SeeMoreGuy
They Make 'em. I Buy 'em.
I was curious...On what product does a golf company make their highest margin of profit? I am guessing it has to be golf balls based on the sheer number we buy and variety availble. Any other thoughts?
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That's the answer I would have givenI would have to say drivers. You see them start out at $400 when they come out and then like the Dymo line are down to $150 a year later and you know they still aren't losing money at that price.
I would have to say drivers. You see them start out at $400 when they come out and then like the Dymo line are down to $150 a year later and you know they still aren't losing money at that price.
Do keep in mind that in almost all cases the company has already been paid by retailers everywhere their wholesale cost. So what it drops to has very little to do with their profits. They already got paid a certain amount.
Scotty Cameron pivot(divot) tools comes to mind.Remember the OP asked about the highest profit margin, not what they make the most money on. Think about all the things that cost very little to mass produce but the companies sell them for say 10 bucks each.
I am just guessing here, but if it has something to do with golf, (imo) the price mark up of any golf related items seems to be much, much higher than anything else the buying public might purchase.
I dont know. Look at basketball shoes.
Gotta go with ya on this one.I used to buy a certain shoe that was carried at a certain shoestore..The exact shoe with a different brand name was $20-30 at other stores.There's a lot of things like this where you're paying extra for the brand not the quality.I dont know. Look at basketball shoes. Or designer clothing. There are millions of items that the markup is the same or higher than that of golf.
Remember the OP asked about the highest profit margin, not what they make the most money on. Think about all the things that cost very little to mass produce but the companies sell them for say 10 bucks each. Just think of how much companies make on computer cables, especially when you can buy something for 6 bucks but if they put the word Monster on it it's now 50 bucks, and it does the exact same thing.
I don't know if it's the wooden ones but certainly the new plastic tees have a high profit margin as you don't get many for the price.I know they last longer but that's only if you can find them after hitting.R&D matters and costs as well...that's a built in cost...as is marketing and other varied promotional budgets...the more I think about it, wooden tees might be the answer...