AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Economics of Everyday Things
32. Used Golf Balls
Jan 15, 2024
Zachary Crockett hosts the podcast exploring the business opportunity behind lost golf balls. The podcast discusses the financial burden on golfers from losing balls and the environmental impact. It delves into the different types of balls and the history of the used golf ball market. The story of Juan de Gautunga and the thriving ecosystem of collecting and selling used golf balls is explored. The process of collecting balls from water hazards, the dangers involved, and the environmental benefits of buying used are discussed. Clever business names and various sponsors are mentioned.
17:13
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The recovery and sale of used golf balls has become a lucrative industry, with companies like PG Golf selling millions of used balls annually, providing golfers with a more affordable and sustainable option.
- Entrepreneurs like Leshan Juanigatunga and Todd Hutchinson have tapped into the used golf ball market, with their companies employing strategies such as diving into water hazards and purchasing pre-processed balls in bulk to sell at lower prices, offering cost savings and promoting sustainability.
Deep dives
The Costly Problem of Lost Golf Balls
Golfers losing four to five balls on average per game; equating to 300 million lost golf balls per year in the US alone. The recovery of lost balls has become a lucrative industry, with companies like PG Golf selling 50 million used balls annually. From hunting balls on golf courses to diving into murky waters, individuals and small companies retrieve, clean, and sell used golf balls. The market is valued at around $200 million, offering golfers a more affordable option while promoting sustainability.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode