December 21, 2020
Published by 
Gabriel Ngo on December 21, 2020
Gabriel Ngo on December 21, 2020“Science and technology revolutionize our lives, but memory, tradition, and myth frame our response.” – Arthur M. Schlesinger (Historian) As always, I like to begin with a quote…firstly, to hopefully whet the brain’s appetite a little for the reader, and secondly, to provide somewhat of a theme for what I am about to write. In our recent Foresight Focus White Paper entitled Five Ways Technology Is Changing The Profession, we highlighted certain findings from our 2020 Foresight Funeral & Cemetery Consumer Behavior (FFCCB) Study on how the pandemic had changed consumer behaviors and forced our profession to adopt technology in order to continue serving families. Those five highlights included the following: Investing in and embracing technology. Becoming comfortable with virtual communication. Being transparent with online information. Making it simple for consumers to interact with you. Failure is an option. For […]
December 21, 2020
Published by 
John McQueen on December 21, 2020
John McQueen on December 21, 2020The late Winston Churchill said it best when he said, “Fear is a reaction; Courage is a decision.” As we usher in a new year and what appears to be a new administration in power at the federal level, there is one certainty on the horizon…change! Some changes many hope to see include the eradication of the COVID-19 virus, elimination of masks and other restrictions, and the return of freedoms we all enjoy. Other changes bring worry and anxiety over the strong likelihood of increased income tax rates, including capital gain hikes, the effects of the rising minimum wage, and the potential for sweeping legislative changes that may negatively impact your business. Although we may not be able to alter the course of history moving forward, we do have the ability to choose whether to react with fear or to […]
December 21, 2020
Published by 
Doug Gober on December 21, 2020
Doug Gober on December 21, 2020We want to continue to provide you with insight and guidance on Pricing. For this month’s column, we spoke with Doug Gober again as he answers more popular pricing questions. Continue reading below as we provide information on competitor pricing and package pricing! Question: Should I match my competitors’ prices? Doug Gober: The critical element of pricing should be how you want to be seen in the marketplace. Because the market is so segmented, it is challenging for a funeral home to be all things to all people. It would be beneficial to define who you want to be in the marketplace rather than who and how your competitors are. This idea of determining your position is certainly more important than seeing what your competitors in the market are doing. In some cases, you may not be at the same […]
December 21, 2020
Published by 
Dan Isard on December 21, 2020
Dan Isard on December 21, 2020Life is what happens when you’re making other plans. In September 2019, my publisher shared with me his idea for 2020’s editorial theme: “20/20 Vision.” Thus, we meticulously laid out the focus of each month’s article and left my December column – the one you’re reading right now – to arrange all of the pieces and tie the previous 11 months together. Well, guess what? It can no longer be done! For the record, in 30 years of writing articles for The Director, I have never all-capped a sentence. Moreover, I’ve worked with my publisher for at least 25 years, but he did not take the novel coronavirus into consideration. The COVID-19 pandemic, which has killed more than 220,000 people and scarred the health of millions more, turned his plans and your business upside down! As a study my company […]
December 11, 2020
Published by 
Foresight on December 11, 2020
Foresight on December 11, 2020Pet services can be a great addition to your funeral home offerings, but it must be well-thought out and planned. There are various business models you can use to start a pet business. The most common pet option that funeral homes choose to offer is pet cremation services. There are a multitude of considerations that must be made when beginning any new venture and pet cremation is no different. Our team at The Foresight Companies is well-versed in the financial, legal, operational, and marketing aspects of pet services and can help answer this driving question: Why should you offer pet cremation? We want to help you examine and understand the vast opportunity for implementing pet cremation services in your business model. Watch our webinar on-demand to hear key insights on: The Impact of Cremation on Funeral Business New Competition in […]