Many funeral home owners are considering opening a discount cremation brand to defend their market share from aggressive competitors. Seems like an obvious idea, but is it the smart thing to do? That depends.
On this episode, John T. McQueen, CFSP joins Welton Hong and Ellery Bowker to share his expertise. John, was a successful funeral home operator who simultaneously grew brands at the high and low ends of the market.
Click the video below to learn the answers to these three important questions:
How to decide if you should (or should not) open a discount cremation business
How to avoid cannibalizing your traditional business
How to create differentiation between the brands to show value and support pricing