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 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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Callaway Case: Golf Equipment Industry 1. What are the industry’s dominant economic characteristics? According to a recent market study "Opportunities in the Global Golf Club Market 2004-2009" published by E-Composites‚ Inc ‚within the last 5 years‚ the golf industry has seen a significant growth of 5-15% annually at various regions of the world. The market size for the worldwide golf club manufacturing industry is estimated at US $3.9 billion. An increasing number of golfers in the world
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Callaway Golf Pear (Chanappiya) Choomjai‚ Darrell Thompson‚ Kent (Zhengyuan) Chan History of Callaway Golf • • • • • • • • • 1981 Ely Callaway sells a wine vineyard for $14 million dollars 1983 Ely renames the company Callaway Hickory Stick USA 1985 Company moves to Carlsbad‚ CA. 1986 Callaway becomes the first company to use computer controlled machines to insure flatness of the clubs‚ along with new and innovative designs. 1988 Company renames its self Callaway Golf 1989 Introduces traditional
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advanced technology through its own research and design. CGC has developed golf clubs and merchandise for every kind of golfer at beginners’ level of golf to pro. The golf industry is extremely competitive and demands that golf companies develop the best technologies that will appeal to the masses of golfers. Golfers tend to try any brand if it will make them play better. CGC is the #1 golf manufacturing company in the world. With its size‚ this gives them power and advantage over competitors
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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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Answers to Case 6: Callaway Golf Company-Manufacturing Inventory. a. The costs expected to be in the raw materials inventory are: costs of materials such as wood‚ iron‚ plastic and/or optic fiber that have yet to be placed in production. The costs expected to be in the work in process inventory are the cost of materials placed in production plus the labor and allocated overhead utilized so far. The costs expected to be in the finish goods inventory are the materials‚ labor and allocated
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| Callaway Golf Canada: The Mobile Performance Team | Case Study | | | | Jamie Merrimen 100117777 October 12‚ 2012 Business 1703 D1 Dr. Conor Vibert | Problem Statement Wayne Mallette is the director of performance management for Callaway Golf Canada‚ the world`s largest golf club manufacturer. In 2004‚ Mallette launched the Mobile Performance Team (MPT)‚ a team of 20 consultants who demonstrate the Callaway equipment line as well as measuring customers for custom equipment
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Callaway Golf Company 1.) The defining business and economic characteristics of the golf equipment industry can be measured by looking at the makeup of the industry itself. The case states that there are approximately 26 million Americans who play golf. 5.4 million play at least twice a month. These numbers are expected to grow by 1 to 2 percent a year until at least 2010. Of the U.S. golfers‚ 25% are seniors‚ 5.7 are women‚ and 2.1 million are juniors. The typical golfer is a 39 year old
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