Tennis related ECONOMICS ASSIGNMENT..Help please..

[johnl]

Hey guys, i'm doing an economics assignment on tennis racquets in the economy. And I'm hoping that some of you could use your tennis knowledge to help me. I need any form of statistic or useful information with regards to tennis racquets, like, eg. which company holds the largest market share in the tennis racquet industry. Also, how sort of like, how many people in the world play tennis, how many courts there are? How fast is tennis as sport growing by? Tennis racquets...price inflation %? Anything would be great.

I need this sort of info..
If you could state your source that would be great..otherwise its ok

Cheers guys I really appreciate it.

 

[Duzza]

all i know is there is about a 300 percent mark up on racquets, thats what my eco teacher said

 

[diegaa]

whats your plan? i mean, its a statistic work or what?
i might be helpful.

 

[FuZz_Da_AcE]

my sister-in-law is national sales manager of pacific brands in australia, which just happens to be the parent company of dunlop. what i can tell you...a dunlop 300G cost-price is $250RRD, but RRP its about $375. work with that ratio. hope i helped.

 

[equinox]

That's bs. Rackets don't cost $250 to make even if you included marketing and RD + distribution. It's a huge ripoff, the entire industry is a scam.

 

[johnl]

whats your plan? i mean, its a statistic work or what?
i might be helpful.

I'm basically doing an essay on a specific good(tennis racquets) traded in a market..Dealing with opportunity cost, own price elasticity, production function(production process by which inputs are converted into output).
properties of its marginal cost...How prices are determined, geographic boundaries...looking for statistics as well as info to support my essay..
Cheers

 

[johnl]

my sister-in-law is national sales manager of pacific brands in australia, which just happens to be the parent company of dunlop. what i can tell you...a dunlop 300G cost-price is $250RRD, but RRP its about $375. work with that ratio. hope i helped.

What do u mean by parent brand? Does pacific make the racquets? and put it under the dunlop name?

 

[diegaa]

damn, thats a really tough work. specially getting the production function. u´ll have to modelize (sp?) a lot and assuming lots of stylized facts. besides, you´ll need to get both demand & supply functions...
what info did u collect until now?

 

[johnl]

damn, thats a really tough work. specially getting the production function. u´ll have to modelize (sp?) a lot and assuming lots of stylized facts. besides, you´ll need to get both demand & supply functions...
what info did u collect until now?

honestly man,,..not much, I have till thursday..ive got mostly info on price elasticity and such which is pretty self explanatory but with regard to production function..i basically have to create some models like u mentioned...represent each type of cost graphically.

 

[diegaa]

john, im sorry, i dont know where you can find that info, but if you have doubts about theorical work we can discuss it. Also i would really love to read your finished work.
here´s my email: dewafu@hotmail.com
good luck now.

 

[johnl]

john, im sorry, i dont know where you can find that info, but if you have doubts about theorical work we can discuss it. Also i would really love to read your finished work.
here´s my email: dewafu@hotmail.com
good luck now.

Thanks mate,,will ask if i have any queries..
Do you have msn by the way?
Cheers

 

[diegaa]

Thanks mate,,will ask if i have any queries..
Do you have msn by the way?
Cheers

yeap, the same.

 

[FuZz_Da_AcE]

What do u mean by parent brand? Does pacific make the racquets? and put it under the dunlop name?

simple - pacific brands own dunlop. for the record, they also own slazenger, julius marlow, bonds, candy, and countless other companies. lets just say theyre so big, my sis-in-law didnt apply, they looked for her...