Market Research

June 1, 2017

Community Contributions – Finance 101

The fine line between donations and advertising.   Dear Dan, I am embarrassed to write this letter and will be even more embarrassed if you publish it. Now I know why you have fake names at the end of each letter. I am a 120-call business in a small town, and my competitor, who is the same size, is two blocks away. Neither of us are making much of a living, but we continue to fight for each call like our fathers and grandfathers did. Every week, I get at least five requests from churches, local organizations, religious groups and schools for “advertising.” These are nominal and generally amount to between $25 and $200. Little League wants new T-shirts, the high school yearbook wants ads, the senior center needs donations, etc. While each request is not a lot, last year, […]
May 25, 2017

From passé to progressive: Rethinking personalization

My objective for this article is to challenge readers to consider refreshing stale practices developed over the last few years. In addition, I challenge you to take a new view of what has become “passé” (for my fellow preppy rednecks, that means the same old thing) in many funeral home and cemetery operations. Offering keepsakes and personalization has become a staple in our business, but in some cases, the way we’re going about it is making us lazy and failing the families we serve. I wonder whether keepsakes and personalized products have the same value to the families you serve as they do to you. From a historical perspective, keepsakes to remember the dead have been around a long time. Just for reference, the Webster’s Dictionary definition of keepsake: “(noun) something given or kept as a memento.” It is interesting […]
May 7, 2017

The Right Fit

The Right Fit Placing personnel where they will flourish and training them for success.   By Jeff Harbeson   The funeral profession is facing a crisis, and it’s not cremation, it’s not foreign caskets, it’s not even online funeral providers, it’s ­people! Right now, there are more funeral directors leaving the business, either by retirement or simply quitting, than are entering. In my lifetime, I have been bombed, shot at and cut, so if readers get their starched boxers in a twist, so be it – I ain’t scared. The truth is that we (in the profession) are our own biggest enemy. That’s right – the king is butt-naked. In this country, each state has individual requirements to enter this profession. The regulations range from zero licensing to dual licensure with a four-year bachelor of science degree. I’ve been around […]
March 17, 2017

Choosing A Preneed Insurer

Consider the many variables that come into play when making this decision for your firm. Dear Dan, I have a new funeral home and am ready to decide between two preneed insurers. Each has its own marketing company that will do the local selling for me. One gave me a good pitch that focuses on the strength of its financial assets. The other told me that all insurers are the same but that they have a better marketing plan. So, if it were you, which would you choose – strong financials or the ability to put more business on the books? Signed, Preneed Dependent in Portland Dear PDP, You have narrowed down your search to two very candid and easily differentiated third-party marketing (TPM) companies. If one is going to focus on more sales, that will help you build your […]
March 17, 2017

Social Media is Changing, Are You?

The world of funeral service requires financial conservatism in its approach to business. This world, inhabited by multigenerational audiences of providers and customers, also requires authenticity and is in dire need of concise and clear communication. Finally, in the funeral world in which we exist, relationships come first. If you agree that these viewpoints are on target, can we embrace, with our technology environment, the consequences of socially evolving? Although I am not a legend in the profession, I have memories of funeral services from my childhood on my father’s side of the family. For the small South Carolina town, where 11 generations of my relatives rest in a church cemetery, a funeral was indeed a social event. A front porch light left on at the local funeral home was a signal to the community that a body “was in […]
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