The Economics of Everyday Things

Used Golf Balls (Replay)

11 snips
Feb 24, 2025
Todd Hutchinson, president of BallHawker, dives into the fascinating world of used golf balls. He reveals that American golfers lose around 300 million balls annually, creating a unique business opportunity for recovery. Todd discusses the economics behind lost golf balls, the surprising market evolution, and the hidden ecosystem of this niche industry. He shares anecdotes about the risks and rewards of golf ball diving, shedding light on the profitability of reclaiming these watery treasures, all while emphasizing the environmental impact of recycling.
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INSIGHT

Golf Ball Costs

  • New golf balls can be expensive, ranging from $20 to $50 per dozen.
  • High-end balls favored by many golfers can cost $4-5 each.
ANECDOTE

Ball Hawkers

  • In the early 1900s, "ball hawkers" used trained dogs to find and sell lost golf balls for 10 cents each.
  • The used golf ball market boomed in the early 2000s due to the internet and improved golf ball technology.
ANECDOTE

Used Ball Business

  • The used golf ball industry is now estimated at $200 million.
  • Lashon Wanigatunga started his used golf ball business, 'Two Guys with Balls', after finding a neighbor's collection.
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