Callaway Golf Company Executive Summary Established in 1982‚ Callaway Golf Company is a leader in the golf equipment industry‚ creating some of the most technologically advanced golf clubs in the business. In less than a decade‚ Callaway’s sales went from $5 million in 1988 to well over $800 million in 1997. The main man behind the success of Callaway Golf Company is Ely Callaway‚ founder‚ chairman and chief executive officer. Over the course of the company history‚ other leaders in the
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(760) 931-1771 Tim.Sweeney@callawaygolf.com CALLAWAY GOLF ANNOUNCES 2011 AWARDS FOR TOP GOLF PROFESSIONAL AND CLUB FITTERS USING THE CALLAWAY GOLF CUSTOM FITTING TOOLS CARLSBAD‚ Calif.‚ February 1‚ 2012 – Callaway Golf Company (NYSE: ELY) today announced the winner of the Company’s Golf Professional of the Year Award‚ as well as the winners of the Company’s ninth annual Club Fitters of the Year Awards. Each year‚ Callaway awards this honor to a Callaway Staff Professional for his or her ultimate
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When it comes to the factors contributed to Callaway Golf Company’s success‚ the tremendous effort it made on updating technology was one thing. With Senior Executive Vice President like Richard Helmstetter‚ who is the Chief of New Products as well‚ Research and Development has always been the lifeblood of Callaway Golf Company (CGC). Helmstetter believes that “If you can make something sufficiently good‚ what it costs doesn’t matter.” CGC was consistently be on the leading position of technology
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Callaway Golf Company (CGC) excelled in designing‚ development‚ manufacture and marketing of Golf clubs and accessories. Established in 1982‚ the publicly traded company recorded a steady growth in sales from $5million in 1988 to $800 million in 1997. This was possible due to clarity in vision of its CEO Ely Callaway‚ which was aimed at making a satisfying product which was uncommon and enjoyable for the average player rather than professionals. The revolutionary clubs were sold to professional as
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Callaway Case Paper Position Statement Callaway Golf Company should change their focus and perception of marketing because their premium priced golf clubs do not match today’s hard economic struggles that average golfers are in as well as the changing golf culture that is threatening their sales. Callaway needs to focus on securing the customers that are loyal and who are true friends to their company. They can offer deals such as having discounts to customers that are repeatedly buying their products
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Callaway Golf as a Premier Golf Equipment and Manufacturing Industry Known for being a premier producer of golf equipment and accessories in the US‚ Callaway golf‚ a global sporting merchandise company‚ which was established in 1982; truly has made its niche and lion’s share being one of the trusted significant suppliers of golf gears‚ golf accessories‚ and golf lifestyle-related products in more than 70 countries worldwide. Being a recipient of a Torch Award for Marketplace Ethics by the San
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The Callaway Golf Canada: The Mobile Performance The Callaway Golf Canada is a company use to being at the top‚ they are always ahead of their competitors. Their main problem right now is their great idea about the Mobile Performance is going to eventually be offered by every other golf company so they must come up with something new and fresh to keep their customers. One solution would be to hire more MCPs‚ with their current way of running things‚ people find that the current MCPs don’t have
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Callaway Golf Company LaToya Owens‚ Chris McMullin‚ Robb Spears and Crystal Shumpert Indiana Wesleyan University Key Success Factors Callaway Golf Company’s (CGC) had seven key success factors to include: the founder’s vision; product design; pricing; product development; sales; marketing and the media. The founder‚ Ely Callaway’s vision is: “If we make a truly more satisfying product for the average golfer‚ not the professionals‚ and make it pleasingly different form the competition
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The key issues concerning Callaway Golf Company are: * Relationship with its retail partners * New product development * Marketing strategy Problem: Callaway has experienced its first loss of $ 27 million after 10 years of growth. Competitors had finally caught up to Callaway’s superior R & D capabilities and are flooding the market with new products and promotions‚ raising the bar for consumers on when to replace their equipment. Callaway’s strategic success in 1988 to 1997 is highly
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goals and business objectives to ensure that your company will accomplish what it needs to accomplish to remain as successful as it can be. Ely Callaway‚ the founder of Callaway Golf‚ wanted to make sure that his business was more then just any other golf company but rather one that stood out among the rest. He wanted it to be “a world class organization that designs‚ develops‚ makes and delivers demonstrably superior and pleasingly different golf products that incorporate breakthrough technologies
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