I think we can all agree that from shifting consumer preferences to declining revenue per call, the funeral profession is facing challenges. Shifting consumer preferences are largely driven by the decline of religious folk and the increase of the “nones” (people that claim no religious affiliation). The culprit responsible for the decline in revenue is funeral home owners and managers’ inability to price services properly, not the “rise in cremation” we are so quick to blame. Funeral homes that serve exclusively along racial, religious or cultural lines have all the before mentioned challenges, plus some different challenges. Often, in large populated areas, we see funeral homes exclusively serving narrow segments of the community. For example, Jewish, African-American, Irish Catholic, Italian Catholic, Hispanic, Asian, and Orthodox Greek funeral homes serve narrow vertical markets. As you can see, even though some of […]