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Pakistan's premier meets with the head of IMF in Paris, hoping to unlock $6B deal to avoid default
Pakistan's premier meets with the head of IMF in Paris, hoping to unlock $6B deal to avoid default
Officials say Pakistan’s Prime Minister Shahbaz Sharif has met with the head of the International Monetary Fund in Paris on the sidelines of the global financing summit in a last-ditch effort to unlock a $6 billion bailout package to help avoid a default
2023-06-22 18:26
Israel's shekel falls as judicial showdown looms
Israel's shekel falls as judicial showdown looms
By Maayan Lubell JERUSALEM Israel's shekel dropped to its lowest level in more than three years on Thursday
2023-09-07 17:46
US economy holds its breath ahead of UPS Teamsters contract vote
US economy holds its breath ahead of UPS Teamsters contract vote
By Lisa Baertlein and Priyamvada C The U.S. economy will face a key test on Tuesday when the
2023-08-22 18:21
Volvo Cars August sales up 18%, lifted by US, Europe
Volvo Cars August sales up 18%, lifted by US, Europe
HELSINKI (Reuters) -Sweden's Volvo Cars on Monday reported an 18% rise in monthly car sales for August compared to last
2023-09-04 15:29
EU Readies €50 Billion Ukraine Package Ahead of Donor Summit
EU Readies €50 Billion Ukraine Package Ahead of Donor Summit
The European Union is ready to propose a financial aid package of around €50 billion ($55 billion) to
2023-06-20 08:47
EU demands Meta and TikTok detail efforts to curb disinformation from Israel-Hamas war
EU demands Meta and TikTok detail efforts to curb disinformation from Israel-Hamas war
The European Union has ratcheted up its scrutiny of Big Tech companies with demands for Meta and TikTok to detail their efforts to curb illegal content and disinformation during the Israel-Hamas war
2023-10-19 20:56
In the land of the rising stocks, clouds may be arriving
In the land of the rising stocks, clouds may be arriving
After decades as some of the world’s most disappointing stocks, Japanese equities are suddenly lighting it up once again
2023-11-22 21:20
Modi Seeks to Free Up $12 Billion to Quell Inflation Before Vote
Modi Seeks to Free Up $12 Billion to Quell Inflation Before Vote
Indian officials are considering a plan to reallocate as much as 1 trillion rupees ($12 billion) from the
2023-08-17 19:59
Barclays announces new leadership for Global Equities
Barclays announces new leadership for Global Equities
NEW YORK--(BUSINESS WIRE)--May 23, 2023--
2023-05-23 20:54
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
SoftBank-backed Arm's long march to $54.5 billion US listing
SoftBank-backed Arm's long march to $54.5 billion US listing
Arm Holdings secured a $54.5 billion valuation in its U.S. initial public offering (IPO) on Wednesday, seven years
2023-09-14 20:48
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
World Bank raises Thailand 2023 growth outlook to 3.9% as tourists return
BANGKOK Thailand's economy is projected to grow 3.9% this year, up from a previous forecast of 3.6%, helped
2023-06-28 18:27