Knetgolf 2010 Sales On Pace To Eclipse Last Year By 30 Percent
(TORONTO) - Knetgolf reports its 2010 sales of recycled and refinished premium, pre-owned, brand-name golf balls are on pace to eclipse last year by 30 percent.
Driving the company's market-leading success are "like-new" Titleist, Nike, Bridgestone, Callaway and other brands at half the price of new balls. With golfers losing more than one billion balls yearly and 4.5 each round on average, according to industry estimates, Knetgolf saves purchasers more than $1 per ball.
The average savings per dozen include:
• Titleist ProV1 - $25
• Nike One Platinum - $20
• Callaway Tour ix - $20
• Bridgestone Tour B330 - $20
"When the recession hit, our business spiked dramatically," says Gary Shienfield, CEO of Knetgolf. "Most customers are now repeat buyers, realizing they can play Tour-grade balls without paying $45 or more per dozen."
Recent coverage about Knetgolf by Bloomberg, CNBC, The New York Times, USA Today and others support the company's growth.
There is negligible, if any difference in the performance of Knetgolf-packaged balls compared to new balls. Further testament to quality and savings, Knetgolf customers average four re-orders annually with a less than half of one percent return rate. Knetgolf inventory is primarily "one-hit wonders," taken from sleeves and immediately lost.
Recovered from more than 2,000 exclusive golf resorts in Arizona, California and Nevada, the balls undergo Knetgolf's proprietary and leading-edge cleansing process to ensure top condition. They are then graded Mint, "A," "B" or "C" and offered at 50 percent or more savings at www.knetgolf.com
Through its wholesale division, www.golfballsonly.com, Knetgolf supplies balls to mass-merchant retail chains, golf-specialty shops, pro shops and internet retailers in more than 40 countries. Merchandisers realize greater margins and sell-through over new golf balls.
About Knetgolf / GolfBallsOnly
Founded in 1995, Knetgolf is the world's largest, fully-integrated recycler and refinisher of premium, pre-owned, brand-name golf balls, selling more than 20 million in 2009. It receives nearly 100,000 balls (200-plus brands) daily at its two 25,000-square-foot processing plants in Arizona and Toronto. The company maintains efficient and sophisticated cleaning and grading processes with meticulous attention to the highest quality standards. The recycled balls are purchased by consumers at www.knetgolf.com and by wholesalers at www.golfballsonly.com. Knetgolf is e-Bay's largest refurbished golf-ball seller in the United States and Canada with a 99.5 percent feedback rating.
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