The phrase refers back to the peak time on the primary day of the work week throughout which institutions supply discounted costs on drinks and appetizers. This promotional technique goals to draw patrons throughout a sometimes slower enterprise interval. For instance, a restaurant would possibly supply half-priced cocktails and reduced-cost small plates between 4 PM and seven PM on the required day to stimulate gross sales and generate foot visitors.
The importance lies in its capability to supply reasonably priced social alternatives and leisure after a demanding workday. Traditionally, such promotions served to spice up income throughout off-peak hours. The underlying benefit for shoppers consists of price financial savings and a extra relaxed environment in comparison with weekend crowds. This could create a extra satisfying and accessible expertise.