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Author Topic: Starting a new bowling company  (Read 5470 times)

NeumannKnight

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Starting a new bowling company
« on: June 30, 2010, 05:47:29 AM »
Let's try this again since some people decide to be immature about everything.


I am truly interested in starting my own bowling supply company. I have been giving thought to this for the past few years because I would like to make an impact in the bowling industry somehow. I am knowledgeable when it comes to business so I do have the will to follow through on this. I have a passion for bowling as well and would really love to get it going. You have any ideas for me? Even if I would be able to get poured by another company so I can have my own product on the market.

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Columbia 300 Perfect Rival
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icefiction

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Re: Starting a new bowling company
« Reply #16 on: June 30, 2010, 03:38:15 PM »
What is it that you think your company would bring to the table that would set them apart from the existing companies, jw?
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ImBackInTheGame

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Re: Starting a new bowling company
« Reply #17 on: June 30, 2010, 04:02:10 PM »
I kind of touched on some of the same stuff Darth said in the first attempt at this post which was locked.

I agree that Mo knows bowling!  I should have skipped work the day he was in town for a demo a few months ago.  I would love to get fitted by the master!

milorafferty

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Re: Starting a new bowling company
« Reply #18 on: June 30, 2010, 04:07:06 PM »
Don't listen to these naysayers. If you have thought it out and give it your best shot, you might make it. Lots of people told Fred Smith that the Fed Ex idea wouldn't work either.
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ImBackInTheGame

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Re: Starting a new bowling company
« Reply #19 on: June 30, 2010, 04:16:43 PM »
I also agree with that every company had to start somewhere.  I think a lot of people just want to make sure you're aware that there's more to creating a bowling ball than some people think.  Money is probably the biggest obsticle.  If money is no object then do it!  Seriously!  And like I said before, send testers my way!

batbowler

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Re: Starting a new bowling company
« Reply #20 on: June 30, 2010, 04:27:52 PM »
Just think, Track was started in a man's garage in Ohio before being bought by Columbia 300 and moved to Texas!
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kidlost2000

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Re: Starting a new bowling company
« Reply #21 on: June 30, 2010, 06:53:30 PM »
Everyone agrees it is a crazy hard market to get into and expensive.

I would actually consider something more in terms of accessories first and build from there.

With any industry the biggest mark up is in the accessories. If you where able to do something good there and get your name out that would make a great stepping stone with a lot smaller investment in start up cost.

Take advantage of the internet and use it for free marketing.(youtube,facebook ect)


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" men lie, women lie, numbers don't "
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tywithay

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Re: Starting a new bowling company
« Reply #22 on: June 30, 2010, 07:00:23 PM »
When Richie Sposato started Lane #1, he basically just had the diamond core idea in his head and took it to all the major manufacturers. Columbia and Brunswick agreed to pour a ball for him, and later Brunswick poured balls for them. If you are truly serious, get some good CAD software and get core designs. Gather up some money and parade them around to all the major manufacturers and see if they'll pour a few for ya, or even better sign a contract to manufacture balls through them. If you're really driven and offer something different that sets you apart, you might be able to make a name for yourself. You will never sell with the likes of Brunswick, Storm, Ebonite, etc. But look at companies like Motiv and 900 Global. They've just recently gotten into the game by comparison and are making a pretty big impact. Granted they have some big pretty big named players in the industry designing balls and/or running the companies, but it proves there is still room for more balls out there.

luckyxxx

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Re: Starting a new bowling company
« Reply #23 on: June 30, 2010, 09:02:19 PM »
I was just gonna say something about pin breaker as well. I owned a few of these way back. Details hazy but it seems like he Almost had a deal worked out with a big maker, that fell thru, and then slowly faded out of business.

kidlost2000

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Re: Starting a new bowling company
« Reply #24 on: June 30, 2010, 09:37:04 PM »
I like the early lane 1 concept. In that of getting one or two core deigns and letting the cover be the difference.

People get really hung up on cores because the manufactures have to sell new bowling balls. When you compare most of the newer bowling ball core numbers with older ones you see a lot of the specs are not much different. Many companies re-use cores with different/newer covers because it will work and doesn't take a lot of R&D to do it.

Ebonite is one that I like with reusing the Puma core in a lot of newer equipment. The V2 series had the proven Nitro core in them and they were awesome. Plus by just adjusting the density you can alter the core numbers to make it stronger or weaker for different covers.
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" men lie, women lie, numbers don't "
…… you can't  add a physics term to a bowling term and expect it to mean something.

nextbowler

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Re: Starting a new bowling company
« Reply #25 on: June 30, 2010, 10:44:38 PM »
My memory may be failing me on this but I remember that Phil Cardinale started
Dyno-Thane in Las Vegas on a shoestring.  I also seem to remember that he
had something to do with the origination of Track.  I remember seeing him
on the lanes as I bowled in a league with his father and he came to watch.  We
talked of new releases often.  Again, I may be wrong.

dizzyfugu

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Re: Starting a new bowling company
« Reply #26 on: July 01, 2010, 03:56:46 AM »
You need a USP - a resaon why people should want to prefer and ideally buy your stuff, whatever it is. Even a small company can survive, if the idea and argument is good and finds its niche.

