Source:
Episode 33 - HFW Industries G3 & G4 Discuss Digital and Social Media Tools to Help Attract Manufacturing Talent and Customers
Summary
HFW Industries is a fourth-generation family business that manufactures and reconditions industrial equipment. They specialize in surface treatment enhancements for industries such as chemical processing and energy.
The company has embraced social media, particularly LinkedIn and Instagram, as part of their marketing strategy. They use these platforms to showcase their work, engage with customers, and attract potential employees.
The management team, including second, third and fourth generations, discusses strategy and makes decisions together. They prioritize quality over quantity in their social media posts and aim to create a positive brand image.
In this conversation, Jack and his father discuss:
the importance of creating an attractive work environment
the changing demands of the workforce
the challenges they face in finding and retaining skilled employees.
They also share their experiences with social media and how it has helped them connect with other businesses and potential customers. They emphasize the value of in-person interactions and the need for companies to adapt to new technologies and marketing strategies.
Finally, they share how content has helped them build trust with customers and the role of content and social media in showcasing their expertise and solutions.
Takeaways
Family businesses in the industrial manufacturing sector face unique challenges when it comes to ownership transitions and adapting to changing business norms.
HFW, Incorporated has successfully embraced social media, particularly LinkedIn and Instagram, as part of their marketing strategy to showcase their work, engage with customers, and attract potential employees.
The company prioritizes quality over quantity in their social media posts and aims to create a positive brand image.
The management team, including both the second and fourth generations, discusses strategy and makes decisions together, emphasizing the importance of collaboration and a shared vision. Creating an attractive work environment is important for attracting and retaining skilled employees.
The demands of the workforce have changed, and companies need to earn the respect and trust of their employees.
Sales is a crucial aspect of the business and requires a deliberate and focused approach.
Social media can be a powerful tool for connecting with other businesses and potential customers.
In-person interactions are still valuable and can help build trust with customers.
Companies need to adapt to new technologies and marketing strategies to stay competitive.
Building trust with customers is essential, and content and social media can help showcase expertise and solutions.
Takeaway Quote from Matt & Jack Watson
"Arc thrives on problems and invites companies to bring their problems to challenge them."
Check out HFW Industries' website
LinkedIn: Matt Watson , Jack Watson, and Ed Marsh
Twitter: HFW Industries and Ed Marsh
Instagram: HFW Industries and Ed Marsh
YouTube: @HFWIndustries and @EdMarsh
Show Transcript
Chapters
00:00 Introduction and Overview 02:01 HFW Industries: Manufacturing and Reconditioning Industrial Equipment 08:26 Transitioning from Printing to Chemical Processing and Power Generation 13:27 Harnessing the Power of LinkedIn in the Manufacturing Industry 20:13 Engaging with Followers and Building Connections on Social Media 25:59 Emphasizing Quality and Cleanliness in Operations 31:42 Collaborative Strategy and Decision-Making at HFW Industries 35:32 Creating an Attractive Work Environment 38:30 The Importance of Sales 41:47 Balancing Work and Family 48:03 Using Social Media to Connect with Customers 52:16 Content Creation and Scheduling 55:03 The Challenges of Sales 58:24 The Value of In-Person Interactions 01:06:28 Getting Started with Content and Social Media 01:09:20 Targeting Specific Industries
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