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Spirethoughts

Spire's six most recent Spirethoughts.

Airlines caught in Covid turbulence
M&A during Covid-19
Oil markets drowning in glut as storage dwindles
An agreement to boost trade between Indonesia and Australia
Cheaper and cleaner alternatives to coal electricity
Cheaper and cleaner alternatives to coal electricity
Countries fight Covid-19 crisis with economic bailout packages

Chocolate scent to increase book sales

Retailers might just use chocolate scent to induce shoppers to linger on in their bookstores to boost sales. Researchers in Belgium discovered that potential customers are more likely to end up with purchases if the store is filled with the scent of chocolate. Such pleasant scents can improve the store environment and lead the customers to explore stores more; often resulting in purchases.

Marketers could strategize by exploring different scents to lure customers. The scents used should correspond to the products on sale for more impact. For instance, a surf shop can consider having the scent of the salty smell of the sea to provide its customers a whole new shopping experience.

Which scent are you most drawn to?

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