Is PXG going out of business?

[HateTheHighDraw]

Their prices dropped when they went DTC, pretty simple market reality and smart by them. 

[Davethegolfer]

Unfortunately we are still getting stiffed on price in Australia.

 

https://www.golfbox.com.au/clubs/pxg-gen4-0311-t-irons-steel-shaft/

[PEI_Golfer]

8 hours ago, ssfranny said:

They do ship to Canada now

Shipping to Canada and dealing with having a presence (sales reps) in Quebec are 2 very different things.

[BirdieBob]

8 hours ago, ssfranny said:

Gen4 is $219 Heroes and if I had bought these 3-6 months ago Id be POed.   Gen3 now $129 Heroes and no more Gen2 

 

The G4 ST is only about three weeks into production.  Bought them right away and now with the price drop bought some more of the same.....can't hurt to have duplicates!  

🤪

And they look and perform great next to my G4 T which I also bought two weeks ago at higher prices and arrive tomorrow.

Don't be PO'ed buy PXG!!

Edited September 2, 2021 by BirdieBob

[tsecor]

12 hours ago, Lefty87 said:

Thank you for your personal opinion. I don’t think Mr. Parsons cares one bit. PXG is spreading like wildfire. 

lol

 

 

[PDWALKER]

I think that PXG "Ping X Employee Group" Is just trying to take a strong share of the market so people will stay loyal to them in the future. 

[RacineBoxer]

I was thinking about this on my hour long drive home last night after being fitted at PXG Chicago and buying a Gen 4 0811 X.

 

When PXG started, 2014-2015, they obviously marketed themselves as having high quality, highly engineered, high cost, products. Everyone knew they had a couple Ping guys there. They had immediate credibility. Now, we see super low prices and tons of people are scratching their heads wondering WTH happened. Maybe this was the plan all along (maybe not)? You bring out products that no one can question their quality (because of price really) and engineering, gain credibility, then flip the script and offer those same products much cheaper than your competitors.

 

1. If PXG came out first with low budget equipment I'm not sure they would've been taken seriously. And they might not have been able to startup a new business on a high volume/lower margin business plan. A lot more risk with that, especially if they don't get immediate credibility.

2. If we're all honest, drivers (and most equipment) hasn't improved hardly any since PXG was founded in 2014. Many youtubers have done videos where they show drivers from 2015-2017-2019 keeping right up there with the latest and greatest (as long as you're properly fit). Often times within 1-3 yards. We're mostly splitting hairs these days and a lot of it is just optimizing through fitting. Is the 2021 Sim2 really that much better than the 2017 M1 or M2 drivers (if properly fit)? Is the 2021 Callaway Epic Speed really that much better than the 2017 GBB Epic? The answer is no.

3. We consumers are paying $550 for new drivers and most of it is marketing gimmicks. Imagine if TM and Callaway were both making something very-very similar to the M1/M2 and GBB Epic in 2021 (same tooling, same lines that have been enhanced/made more efficient/etc.) I'm sure they could be churning them out and selling them for $249-299. But they don't want to. They need to completely reinvent themselves every 2-3 years to keep their premium price tag relevant. Again, if TM just tweaked their M1/M2 lines a little bit every year but kept the tooling, production... everything else the same, how cheap could they be selling those drivers today? 

[Abh159]

13 hours ago, RainShadow said:

That's the TaylorMade model, although they've toned it down a bit. 

At least PXG isn't promising 7 more yards with each new model....LOL

 

 

All of the OEM's are definitely guilty of hyping up their new clubs each year when we all know that it really isn't that different from the previous year's model. 

 

At least TM (and all the others) don't start out charging $200 - 300 for a single iron though. 

[snagy2000]

14 minutes ago, Abh159 said:

 

All of the OEM's are definitely guilty of hyping up their new clubs each year when we all know that it really isn't that different from the previous year's model. 

 

At least TM (and all the others) don't start out charging $200 - 300 for a single iron though. 

Ping has... If I were you I'd buckle in, the ride's going to get bumpy if price matters to you...

[snagy2000]

44 minutes ago, BirdieBob said:

 

The G4 ST is only about three weeks into production.  Bought them right away and now with the price drop bought some more of the same.....can't hurt to have duplicates!  

🤪

And they look and perform great next to my G4 T which I also bought two weeks ago at higher prices and arrive tomorrow.

Don't be PO'ed buy PXG!!

