News

Last Update :8/19/2019

Aug Perspective, Are Merchant Fees Barter 2.0?

 
Dear Golf Industry Professional:
 
The dog days of summer are now upon us and hopefully that bodes well for weather and demand in this current month. This month's Perspective is headlined by Contributing Editor Stuart Lindsay who attempts to keep up with the myriad changes in players and business models in the internet tee times/tee sheet/PoS space. One new twist is what I'm calling Barter 2.0; the introduction of paying for your tee sheet/PoS system by using the provider's merchant account partner vs. giving up tee times as "payment." The other rumor we've heard (but don't address here because it's just a rumor) is that one of the major players is proposing to go to a $1 per round for every round booked through the booking engine which I guess would be Non-Barter 2.0? To get Stuart's take on the players, business models and his handicapping of the odds, click on the link below:
 
In addition, the August issue covers the following topics with equal parts of information and entertainment:
 
  • Contributing Writer Harvey Silverman chronicles a success story in Brevard County, FL where the municipality took the "graceful exit" from the golf business, handing over the reins to the two muni courses to Golf Brevard, a 501(c)3. It's a new model to watch as more municipalities are wanting to limit their exposure to the revenue/expense vagaries of running courses in these challenging times and yet want a buyer committed to keeping the space green and golfing 
  • On the same topic of municipal golf's cross-currents, Publisher Jim Koppenhaver analyzes the NGF's recent "talking point" that municipal golf has reached a high-water mark in the industry as measured by number of courses. This is the result of munis being "net buyers" of failed private-financed golf courses and Jim opines that it's too early to tell whether this cycle represents "vitality" in the muni model or "stupidity" longer-term
  • Plus the monthly Industry Scorecard (the only integrated scorecard of multi-source performance indicators) including the July weather impact results and the June YtD Utilization. We also chart the monthly timeseries for the year of Golf Playable Hours and Utilization while our Market Focus continues working down through our updated Top 25 scorecard with the 4th healthiest major US golf market, Phoenix AZ. Rounding out the issue, our Comings & Goings section catalogues, classifies and comments on 11 activities during the past month that range from the ridiculous to the inevitable, check it out
 
We recognize and thank our continuing sponsors; KemperSports, Troon Golf and EZLinks Golf. For all those service providers and suppliers to the golf industry out there with the latest-and-greatest to offer to the industry thought-leaders who read our monthly publication, might we suggest considering joining our merry little band through our most popular 12-month sponsorship program? (offered at an improved value relative to our entry-level six month sponsorship rate) Twelve-month sponsors also receive all Pellucid industry-standard reports (State of the Industry, Outside the Ropes, Monthly Weather Impact Tracking (Nat'l, Reg'l, Markets), Top 25 US Golf Markets Scorecard and National Golf Consumer Franchise Health Scorecard). Sponsorship provides monthly exposure to approximately 30K industry leaders and followers and associates your brand with Pellucid’s effort to expand intelligent thinking on today's most challenging industry issues. For more "opportunistic" spenders, we might suggest one of our smaller-bite Ad Partner programs for those who may not be able to make a 6 or 12-month commitment (as short as 3 months are now available) or who may not need a half page or more exposure (quarter pages now available). If you're interested in knowing more about sponsorship opportunities or are interested in a preview of our ad partner options, contact Publisher Jim Koppenhaver (847.808.7651, jim@pellucidcorp.com).
 
If you know of associates who would benefit from the topics and insights covered in this issue, feel free to forward this email and encourage them to register on the Pellucid website (http://www.pellucidcorp.com/news/elist) to join the conversation, discussion and debate.
 
We also continue to spread the word on Pellucid's next-generation golf course database, the Internet Golf Course Database (IGDB) with partners Apparation LLC, Never-Search and GolfCourseRanking.com which now offers annual subscriptions for <$5 (that's a compelling value!). IGDB now powers Pellucid's Golf Local Market Analyzer and has added functionality to our project work like being able to tally and profile course closures within key US markets over time. While no database will ever be 100% accurate, we continue to be surprised at the quantity and range of inconsistencies in course directories out there as well as the fact that most of the major tee time providers and recommendation sites (like GolfAdvisor) are propagating these phantom facilities and errors 5-10 fold for people doing Google searches online. Talk about an "echo chamber"... For more information on our comprehensive database, updated quarterly and refreshed completely every 9 months (all 15K+ US courses), email support@theigdb.com.
 
©Copyright 2019 Pellucid Corp. All rights reserved. Quotations permitted with prior approval. Material may not be reproduced, in whole or part in any form whatsoever, without prior written consent of Pellucid Corp.
 
Pellucid Corp.
680 Mayfair Lane
Buffalo Grove, IL 60089


[ More News ]


Join NGCOA Mid-Atlantic - Great Membership Benefits!

Join Our Team! Part-Time, Remote Sales Role with NGCOA MA

Don Rea Jr. Elected as 44th President of the PGA of America

Acquisition Opportunity - Hillendale Country Club (MD)

New Georgia Listing!

NGCOA Mid-Atlantic Elects New Board for 2025

Can you assist Hurricane Helen- damaged golf courses?

Summer Edition of the Mid-Atlantic Golf Business Newsletter Now Available!

Golf Property Economics

New Listing! Hilda W. Allen Real Estate

Breaking News: Henrico EDA buys local golf course, The Crossings, aims to make it long-term home for PGA tourny

Mid-Atlantic Golf Business Newsletter - Spring Issue with NC

Who Should Run Clubs

Women's Golf Day Events Celebrate Record Attendances

What Defines a Club's Culture?

