E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The company has more than 170 stores located in large cities throughout the Southeast and Midwest. E-Gadgets has chosen the locations of its stores so that most customers living in upper middle class and wealthy neighborhoods can get to an E-Gadgets store in less than 15 minutes. E-Gadgets is providing its customers with:

A) scrambled merchandising. B) allocative utility. C) place utility. D) saturation marketing.

Question

Business

London Carson

29 October, 20:35

E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The company has more than 170 stores located in large cities throughout the Southeast and Midwest. E-Gadgets has chosen the locations of its stores so that most customers living in upper middle class and wealthy neighborhoods can get to an E-Gadgets store in less than 15 minutes. E-Gadgets is providing its customers with:

A) scrambled merchandising. B) allocative utility. C) place utility. D) saturation marketing.

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Answers (1)

Know the Answer?

Nikhil Johnston · Answer 1

The correct option is C) place utility

Explanation:

Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets, who are making their stores available to such locations, where their customers (upper middle class and wealthy neighborhoods) can get access to the products easily (less than 15 minutes in the given case).