Utilitys
What is Place Utility?
The products usefulness is increased because of its location.
What is Purchasing?
Obtaining goods and services for use in the operation of a business or for resale.
What is Marketing?
Making or producing the correct good or service to add value to consumers everyday life.
Trucks,Boats,and Planes.
Distribution
Purchasing
Buying
What is Form Utility?
Marketing or producing things.
What is Pricing?
The determination of an exchange price at which the buyer or seller perceive optimum value for a good or service.
What is Products?
Goods and Services.
The food was $5
Pricing
Utilitys
Tools
What is Time Utility?
Making a product available at the night time of year or a convenient time of day.
What is Product planning?
The process of creating a product in response to market opportunities.
What is Goods?
Material item you can touch.
The man purchased the food.
Purchasing.
Work
Services
What is Possession Utility?
The ability to aid customers in owning goods.
What is Marketing Infomation Managment?
Gathering,recording,analyzing,and disseminating information to aid in marketing decisions.
What is Services?
A series of tasks informed for a customer.
The man made a new toy for his store.
Product planning.
Raise
Promote
What is Information Utility?
Usefulness added to the product through communication
What is Promotion?
Communicates information about products,services,and images or ideas to customers or clients to influence their purchase behavior.
What is Exchange?
Takes place everytime something is sold in the marketplace.
The man was given 20 more dollars at work.
Promotion.
Pricing
How much something is