preston university

1. A customer purchase a product
because it provide satisfaction.The
want satisfying power of a products
is called utility and its come in many
forms.
It is through marketing that much of
a product’s utility is creating.

2.  1 Time
 2 Form
 3 Task
 4 Place
 5 Possession

3. Time utility mean, Having a product available
when u want.
Time has great impact on utility of the
product.
For example: A person has decided to
purchase a productm After that he must want
the possession of the product in no time.

4. When someone make something.The
assemble the product from parts and you can
use it.
For example: The form, when applied to a
clothing item and can be the shape of
garment and range the sizes and selection of
fabric.

5. In the context of providing a service. When
someone does something for you.
Like cut your hair because you can’t and don’t
want to do that or does something for you,
that you don’t have time to do, like cut you
grass.

6. Place utility exists when a product is readily
accessible to potential customers.
An auction on the internet can increase the
number of buyer and seller but a product are
purchased they still have to be delivered
quickly in good condition.

7. The utility of place and possession is very
much inter-related and depend on each
other.
When someone buy something from a vendor
essentially it is a transfer to ownership.