Tag: direct cremation

Business

Death Care and the possible new orientation

Yesterday we published an article dealing with the potential $1 billion value of a consolidated group of companies that serve the death care space.  Yet, to my knowledge, not one of these companies deals with the physical aspect of taking care of the deceased human being.   I was, and still am,  somewhat astonished at that amount of money for some companies that, in my opinion, are ancillary to what I would call “the process of death care”. It made me […]

Cremation Products

The two Nike guys out to disrupt the death care industry

I came across this recent article from Seed Investor entitled “Solace co-founder David Odusanya on the impact of COVID-19”.  The article intrigued me, not because of the COVID-19 fact, but because I knew that Solace was the company founded in Portland, Oregon, by two Nike executives to enter the low-cost direct cremation market. According to the company web-site, Solace provides direct cremation with “Concierge Level Support” thru Solace Care Teams for $895. The death care space has historically been won […]

Finance

Catching up with Tulip Cremation

Last spring Funeral Director Daily published an article on the inception of San Francisco based Tulip Cremation.  You can read that article here.  In it, we had talked that we had been at an industry get together at that time and a lot of talk revolved around how Tulip Cremation, and its internet direct to the consumer business model, would play out. As we wrote in that article, Tulip Cremation had launched and their web-site showed that they were operating […]

Business Cremation

Will Tulip Cremation make a difference

I mentioned earlier this week that I spent last week in Las Vegas with about 150 people in our profession.  Lots of items get bantered about at this event and one that was visited about quite frequently last week was the opening of Tulip Cremations. While I have only anecdotal knowledge of Tulip Cremation, I have checked them out on their website (www.tulipcremation.com) and tried to learn as much as I can about them.  Here is some of what I […]

Cremation

“Hands On” Cremation

I recently read an article from the Post Register of Idaho Falls, Idaho that pertained to the Wood Funeral Home of Idaho Falls and Ammon, Idaho building a 4,000 square foot facility to cater to cremation choice families.  You can read the article here.  My original intent after looking at the article very briefly was to write an article on the financial aspects of owing your own crematory as compared to serving cremation families by sending your cremations to a […]

Business

Church Attendance and “DCNS”

In the past week two things have happened that have made me ponder the relationship between those two things.  About a week ago I visited a rural funeral home that for years had done a very high majority of traditional funeral services that included embalming, visitation, casketed remains, a burial vault sale, and all the professional services a mortuary could provide.  When I visited with a couple of the funeral directors in their offices I noticed a white board with […]

Business Cremation

The Revenue Drop

While I did not attend the recent National Funeral Director’s Association gathering in Salt Lake City, I recently visited with an attendee about the gathering.  One of the things that this veteran funeral director told me was that he cannot remember a time when so many traditional funeral home owners talked about revenue declines and the havoc they could lead to in the traditional industry. We all know what is causing revenue declines — it is the continued growth of […]

Cremation

Distance from major city forces cremation prices Higher

Over the weekend I read an interesting article from the British publication Moneywise, which you can read here.  The article was titled, “Cremation monopoly force prices Up” and deals with, what I would call cremation prices outside of a major metro area. For the sake of this discussion, I believe that the definition of cremation used would be as follows, “a direct cremation is when the deceased is cremated shortly after death with no family members or friends present.  The […]

Business Cremation Products

Pure Cremation Secures $10 million in Venture Financing

Pure Cremation, the company that was started in the United Kingdom in 2015 recently announced that it will have received a total of US $10 million in funding for its low cost model of simple cremations following death.  According to this article from Evening Express which you can read here, Elliot Kaye, an investment director at Puma Investments said this of the company, “his firm is putting money behind what he hopes is a winning combination of an experienced management […]