Rethink your driving range

Average: 3.8 (18 votes)

The game of golf is changing, right here, in front of the first tee. There is a new breed of golf practice center that is now based on entertainment, fun, competition, amazing food & drink, plus a great deal of sizzle. The golf driving range many of us grew up with is going the way of the horse and buggy.  Although Topgolf is the leader in this new space, there are two additional organizations creating these new golf entertainment centers for the now, and for the future. People get introduced to the game through these centers and begin to understand golf with much entertainment value added. It is designed to be a great experience, a real fun time with family & friends.

Although these centers are built around the true theme of funthey are not places for the serious golfer to work on their game. Because the old 20 acre practice range is fading away, we see an opportunity for the golf course range to create a experience as well as develop a profit center within the property.  There are millions of golfers who love the game, love to practice, and want that special place to work out their swing issues. Although there are many ways to develop this practice range, here are five ideas to consider:

1) Every great place to practice must have very good practice balls, good turf and good mats.  There can be no exceptions.  This is the formula to attract the serious golfer

2) You need enough distance to hit all clubs, and enough netting on the sides to protect people and property

3) A short game area is a must to go along with #1. You should have a large putting green as well as a chipping/pitching area

4) Have balls always accessible as golfers will pay for lots of balls when they are trying to figure out a new thought. Think about having a practice range concierge.  Having a person on sight during prime-time hours will create loyal fans, added sales, and opportunities you could never otherwise capture

5)    Create a practice menu of food and drink.  Golfers who practice a great deal will love the new options to stay, to practice, and to eat.  Keep it simple, easy, and without the mess

6)  *Bonus: Think about adding a club fitting station as well as instructors.  In a property with a great practice area, club sales, and instruction are easy and important add-ons for the business.

There is an opportunity to drive more revenue beyond the additional rounds or additional members. The practice area done well, built for the serious golfer, will draw golfers, will keep them on property longer, and will add sales with great margin opportunities.  Don’t just build on what you might have in place, but reimagine what can be.  The new entertainment centers are great for the game and for the people who enjoy them.  Think however about those serious golfers who want to work on their game.  Don’t think about the range as an area to warm up before the round, imagine it as a new business model right in front of you.  With 5-7 million very serious golfers, practice will never go out of style……neither will low scores or that next great swing thought.  Thank you.

Jack Dillon writes the highfives blog.  Jack has been in the golf industry for 45 years, so far.  He is a Toastmaster, presenter.  Have Jack visit your next meeting and speak with your team.  Jack has been creating strong service cultures for decades. Contact Jack at 407-973-6136.  Jack lives in Florida.



<h2>Ninja movers denver </h2> <a href=></a> п»ї<h1> VantageScore credit score vs. FICO Credit - Differences and how they affect you - </h1> <p> The term "VantageScore" has been floating around the financial sphere for some time, but many consumers still have no idea what it does and what it means for their credit. And with a new system to check the creditworthiness of consumers, VantageScore could well completely change the way creditors look at their credit. </p> <p> For years, creditors focused on the FICO score, a rating Three digits of your credit report, when deciding whether to grant you this new credit card, would extend a loan or reduce your rates. But a few years ago, the three credit bureaus -Equifax, TransUnion and Experian- collaborated on a new type of credit score system, known as VantageScore. </p> <p> While the credit rating will continue to reach three numbers according to your credit report; VantageScore has enough differences over the FICO credit score to cause confusion. We will analyze some of the differences that VantageScore offers and what those changes mean for consumers. </p> <h2> VantageScore vs. FICO </h2> <p> The FICO credit score uses five factors of your credit report to calculate a three-digit score. Things considered in the FICO score include: </p> <ol> <li> Bill payment history: 35% </li> <li> Total debt owed: 30% </li> <li> Duration of your credit history: 15% </li> <li> Mix of credit types you have - 10% </li> <li> How many times have you applied for credit in the past: 10% </li> </ol> < p> The calculation results in a number between 100 and 850. Most creditors set a limit in this range. For example, a borrower with a FICO credit score below 620 is often considered high risk and, therefore, will receive the highest interest rates, the most stringent terms and most rejection letters. </p> <p> VantageScore, on the other hand, uses six variables from your credit report to give you a three-digit rating and a letter grade from A to F. The six variables include: </p> <ol> <li> Invoice payment history: 32% </li> <li> How much of your available credit did you use? 23% </li> <li> Total debt including loans - 15% </li> <li> Types of credit you have had and the duration of your credit history: 13% </li> <li> How many times have you requested credit in the past: 10% </li> <li> The amount of credit you have available on your credit cards: 7% </li> </ol> <p> The calculation results in a credit score between 501 and 990. Every 100 points on the score also generates a letter grade. For example, a person with an 850 VantageScore would have a "B" credit rating. </p> <h2> VantageScore disadvantages </h2> <p> VantageScore's biggest disadvantage may be the confusion it causes consumers . With a FICO credit score, consumers can see their score and know if they are in the subprime or prime range. It is easy to understand what a good credit score is. On the other hand, the higher ratings of VantageScore may give consumers the impression that they are in the main range, when in reality they are considered high risk. And the qualification of the accompanying letter only complicates this confusion. </p> <p> Many consumers are at odds with the degree of the lyrics in general. Since the FICO credit score is based only on the numbers, some points could make a difference in the interest rate a consumer received. With the qualification of lyrics in VantageScore, a consumer can only receive an increase every 100 points. This means that a consumer with a 601 and a consumer with a credit score of 699 will receive the same rating. If the creditor considers that the grade of the letter when making a decision, the consumer with the highest score will receive the same rates as the consumers at the lower end of the letter grade. </p> <p> </p > <h2> What the future holds </h2> <p> As of early 2011, most creditors still use the FICO credit score model. The change comes slowly in the world of credit and banking, and you should not expect a sudden change to the VantageScore model alone. As long as both credit rating systems exist, creditors can use any of the score models when making their decision. However, you should request a copy of your VantageScore and know the ropes of the new scoring system, as it may become more popular as time passes. </p> <h3> Where to see your credit score </h3> <p> For a small fee, you can request a copy of your VantageScore from the Experian website. Experian includes basic information and a "What if" calculator so you can see how the changes affect the score. </p> <p> You can request a copy of your Equifax FICO credit score. The FICO score comes with educational materials and tips to improve your credit score. </p> <h2> Final word </h2> <p> While the new VantageScore system offers its own advantages over the old FICO score, they still exist advantages and disadvantages in the use of each to measure your credit worthiness. To be aware of the fluctuations of each score and to control your estimated credit score, use a website like Credit Karma, which simulates both your FICO and VantageScore from a smooth twitch of Transunion. </p> <p>? Have you taken a look at your VantageScore? What aspects of the new rating system do you like and dislike? </p> <p> </p> <h3>Movers 77065 St albans movers Car movers in india </h3>

Agree totally with your well written article. Love the "practice concierge" idea. Just missing one thing - Power Tee - The leader in automated teeing systems. Golfers love it and the range makes a LOT MORE MONEY. Come see us in Booth 1001 at the PGA Show. Ask for me, I'd like to meet you.

Add new comment

If you enjoyed this article and would like to sign up for a FREE digital subscription, click here!