The Economics of Everyday Things
Used Golf Balls (Replay)
Feb 24, 2025
Todd Hutchinson, president of BallHawker, dives into the fascinating world of used golf balls. He reveals that American golfers lose around 300 million balls annually, creating a unique business opportunity for recovery. Todd discusses the economics behind lost golf balls, the surprising market evolution, and the hidden ecosystem of this niche industry. He shares anecdotes about the risks and rewards of golf ball diving, shedding light on the profitability of reclaiming these watery treasures, all while emphasizing the environmental impact of recycling.
17:13
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Quick takeaways
- The staggering loss of 300 million golf balls annually creates a lucrative market for recovery and resale, highlighting an environmental concern.
- Recovering lost golf balls involves significant risks for divers working in perilous conditions, emphasizing both the thrill and dangers of the profession.
Deep dives
The Economics of Lost Golf Balls
Golfers frequently lose balls while playing, with an average of four to five balls lost per round. Lashon Wanigatunga, who struggles with golf, loses about six balls each time he plays. Collectively, this results in an estimated 300 million golf balls lost each year in the U.S., creating a significant financial and environmental issue. The recovery of these balls presents opportunities for profit for individuals willing to dive into ponds and explore golf courses for lost balls.
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