Popular on Rezul
- Manova Partners announces new restaurant tenant at 4 Columbus Circle - 121
- San Antonio Home Prices, Inventory, and Opportunities: December 2024 Update
- AmericasBestMarketing.com Launches Innovative Full-Service Marketing Program for Real Estate Agents
- Hendricks Property Management Joins Texas Public Radio as a Business Supporter
- Event Raises $63,000 for the HBA DOC Foundation's Workforce Development Programs
- Kaplan Morrell's Britton Morrell Named One of Denver's Top Lawyers of 2024 by 5280 Magazine
- Bannon Home Inspections Reaffirms Commitment to Charlotte, NC
- After 76 Years, Patients Are Still Denied Human Rights in U.S. Psychiatry
- Author Doyle Glass on a Mission to Preserve Vietnam Veterans' Stories for Future Generations
- Complete Sliding Doors & Windows Expands Service Area to Include The Villages, Florida
Similar on Rezul
- Genuine Hospitality, LLC Expands Leadership Team with Key Appointments
- K2 Integrity Appoints Markus Schulz as Chief Technology Officer
- Comp-U-Floor ERP to Showcase All-in-One Flooring Software at TISE 2025
- Pawganja Token: Redefining Cryptocurrency with Transparency and Philanthropy
- The Best Places to Go in Mexico in 2025
- SCOPY.ME - Revolutionizes Business Strategy Development with AI-Powered Platform
- The Dental Specialists in Newton, MA, Introduces Cutting-Edge 3Shape TRIOS 5 Intraoral Scanner
- Pikmykid Acquires Visitu to Enhance School Visitor Management Solutions
- Morningscore Secures $700k in Funding to Build the Next Generation of AI SEO and Expand Globally
- Acmeware and Interlace Health Join Forces to Revolutionize Downtime Solutions
Golfpay Relaunches as a Golf Software Cooperative, Promises to Transform the Golf Industry
Rezul News/10674414
Golfpay, an innovative golf course management software company, is proud to announce a strategic partnership with golf course operators aimed at shifting market power away from tee time aggregators and into a new business cooperative owned by golf course operators. The new business model will empower golf course operators with the technology and necessary business structure to undertake initiatives that are in the best interest of the cooperative.
SCOTTSDALE, Ariz. - Rezul -- In this deal, 1 Golf Ventures, LLC represents the cooperative, which will be owned and controlled by golf course operators. In exchange, 1 Golf Ventures will own a significant stake in Golfpay. Like cooperatives in other industries, the price of admission for golf course operators is to simply become customers of itself through the cooperative. By doing this over a fully integrated software platform, every operator can seamlessly connect with one another and create golf marketplaces quite literally, on the fly.
More on Rezul News
Currently, golf course operators individually spend tens of thousands of dollars every year on software and services from third parties. Through this new business structure of shared interests, golf course operators will, in effect, be reinvesting resources into a business they themselves own and control, rather than licensing software and services indefinitely.
One example of a new business initiative taken up by the group, previously under the exclusive control and ownership of third parties, is reciprocal golf memberships. In the new model, all profits go back to golf course operators, giving them greater financial flexibility to undertake other projects as a group or to reinvest profits back into their individual golf course properties.
The 1 Golf cooperative will be powered by Golfpay360, renowned for its patented booking technology, which will then become the default technology platform by which all these initiatives can be implemented.
More on Rezul News
Dale Merritt, the CEO of Golfpay, emphasizes the significant opportunity he sees with everything going through golf course operators, stating, "The golf economy is booming like never before. Technology-wise, there are all kinds of disparate systems out there causing breaks in the marketplace. That doesn't even consider internal and external politics, and third-party agendas that can scuttle innovation. We also recognize that golf course operators hold an important place in helping to grow the game and the business of golf. It's their relationship with golfers that is most compelling. Who else in the marketplace has this close of a relationship with the golfing consumer at scale? These relationships with golfers, and their ability to connect to other golf courses through the 1 Golf cooperative, now make it possible to scale various business programs very quickly."
