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General Demographics • Average Household Income: $87,300 • Average Total Net Worth: $768,400 • 30% Top Management • 83% Professional/Managerial • 26% Own their own business • 95% Male • Average golfer is 39 years old • Married Automotive • 26% Plan on purchasing a new vehicle in the next 12 months • 60% Purchased a new vehicle in the past year • They Own/Lease an average of 2.3 vehicles • 45% purchased new tires in the past year Finance/Investments • Avg total value of all investments $663,000 • 81% possess Visa Cards, 71% mastercard, 33% American Express • Average monthly HH credit card expenditure: $1,575 • 58% use a professional Financial Advisor for investment /financial planning • 91% own their principal residence, 18% own a second home/condo • Average value of principal residence: $380,000 • 21% plan on buying a property located on or near a golf course Golf Participation and Equipment • $17 billion annually on golf equipment and participation • Playing an average of 25.1 years • Played an average of 58.1 rounds in the past year • Spent an average of $311 on golf related apparel in the past year Travel • Average number of vacation days in the past 12 months is 6.4 • Average cost of principal vacation is $2,800 • 44% took trips outside the U.S. in the past 3 years • Rented a car an average of 7.5 times in the past year • Took an average of 5.5 airline trips in the last year • 60% book travel arrangements on the internet • Played an average of 9.5 rounds on vacation in the past year Activities/Electronics/Technology/Beverages • 72% made home repairs in the past year • 38% plan to purchase a digital camera in the next 12 months • 22% plan to buy a computer in the next year • Average use of internet is 160 times per month • Golfers log on the internet 14 times a week, more than twice the national average • More than 60% are watching less television to make more time to use the internet. • 53% purchased products on the internet in the last 30 days • 77% consumed beer • 64% consumed bottled water • 60% consumed wine Sources: NGF Publications 2003, 2004; Beta Research 2003, 2004 |
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