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Harper Hallerman 5 Utilies Assingment

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Storyboard-Text

  • 5 Economic Utilities
  • Utility 1: Form Utility
  • Utility 2: Place Utility
  • WE LOVE HERSHEY CHOCOLATE!!
  • By: Harper Hallerman
  • Utility 3: Time Utility
  • Form Utility: Changing raw materials or putting parts together to make them more usefulExample: Cacao powder, Cacao butter, sugar and salt can make Hershey Chocolate!
  • Utility 4: Possession Utility
  • Place Utility: Having a product where customers can buy itExample: Hershey Chocolate can be purchased ANYWHERE! You will most likely see this at grocery stores.
  • Utility 5: Information Utility
  • BEST chocolate this way!!
  • Time Utility: Having a product where customers can buy itExample: Hershey Chocolate might be frequently bought more during Valentines Day, or the holiday season.
  • Possession Utility: The exchange of a product for some monetary value.Example: Could be paid with cash, credit or debit cards, or even afterpay.
  • Information Utility: Communication with the consumer about your product or serviceExample: Hershey chocolate could have advertisements, information on packaging or labeling, or displays.
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