Market-driving strategy for the death care industry | Inquirer Business
The business that never runs out of clients

Market-driving strategy for the death care industry

/ 02:28 PM October 22, 2022

Illustration  by Rachel Revilla

Illustration by Rachel RevillA

Market-driving strategy is about tapping new markets—the unserved and the underserved markets. This is in contrast to market-driven strategy which focuses and caters to the served or existing market. In this article, we apply market-driving strategy to the death care industry by citing cases in different countries.

In Daejeon, South Korea, Coffin Academy offers a seminar that allows anyone to experience “death” without actually dying. The ritual starts with a photo shoot, followed by a short lecture on living life to its fullest, then decorating one’s own tombstone, drafting a will and saying their eulogies in front of others, before getting inside the coffin in a yellow death robe. Funeral music is played in a candle-lit room. When one gets out of the casket a few minutes after, they feel rejuvenated, reborn and more motivated in their “new” life.

Article continues after this advertisement

In Japan, a similar coffin experience allows one to dress in full Japanese funeral attire, and to reflect while inside the dark coffin on what they would have done differently in their lives. In Thailand, it is believed that lying in a casket helps remove bad karma as part of a Buddhist “death” ceremony.

FEATURED STORIES

The University of Barcelona, on the other hand, has a virtual reality death simulator to help people conquer the fear of dying. Once their avatars are able to move their legs, this body form levitates to the ceiling to simulate out-of-body experiences that tend to make people believe that there is life after death.

Around the world, while there are many midwives assisting women in giving birth, there is a growing need for professional end-of-life guides for underserved markets. Besides an aging population, there could be a big demand for such guides also targeting people facing death who may be fearful, angry, regretful, resentful or simply alone and lonely. It is beneficial for families and societies to help these people process the grief and other emotions that come with the anticipation of death. With increasing aging population, this is bound to grow by rethinking how people should die.

Article continues after this advertisement

Drive-thru burial

Robert L. Adams Funeral Home in Southern California in the United States pioneered the drive-thru funeral. The concept appears to be a new service category in between an online viewing and a traditional wake visit. Under the drive-thru funeral, the casket is tilted to face the window, with a family member seated inside the big drive-thru window who can wave to their guests. There is also a drive-thru staff who lets the drive-thru guests sign in the guest book. Who would find the concept interesting? Maybe the old or physically disabled people who have difficulty walking, those who want to pay their last respects but are either too tired, or in a rush during lunch hour; those who neither wish to socialize nor to be in a room full of people; those conscious of security, or even those who can’t find a parking space.

Article continues after this advertisement

Another case is Tui, a travel organizer in Europe. They created Grief Tours exclusively for the spouse of the deceased, who can join the tour at least 90 days after the death of a spouse and who cannot be accompanied by any family member. Their tour guide is also a grief counselor. The concept is like tours for singles except the participants are all widows and widowers. The 90-day rule is to ensure that tour participants won’t end up crying all day and are more open to experiencing new things and meeting new people.

Article continues after this advertisement

What other market-driving strategies can you think of for the death care market? Please share with us. —CONTRIBUTED INQ

Josiah Go is chair and chief innovation strategist of Mansmith and Fielders, Inc. Mansmith was the recipient of the Innovation Excellence Awards given by the Asean Business Awards in 2021.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Business

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.