours And Going For Silly Prices On Ebay

Bidding more for a dozen of Costco balls than the top-priced ball on the market?

America the beautiful!

The ebay prices are giggle-worthy. However it's mostly the notion that Costco, which sells a lot of vice-worthy items in bloated sizes, had its website bog down Tuesday as golf junkies jammed the servers trying to order the new low cost ball that has tested well.

Reader Guy reports that the 11 am-to-1 pm ET sales window today did offer the opportunity to buy the ball, but as many noted below, the website was lagging badly. Imagine that, bogging down a site that sells almost anything, only larger.

Who says golf is dead? 

 

 

@costco "Due to inventory changes, item 1081660 in your cart is no longer available" been trying all morning. Kirkland Signature Golf Ball

Monday
Dec192016

Behind The Scenes: Little Billy's Viral Interview Of Rory McIlroy

If you didn't catch "Little Billy" grilling Rory McIlroy as part of the child actor's European Tour series, it's still a keeper.

Because it went viral and because of interest in Little Billy (currently playing a young Prince Charles in The Crown), the European Tour has produced a behind-the-scenes video:

Monday
Dec192016

WIRED On PXG: Parsons Predicts $60 Million Annual Run Rate

Wired's Mark McClusky reviews Bob Parson's PXG clubs and comes away impressed by the irons, not so much by other clubs in the bag.

The story features an extensive look at how the clubs came together, what motivates Parson and how things have been going for the luxury upstart.

The company has grown to 70 people, and Parsons says the response has been beyond what he had hoped. He predicts that the company will finish the year at a $60 million annual run rate. The challenge will be to continue to innovate, and fight a market that’s usually driven by an annual set of new gear to entice golfers to spend more.

“We don’t have a product cycle,” says Parsons. “Our product cycle is that we have to make sure that we have breakthroughs in performance. When we do, we’ll release something new. Who knows when that will be with our irons?” Until then, he’ll sell the same model.

It's noteworthy that Parson cites the annual run rate while also putting down the concept of product cycles. I'm sure you money gurus out there can help us novices better understand his comments.

The story also features this put-down of the annual PGA Show.

“I don’t really compete with the other club companies,” he says. “They have a big trade show in Orlando each year, and we don’t go to that. We don’t go for the same reason that Ferrari doesn’t go to the Detroit Auto Show. They build the absolute best thing they can, and then put a price on it. We’re both in the luxury market.”

Monday
Dec192016

Wally's Bullish On Acushnet Stock: Buys $1.19 Million More

John Dorfman at Gurufocus.com notes Wally Uihlein's purchase of $1.19 million more of GOLF on November 2, adding to the CEO's initial holdings of Acushnet stock. This brought Uihlein's holdings to 702,196 shares with a $13.7 million valuation at Monday's closing price of $19.57 a share.

There was also this:

On the same day as Uihlein made his jumbo purchase, five other Acushnet insiders bought smaller amounts.

Such cluster buying is a good sign more often than not.

The stock has so far peaked at $21.57, with Monday's 2.3% rise helping to soften the blow of last Friday's 5.39% drop.

On IPO launch day, the site featured this Q&A with Acushnet COO David Maher. Gurufocus featured this breakdown of the initial stock purchases on November 2nd.

Thursday
Dec152016

Nine Days Of Christmas: State Apparel Fairway Pants

I know what you're not thinking, last Christmas he said the ABC Pant is the greatest thing ever created. And now? I still think they are in spite of the steep price. Pure comfort, brilliance and ingenuity.

But durability for golf?

That's where the ABC Pant may be imperfect. Not that I've found Lululemon's pants to fall apart, but I do wonder if they can handle the rigors of repeated use for a golfer.

It's that concern about durability that has warmed me to the merits of State Apparel's Fairway Pant as the better golf option. The combination of design cleverness, Made-in-California values and an overall stronger fabric makes them an ideal gift to yourself or a golfer.

When I first tried them on, State's heavier and tougher fabric seemed too weighty compared to the Lululemon's. But after trying them out on a course and twice at the range, I realize the toughness stitched into the slacks makes them a better long-term investment for golfers, especially younger players who are more active.

