This is where the basketballs are made, starting with rubber.
This is the sports store! They sell a lot of sports clothing, equipment, and more.
The 5 Economic UtilitiesBy: Ariana Rodriguez
I need a basketball in order to practice today!
Form Utility- changing raw materials or putting parts together to make them more useful.Examples: rubber, threading.
Here is my payment.
Place Utility- the place where a person can buy the product.Examples: Dick's, Target, Nike.
Women's Basketballs- $55
That is a good deal! I need to go buy one!
Time Utility- having the product available at a certain time of year or time of day.Examples: all year round, during the winter (basketball season).
Possession Utility- the exchange of a product for some monetary value.Examples: credit card, debit card, cash, gift card, mobile payment.
Informational Utility- communication with the consumer about your product or service. Making people aware your product or service exists.Examples: Advertisements, poster boards, flyers around towns and buildings.