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November 16, 2009

DeWalt vs Milwaukee vs Makita vs Bosch – Social Media

From time to time I like to look at the top professional tools brands and see what they are up to. Typically I’ll go to their various social media outlets to get the updates and I had a though, why not have one place and make it easy to find them all or better yet pit them against each other in a virtual Battle Royal.

Why is social media important for a power tool company? Obviously it’s important for any company to be involved in the communication about their own products. Please make it as easy as possible for us to get info on your company, events, promos, new tools and accessories.  Probably one of the best examples of a power tool company using social media (although not part of the showdown) would be the Ridgid Forum, here you get real professionals, company reps and lots of others asking talking about new products, applications, issues, events, etc. Why can’t all of them just have awesome forums where we can talk tools.

Milwaukee ToolsFaceBookYouTubeTwitter
For years it seemed like Milwaukee Tools was perhaps a little behind the times, they were first out with V28 tools with success but also had some misses. Over the past two years however I have been very impressed with what I have seen from the Red camp. With lots of very innovative new products and some real excitement all the way down the line these guys have good focus on professional customers and do a good job of getting info out in many different channels.

Makita ToolsFaceBookYouTubeTwitter
Makita Tools I think has understood the idea of being involved directly with customers for some time. Not only do they do a good job online but they tie it all in very nicely with their direct promotions/sponsorships in motor sports, MLS Soccer, the 53’ Experience Makita semi-truck, contests, sweepstakes and of course Miss Makita 2010 & Senorita Makita 2010. If there were a high school for power tools, Makita would probably be the coolest kid in class.

DeWalt ToolsFaceBookYouTubePro Blogs
The Yellow brand is by far the most popular of any tool brand and has been for years. They are focused on FaceBook and YouTube with plenty of good videos available on both. The Pro Blogs are a nice feature of their site. They also tie their online outreach in with DeWalt Racing & NASCAR driver Matt Kenseth which helps get more user/fans involved.

Bosch Tools(Social What Now)
It is kind of surprising Bosch doesn’t do more with social media. I feel like they do a great job getting info out to magazines and other traditional media. They have innovative new products and build product specific sites like www.boschdaredevil.com so obviously not afraid of being online. They are also good about getting info to other bloggers for new products. The lack of social media has got to be by design and perhaps they just don’t like to toot their own horns but it sure would make it easier for the rest of us to stay up on their products, promos, events, etc.

Who wins… got to give credit to the DeWalt for this one, mainly for their Facebook Page which has a ton of user interaction (and better weapons, photo for the DeWalt M16 from the Facebook page). I’m going to call second place a tie between Makita & Milwaukee, which is kind of a coop-out but I really have trouble picking here. Both are doing some good things in different areas but how do I pick between innovative new products and Miss Makita. Bosch takes a back seat for this round. Social media obviously has zero impact on tool quality but if you use it I guess you expect everyone else to as well.

   

November 03, 2009

Stanley Works Acquires Black & Decker (DeWalt, Porter Cable, Delta)

It was announced yesterday that after 4 attempts over the past 27 years Stanley Works has finally acquired Black & Decker in a $4.5 billion deal ($3.5bn stock & $1bn debt). Unfortunately this means about 4,000 additional jobs (10% of work force) will be cut from the business that has already seen dramatic cuts. Shareholders of Black & Decker will get 1.275 shares of Stanley stock and should see an increase in overall shareholder value from the merger.  

Stanley buys and sells companies faster than I can keep track, last year they sold CST/David White to Bosch Tools. It will be very interesting to see what shakes out from this deal. There are many arrangements behind the scenes with companies that have deals with Black & Decker to supply motors, parts, etc and they could potentially loose them under the Stanley brand. I guess the big question will be how will this effect the quality of the tools for DeWalt, Porter Cable and other brands. Black & Decker has had some problems in recent years with their loyal customers being disappointed in degrading quality. Is Stanley the answer?

In addition, both companies will host a joint investor lunch on Tuesday, November 3, 2009 at 12:00 p.m. ET in New York City. The live webcast of the meeting can be accessed at www.stanleyblackanddecker.com, www.stanleyworks.com and www.blackanddecker.com.  Read the Full Press Release Below:    

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September 02, 2009

DeWalt Impact Ready Accessories Specifically for Impact Drivers

DEWALT, a leading manufacturer of industrial power tools and accessories, is the first power tool manufacturer to introduce a new category of accessories to meet the growing demand for impact drivers. DEWALT estimates that North American sales of impact drivers have seen double digit growth, exceeding approximately $85 million in the past five years, among users who benefit from the compact size and high levels of non-reactionary torque provided by these tools. In order to accommodate the increased use of impact drivers to perform drilling and fastening applications, DEWALT introduced a new category of durable IMPACT READY™ accessories that are compatible with DEWALT impact drivers (DC827KL and DC825KA). DEWALT visited numerous jobsites to research end user needs and found that impact drivers were very popular; however there was a need for accessories that would address specific user demands:

Reduced bit breakage – users felt that existing bits were not durable enough to withstand the high levels of torque generated by impact drivers and were seeking accessories that would help to reduce the occurrence of breakage, saving money on replacement bits and improving productivity.

Improved versatility – contractors wanted to use their impact drivers to complete a wider range of drilling and fastening applications, but bits designed for durability in extremely high torque applications did not exist. Therefore, users were limited to using their impacts for a small number of drilling and fastening applications such as deck construction, hanging drywall into wood studs, and light assembly.

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