Initially the black, almost-velvet black lining of the pockets and cuffs struck me as an odd design touch. But remembering how quickly pockets turned dirty and frayed, the design touch adds a whiff of brilliance that makes you feel good putting on the slacks for golf.

You can read the State Apparel story here and here for the explanation about one last pre-shot wiping option. The $135 Fairway pant in white is found on their pants page.

Even better, as a courtesy, State Apparel is offering site readers a 30% discount using the code: HOLIDAYGOLF

Thursday
Dec152016

Who Makes Costco's Sold Out Golf Ball?

With well received production values, a silly-low price that has them sold out and the ability to upset the golf-ball-sales-cart, Costco's Kirkland golf ball has to be made by someone with some golf knowledge?

Golf.com's Michael Chwasky did some homework and discovered...

They buy it -- in this case from a ball manufacturer in South Korea called Nassau Golf Co LTD. Though we haven't been able to reach anyone at Nassau, the Costco site (which states clearly that product details come directly from the manufacturer) describes the four-piece construction as consisting of a large, soft core, speed boosting outer core, super fast mantle, and soft urethane cover. The design as described aligns perfectly with what could be considered a generic Tour ball construction that, if properly manufactured, should perform well.

Thursday
Dec152016

Tiger Finds His Ball, Other Nike Guys In Hoarding Mode

In reading Doug Ferguson's story reporting Tiger's golf ball endorsement deal with Bridgestone, it's fun to read just how neurotic players remain about the ball they put into play.

I'm enjoying the thought of Brooks Koepka parking his cars outside the garage because of his Nike golf ball hoarding now that they are out of the business...

By choosing a new golf ball, Woods went a different direction from two of Nike's highest-ranked players. Rory McIlroy and Brooks Koepka said they have asked Nike to set aside as many golf balls as possible.

"I have about two to three years' worth," Koepka said in the Bahamas.

David Dusek's Golfweek.com story on the signing of Woods says Bridgestone ran the numbers, Japanese-style.

Corey Consuegra, Bridgestone’s senior director of marketing, said Monday evening that his company has an internal philosophy based on a Japanese phrase, Genbutsu-Genba.

“What that means is that we make fact-based decisions, decisions that are based on data,” he said. “So when we looked into the opportunity to be a partner with Tiger Woods, we studied closely and learned (in focus groups) that our brand perception increases by 50 percent when he is connected to our brand, and the purchase intent of our consumers goes up based on the nature of his credibility.”

Tuesday
Dec132016

Costco's Kirkland Golf Ball "Out Of Stock" Until December 20th 

Thanks to reader Steve for Erik Matuszewski's Forbes follow-up on sales of Costco's knock-off ball zooming from shelves large crates for $29.99 per TWO dozen. A date of December 20th is listed as the earliest re-stocking of a ball that has tested well.

Even more remarkably, folks are trying to resell them at a premium price.

The balls, not surprisingly, have popped up on auction sites like eBay, with listings of $48.99 for a dozen, $90 for two dozen or $189.99 for 48 balls. Those aren't wholesale club prices there, folks. Costco has declined to say how many of the Kirkland balls have been sold since the launch or generally give any detailed information about the balls at all. It's actually not a bad approach; the company is letting (positive) word of mouth speak for the ball, the same as it has for, say, its high-quality wines.

It will be interesting to see how long this phenomenon continues until (or if) the lack of elite-player usage undermines some of the excitement.

Tuesday
Dec132016

Wilson Submitted (Non-Conforming) Driver To USGA Four Days Before It Hit Shelves

From reality show winner to rocky retail road, the Wilson Triton driver did not pass USGA conformity testing in all but one model.

More fascinating for those of us getting to see the difficulties of bringing a product to the marketplace quickly, Martin Kaufmann's latest Golfweek follow-up on the saga notes the USGA seeing trouble the moment samples arrived in Far Hills, and includes this:

Spitzer said the USGA did not receive Triton test samples until Nov. 21, just four days before the product went on sale. He said the turnaround time for testing products is “about 14 days.”

Spitzer described the modified Tritons it received this week as “a separate submission.”

