Sales Planning Report - Business Finance
I attached two files, one is the guideline and the other is an example of what I want with the company that I was assigned. The company is Palmolive and the products are all the shampoos they offerPalmoliveThe company that I will try to do business with is Super 99, a supermarket from Panama. This is the site and history from Super 99. Super 99 siteThe supermarkets site is in Spanish, so anyways I will translate some of the info here.-The Wong Chang family founded a company identified as Warehouse 99, which was dedicated to the hardware and sewer trade. Later the company is acquired by Empresas Martinelli, SA in 1986 and it is at this time that the SUPER 99 was born, changing the structure and service that was provided previously, for a service that projected to the consumer a typification according to the characteristic of a supermarket with the best products and the best prices.I need it to be focused on the variety of the shampoos that I will sell, add other needs.
example_1.pdf
example_1.pdf
sales_2bcall_2bplaning_2breport_2bguide.pdf
Unformatted Attachment Preview
Titleist Golf Balls
Dick’s Sporting Good’s Golf Ball Presentation
Sales Consultant: Student’s Name
10/21/16
I.
PROSPECT INFORMATION
A. Company Name: Dicks Sporting Goods
B. Type of Business: Dick’s Sporting Goods is recognized by the SIC code SIC-5940,
placing it in the Retail-Miscellaneous Shopping Goods Store Sector. This sector is
comprised of various retail stores such as bookstores, jewelry stores, drug stores, hobby
and toy stores, and sporting good stores [10]. Within this sector Dick’s would specifically
fall under the Sporting Goods Stores and Bicycle Shops (SIC 5941) [9].
C. Prospect Job Title: Purchasing Manager
D. Key Facts: Founded in 1948, Dick’s Sporting Goods is a Fortune 500 sporting good retail
chain that offers a wide variety of brand name sporting goods, footwear, apparel, outdoor
recreation accessories, and other various athletic related gear. Dick’s mission is “to be
recognized by [their] customers as the #1 sports and fitness specialty omni-channel
retailer that serves and inspires athletes and outdoor enthusiasts to achieve their personal
best through the relentless improvement of everything [they] do” [2]. Today there are
more than 740 stores in operation in over 45 states. Dick’s also owns and operates
specialty golf retailer, Golf Galaxy, as well as eCommerce websites and catalogs for
Dick’s Sporting Goods and Golf Galaxy.
E. Anticipated Buyer Needs:
ANTICIPATED
BUYER NEEDS
Variety:
Balls for different
skill levels
WHY/HOW IMPORTANT
No two golfers are the same in skill level, so providing a variety of golf
balls based on different ability levels is key. Golf balls are designed for
different swing speeds, angles of attack, and many other components of the
golf swing. By providing golf balls that are made especially for particular
skill levels, Dick’s could attract a larger audience of golfers and made up
of new segments that range from beginner skill level golfers to highly
skilled golfers. If Dick’s Sporting Goods only sells golf balls for one skill
level or a generalized golf ball, they could be missing out these different
segments of golfers with different skill levels and potential sales.
2
Ability: A ball that
provides more
distance
Ability: A ball
with better short
game control
Variety: Balls with
sports/school team
logos
Brand
Recognition:
Carrying a wellknown and
trustworthy brand
II.
The ability to hit the ball far in golf is something that most golfers want to
achieve. Typically, a golf ball with a firmer feel and lower driver spin will
provide a golfer with further distance. Offering a golf ball that is designed
to provide a golfer with more distance off the tee would increase the
likelihood of a purchase from customer in search of more distance. By not
offering golf balls that provide added distance, Dick’s could be missing out
on sales from those customers looking for this type of ball.
Chipping and putting, or short game, is a key component to the success of
every golf round. It is extremely important to have a golf ball that is built
to provide desired outcomes around the green. Typically, balls with better
short game abilities provide golfers a softer feel that provides golfers with
better control on the green. A lack of a ball offering that provides short
game control could be losing customers who are not finding the ball they
need.
Many forms of golf equipment often show off the logo of a golfers favorite
professional team or school. Customers like to display a form of
uniqueness or identity through the items they purchase, fulfilling their
psychological needs. Many people like to go to Dick’s Sporting Goods to
find gear that represents their favorite teams, so golf balls would be no
different. If Dick’s is not currently selling golf balls with team logos on
them, they could be missing out on a huge market of golfers who want to
display their identity or affiliation with certain teams.
This is important because a well-known brand may be what the majority of
customers are looking for. Customers may be looking for a type of ball that
they see their favorite professionals using and if they cannot find it at
Dick’s Sporting Goods, they may look elsewhere for their golf balls.