Selling Your Golf Course - Treat the Patient, not just the Disease

The Golf Property Analysts 2024 Market Report

The Cost of Golf - There Might be a Better Way

Click to Watch the Video - Lee Coble Receives USGA Dey Award

NGCOA MA Mouns the Loss of Frank Edward Herrelko Jr.

Lee Coble Honored by USGA

Members Take Charge at Lakeside Golf Club

NGCOA Seeking Events Manager - click for info

Middle Atlantic PGA Section Announces 2023 Special Award Winners

Partner News: Better Billy Bunker Buzz

NGCOA Announces Education Highlights for Golf Business Conference 2024

The Federal Club in Glen Allen, VA seeks General Manager

Bayville GC gains Audubon certification

Cost Versus Value - They're Not the Same - Why Does it Matter?

Williamsburg National GC (36 holes) Seeks Director of Agronomy and Grounds

Accountability & Fiscal Responsibility in Club Governance

Bunkers - Do They Really Matter?

2023 NGCOA MA Annual Award Winners Press Release

NGCOA MA Annual Meeting Registration Open, The Crossvines Winery and Poolesville Golf Cousre, Wednesday, October 4th

Current Golfer Mindset and it’s impact on Facility Planning

Sagacity Golf Partners with NC GCOA

Virginia Beach Golf Trips Made Easy

Custom Williamsburg Golf Trips with Golden Horseshoe, Kingsmill & Condos

Ready to Sell?, Aerification and Prof. Jakubowski on Golf Turf and Water

For Sale: The Crossings Golf Club, Durham, NC - Hilda W. Allen Real Estate

Save the Date - October 4th, NGCOA MA Annual Meeting at Poolesville GC

Club Tax Assessments, The Concept of Value and RSM's Phil Newman on Finances

NGCOA MA / NC Summer Newsletter - click here to read

Reminder: The Latest from Golf Business Advisors!

Call for Offers - Westchester CC (FL)

Golf Acquisition Opportunities (3) - FL, PA, & NY

National Golf Day - 2023 - Outside the Box

Golf Course Acquisition Opportunity - Country Club of Otterkill (NY)

Debt - The (not so) Silent Club Killer

The Cost of Golf - Is it $ustainable?

National Golf Day Registration Open

​Private Club Governance & Management - Defining Roles

Virginia Golf Colleagues Mourn the Loss of Paul Michaelian

NCA Webinar on Your Club's Real Estate Tax Assessment

Golf Property Analysis & Valuation - 2nd Edition Now Available

Erik Larsen incorporates traditional elements into St. Johns (FL) Golf Course to Rave Reviews

Choosing the Best Management for Your Club or Golf Course

Measuring Performance, Selling Solutions, Clubs, Fraud & a Hotline, & The GPA Practice Tee

Fall Issue of Mid-Atlantic Golf Business Newsletter Joint with NC GCOA - Click Here to Read

Register for the 2022 NGCOA MA Annual Meeting, November 2

Selling in Uncertain Times - Develop a Strategy

Just Listed by Hilda W. Allen Real Estate, Inc.

Some Reponse to Why Clubs are Closed on Mondays

Save the Date NOW for Golf Business Conference 2023

Summer Issue of Mid-Atlantic Golf Business Newsletter Joint with North Carolina GCOA - Click Here to Read!

Golf Property Analysts - Private Club Planning, Golf as it was meant to be, Is It Time to Sell?

A Consumer/Culture Based Approach to Private Club Planning

Transparency at Private Clubs

The Golf Pro Crisis & Its Impact on Clubs

Golf Property Analysts - Your Club's Tax Assessment

Hilda Allen - the source for golf course sales and advising owners

NGCOA Mid-Atlantic Annual Meeting Set for Nov. 2 at Independence GC in Richmond

Fairfax County Park Authority seeks Golf Course General Manager

Announcing Facility BMP Virtual Workshop and Prize Contest

Another Beautiful Listing by Hilda Allen Real Estate!

Just Listed by Hilda Allen - The Frog GC in Georgia, a Fazio Design

National Golf Day 2022 - Information and Registration

Mattaponi Springs Golf Club in Ruther Glen, VA Seeks General Manager

Larry's Interview on TurfNet Renovation report Podcast

Golf Leagues - A Lightspeed Guide to Growing Business

Register your course for Women's Golf Day - June 7th

Download the Pellucid Presentation at the Annual Meeting

Golf Property Analysts - Time to Sell?

New Listings and Recent Sales from Hilda Allen Real Estate

Hanover Golf Club sold to unidentified local buyer

Club Master Planning - A Market Based Approach

January Abstract OtR: '21 Sol Scorecard is 6 birdies, 2 pars!

Damon DeVito Named the 2021 Mid-Atlantic Golf Leader

Golf Course Acquisition Opportunity - Maryland - For Sale By Auction

Sep Weather, Aug Util; steady, solid results against strong "20 comps"

Employee Retention Tax Credit May Save You Thousands $

Glenwood Golf Course redevelopment gets planning commission approval

Google's New "Local" Ads Provide Big Advantages to Golf Courses

The Appraisal Journal - Valuation of Private Clubs for Tax Assessments

Morning Read and Sports Illustrated Announce Editorial Partnership

Is it Time to Review Your Golf Property Tax Assessment?

 



Join Our Email List