Where is the Money in Death?
⚰️ Why is death one of the most predictable, recession‑proof economic engines?
From casket markups of 300‑500% to digital memorials and green burials, the death care industry is quietly being disrupted.
📖 Key insights:
- US funeral home industry generates roughly $20 billion annually.
- Casket markups range from 300% to 500% – and the “grief‑stricken consumer” is not a price shopper.
- A burial plot in a prime metropolitan cemetery can cost more per square foot than luxury housing.
- New models: green burials, alkaline hydrolysis and digital memorials (data storage).
📖 Read the article
🔗 https://supporttips.com/news/where-is-the-money-in-death/
🎧 Listen to the podcast
🔗 https://supporttips.com/media/podcast-26-31-money-in-death/
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Source Post:
https://supporttips.com/news/where-is-the-money-in-death/
We pretend it does not exist, but death is one of the most predictable, recession‑proof economic engines on the planet. The article “Money in Death” explores the multi‑billion‑dollar death care industry – and the quiet disruption happening within it.
The traditional funeral home model is built on real estate and emotional vulnerability. A burial plot can cost more per square foot than luxury housing. Casket markups range from 300‑500%. Yet even as the FTC finds that 26% of funeral providers still fail to disclose prices transparently, new models are emerging.
Green burials, alkaline hydrolysis (water cremation) and digital memorials (turning a loved one’s data into a permanent online presence) are reshaping the industry. Cultural differences abound: in Ghana, the Akan funeral economy turns death into a grand community spectacle that activates thousands of livelihoods.
Pet death care is an emerging segment. Cremation and burial services for pets are growing rapidly, with some companies offering urns, memorial jewellery, and even pet cemeteries. Margins in pet death care are often higher than for humans.
