5 Economic Utilities
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Today we'll be going over the 5 Economic Utilities
This is the factory notebooks are made
This is where notebooks are sold
The 5 Economic UtilitiesSean-Dylan McDaniels
I need my notebook for taking notes in school
Form Utility- Changing raw materialsor putting parts togetherto make them moreusefulExamples: Recycled Paper and Wood Pulps
Place Utility-Involves having a product wherecustomers can buy it.Example: Book Stores and Supply Stores
Selling Notebooks2 for 1 Deal
Time Utility- Having a productavailable at a certaintime of year orconvenient time of dayExample: Back to School Season
Possession Utility-The exchange of aproduct for moneyExample: Cash or debit/credit cards
Information Utility- Communication withthe consumerExample: Commercials or flyers