The value to a consumert of having a product available in a convenient location is:

Responses

Ownership Utility
Ownership Utility

Time Utility
Time Utility

Place Utility
Place Utility

Form Utility

1 answer

The value to a consumer of having a product available in a convenient location is referred to as Place Utility. Place utility is created when a product is made available at a location that is convenient for the consumer to access.