Golf Economy Structure
The spectrum of the golf economy spans from one side being the everyday recreational golfer, who plays once or twice a year and spends just a couple hundred dollars a year on Golf, to the PGA/LPGA Tour Events, where the elite of golf play almost year round and pump Billions of dollars into the economy.
What is tying the both ends of golf economy together is the men and women who play golf as part of doing business; businesses that add golf to their conferences; business people who play business golf as part of their travel; the teaching professionals who teach golf as part of their business..and the list goes on.
Currently, the middle of the golf economy is sagging since many business people have either not gained any guidance on using business golf correctly or are sitting around wondering how to get a ROI out of golf. The failure of Golf to help maintaining interest or purpose for the business golfer will eventually cause Golf to be a luxury only a very few people will be able to afford.
Many would argue the future of golf is with the junior golfers and they would get no debate from me. However, every junior golfer has a parent that supports them and if that parent is in peril of not being to afford the basic needs of life then justify the cost of golf would not be something they are going to do. The economy of golf and the cost of golf depends on the business golfer for stimulation.
The money business golfers put into the golf economy help keep the costs low for the recreational golfer and sets up a purpose for being a sponsor of a PGA/LPGA event. Without the millions of business golfers all around the world playing business golf there would be no place for the everyday golfer to go to affordably play golf and no sponsors for the professional golf tours.
Lets help the golf economy and the business world by playing more business golf. Let me know how I can help.