Storing milk creates

Question

‘Payal Ltd.’ is the manufacturer of high-end costly water purifiers. Their water purifiers are unique and different from the purifiers available in the market. For its marketing, they appointed salespersons who will go door-to-door and explain the unique features of their product. From the following, identify the channel of distribution adopted by ‘Payal Ltd.’:

Answer 1

Step 1: Go through each marketing function one by one. Processing milk into butter or cheese would create form utility, transporting milk to a city market would create place utility, and selling it to a consumer would create possession utility.
Step 2: Storage does none of these actions, it only keeps the milk available for a later period.
Step 3: Making a good available at a later, more useful point in time is the definition of time utility.
\[\boxed{\text{Time utility}}\]

Storing milk creates

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The Correct Option is D

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