These cookies look delicious!
The 5 Economic Utilities By: Avery Simpson
Form Utility- changing raw materials/putting parts together Examples- eggs, butter, flour, sugar, vanilla
Place Utility- having a product where customers can buy it Examples- in a grocery store, a catalog, or ordering it online
Time Utility- having a product available at a certain time of year and of the day Examples- seasonal cookies (Christmas,Halloween), being sold during lunch and dinner hours
Possession Utility- the exchange of a product for some monetary value Examples- credit, debit, cash, and checks
Information Utility- communication with the consumer about your product or service Examples- commercials, advertisements, surveys, and tags
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