Marketing channels create three types of utility for consumers including
A)place,time,and possession.
B)location,availability,and suitability.
C)time,location,and promotion.
D)retailer,wholesaler,and producer.
E)position,possession,and place.

Question

Quizplus · Accepted Answer

Marketing channels create place utility by making products available in convenient locations for consumers to purchase, time utility by providing products at the right time when consumers need them, and possession utility by facilitating the transfer of ownership from the seller to the buyer.

Marketing Channels Create Three Types of Utility for Consumers Including