IDENTIFICATION OF TOTAL MARKET OFFERING
Titleist is a brand owned by the Acushnet Company, a company that owns two of the
most revered brands in golf, Titleist and FootJoy. The Titleist brand was founded in 1932 when
amateur golfer Phil Young took an x-ray of a golf ball and realized the core was off-center. Since
this discovery, Titleist has been dedicated to providing the best performing golf ball that is
uniform and consistent in quality [8]. Given this dedication to consistency in quality, Titleist
takes great pride in their Titleist Golf Ball R&D team. The R&D team at Titleist is made up of
chemists, physicist, mathematicians, computers scientists, engineers, technicians, and PGA
Professionals who are commitment to the continuous improvement and innovation of their golf
3
balls. Because of this commitment to innovation, Titleist now owns the largest portfolio of golf
ball intellectual property in the industry with over 1,000 patents [5]. The technologies of golf and
golf equipment are constantly changing every year and making sure that the golf ball keeps up
with these changes is key to performance.
In addition to an emphasis in R&D to develop quality and innovation, Titleist puts a
strong emphasis on their manufacturing processes to actually provide that quality. Titleist has
manufactured their golf balls out of Massachusetts for the past 80 years and has always believed
that a better process will result in a better quality golf ball [5]. The processes of manufacturing
Titleist golf balls are very uniform and thorough, backed by an operations team that is dedicated
to manufacturing every golf ball to Titleist’s exact standards. The following speaks to the
standards that Titleist holds in it’s manufacturing, “[Titleist] associates manufacture every
Titleist golf ball to exacting standards in Titleist owned and operated facilities – there are about
90 processes and product quality checks for Pro V1; about 120 for the dual-core Pro V1x –
assuring that every golf ball performs consistently for every golfer, every round and on every
type of shot.” [5]. Because of our dedication to quality through manufacturing and R&D, Titleist
has seen first hand how these values create an incredible, trustworthy brand.
Today, Titleist is known as the “#1 ball in golf” and golf’s “most played ball”. With a
worldwide professional tour ball count of 20,673, its nearest competitor in the ball count is 3,802
[6]. The title of “most played ball” and “#1 ball in golf” was something that Titleist sought after
and strategized for in it’s early years. In order to validate it’s strong performance, Titleist
originally only distributed it’s golf balls through professionals, as they were the ones who could
truly distinguish a quality and high performing golf ball. The next step in Titleist’s strategy was
to demonstrate their product at prestigious golf courses with the Acushnet Golf Ball
4
Demonstration Machine [8]. The result of these events, golfers were left with a lasting
impression of the superiority of the Titleist golf ball. The next step in the strategy involved
getting the Titleist ball into the hands of as many playing professional golfers as possible. The
reasoning behind this was to get average golfers to recognize that if all of the best players are
using this ball, then it must in fact be the best ball. The culmination of this “most played”
strategy and building of a trusted brand came in 1949 when Titleist won the ball count for the
first time at the U.S. Open [8]. Now, for over 30 years Titleist is the preferred golf ball of the
PGA Tour, over all other brands combined. This preference of Titleist golf balls can also be said
for professional tours all over the world, the NCAA, US Juniors, and US Amateurs [8]. The
brand recognition and trust that comes with Titleist is unlike any other in the game of golf and is
truly a differentiator in the market.
TOTAL MARKET OFFERING – FAB MATRIX
PROSPECT’S
NEEDS
Variety: Skill level
Ability: A ball that
provides more
distance
FEATURE
ADVANTAGE
We offer 6 different
kinds of Titleist golf
balls; all made with
different skill levels in
mind.
Increases the variety
and selection of golf
balls based on skill
level.
3 of the golf balls that
we offer are built with
specific features to
provide more
distance. Specifically,
our longer distance
balls are Pro-V1x,
NXT Tour, and
Velocity.
Provides golfers a
selection of golf balls
that are designed to
add distance to a
golfers game.
BENEFIT
This increase in
selection would attract
all skill levels of
golfers to purchase
golf balls at Dick’s,
therefore increase golf
ball revenues.
Providing golf balls
that allow greater
distance would attract
golfers who are
looking to improve
their long game,
therefore increasing
golf ball revenues.
5
PROSPECT’S
NEEDS
Ability: A ball that
provides better short
game control
FEATURE
3 of the golf balls that
we offer are designed
with the specific
features to deliver
excellent short game
control. These balls
are the Pro-V1, NXT
Tour S, and the DT
Solo.
Variety: Balls with
sports/school team
logos
We offer dozen boxes
of golf balls with
licensed MLB teams
and NCAA.
