Examples of utility in the following topics:
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- They find a greater utility in the object.
- This increase in utility is called marginal utility, and this is all known as the marginal theory of value.
- The utility for the seller is not as an object of usage, but as a source of income.
- And here again it is marginal utility that comes in.
- Here we also get into the utility for resellers.
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- And although some utilities actually deliver physical goods — like water utilities which actually deliver water — utilities are usually treated as services.
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- An empty seat on a plane never can be utilized and charged after departure.
- An empty seat on a plane never can be utilized and charged after departure.
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- The utility of a product depends on its value to the customer minus its price.
- In other words, a company can utilize its competitive advantage to implement a pricing strategy that will maximize its profits.
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- Segmentation splits buyers into groups with similar needs and wants to best utilize a firm's finite resources through buyer based marketing.
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- Retailers such as Lowe's are commonly utilized in selective distribution for large appliances.
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- Depending on customer needs, marketing channel strategies can utilize distribution centers or move products directly to a store.
- Depending on the product being sold and ultimate end user, companies can choose a marketing channel strategy that involves utilizing distribution centers (wholesalers) or moving their products directly to a store, or retailer.
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- The decision regarding how to distribute a product has, as its foundation, basic economic concepts, such as utility.
- Understanding the utility a consumer expects to receive from a product being offered can lead marketers to the correct distribution strategy.
- The concept of price is in contrast to the concept of value, which is the perceived utility a customer will receive from a product.
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- The main task of an organization utilizing the product orientation approach is to continue improving quality and reducing costs as key factors in the fight to maintain and attract customers.
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- Internationally-acclaimed Apple Inc. has effectively utilized its Mac vs PC advertisements as part of its marketing efforts to increase its market share over the years.