{"id":5938,"date":"2009-05-12T08:00:00","date_gmt":"2009-05-12T12:00:00","guid":{"rendered":"http:\/\/thesandtrap.com\/?p=5938"},"modified":"2009-05-12T10:02:45","modified_gmt":"2009-05-12T14:02:45","slug":"bag_drops_business_page","status":"publish","type":"post","link":"https:\/\/thesandtrap.com\/b\/bag_drop\/bag_drops_business_page","title":{"rendered":"Bag Drop’s Business Page"},"content":{"rendered":"

\"BagAfter a brief sabbatical to welcome another future golfing buddy into the world, I’m back to deliver the goods. Or what passes for “the goods” in my sleep-deprived, dirty-diaper-disposing state. Nonetheless, I’ve got a few tidbits from the business side of golf from the past month or so to get your through your morning latté.<\/p>\n

So kick back and read some random business dealings from the golf world.
\n
\nThe Economy Claims More Victims<\/strong>
\nJust like other golf equipment manufactures, even having the #1 ball in golf can’t keep Titleist from having to lay off 169 workers<\/a> at the ball plants and custom shop. This is on top of some earlier layoffs and restructuring that occurred in February.<\/p>\n

No layoffs but the first quarter wasn’t too kind to Callaway Golf who reported a 26% decline in sales<\/a> compared to the first quarter in 2008. Reading the quote by George Fellows, President and Chief Executive Officer in the Business Outlook section doesn’t paint a rosy picture for the future either. At least they had enough cash on hand to re-sign Phil<\/a>.<\/p>\n

Minimum Pricing<\/strong>
\nInteresting article about minimum pricing<\/a> which could affect those equipment companies who require golf shops to sell their product at a certain minimum price point and don’t allow discounting. Getting rid of minimum pricing will certainly help lower costs for the consumer at the expense of profit margins.<\/p>\n

The Prodigy<\/strong>
\nThe Next Big Thing apparently is set to sign up<\/a> with the folks at IMG and to play Callaway equipment. Several other endorsement deals are also in the works. I think this brings the number of pro golfers who are represented by IMG to be about 99.9%, or at least it seems that way. Here’s hoping the kid can just focus on playing golf and not have to worry about the expectations or sponsor obligations.<\/p>\n

Off the Rack<\/strong>
\nJerry Kelly won the Zurich Classic a couple of weeks ago with a putter he bought off the rack<\/a> at a Madison, WI golf shop. You would think that he would have a garage full of putters but apparently not. Further proof you don’t have to dump a done of coin on a putter, although it’s still fun to do so. Kudos also to the equipment manufacturers who while still putting out higher-end milled putters also have putter lines in the under $100 category.<\/p>\n

Putter Man<\/strong>
\nSpeaking of those high-end putters, there is not doubt that Scotty Cameron<\/a> knows a thing or two about crafting some really nice putters. Love him or not, there is no denying he is the Big Man on Campus<\/a> when it comes to making putters. Are there others who could knock Scotty off the top of the mountain? I wouldn’t bet against him but there are a few who can certainly give him a run for his money. And if you like putters (who doesn’t!), having variety and choices is a great, great thing.<\/p>\n

Final Thoughts<\/strong>
\nI’ve made it through another winter and I’m optimistic thus far in my practice sessions to hopefully see some lower scores and more enjoyable golf this year. Toss in a few new clubs to test and review and it’s shaping up to be a good golfing year.<\/p>\n

Speaking of equipment, now seems to a great time to buy with price reductions galore, buy a driver and get free shoes, buy a driver and get a fairway wood free (or for $1) and several other offers I’ve found either at my local golf shops and at some of the major online retailers. If you’ve got some cash, now is a great time to pick up some gear.<\/p>\n","protected":false},"excerpt":{"rendered":"

Here’s a business section you might actually want to read.<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[23],"tags":[],"class_list":["post-5938","post","type-post","status-publish","format-standard","hentry","category-bag_drop"],"yoast_head":"\nBag Drop's Business Page (Bag Drop) - The Sand Trap .com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thesandtrap.com\/b\/bag_drop\/bag_drops_business_page\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Bag Drop's Business Page (Bag Drop) - 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