Golf Management Australia Spring 2017 | Page 15

GGA - Nextgengolf Millennial Golfers Infographic This initiative was spearheaded by Nextgengolf (Kris Hart, CEO, and Matt Weinberger, COO) and Global Golf Advisors (Michael Gregory, Senior Manager, and Bennett DeLozier, Senior Associate). Global Golf Advisors recently teamed up with Kris Hart and Matt Weinberger of Nextgengolf in North America to gauge just how many ‘degrees of separation’ there are between Millennials and private clubs. Nextgengolf is the leading entity for 18 to 34 year old golfers in the United States. Nextgengolf is an inclusive organisation with the mission to provide golfing opportunities and make the game of golf more relevant for college students and young adults. A fusion of GGA’s 25-year history of private club research and Nextgengolf’s profound relationship with young golfers afforded a survey of more than 1,000 avid Millennial golfers who were asked about their golfing habits and stance on private club memberships. Research revealed the following high-level trends about Millennial golfers: 1. Flexibility and customisation is key 2. Referrals are very important 3. Non-golf amenities matter 4. Primary target audience – low-handicap Millennials 5. Opportunities exist to better capture Millennials at private clubs 6. There are barriers which private clubs must consider Find out more survey findings in the infographic. While this survey and report is from the United States and based on American golfers, it highlights a number of opportunities to better engage with this group by understanding their needs and expectations. The tolerance for membership subscriptions or entrance fees is higher in North America as the cost of membership in general is higher than the Australian market. Currently in Australia the 18-34 age group represents 12.2% of the national golf club membership base (Source: Golf Australia - 2016 Golf Club Participation Report). With the population growing due to immigration and ethnic diversity increasing, opportunities exist to tap into new membership markets. Up until recently Europe was the number one country of origin for overseas born residents. The flow from Europe has been superseded by the flow from Asia. For the first time the 2016 Census shows that in New South Wales, China has become number one for overseas born residents while in Victoria India has taken over from England. The census reveals that nearly half (49%) of Australians had either been born overseas (first generation Australians) or one or both parents (second generation Australians) were born overseas. It is obvious that the needs and expectations of future golf club members will continue to evolve. A combination of long working hours, family commitments and financial pressures are some of the obstacles impacting millennials committing to the traditional membership options. Clubs that embrace the opportunity by developing a greater understanding of their internal market (their members and future members expectations and needs), their external market (club’s competitive position in the market) and a deeper understanding of the financial drivers of their business will be ideally positioned to make well considered strategic decisions. They will also be well prepared to manage the expectations and any tensions between the existing membership base and future members. At Global Golf Advisors, we understand the value of an annual survey to a club. While the concept is relatively new in the Asia Pacific market, annual surveys will record trends over time in changing attitudes and expectations, helping a club remain in tune with all demographic profiles particularly those groups such as millennials who do not historically sway decision making. For further information or assistance with Strategic Planning, Member Surveys or Strategic Intelligence please contact Paul Hinton, Director at Global Golf Advisors on phinton@ globalgolfadvisors.com or 0415 222 607. WWW.GMA.ORG.AU I 15