Funeral costs

The survey is in and the results say that even Seniors prefer a “Celebratory” approach to funerals

By Funeral Director Daily / December 14, 2023 /

  There is no doubt that trends move faster today than in the past.  That is probably because “news” moves faster also so it is easier and quicker to “get the word” out.  It is also apparent that trends are merging towards conformity world-wide. . .especially in the English speaking world.   The “Cost of…

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What is “Services” inflation and does it matter for funeral service?

By Funeral Director Daily / June 12, 2023 /

      This week may turn out to be one of the most consequential in recent times as to showing a direction as to how the economy turns going forward.  There seems to be a lot of positive movement in the American economy at this time as just last week the S&P 500 worked…

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The Producer Price Index and what it may mean for Death Care in 2023

By Funeral Director Daily / December 12, 2022 /

I was on my way to a local chapter board meeting of Junior Achievement on Friday morning and listening to business radio.  It was at that time that the Producer Price Index (PPI) for the month of November was announced as well as was the PPI for the service industry.  Just for the record, the…

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The cost of a funeral

By Funeral Director Daily / July 21, 2022 /

I recently saw an article in The Hustle that compared the cost of three family outings in 1960 to the cost of those three family outings in 2022 — a period 62 years later.  And, just because I like to compare those types of things with all things “funeral”, I searched out prices that puts…

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Article: “Funeral industry trying to hold the line as costs soar”

By Funeral Director Daily / July 6, 2022 /

Over the holiday weekend Fox Business published the article referred to in our headline here.  It’s an article that is actually positive to the funeral industry but does tell of the fact that eventually, as costs rise, funeral costs to consumers will have to rise also. The article points out that even though the United…

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The Cost of Cremation

By Funeral Director Daily / May 13, 2022 /

Earlier this week I came across this article on how the State of Hawaii is now poised to become the 22nd state of the United States that will legalize alkaline hydrolysis.  I’ve said before that even though it has been since 2003 that the first state in the country legalized alkaline hydrolysis — that’s almost…

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College research shows distinction between preneed and at need funeral purchases

By Funeral Director Daily / June 7, 2021 /

An article entitled “Relational Spending in Funerals:  Caring for others loved and lost” appeared in the March edition of the Journal of Consumer Psychology.  The research for the article was done by assistant marketing Professor Sarah Whitley of the University of Georgia’s Terry College of Business. In this article about the study you can read…

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Watch your costs to hold onto profits

By Funeral Director Daily / May 18, 2021 /

When I last wrote an article pertaining to inflation one of Funeral Director Daily’s readers contacted me to tell me that his studies indicated that funeral pricing increases did not always correspond with inflationary rates or the rise of the Consumer Price Index.  Sometimes funeral pricing was higher and sometimes it was lower than the…

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On looking back. . . .and moving forward (Part 1)

By Funeral Director Daily / April 15, 2021 /

Earlier this month Carriage Services CEO and Chairman Mel Payne put out a lengthy shareholder letter.  We found it a great read, not only to catch up with what is happening with Carriage Services, but as an aspirational blueprint, that if followed could lead to success in almost all funeral homes.  Payne even points out…

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Do we listen to the consumer

By Funeral Director Daily / March 4, 2021 /

Funeral home owners, cemetery operators, preneed professionals.  We’re the experts in the death care profession.  We know the business, we understand the clientele, and we know what is good for everybody.  Or do we? I’m guessing that is somewhat how the buggy whip manufacturers, horse livery operators, and sales reps in that industry thought of…

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