marketing strategy

The 5 P’s of Marketing

To succeed in marketing’s ever-changing environment, a sound strategy is vital. The classic 5 P’s of marketing – Product, Price, Place, Promotion, and People – provide a time-tested framework for creating and executing impactful marketing plans. Examining each “P” reveals their importance in both Business-to-Business (B2B) and Business-to-Consumer (B2C) marketing. 1. Product In the realm of marketing, the product is…