04/13
2008
Masterful Takeaways
I spent the last 3 days down in Augusta, Georgia @ the Masters with some friends and colleagues. I had absolutely no idea what I was in for as I had not been to a golf event of that magnitude. Here are a few things I had observed and learned this weekend:
- The Masters is offline: Do you think the airport has tight electronics security? Head over to the Masters… they do not allow any electrical device including ANY cellphone, Blackberry, camera, etc. The only people with cameras are the press photographers and even most of them do not have cellphones. It’s extremely nice to shut-off for 6+ hours per day.
- Respect: Sometimes we forget this living in Manhattan. At the Masters, you can put a chair down by the fairway and return to it 4 hours later… and still use your seat and not worry that someone else has moved it. If you aren’t in your seat within the first inning of a Yankee game, chances are, someone will move down to it and remain there until you kick them out.
- Tiger Woods is the PGA Tour: Unless you see him in person at a golf event (that he’s playing), you cannot understand the magnitude of his fanbase. Even if you aren’t following him around the course, you always know where he is by the cheers and screams of his thousands of fans across the fairways. When Tiger moves onto the hole you’re standing on, his thousands of fans follow and you’re instantly surrounded on all sides and generally, it’s 5-10 people deep. No other player had his following but the closest was Phil Mickelson.
- Food is cheap; merchandise is not: The Masters is old school and the prices have stayed the same since the late 50s (I believe). Sandwiches are $1.00-2.50 and beers are $2. You can have an entire meal for under $4. Where else can you do that? The famous sandwich is a cheese and pimento sandwich on white bread… and it’s pretty good! The merchandise is not cheap but I didn’t see anyone NOT buy something. The lines into the merchandise store were incredible and the amount of inventory moving off the shelves was more than Walmart on Black Friday.
- People Love to be Social and Share: As we walked the course and ate on picnic benches, we met people from all walks of life and the one thing we all had in common were stories of golf. We heard from people who had been coming to the Masters for 30+ years and others who were here for their first time. People love to share their stories and if given the chance, more often than not, will do so. This makes me think harder about all of the startups in the digital media world who help people communicate.
- The Best/Most Popular Doesn’t Always Win: This tournament wasn’t Tiger’s best, but congratulations to Trevor Immelman. Show’s that ANYONE can win at anytime - Google/MSFT/Yahoo doesn’t always dominate and there is room in the market for everyone.
- Brands Don’t Have to Be Everywhere, Just Strategically Placed: There are NO brands on the inside of the Augusta National Grounds… the only brands were on the clothing of the players. Even the food was branded, Masters. There were hundreds of opportunities to have areas of the course co-branded but they were not…
Lots of observations and looking forward to more golf events this year…
If you enjoyed this post, make sure you subscribe to the RSS feed!

Digg
Del.icio.us
Stumble
Sphere It
Category: 






Leave a Reply