Golf Equipment Industry

Statement of the problem The problem lies with the rules and regulation made by the USGA and R & A which prevents play Industry to sanction itself and be a cost-effective game played by everyone. in advance(p) products with late rules and regulations in place, implications would be difficulty in adopting the rising guidelines do it less long-familiar among golfers. Also the ledge liveliness of the products is less and it has become difficult for the Industry as a whole to retain the golfers as the perception is, golf is barely for rich peoples. SWOT ANALYSIS Strengths Good following(a): 22.7 gazillion US Golfers, 2 million in Europe and 17 million in Asia R & D Budgets, technological advances/product innovation drives growth 20 % increase in US sales, disrespect fewer golfers. Weakness Short ledge life of products unexampled models distributively year so this implies that Golf is becoming expensive for the golfers with new advancement in the indust ry. mod products with new rules and regulations in place, implications would be difficulty in adopting the new guidelines making it less familiar among golfers. Attracting and retaining new, recreational golfer. Opportunities Investing in the upcoming markets like India and China, the conduce implications would be large tribe leading in change magnitude income.

Aging people in US so more(prenominal) time for the retired people and making golf more popular Manufacturing find based on their competitive advantage Align manufacturing with suppliers of grips, shafts, custom equal systems/software. Threats mould equipment from China The rules and! regulations freeze technological advancement in industry. Porters five Forces Models: 1) Threat of new potential Entrants: (Low Level) * Large amount of dandy investment is required * Cost of advertisement and setting up the subscriber line is expensive * There are true-blue customers which are difficult to regorge and very difficult to decoy and gain retention of those...If you inadequacy to get a mount essay, order it on our website: BestEssayCheap.com

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