More on Rezul News
- Kinship Pointe at McCook: Independent & Assisted Living, Joins Arcus Healthcare Partners Portfolio
- Genuine Hospitality, LLC Expands Leadership Team with Key Appointments
- New-and-Improved Caribbean-Food Website Dishes Out Free Ground-Shipping Offer; Affiliate Program Garnished with Generous Commission
- 2025 Brevard County, FL. Home Rental Forecast
- 50th Mount Dora Arts Festival set for Feb 1 and 2, 2024
Currently, golf course operators individually spend tens of thousands of dollars every year on software and services from third parties. Through this new business structure of shared interests, golf course operators will, in effect, be reinvesting resources into a business they themselves own and control, rather than licensing software and services indefinitely.
One example of a new business initiative taken up by the group, previously under the exclusive control and ownership of third parties, is reciprocal golf memberships. In the new model, all profits go back to golf course operators, giving them greater financial flexibility to undertake other projects as a group or to reinvest profits back into their individual golf course properties.
The 1 Golf cooperative will be powered by Golfpay360, renowned for its patented booking technology, which will then become the default technology platform by which all these initiatives can be implemented.
More on Rezul News
- CCHR Cites Newly Released Mind Control Records to Oppose Psychedelics
- K2 Integrity Appoints Markus Schulz as Chief Technology Officer
- Top Book Printer in Central Ohio announces expansion
- PRADO by Meritage Homes in Temecula – Stunning Residence 1-4 Floorplans!
- Riverwalk Village at Town Center | New Homes in Menifee, CA
Dale Merritt, the CEO of Golfpay, emphasizes the significant opportunity he sees with everything going through golf course operators, stating, "The golf economy is booming like never before. Technology-wise, there are all kinds of disparate systems out there causing breaks in the marketplace. That doesn't even consider internal and external politics, and third-party agendas that can scuttle innovation. We also recognize that golf course operators hold an important place in helping to grow the game and the business of golf. It's their relationship with golfers that is most compelling. Who else in the marketplace has this close of a relationship with the golfing consumer at scale? These relationships with golfers, and their ability to connect to other golf courses through the 1 Golf cooperative, now make it possible to scale various business programs very quickly."
Source: 1 Golf Ventures, LLC
Filed Under: Investment
0 Comments
Latest on Rezul News
- Enhancing Campus Safety for Women: The Blue Luna's New Initiative
- More high-priority SIGINT solutions were announced for Krypto1000 SIGINT software
- Maui's Banyan Tree Stands as a Symbol of Resilience and Hope
- SCOPY.ME - Revolutionizes Business Strategy Development with AI-Powered Platform
- Moonshot Announces 6th Annual 2025 Rural Arizona Pitch Competition Tour with Bilingual Resources and Mentors
- GreenPointe Developers Welcomes Jeff Murray as Division Manager of the Florida Space Coast Region
- The Dental Specialists in Newton, MA, Introduces Cutting-Edge 3Shape TRIOS 5 Intraoral Scanner
- Real Estate Continuing Education offered by Carey Home Inspection
- Pikmykid Acquires Visitu to Enhance School Visitor Management Solutions
- Project EverGreen's SnowCare for Troops Program Helps Military Families Weather the Winter During Awareness Month in January
- Commercial Real Estate with Heartland Commercial Property Inspections
- Celebrate Love in Style: Introducing the Signature Summer Bundle for 2025 Weddings
- MileMark Explains Latest ABA Rules On Attorney Advertising
- Moreno Work Group Unveils Innovative "Target Marketing" Approach to Sell Homes Faster, for More Money
- The Annual Kingdom Day Parade Celebrates 40th Anniversary With Its " 40th Annual Kingdom Day Parade"
- Mastering The 2025 Housing Market: Thriving in a Shifting Landscape
- PulteGroup breaks ground on new mortgage-free home for Wounded Veteran in Wells Landing
- Morningscore Secures $700k in Funding to Build the Next Generation of AI SEO and Expand Globally
- AllTech National Title Partners with First Choice Settlement to Expand Presence in New York
- Certified Nutraceuticals Partners with Colorado Researchers for Groundbreaking Study on KollaJellâ„¢ and Brain Health