“We have to go through the full test, and we have not completed the full test,” he said. He added that under an expedited review, the modified Tritons could be placed on the Dec. 19 list if they’re determined to be conforming.

Monday
Dec122016

SBJ's Predictions For 2017: Look For FedExCup Changes, No New PGA Tour Broadcast Deal

There are a couple of intriguing insider notes from SBJ's well-connected John Ourand related to PGA Tour business in this 2017 predictions column.

9. No new broadcast deal for PGA Tour

It’s no secret that the PGA Tour will have conversations with CBS and NBC about opening up their broadcast deals. But the tour knows that there’s no big deal to be had here. The big media money comes in 2021 when the PGA Tour’s cable rights with Golf Channel are up. Until then, look for the PGA Tour to cut interesting streaming deals with companies like Facebook and Twitter as it studies the landscape before its cable negotiations kick in.

The column also includes a note on Amazon's desire to get into sports this year, though Ourand cited the emerging streaming network as targeting other sports such as tennis.

10. FedEx Cup changes coming

There’s been a lot of talk inside the tour about shortening the FedEx Cup so that it would not run up against college and pro football games in September. The tour will decide this year that it will conclude the FedEx Cup on Labor Day weekend starting in 2019. The knock-on effect from the compressed August schedule will see the PGA Championship moved from August to May and the Players Championship moved from May to March. That will start the golf season with a lot of momentum with one big event a month (from the Players to the Masters to the PGA Championship).

I'm still struggling to see how this works for the PGA of America in two big ways: agronomically and financially. A May date all but rules out several markets they visit or want to revisit (Rochester, Minneapolis, middle-of-nowhere Wisconsin), while the August date is actually a decent one given the fairly uncrowded landscape.

From a historical perspective, giving up the August date for the low-rated, lowly-anticipated FedExCup also seems short-sighted.

On the plus side, returning The Players to March beefs up a Florida swing already feeling a little depleted by the elimination of the Doral stop, while a May PGA Championship would open up a few markets of interest.

Monday
Dec122016

Reality Show: Wilson's Driver Ruled Non-Conforming

Martin Kaufmann, who recently detailed the issues involving getting the Wilson Triton on the USGA's conforming club list, now reports non-conformity status for all but one the tour player model of the winning-reality show products.

From his Golfweek.com report:

The company said in a media release mid-day Monday that the company is working with the USGA to address the design elements that led to the club being rejected from the conforming list. Wilson said the USGA will review fixes to those elements this week. Wilson also said in the statement that it hopes a modified product could be ruled conforming as early as Dec. 19.

The USGA would not specify the reason the club was ruled nonconforming. In its release, Wilson said there were two problems: an aesthetic issue involving the size of the sole plate, and the springiness of the face when the adjustable weights are used in a specific configuration.

Kaufmann notes that most retailers had already pulled the club until conforming status had been bequeathed on the club, and that Wilson hopes to have USGA-approved adjustments made as early as December 19th.

Thursday
Dec082016

Tiger Moves Bridgestone's Needle, Will It Continue? 

David Dusek looks at the attention Tiger Woods brought to the clubs he played in the Bahamas last week and in a strange twist, he might have brought more quality attention to those brands because he's not being paid by them. Will it continue when/if he signs with a company? After all, Nike probably couldn't sell a putter if they tried after Woods made clear he couldn't wait to put his old Scotty Cameron back in the bag.

From Dusek's Golfweek.com story, quoting Bridgestone's Corey Consuega:

Consuegra said that having staff Tour players such as Brandt Snedeker and Matt Kuchar is extremely valuable, but Woods’s use of a Bridgestone ball created an immediate impact. In fact, Consuegra said Bridgestone’s website received about the same amount of traffic last Monday through Friday that it did in the entire third quarter of this year (July-September), and most of those visitors were going to the Tour B330S page.

“It changes the way we can tell the consumers and the public how good we are in the golf ball category,” Consuegra said. “We get outspent by our biggest competitors, but (Woods is) one of the best players to ever play the game, period, and he could have selected any golf ball on the market today he wanted, and he chose to go with the B330S.”

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