5 Forms of Utility
Storyboard Text
- Slide: 1
- Hi, I'm Rainbow, and i'm going to be talking about the 5 forms of utility.
- The 5 Economic UtilitiesBy Leia
- Slide: 2
- If I put these ingredients together we will create a magical mixture!
- Form Utility: This means that you put things together to nake it into something better or to get more of a use out of it.Example: Eggs, milk, butter, flour, sugar or chocolate combined make chocolate chip cookies. Yum.
- Slide: 3
- We sell our cupcakes in our bakery in the main center of town so its easy to access!
- rainbows bakery
- Place Utility: Where you're product is located so that you're customers can access it easilyExamples: Middle of the town in our bakery.
- Slide: 4
- We sell our limited edition rainbow cookies on St. Patrick's day and St. Patrick's day only!
- Time Utility: Selling a product only during a certain time of year or day.Example: Having rainbow cookies available only on St. Patricks Day
- Slide: 5
- Possession Utility: The exchange of a product for something of valueExample: Ability to purchase cookies with cash, credit, and checks.
- Slide: 6
- I know by the sign that you guys have a deal today on the cookies!
- SALE!!! 6 cookies for 6 dollars!!!
- Information Utility: By communicating with our customers we make them aware of our products or dealsExample: Us advertising our cookies on a sign when you walk in
- Slide: 0
- I'll give you 12 dollars for the 6 cookies please *Woof*
- Of course! Pleasure doing business!
- Yes you are right!!
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