What type of utility allows customers to possess and transport a product after purchasing it?

Possession utility refers to the value that customers gain from having the ability to own and use a product after they have made a purchase. This type of utility emphasizes the transfer of ownership, meaning that once the transaction is complete, customers can take physical possession of the product and utilize it as they see fit. This concept highlights the importance of making a product readily accessible to consumers, which enhances their overall satisfaction and experience with the purchase.

In contrast, task utility pertains to performing tasks or providing services that meet customer needs, while form utility is related to the physical characteristics and design of a product that make it more appealing to consumers. Time utility focuses on the availability of a product or service when it is needed by consumers. Each of these other types of utility serves a different purpose, but possession utility specifically addresses the ownership aspect crucial for consumer satisfaction after a purchase.