Swot Analysis – Callaway Golf

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Introduction 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 (About Us). Since its inception sales have grown from $5 million in 1998 (Investor Relations) to over $830 million in 2012 (Callaway Golf Company Announces Fourth Quarter And Full Year 2012 Results And Provides 2013 Guidance). Founded in 1982 by the late Ely Callaway, he was a “visionary entrepreneur who operated under a simple but profound business promise: Deliver Demonstrably Superior, Pleasingly Different products and services” (About Us). The average weekend golfer serves as Callaway’s primary demographic and the company name has been synonymous with technology and innovation since the introduction of the Big Bertha line of drivers and fairway woods in 1991 (Wakil, 2013). Selling their clubs at the top of the price category, Callaway provides the market with clubs that are proven to deliver skill and forgiveness, thus making the overall golfing experience better for the average person. This is key to the company’s success as golf is has become increasingly difficult and a time suck for people learning the difficult game. While Callaway has always been on the forefront of innovation, the gap between them and other manufacturers is closing (Badenhausen, 2012). Companies like Nike Golf and Taylor Made-adidas have crowded the once small and personalized world of golf equipment and apparel. The company must define the issues concerning their loss of market share and identify solutions to gain their share, and additional shares, back moving forward. The golf industry is ever evolving and for Callaway to remain at the top they must seek new opportunities and capitalize on their strengths if they are to remain one of the leaders in the field. Strengths The golf industry is slowly recovering

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