I post this title with mixed feelings. As a long time Callaway fan and user (and a little bit of a TM hater), I can't help but see the parallels between the two companies over the last decade, and it's leaving me a little concerned. This may not be surprising given some of the executive transfer from TM to Callaway, and at this point you'd have to say everything has been going well. Callaway has taken over as #1 in just about everything, similar to how it was all TaylorMade back in the earlier part of the decade. But I can't help but think we're in the process of seeing history repeat itself. Callaway seems to be putting out new offerings at an equal to or greater pace than TM ever did, and while for a while it seemed the inventory management is what separated them, even that seems to be changing.
I just was at my local Golf Galaxy the other day, and where there used to be 4 racks of dedicated used items....3 of those now are "clearance" racks dominated by Big Bertha Alpha's and XR's. Literally dozens of them. Am I taking too small a sample and drawing a conclusion, or am I see the beginning of a cycle we've seen before? I saw a video the other day that made it even more apparent of how many iterations of driver heads we've seen over the last 5 years, (and with very little differentiation of results (https://youtu.be/dOoyBoHPVzs)).
So I'll leave this in the form of a question. With Callaway's success skyrocketing to the level of TM of yesteryear, do you have any concern that that same success formula of regular and frequent releases will eventually lead to a similar downfall eventually?
I just was at my local Golf Galaxy the other day, and where there used to be 4 racks of dedicated used items....3 of those now are "clearance" racks dominated by Big Bertha Alpha's and XR's. Literally dozens of them. Am I taking too small a sample and drawing a conclusion, or am I see the beginning of a cycle we've seen before? I saw a video the other day that made it even more apparent of how many iterations of driver heads we've seen over the last 5 years, (and with very little differentiation of results (https://youtu.be/dOoyBoHPVzs)).
So I'll leave this in the form of a question. With Callaway's success skyrocketing to the level of TM of yesteryear, do you have any concern that that same success formula of regular and frequent releases will eventually lead to a similar downfall eventually?