VOICED: Low-cost funerals grow in popularity in Germany
Interactive Video
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Business
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10th Grade - University
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Practice Problem
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Hard
Wayground Content
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Funerals in Germany can be costly, averaging between €2,500 and €3,500. To address this, low-cost funeral firms have emerged, offering budget-friendly services by buying in bulk and securing preferential rates. These firms now hold a significant market share, though they face criticism for not providing full services and imposing hidden charges. Despite this, economic uncertainty and a preference for discounts suggest that low-cost funerals will continue to grow in popularity.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What percentage of the market did low-cost firms represent in 2010?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What concerns do traditional funeral parlors have regarding low-cost competitors?
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