Lanemasters used to have the massive balls with industrial diamonds as particles. That's an USP, but they neglected it IMHO, probably due to cost reasons.

MoRich used to have the most aggressive core designs, concerning high mass bias cores, paired with solid Brunswick covers. Other manufacturers caught up, though, and MoRich seems to be in a re-orientation phase, which IMHO leads to mediocrity at the moment. I guess they over-did their USP...

And then Lane#1 - marketing genius, keeping the myth of their core designs and the price tags up.

There certainly IS a niche for everything, but you have to find it, and keep up with the ever-changing market conditions. Good luck!
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dizzyfugu

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Re: Starting a new bowling company
« Reply #27 on: July 01, 2010, 06:31:43 AM »
quote:

You could also look at having stuff poured and imported from China - Check out http://www.alibaba.com/ - you should be able to find some info there.  You wouldn't have any problem getting shoes or bags with custom embroidery.
.


As an addendum: a German pro shop just started with two reactive balls under their own label called "Aloha". They started with cheap polyester balls for social bowler enthusiasts, which have been around here for some years, and now they offer reactive pieces as well.

http://www.bowling-store.de/shop/P_203.php

Price point is mid range, for German standards Note the familiar (and surely NOT licensed) core designs... AFAIK, they are manufactured in Malaysia. Pretty, even though I have no clue about their quality or strength.
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Confused by bowling? Check out BR.com's vault of wisdom: the unofficial FAQ section
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qstick777

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Re: Starting a new bowling company
« Reply #28 on: July 01, 2010, 10:35:03 AM »
quote:
My memory may be failing me on this but I remember that Phil Cardinale started
Dyno-Thane in Las Vegas on a shoestring.  I also seem to remember that he
had something to do with the origination of Track.  I remember seeing him
on the lanes as I bowled in a league with his father and he came to watch.  We
talked of new releases often.  Again, I may be wrong.



I guess it would depend on the definition of "shoestring."

It could be done, but I'm going to estimate you'll need at least $50k to get started.  That won't get you much more than a ball produced with an older core and coverstock formulation.

You need to order at least 400 (if not 500) balls - some companies may do fewer quantities depending on their workload.  Remember there are only a few manufacturers - Storm, Visionary, Brunswick, Ebonite, 900G - and I guess Legends/LM.

 A few years ago I had conversations with a few people that were looking at making a custom ball - mix and match core and cover from previous releases.  The price was much more than expected.  Nobody mentioned any exact figures - as per NDA and such - but let's just say you aren't going to sell the ball for less than $110 and make money.  The number was pretty amazing considering you see things like Buddies selling Cool Noize for $45, bowlingball.com selling Morich LevRG series for $65-70, etc.  

Of course the people may have been inflating figures.  You can look at stuff historically and try to figure it out.  The Revelation was a new core, and limited production (100) and the starting price was $220!  Insite typically sold their releases at $120-140, eventually dropping to $90-95.  I don't ever remember seeing one of their balls cheaper than $80 shipped.  Hard to imagine he would sell for less than cost, but maybe just to blow out the remaining inventory?

How many people are willing to pay $120+ for an unknown ball from an unknown company?

Then you're going to need a place to store those 400+ balls, package, label and ship them.

I did ask Eric Thomas (AMF/900G) about doing a re-run (think Changeling) a few years ago.  I had some money sitting around from a cash-out refinance, and thought it would be "fun."  You won't get any info via e-mail or PM, but basically it came down to setting up a face to face meeting, showing financial ability, and signing a NDA before you can any serious discussions more than "yes we could produce a ball for you."  I'll assume it works the same way with the other guys.

My wife decided she would rather have a remodeled kitchen instead of 400 bowling balls sitting in the garage, so that was the extent of my research.

I guess if you are able to sell all the balls and make $10 on each, you could operate on a "shoestring" budget - assuming you consider $40-50k a "shoestring."  You'll sell 400 @ $10 and make your money back and an additional $4k - your time and labor will be free.  Roll that into your next release and so on and so on.  Eventually you'll have enough to get into designing your own core and having it produced (again, estimates are $10-15k).


psaunders300

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Re: Starting a new bowling company
« Reply #29 on: July 01, 2010, 12:25:42 PM »
What qstick777 wrote is very good and accurate.  Making a living at it is tough - you have to have or build up a core customer base otherwise you won''t make it.  That was the biggest issue with InSite, the balls were great, but there was not a core group of customers that could be relied on the buy the latest releases, like Lane #1 or MoRich.  I used to work with Mark Russo on his website, so I got an insider''s view of the business and it ended very badly for InSite.

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Edited on 7/1/2010 12:27 PM

ImBackInTheGame

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Re: Starting a new bowling company
« Reply #30 on: July 01, 2010, 12:34:12 PM »
I believe Caffeine Sports (www.caffeinesports.net)is one of the newest companies out there. Like some already mentioned, the went the route of using older (columbia?) cores.  I'm not sure about the specifics but I think they would be an example of how to start.