No one ever talks about the wins when their driver goes from $299 to $399... 😂

[golfnhack]

12 hours ago, meh said:

Pretty rich coming from someone in the us of a. No country has done more to destroy the English language than the one you reside in.

I would however get a laugh when you say "I like to rub my hard wood deck with oil to make it nice and shiny"

[BIG STU]

On 8/31/2021 at 5:45 PM, Benkross said:

By going Direct to Consumer, they are able to make the same amount of money while charging significantly less. They've spent years building a brand and now are about to reap the benefits. New Level and Sub 70 are starting to get real traction and they have Zero money compared to Bob Parsons. 

I think Doug Barrons on the Senior Tour is playing Sub 70. Never did see his bag but his caddy was wearing a Sub 70 hat

[BIG STU]

On 8/31/2021 at 7:56 PM, farmer said:

I don't have any particular feeling about PXG, but I wish their commercials weren't annoying.

I do not know about being annoying but to me they are funny. One of my Friday afternoon group and Sat Scramble buds plays a PXG driver and hits it a ton when he finds the fairway ( not PXGs fault) But when he smashes one we do the Pig squeal thing. LOL for a while we did it every shot he hit with that thing

[BIG STU]

13 hours ago, meh said:

Pretty rich coming from someone in the us of a. No country has done more to destroy the English language than the one you reside in.

LOL  Those of us in the Southern USA take pride in destroying the Queen's English. We have a family in church from New Zealand and I can understand them fine. In fact the Grandmother I got her to watching the LPGA because of Lydia Ko--- Granny does not play golf and neither do any of the family but she loves Lydia

[ssfranny]

1 hour ago, snagy2000 said:

Ping has... If I were you I'd buckle in, the ride's going to get bumpy if price matters to you...

Yeah the MSRP on the Ping i59 is $275 per iron

[ssfranny]

35 minutes ago, BIG STU said:

I think Doug Barrons on the Senior Tour is playing Sub 70. Never did see his bag but his caddy was wearing a Sub 70 hat

Tommy Armour is playing a namesake set of Sub70

[GoGoErky]

1 hour ago, RacineBoxer said:

Now, we see super low prices and tons of people are scratching their heads wondering WTH happened. Maybe this was the plan all along (maybe not)?

It was and if anyone wants to understand more listen to the no putts given podcast where he was one of the hosts. He talks about how he does things and why

[Milfordlefty]

Guys, recognize, the only demographic who have any idea who PXG is, are GolfWRX members or watch Golf Channel. The average daily fee golfer has no idea who PXG is or seen one of their clubs. The optics based on where you golf and who you golf with correlates to a group think. You do recognize their are many golfers who still feel $299 for a driver is a lot of money for their budget. JMO

[RacineBoxer]

22 minutes ago, Milfordlefty said:

Guys, recognize, the only demographic who have any idea who PXG is, are GolfWRX members or watch Golf Channel. The average daily fee golfer has no idea who PXG is or seen one of their clubs. The optics based on where you golf and who you golf with correlates to a group think. You do recognize their are many golfers who still feel $299 for a driver is a lot of money for their budget. JMO

 

Yeah, I play in a golf league where half the members have equipment is that 15+ years old, some 25+ years old. A high handicapper that I play with who has decent swing speed for a 60 year old plays a steel shafted 3 wood that has the small metal head from the early 90's. It amazes me that he wouldn't buy a used 3 wood that is 5-10 years old for $25. 

[Lefty87]

2 hours ago, Abh159 said:

 

All of the OEM's are definitely guilty of hyping up their new clubs each year when we all know that it really isn't that different from the previous year's model. 

 

At least TM (and all the others) don't start out charging $200 - 300 for a single iron though. 

New P790 - $186/iron

New T200 - $186/iron

New Apex - $185/iron

Ping i59 - $250/iron

 

 

 

[PEI_Golfer]

1 hour ago, Milfordlefty said:

Guys, recognize, the only demographic who have any idea who PXG is, are GolfWRX members or watch Golf Channel. The average daily fee golfer has no idea who PXG is or seen one of their clubs. The optics based on where you golf and who you golf with correlates to a group think. You do recognize their are many golfers who still feel $299 for a driver is a lot of money for their budget. JMO

 

This is usually completely lost on the wrx community and how much reach/pull they think they have in reality.  When in reality, they are but MAYBE 2% of the golfers in NA, let alone the world...

