After covering the PGA Merchandise Show for more than 20 years the variety of products still amazes me and particularly the new items from the latest in tech gadgets to ways to more efficiently attach things to your golf bag.
The 64th industry-only Show concluded last Friday its three day run in the Orange County Convention Center located in suburban Orlando. As always it was preceded by the Demo Day to beat all demo days for PGA Professionals and the media at the Orange County National Golf Center’s immense range.
For the week the event that grabbed the most attention was the announcement by TaylorMade-adidas Golf CEO David Abeles just after Show doors opened the first day of the signing of Tiger Woods to an endorsement contract. It created a buzz overshadowing a later announcement by Callaway Golf that Michelle Wie had become a part of their staff.
Reed Expositions, who run the Show, have not released attendance yet but many old timers felt the numbers may have been down from the last couple of years. However, with 1 million square feet of exhibit space and 10 miles of aisles not counting the dozens of off floor meeting rooms, it’s hard to tell. What is for sure is the number of exhibitors remained approximately the same as the past three years—around 1,000—with 271 first time exhibitors. Reed said the number of PGA Professional in attendance increased three percent to more than 7,500.
This is the largest meeting of the golf industry or as they say, the “Major of the Golf Business” and this is certainly true though some well-known companies were absent, in a couple of cases conspicuously absent. Nike Golf of course was not exhibiting clubs since they have closed their club and ball business to concentrate on golf apparel but Nike apparel was a no show as well. Ben Hogan Golf, after an effort to reinvigorate the iconic brand was not present and this week declared bankruptcy.
Less surprising was the absence of PXG owned by Bob Parsons who has said publicly the buyers and PGA Professionals coming to Orlando are not the target market for his ultra-expensive clubs with a set listing at over $5,000. Also among the missing were Mizuno Golf, Bridgestone, True Temper and Aldila.
Among the major items attracting attention were drivers from Wilson Golf (Triton), Callaway (Great Big Bertha Epic), TaylorMade (M1 and M2), Cobra (King F7 and F7+) and Titleist (917 D2 and D3). New golf balls included the Callaway Chrome Soft X, TaylorMade TP5 and TP5x, Volvik S4 White, Srixon Z-Star/Z-Star XV and Titleist’s latest Pro V1 and Pro V1x.
There were 423 companies in the apparel category, a number that continues to grow along with the size of their displays. Services plus accessories seem to be about the same, perhaps with slight growth, which means the club company portion of the Show is declining since the total number of exhibitors remains the same. However, the club category includes companies from the largest multi-line manufacturers to grip, shaft and ferrule makers and one-of putter producers.
Besides the Woods/TMaG announcement often heard discussed on the floor, in the media center and after hours was the non-sale of TMaG which has been on the block since last May. Parent adidas hasn’t said a word and no buyers have been forthcoming though a rumor that Woods and Michael Jordan were interested was thoroughly discredited. With business a little better and a Tiger in the stable might adidas consider keeping the top metal wood maker?
Another oft heard comment there has been no superhot-must-have product introduced and there are a couple of reasons why. Club companies all use top flight technology already so the spread in club performance has narrowed plus restrictions on allowable performance by the USGA has definitely put a damper on innovation. But probably the biggest reason, and golf club designers have known this for some time, products were reaching both the USGA limits and limits imposed by the laws of physics. Change therefore is more incremental rather than a “breakthrough.”
Individual golfers still will gain the most benefit and better performance for them by using custom fitted clubs.
In the golf business orders are often written before the Show so the purchase cycle is not as dependent on face to face meetings as once was the case with possibly the exception of soft goods. The focus of the Show has changed to placing a major emphasis on the continuing education courses for PGA Professionals.
For most attendees though it is a worldwide and industrywide meet-and-greet with a sprinkling of deal making. Costs of attending are high, booth space is expensive and even large companies must figure how to get the most return from the expense. This is not a negative but something that needs to be continually acknowledged and improved by the PGA and Reed Expositions.