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Storyboard Text

  • Since we're done with your appointment, I am going to teach you about the 5 economic utilities!
  • Um why are we here?
  • This bus can show us form utility. It went from iron, to steel, and is now a bus
  • This car dealership is a place where you can buy a car.
  • The 5 economic utilitiesTaylor Whittaker
  • I got a car before my 12th grade year!
  • Many student just got a car before school started so they could drive to school.
  • Form utility- changing raw materials and putting parts together to make a useful good Example= iron-steel- buses/cars/trucks
  • I bought my Jeep with my credit card for $311 a month.
  • Place utility- Where products are available for customers to buy Example- car dealerships
  • A TV commercial helped me learn more about the Jeep before I purchased it.
  • Wow, this makes so much sense.
  • Time Utility- having a product available at a certain time of year or time of dayExample- having safe, affordable cars available before school starts
  • Possession Utility- exchanging a product for some form on money Example- checks, gift card, cash, credit/debit
  • Information Utility- communicating with customers about a product Example- brochures, advertisements, displays
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