What are the 5 P's of marketing?
Could you please elaborate on the concept of the 5 P's of marketing? As I understand, these are fundamental elements that guide marketing strategies, but I'm not entirely clear on what they specifically entail. Could you provide a brief overview of each of the 5 P's and explain how they contribute to the success of a marketing plan? Additionally, are there any recent trends or developments in marketing that have impacted the significance or application of these principles?