Fortune Sky is Your Go-to Source for the Latest Finance News, Covering Markets, Business, Industries and Internet.
⎯ 《 Fortune • Sky 》

List of All Articles with Tag 'life'

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 14:29
Slow start to New York's legal pot market leaves farmers holding the bag
Slow start to New York's legal pot market leaves farmers holding the bag
New York's fledgling marijuana market doesn't have enough licensed retailers to sell the 300,000 pounds (136,000 kilograms) of cannabis grown by farmers in the state
2023-06-04 12:58
Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel
Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel
Rodeo Drive’s storefront windows display the world’s most expensive labels: Gucci handbags, Prada slingback pumps, Chanel perfumes. It
2023-06-03 07:15
As legal gambling surges, some states want to teach teens about the risks
As legal gambling surges, some states want to teach teens about the risks
Warnings about the potential dangers of gambling could soon join education about drugs and alcohol in the nation's classrooms
2023-06-03 02:18
Venezuela country profile
Venezuela country profile
Provides an overview of Venezuela, including key dates and facts about this South American country.
2023-06-03 00:53
Disney lawsuit judge removes himself from case but not for reasons cited by DeSantis
Disney lawsuit judge removes himself from case but not for reasons cited by DeSantis
A federal judge overseeing the First Amendment lawsuit that Walt Disney Parks filed against Gov. Ron DeSantis and others is disqualifying himself, but not because of bias claims made by the Florida governor
2023-06-03 00:26
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Jemele Hill to Leave Spotify and Shut Down Her Podcast Network
Another prominent podcaster is leaving Spotify Technology SA, as the company reverses many of its biggest investments in
2023-06-02 23:51
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand
2023-06-02 16:51
As legal gambling surges, should schools teach teens about risk?
As legal gambling surges, should schools teach teens about risk?
Warnings about the potential dangers of gambling could soon join education about drugs and alcohol in the nation's classrooms
2023-06-02 13:28
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.4 billion rally in K-pop stocks looks set to power on, as a growing global fanbase fuels
2023-06-02 10:48
K-pop Giant Hybe to Raise About $380 Million for US Deals
K-pop Giant Hybe to Raise About $380 Million for US Deals
Hybe Co., the South Korean music agency behind BTS and Ariana Grande, is seeking to raise around 500
2023-06-02 09:52
What to stream this weekend: Foo Fighters, 'The Idol,' LeBron James and 'American Gladiators' doc
What to stream this weekend: Foo Fighters, 'The Idol,' LeBron James and 'American Gladiators' doc
This week’s new entertainment releases include an album from Foo Fighters and some lost songs by the late Kenny Rogers, a new gritty HBO series from “Euphoria” creator Sam Levinson called “The Idol” starring Lily-Rose Depp and The Weeknd
2023-06-02 07:58
«61626364»