The 2024-25 Pickleball Business Reality Check- Reality vs. the Hype Train -> What's REALLY Going On...

The Business of Pickleball - Pickleball Brief

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https://subscribe.pickleballbrief.com Launched: Oct 11, 2024
podcast@pickleballbrief.com Season: 1 Episode: 16
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The Business of Pickleball - Pickleball Brief
The 2024-25 Pickleball Business Reality Check- Reality vs. the Hype Train -> What's REALLY Going On...
Oct 11, 2024, Season 1, Episode 16
Pickleball Brief
Episode Summary

Show Notes: The Business of Pickleball Podcast

Episode Title: The 2024-25 Pickleball Business Reality Check- Reality vs. the Hype Train -> What's REALLY Going On...

Hosts: Robert Allen & David Feldman

Introduction
Welcome to "The Business of Pickleball," your industry insider podcast.
Designed for pickleball business owners seeking insights, interviews with leaders, and strategic advice.

Key Discussion Points:

Challenges Facing Club Owners:

  • Programming for members.
  • Securing sponsorships for clubs/tournaments.
  • Selecting appropriate software solutions.

Manufacturers & Service Providers:

  • Scaling businesses amidst growing competition in the pickleball market.

Upcoming Event:

  • Pickleball Brief Business Summit, Dates: October 17th & 18th (Virtual Event)
  • Focus on actionable strategies from over 16 expert presenters.
  • Aimed at addressing key challenges faced by businesses in the industry.

Main Conversation Themes:

  • Visionary and Strategic Thinking:

Industry Maturation:

  • Emphasis on understanding life cycles similar to human growth – beginning, middle, end, rebirth/morphing into new forms.
  • Current state likened to a 'child-like' phase needing sophistication.

Sales Strategies:

  • Importance of having a clear sales plan beyond direct-to-consumer methods.
  • Need for professional sales teams hunting strategically rather than relying solely on brand ambassadors or low-hanging fruit tactics.

Financial Models and Funding Structures:

  • Critique on private equity's role; often leading to unsustainable practices focused more on short-term gains rather than long-term value creation.
  • Venture Capital approach discussed as calculated risk-taking with overarching marketplace strategies that go beyond individual company success/failure rates.

Market Dynamics Observed by Hosts:

  • Feedback loops from club operators indicating lack of follow-through post initial supplier interactions—highlighting gaps in professionalism within B2B engagements.
  • Concerns about outdated ambassador programs not yielding sufficient ROI compared against potential structured outbound sales efforts targeting key accounts/regions effectively driving revenue streams sustainably upwards instead!
  • Future Outlooks Discussed
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The Business of Pickleball - Pickleball Brief
The 2024-25 Pickleball Business Reality Check- Reality vs. the Hype Train -> What's REALLY Going On...
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Show Notes: The Business of Pickleball Podcast

Episode Title: The 2024-25 Pickleball Business Reality Check- Reality vs. the Hype Train -> What's REALLY Going On...

Hosts: Robert Allen & David Feldman

Introduction
Welcome to "The Business of Pickleball," your industry insider podcast.
Designed for pickleball business owners seeking insights, interviews with leaders, and strategic advice.

Key Discussion Points:

Challenges Facing Club Owners:

  • Programming for members.
  • Securing sponsorships for clubs/tournaments.
  • Selecting appropriate software solutions.

Manufacturers & Service Providers:

  • Scaling businesses amidst growing competition in the pickleball market.

Upcoming Event:

  • Pickleball Brief Business Summit, Dates: October 17th & 18th (Virtual Event)
  • Focus on actionable strategies from over 16 expert presenters.
  • Aimed at addressing key challenges faced by businesses in the industry.

Main Conversation Themes:

  • Visionary and Strategic Thinking:

Industry Maturation:

  • Emphasis on understanding life cycles similar to human growth – beginning, middle, end, rebirth/morphing into new forms.
  • Current state likened to a 'child-like' phase needing sophistication.

Sales Strategies:

  • Importance of having a clear sales plan beyond direct-to-consumer methods.
  • Need for professional sales teams hunting strategically rather than relying solely on brand ambassadors or low-hanging fruit tactics.

Financial Models and Funding Structures:

  • Critique on private equity's role; often leading to unsustainable practices focused more on short-term gains rather than long-term value creation.
  • Venture Capital approach discussed as calculated risk-taking with overarching marketplace strategies that go beyond individual company success/failure rates.

Market Dynamics Observed by Hosts:

  • Feedback loops from club operators indicating lack of follow-through post initial supplier interactions—highlighting gaps in professionalism within B2B engagements.
  • Concerns about outdated ambassador programs not yielding sufficient ROI compared against potential structured outbound sales efforts targeting key accounts/regions effectively driving revenue streams sustainably upwards instead!
  • Future Outlooks Discussed

Dive into the dynamic world of pickleball business with industry insiders Robert Allen and David Feldman!

In this episode, they explore strategic thinking for club owners and manufacturers aiming to thrive in the competitive pickleball market.

From securing sponsors to selecting software, discover how you can elevate your business game.

Key takeaways from this episode:

- Insightful strategies for effective club programming and sponsorship acquisition.
- The importance of having a clear vision and structured sales approach in an evolving market.
- Challenges faced by suppliers entering retail spaces without solid plans.

Don't miss out on these actionable insights that could transform your pickleball enterprise.

Tune in now to stay ahead in the game!

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