PRESS RELEASE
March 2009
GolfBallsOnly Market Penetration Beats the Street
Sales skyrocket in first quarter for worlds leading recycler and refinisher of golf balls
Toronto....GolfBallsOnly, one of the world’s leading recyclers and marketers of certified pre owned and refinished name brand golf balls has reported that after its first two months into the first quarter of 2009 that sales are up over 100% above budget with no slow down in site.
“We are thrilled, “says Gary Shienfield, CEO. “It would appear we have underestimated the pent up demand by golfers for the value driven refinished and recycled products we offer. I believe that our marketing department and sales team have done a tremendous job in getting our message out to the golf courses, retail golf stores and most importantly to golfers themselves. Now our challenge will be to meet the surge in demand and we have been concentrating on our supply chains which we have beefed up significantly to satisfy our quickly expanding customer base.”
Following an extremely successful product and new packaging launch at the International PGA show in Orlando, a feature interview on CNN’s, Living Golf, shown around the world and the hiring of 25 agents throughout North America, GolfBallsOnly product and message has quickly spread. The products have been quickly snatched up by golfers who are attracted to the high quality and low pricing which is even more significant during these economic times.
“We believe that selling a practically new looking name brand product that is quality controlled and sold at half the price of new balls without a discernable difference in performance is a win/ win for all concerned,“ says Korey Shienfield, VP Sales and Marketing. “As opposed to companies that simply wash and sell a mix of used golf balls of varying degrees of quality such as you find on the shelves of major retailers, GolfBallsOnly has invested in the latest technology and has implemented a very strict quality control process for the product before it makes it to the consumer.”
“Between the top end recycled products and the award winning refinished golf balls that are selling so well we feel that we have taken and elevated the industry to a new level of quality that other suppliers will be scrambling to mimic in the coming years. “ says Shienfield. “The golfing public is demanding a much better quality product to convert to buying recycled balls. We recognized this and we are one of the first companies to step up to the plate and give them what they want.”
Leading the parade this year are the newly introduced GolfBallsOnly Refinished 2.0 golf balls (the 2nd generation of refinishing) that include Titleist Pro V1, Nike One Platinum, Callaway HX Tour and many more. These products are designed to sell at 40% off of new ball prices. These balls are refinished and repackaged in award winning packaging and stand out amongst the competition and on the store shelves. Retailers are ecstatic and some have reported over 50% sell thru in under 2 weeks of receiving their first shipments.
About GolfBallsOnly
GolfBallsOnly, one of the world’s largest fully integrated recovery and recycling golf ball companies, has its head office in Toronto with recovery and processing facilities in Arizona and Ohio. It currently supplies recycled and certified pre owned refinished golf balls to major retailers and golf pro shops across United States, Canada and the UK as well as many wholesale customers in Germany, Austria, Holland, Belgium, Sweden, Norway, England, Ireland, Spain, Australia, New Zealand, Korea, China, Singapore, Japan, Mexico, Bahamas and Argentina.
Sales and Marketing– Korey Shienfield korey@GolfBallsOnly.com