funeral trends
The first thing I will comment on is that if you look at the image I have put on this article, it should come with a question mark at the end. If you have followed my writings for any length of time you know that I like to try to spot trends and then hypothesize…
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We are in the period of public companies reporting their 3rd Quarter results to the world and it is only a couple of weeks before Hillenbrand, parent company of Batesville Casket Company, and Matthews International, parent company of Aurora Casket Company will give us those results. As most of you know, those businesses have generally…
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Over the years I’ve moved from really long-range planning about my business to a method where I plan for shorter durations. I think my move has coincided with many who have went from developing long range “strategic” plans to plans that are shorter in duration, less set in stone, and allow a business to be…
Read MoreEarlier this week I came across a couple of articles that tell the toll of funeral directors and funeral home operators who have operated in the COVID-19 environment. After reading them I think it is very difficult for those of us, who have not been on the front lines of arrangements or financial management of…
Read MoreCision PR Newswire published the results of the Foresight Companies 2020 Funeral and Cemetery Behavior Study on Wednesday. You can see the Cision article here. In it they mention that this survey was based on 2,548 respondents “drawn from a nationally representative panel sample of U.S. residents.” Chris Cruger, Partner and Chief Operation Officer at…
Read MoreAccording to this article from the Minneapolis Tribune but syndicated by the New York Times, “when Louise Rafkin posted a photo of her mother on Facebook the night of her death at age 98 in September with her golden retriever at her side, it rattled some family members and friends.” “The Facebook post was a…
Read MoreWhen I was growing up and in elementary school in the 1960’s there was a saying about Presidential elections. That saying was, “As Maine goes, so goes the nation”. What it meant was that the state of Maine had an uncanny ability to vote with the winning candidate in so many elections. In today’s left…
Read MoreWe have written that funeral wishes and choices by the consumer is ever expanding in the death care market. We have written that the choices and alternatives outside of traditional earth burial and cremation continue to expand. Last October we wrote about a process, created by a company called Coeio, in which a deceased is…
Read MoreI’m a history buff and I love to look back and learn what has happened in our country. I’ve found that many times a “precipitator” happens and that event or group of events causes history to happen. I was running on my treadmill the other morning watching CNBC for business news and Fox News for…
Read MoreThe other day a funeral service professional asked me, “What do you see on the horizon for funeral service?” Since I have not put out any predictions for over a year I thought I would just give an answer on what comes to mind first for me. Instead of a long, thought out answer sometimes…
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