Brand Recognition:
Carrying a wellknown and trustworthy brand
Titleist is the most
played ball in golf.
ADVANTAGE
BENEFIT
Provides a selection
of golf balls that
provide better short
game control ability.
By offering golf balls
that possess the
features necessary to
provide better short
game control, Dick’s
will attract the golfers
who are looking to
make such
improvements in their
golf games and
increase their golf ball
sales.
Increases the variety
Offering this type of
and selection of golf
variety of golf balls
balls and offers
could attract a new
customers the ability
segment of customers
to display their
who like to display
affiliation with a team their affiliation with a
or school.
school or team or who
shop at Dick’s
Sporting Goods for
team equipment who
may usually not buy
golf balls, therefore
increases the revenues
created by golf balls.
In the worldwide
By choosing to sell
professional tours golf Titleist golf balls,
ball count, Titleist is
Dick’s Sporting
number one with
Goods will be
23,059. It is also
providing it’s
being used by most of customers with an
the world’s top
extremely well-known
players, making it a
brand that has proven
highly exposed and
itself in the
well-known brand.
professional golf
world, therefore it is
highly likely that
customers will be
more drawn to this
brand, causing an
increase in golf ball
revenues.
6
Variety: Balls for different skill levels
Thanks to our knowledge of the golf swing and what goes into providing the right ball for
each unique swing, we offer 6 different golf balls for all types of skill levels. The names of our
golf balls are Pro-V1, Pro-V1x, NXT Tour, NXT Tour S, Velocity, and DT TruSoft. Each of
these golf balls fall into a category that identifies players by their scoring performance and skill
ability. Offering Titleist’s 6 different golf balls at Dick’s Sporting Goods would add more variety
and selection based on skill level. Dick’s golf ball sales could greatly benefit from this increase
in golf ball selection based on skill level, because it would likely attract a larger market of
customers. If consumers recognize that Dick’s carries golf balls that would fit their skill level in
golf, then they may be more likely to make a purchase at Dick’s Sporting Goods, therefore
increasing golf ball sales. Please refer to Exhibit #1 to identify the different types of balls we
offer and the skill level categories they fall under.
Ability: A golf ball that provides more distance:
We know that many golfers strive to find ways to hit the ball further and at Titleist we
have the golf balls to equip golfers to do so. Our Titleist Pro-V1x, NXT Tour, and Velocity balls
are all equipped with the firm feel and low spin to provide golfers with the added distance they
desire. All three of these balls fall into the three different scoring performance categories,
allowing all levels the ability to hit the long ball. Offering these three Titleist golf balls that are
designed for distance would provide Dick’s Sporting Goods and it’s consumers a solution to
their lack of a ball that provides the ability of added distance. Providing such golf balls would
greatly benefit Dick’s Sporting Goods and it’s golf ball sales because it would attract those
golfers that are looking to add more distance to their golf game. Please refer to Exhibit #2 to
view our golf balls that are designed for longer distance.
7
Ability: Ball that provides better short game control:
Titleist understands the importance of short game in the game of golf, so we believe in
providing golf balls that can deliver the results needed for a strong short game. Our Titleist ProV1, NXT Tour, and DT Solo all possess the soft feel necessary to provide exceptional short
game control. Similar to the longer golf balls, all three of these balls fall into the three different
skill level categories. Offering Titleist golf balls with exceptional short game control would
attract the segment of golfers who are looking to make improvements to their short game and
increase the golf ball sales of Dick’s Sporting Goods. Please refer to Exhibit #3 to view our
selection of golf balls that provide exceptional short game control.
Variety: Balls with sports/school team logos
Through licensing agreements with the MLB and NCAA, Titleist is proud to offer golf
balls that showcase an individual’s favorite team or school. By carrying Titleist golf balls with
different team and school logos, Dick’s Sporting Goods can increase their variety and selection
of golf balls. Since Dick’s Sporting Goods already offers a huge selection of professional team
and school related gear, fans that are shopping for such items may notice the logoed golf balls
and feel the need to buy them. By offering balls with team and school logos, Dick’s Sporting
Goods can expect to benefit from an increase in golf ball sales, as this unique offering will likely
attract this new segment of consumers who are looking to display their team loyalties through
their possessions. Please refer to Exhibit #4 to view the team and school logos that we offer.
Brand Recognition: Carrying a well-known and trustworthy brand:
As mentioned earlier, Titleist currently has a commanding lead on the worldwide
professional tour ball count at 20,673 with its nearest competitor at 3,082. In fact, 24 of the
world’s top 50 players use Titleist golf balls [7]. Given this high representation in professional
tours around the world, our brand has gained a great deal of exposure through televised
professional tournaments. Given the exposure that Titleist receives from its professionals and its
8
usage amongst the world’s top ranked players, we are perceived as a trustworthy brand.
