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Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
Exclusive-Chevron aims to boost Venezuela oil output to accelerate debt recovery -sources
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS Chevron Corp's renewed oil operations in Venezuela begin a new phase
2023-05-10 18:21
'90 Day Fiance' star Angela Deem slammed as 'pathetic' for selling tickets to her Karaoke night for $18.49
'90 Day Fiance' star Angela Deem slammed as 'pathetic' for selling tickets to her Karaoke night for $18.49
Angela Deem of '90 Day Fiance' fame has been criticized for selling pricey tickets to a reportedly worthless event
2023-08-24 09:56
Mineral-hungry clean tech sees countries seeking to escape China's shadow
Mineral-hungry clean tech sees countries seeking to escape China's shadow
With a clean energy transition hungry for more minerals, representatives from dozens of countries and industry met in Paris on Thursday looking to shore up deliveries against supply...
2023-09-29 01:00
10 sneaky tricks restaurants use to get customers to buy more
10 sneaky tricks restaurants use to get customers to buy more
The restaurant industry is ever-evolving and continuously bringing in new changes to menus to suit its demographic. Certain tricks in their menus allow restaurants to subtly nudge customers into enjoying a fuller dining experience, consequently increasing their spending. Sign up for our free Indy100 weekly newsletter To help diners avoid falling for these tricks, an expert at Menu Price lifted the lid on the sneaky tricks that encourage people to spend and consume more: Value menus Restaurants introduce value menus with meals of different price points. The restaurant hopes that it will motivate customers to opt for the priciest range of the value menu, which has more options, or to bypass the value menu entirely due to its limited options. This strategy ultimately translates into increased profitability. "If a restaurant's value menu features items like burgers, pizza, and spaghetti, but your preference leans towards a steak, you'll find yourself ordering the steak at its regular cost, bypassing the value menu. This scenario directly contributes to a higher profit for the restaurant," says a Menu Price expert. Emphasis on certain menu items Restaurants strategically highlight specific dishes, often those with higher profit margins, drawing customer attention to these preferred items through menu placement and design cues. The use of colour Warm hues like red and yellow can trigger hunger, while cooler shades like blue make meals seem more refreshing. Strategically deploying these colours in their menus helps restaurants subtly sway customer choices. Photographs used sparingly To maintain a sophisticated aesthetic, restaurants use photographs sparingly, only emphasising selected dishes, making them more appealing to the eye and tastebuds alike. Descriptive language Vivid descriptions of dishes can create a compelling image in customers' minds, making the menu items more appealing and increasing the likelihood of ordering. Avoiding currency symbols Menus without currency symbols can encourage higher spending, as prices appear less intimidating. "Keep a close eye on prices, even when restaurants fail to integrate dollar signs. This can help you avoid paying more than you want for a meal," the expert said. Anchor items Restaurants place some of their most expensive items next to even more costly options. The Menu Price expert added: "When customers see a pricey dish positioned next to an even more expensive option, they are more likely to perceive the less costly of the two as a 'better deal." Use of boxes Boxes and borders draw attention to specific items, creating a visual 'stage' that makes these dishes stand out. "This technique is often applied to high-profit items, specials, or unique offerings," they said. Keeping portion sizes secret Restaurants offer full or half salads or sandwiches without revealing the portion sizes. Despite any clear explanation, consumers assume that half sizes are overpriced and the full size is more cost-effective. "Customers perceive they are getting a better deal without even knowing the real serving size of the food options." Difficult-to-read font Using complex fonts in menus can slow customers' reading, promoting more profound engagement with dish descriptions. This added interaction can enhance dishes' perceived worth and exclusivity, thereby subtly inspiring a readiness to spend more. Remain vigilant during your next dining experience and see how many of these subtle tricks you can spot and how much money you can save on your meal. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-06-04 14:19
What did Ava Misseldine do with a dead baby's ID? Ohio woman gets six years in prison for wire and passport fraud
What did Ava Misseldine do with a dead baby's ID? Ohio woman gets six years in prison for wire and passport fraud
Ava Misseldine, 50, pled guilty in October 2022 after being charged in June of the same year
2023-08-09 20:45
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
By Jonathan Stempel A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter
2023-05-23 11:30
Ocado keeps guidance after return to first-half underlying profit
Ocado keeps guidance after return to first-half underlying profit
By James Davey LONDON Ocado, the British online supermarket and technology group, kept its financial guidance for the
2023-07-18 15:52
Callout: Seeking small business owners to share experiences on changing lending conditions
Callout: Seeking small business owners to share experiences on changing lending conditions
Financial institutions were already tightening their lending standards at the beginning of the year, and that has intensified since a trio of bank failures upended the banking industry, surveys from the Federal Reserve and the private sector show. Money is getting harder to come by, and we'd like to hear what people, especially small business owners, are experiencing.
2023-05-13 03:48
Wuhan Names and Shames Hundreds of Debtors Amid Financial Woes
Wuhan Names and Shames Hundreds of Debtors Amid Financial Woes
Wuhan, a city in central China, publicly named hundreds of debtors in a local newspaper article demanding payment,
2023-05-29 12:28
Traders Bet on ECB Rate Cuts Next Year
Traders Bet on ECB Rate Cuts Next Year
Europe’s sputtering economy is causing traders to bet on a faster pace of interest rate cuts next year.
2023-11-17 18:27
Snap to close augmented reality division for enterprises
Snap to close augmented reality division for enterprises
(Reuters) -Snap Inc said on Wednesday it was shutting its division focused on making augmented reality (AR) services for businesses
2023-09-27 21:56
The spiraling cost of war means growing economic pain for Russia
The spiraling cost of war means growing economic pain for Russia
"The government will provide whatever the army asks for," Russia's President Vladimir Putin told a gathering of military top brass in December. Eighteen months into his war in Ukraine, he seems to be keeping that promise. But he's doing it increasingly at the expense of economic stability at home.
2023-08-28 17:16