 

There is likely more people playing this month that have a full bag of 10-12+ year old gear than the entire wrx community times 5...

[qtlaw]

I've been hitting my Cobra Amp with stock Fujikara shaft for 4 yrs and love it.  Only new stick since then was a Scotty Newport 2.  Wasn't looking for any change then saw the Aug sale for PXG drivers so for $299 what the heck (but didn't see the $30 shipping).  Got to say, ordered Friday, got today and the packaging was excellent, double boxed for just the driver.  Yes I was thinking that PXG was a premium brand based on earlier prices but $299 for a 2021 tech club was worth a shot.  We'll see this weekend.  PXG has discounted prices (which will lead to lowering price expectations in future) but its not like when Hogan irons went from the premium brand to the "name" brand at some discount place like KMart (that happened right?)

[BirdieBob]

On 9/1/2021 at 6:14 AM, BirdieBob said:

 

FYI,

The Gen4 ST blades are now............wait for it..............

$249!!!

No need to wait 6 months.

 

AND..........

 

Gen4 T, P, XP ......... $229/ea!!!!

 

Milled wedges....... ERROR EDIT....Not $249/ea!!!!!..$299

 

Milled Wedges.............

Its back @ $249!!

Black @ $299

 

Must be coming out with a newer model perhaps has the weight screw in the back.

 

....AND G4 Drivers back down to $349....

 

 

Edited September 6, 2021 by BirdieBob

[Shilgy]

On 9/1/2021 at 12:52 PM, laopadak said:

New PXG customer here- Been renovating so I've yet even played a round with my new Gen 2 0311XF irons, putter and wedges. Only reason I changed brands was the huge price drops they've been having and will continue to have. One major turn-off though is the continuation of price drops- My irons went from $129 each down to $89 each. The did give me store credit so I'll applaud them for that but then I decided to get a lob wedge, didn't want to pay $169 and ridiculous shipping so I found one on the bay. Looked today and the wedges are now $129...Same price I paid for used. 

 

Resale value is something of importance to me and others, I'm sure. If I dumped my clubs today, probably couldn't get what I paid for them just 2 months ago. Just saying, their business model now is really turning me away from the brand and I've yet hit a ball with my new set-up. 

All of wrx wants to know exactly what brand holds 100% of value after two months of play. 😏

[Mitchell]

15 minutes ago, Shilgy said:

All of wrx wants to know exactly what brand holds 100% of value after two months of play. 😏

Since he stated hasn’t played a round with them or even hit a ball, his disappointment hardly seems unwarranted. Would be nice if people actually read the post before posting a sarcastic response.

[FlyingRev]

The pricing model (schemes) that PXG uses has made me avoid seriously considering the clubs. $800 drivers (vanilla shaft), then exhausting that revenue model, they come back down to reality, when people realize that an $800 driver does not perform better than a $499 driver.

 

What is that old saying? A fool and his money are soon departed.

[moko jumby]

price could be -$250 and i still wouldnt play PXGs

[Shilgy]

32 minutes ago, Mitchell said:

Since he stated hasn’t played a round with them or even hit a ball, his disappointment hardly seems unwarranted. Would be nice if people actually read the post before posting a sarcastic response.

Wasn’t sarcastic at all but good point…I missed they were not played.

[snagy2000]

26 minutes ago, FlyingRev said:

The pricing model (schemes) that PXG uses has made me avoid seriously considering the clubs. $800 drivers (vanilla shaft), then exhausting that revenue model, they come back down to reality, when people realize that an $800 driver does not perform better than a $499 driver.

 

What is that old saying? A fool and his money are soon departed.

 

28 minutes ago, moko jumby said:

price could be -$250 and i still wouldnt play PXGs

I'm pretty sure they're not missing your sales... Unfortunate such biased opinions lead you to play overpriced clubs...Your money though...

 

What is that old saying? A fool and his money are soon departed.

[GFish]

 I am really disappointed how PXG devalues their current generation of irons, drivers and Sugar Daddy wedges.  Really bad business practice and I doubt I will purchase their product again.   Makes you wonder if they have financial issues.  Premium companies like PXG once was, just don’t do that.  

 

I have a full set of everything current PXG and think I might be done with them.  I know most golf companies lower their prices, but not to the extent PXG has since Covid and it is even worse this year.   Sure operating like a company with financial issues and not one with the premium product.