It's not been my style to talk about specific competitors publicly unless it's something positive.
Sometime around September '07 one of our major competitors, PlusPOS closed up shop. From what I hear from those who've been in this business longer than I, they were the first company to offer sporting goods to sports officials... a pioneer really. From what I gather, they have been for some time #2 in sales in this industry out of what I count is 20+ companies.
Other #2's
For fun, even though it's comparing small apples to big ones, here are some other #2's in their industries: Delta Airlines, Dell Computers, ABC TV and Toyota. Imagine if one of those went out of business suddenly and how that would affect others like them.
Now that
PlusPOS is no longer a competitor, this post is not intended to be my launch pad to begin talking bad about them.
Others have done plenty of that.So how do I feel about it?You'd probably think I'd be overjoyed. Not exactly. On a personal level, I can't help but feel for the people who worked so hard to build it up. I have a lot in common with the powers-that-were there as a fellow entrepreneur, small business owner and officials' supplier. In addition, how could you not feel vulnerable? I mean if it could happen to them, it could happen to us.
A Further Increase in BusinessOn a practical business level, we have been taken a little off-guard. For instance, we had planned for strong growth for the '07-08 basketball season but felt an unexpected added push from their closing that left us in November and December working a little harder than usual and worrying a little more about whether we'd have enough inventory for the rest of the season. I guess you could call that a good problem to have.
Spring '08As for baseball season, who knows. We were planning on a nice spring even before they closed and are trying to figure in the coming added push that we didn't figure in for basketball (wrestling, too).
You can read about some of our in-house improvements in my last post.
But as
PlusPOS was stronger in baseball and softball who knows just how much of an added push that will be. I feel a little like we're shooting in the dark and that it will take until March or April when the sun comes up to see if we actually hit any of the right targets.