Marketing channels create several types of utility including time,place,possession,and sometimes form utility.

Question

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Marketing channels are designed to create various utilities for customers, including time utility (providing products or services at the right time), place utility (making products or services available at the right place), possession utility (helping customers take possession of products or services), and sometimes form utility (adding value to products or services through design or features).

Marketing Channels Create Several Types of Utility Including Time,place,possession,and Sometimes