Subject category:
Marketing
Published by:
Harvard Business Publishing
Version: 20 February 2004
Revision date: 23-Apr-2019
Length: 25 pages
Data source: Field research
Abstract
This is a Spanish version. Describes a situation faced by Mr Ely Callaway, the 80-year-old founder, chairman, and CEO of Callaway Golf Co, in the fall of 1999. After a decade of stunning success with the marketing concept, Callaway suffered a significant loss and witnessed a steep decline in sales in 1998. Mr Callaway had built a USD800 million business by making a truly more satisfying product for the average golfer, making it pleasingly different from the competition and communicating the benefits to the consumer. The results in 1998 forced Mr Callaway to reconsider the marketing program that had successfully supported the product until now.
About
Abstract
This is a Spanish version. Describes a situation faced by Mr Ely Callaway, the 80-year-old founder, chairman, and CEO of Callaway Golf Co, in the fall of 1999. After a decade of stunning success with the marketing concept, Callaway suffered a significant loss and witnessed a steep decline in sales in 1998. Mr Callaway had built a USD800 million business by making a truly more satisfying product for the average golfer, making it pleasingly different from the competition and communicating the benefits to the consumer. The results in 1998 forced Mr Callaway to reconsider the marketing program that had successfully supported the product until now.