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Today class we are going to the town cookie factory! To learn about the four Economic Utilities!
Mmmm! Smells great! This is were the cookies get mixed together, placed and baked!
I came here to get my daughter cookies for a treat!
The Four Economic Utilities, Nikki Furando
Lucky the store was open so a parent could buy cookies for our holiday party! I can believe I forgot a head of time!
Form Utility is the Changing of raw materials to put together a useful product. Ex: Flour, sugar, chocolate.
Place Utility is where the product is placed after being made, where consumers can purchase said product.Ex: Grocery stores, schools, bakery's.
New Sale! Cookies cost cut in half! Now only $5 for two batches!
Time Utility: Having said product available at any time of day and or year. Example: Holiday season and or school year
Possession Utility- Exchange of Product for money and or something of value.
Wow I can't believe these cookies are so cheap but so good! Here's $5 for the cookies sir
Information Utility- Communication with the Consumer about your product and or service. Ex: Ads, commercials, posters.
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