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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In the beginning Callaway Club Company (CGC) has had a long time standing of success until they lost sight of what their customers really wanted. CGC should shift their focus to retailer relationships and modify their campaign to promote the fun of the game‚ selling the idea of an easy round of golf with Callaway clubs. They should spend less time and effort on the science and more on developing the customer wants. Addressing the needs and wants of CGC consumers‚ Callaway customers all need one
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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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Golf Equipment Industry Questions Case 4 questions 1. What are the defining characteristics of the golf equipment industry? What is the industry like? Innovative Technology and brand name recognition. The industry competitive forces are very high due to regulations‚ diminishing growth in players. The technologies that the companies have done are so advanced that the USGA has to put regulations on them to make the game fair all around. 2. What is competition like in the golf equipment industry
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#3: "COMPETITION IN THE GOLF EQUIPMENT INDUSTRY” From its earliest beginnings in the 1450’s‚ golf was a peculiar game that tested the individual skill of each person who played. It is a game that takes a player on a journey through a number of “greens.” The player must try to get the small‚ hard golf ball into the “green” or “putting green” which contains a hole in the ground. The player can only hit the ball with a golf club. Golf equipment‚ such as golf clubs‚ golf balls‚ and the like are
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New entrant In golf equipment industry‚ the competitive threats of new entrants are low. Because golf equipment have technical limitation‚ USGA give golf equipment some restrictions. And if you enter into this market‚ you have investment huge funds and have access to distribution channels. Also‚ brand preferences are very important to consumers. So entrance into this industry is difficult. What: product golf equipment Suppliers In golf equipment industry‚ the supplier bargaining power is
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What are the defining characteristics of the golf equipment industry? What is the industry like? 2. What is competition like in the golf equipment industry? What competitive forces seem to have the greatest effect on industry attractiveness? What are the competitive weapons that rivals are using to try to outmaneuver one another in the marketplace? Is the pace of rivalry quickening and becoming more intense? Why or why not? 3. How is the golf equipment industry changing? What are the underlying
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Wayne Mallette‚ director of performance management for Callaway Golf Canada is asked by the golf company’s managing director Steve Kaufman‚ to measure the functioning of the Mobile Performance Team (MPT). He is also expected to implement an effective plan of action that would guarantee that Callaway Golf Canada stay superior to its competitors for the rapidly approaching 2008 golf season. Callaway Golf’s main goal is to be of assistance to every golfer to help them improve their golfing skills
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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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| 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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