Therefore, offering Titleist golf balls will give Dick’s Sporting Goods a golf ball that will
provide customers with the well-known and trustworthy brand that they are looking for. If
customers are seeing a brand that they recognize and know to be trustworthy, they will be more
likely to make a purchase, therefore increasing golf ball sales. Please refer to Exhibit #5 to view
some of the top ranked players in the world that play Titleist golf balls.
9
Exhibit #1
Exhibit #2
10
Exhibit #3
Exhibit #4
11
Exhibit #5
12
III.
COMPETITIVE SITUATION PROFILE
Competitor #1: Bridgestone Golf
Bridgestone Golf is one of the many diversified brands owned by Bridgestone Tires.
Bridgestone was founded in 1931 and has since been dedicated to its philosophy of “Serve
Society with Superior Quality” [3]. The dedication to this philosophy has lead to Bridgestone
becoming the global market leader in the rubber industry and polymer science technologies.
Bridgestone’s entrance into the golf industry came in 1935 when it began producing golf balls. In
addition to golf balls, Bridgestone Golf offers clubs, headwear, and accessories. Bridgestone
Golf offers 10 different kinds of golf balls, all with unique features tailored to different skill
levels, including gender specific balls. With regards to research and development, breakthroughs
in Bridgestone’s technology have also impacted breakthroughs in their golf ball technology [3].
The research and development capabilities paired with the wide variety of balls that Bridgestone
offers make them a strong competitor for Titleist. Additionally, Bridgestone also has licensing
agreements with the NFL, NHL, Army, and collegiate institutions as well as colored golf balls.
Where Bridgestone Golf is lacking in comparison to Titleist is with its limited professional use,
which gives the brand less exposure. Additionally, the fact that it is a product of the Bridgestone
Tire Company could confuse consumers, as they do not view Bridgestone as a golf company.
Competitor #2: Callaway Golf
Callaway Golf is an American golf company, founded by Ely Callaway in 1982.
Callaway Golf manufactures and sells golf balls, but golf clubs, golf apparel, footwear, and
accessories [1]. The company’s original focus was in providing high-quality wedges and putters.
With regards to Callaway’s golf ball offerings, they offer 6 different kinds of golf balls specific
to skill levels, as well as a gender specific ball for women. Callaway also offers variety in their
golf balls with respect to the colors of the balls, offering balls that come in yellow, pink, and
13
multi-color. Callaway golf balls also have customization capabilities, allowing customers to put
customer logos on their golf balls. Callaway’s similar variety in selection of golf balls, including
gender specific balls, as well as their variety offered through color and logos make Callaway a
strong competitor to Titleist. Where Callaway lacks is in it’s brand recognition and the. Callaway
does have a number of professional tour players however not nearly the showing that Titleist
does. The small amount of Callaway tour players compared to Titleist is not giving them the
exposure necessary to build a widely recognized brand and one that consumers would gravitate
towards.
KEY COMPETITORS
STRENGTHS
WEAKNESSES
- Offers 10 different kinds of
- Doesn’t have highest ball
golf balls based on skill level. count.
- Colored golf balls
- Limited professional use and
- Gender specific golf balls
exposure.
-Offers NFL, NHL, Army, and - Lack of brand recognition as
collegiate logos for golf balls. golf company.
-R&D capabilities
Callaway Golf
- Offers 6 different kinds of
- Doesn’t have highest ball
golf balls based on skill level
count.
- Offers a gender specific golf - Brand recognition
balls.
- Offers colored balls
- Customization capabilities
In comparison to Titleist, both Bridgestone Golf and Callaway Golf lack the brand
Bridgestone Golf
exposure and brand recognition that identifies Titleist as such a strong and trustworthy brand.
While both companies do offer a number of different of golf balls and features, their lack of
exposure and use on the professional tours may cause consumers to believe that if it is not a
product that most of the top players are using then they shouldn’t either. However, Titleist will
remain watchful of these two brands, as they are strong in their own ways. We will work to keep
our commanding lead in the golf industry through our dedication to innovation, quality, and
creating a strong brand.
14
Works Cited
[1] “About Us.” Callaway Golf. Callaway Golf, 2016. Web. 18 Oct. 2016.
[2] “About Us.” Dicks Sporting Goods. Dick’s Sporting Goods, Inc., 2016. Web. 14 Oct. 20 ...
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