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  Comparison: Benefits and Side Effects Affiliate Marketing Benefits: Low Start-Up Costs : Affiliates typically do not need to invest in inventory or handle customer service, making it a low-cost business model. Flexibility : Affiliates can choose which products or services to promote and can work from anywhere with internet access. Side Effects: Income Variability : Earnings can be unpredictable and depend on the affiliate’s ability to drive traffic and conversions. Dependence on Merchant Policies : Affiliates are subject to the terms and conditions set by the merchant, which can change and affect their earnings. Network Marketing Benefits: Potential for Residual Income : Representatives can earn ongoing commissions from the sales made by their recruits, providing a potential for long-term residual income. Community Support : Many network marketing companies offer strong community support and training programs to help new recruits succeed. Side Effects: High Initial Investment : M...

  Concept of Network Marketing Network Marketing , also known as Multi-Level Marketing (MLM), is a business model where sales representatives earn money through direct sales of products and by recruiting new members into their network. The earnings come from: Direct Sales : Representatives sell products directly to consumers and earn a profit margin. Recruitment : Representatives recruit new members into their network and earn a commission on the sales made by their recruits, as well as their recruits' recruits, creating multiple levels of income.

  Affiliate Marketing is a performance-based marketing strategy where individuals (affiliates) promote products or services offered by another company (merchant) and earn a commission for each sale or action generated through their referral links. The process typically involves: Affiliate Joining a Program : Affiliates sign up for an affiliate program and receive a unique referral link. Promotion : Affiliates promote the product or service through various online channels (blogs, social media, websites, etc.). Customer Action : When a user clicks on the affiliate link and makes a purchase or completes the desired action (e.g., signing up for a newsletter), the affiliate earns a commission. Affiliate Marketing Platforms and Their Commission Ratios Amazon Associates Commission Ratio : 1% to 10% depending on the product category. Notable Feature : One of the largest and most accessible affiliate programs with a vast range of products. ClickBank Commission Ratio : Up to 75%. Notable Fe...

  Module 1: Introduction to Agile and Scrum 1.1 Agile Overview Definition and Principles of Agile Agile Manifesto and its Values Agile vs. Traditional Project Management 1.2 Scrum Framework Overview History and Evolution of Scrum Scrum Theory: Empiricism and Lean Thinking The Pillars of Scrum: Transparency, Inspection, Adaptation Module 2: Scrum Roles 2.1 Scrum Team Structure Scrum Team Composition Characteristics of a Successful Scrum Team 2.2 The Scrum Master Role Responsibilities and Core Skills Difference between a Scrum Master and a Project Manager 2.3 Product Owner Role Responsibilities and Core Skills Managing the Product Backlog 2.4 Development Team Role Self-Organization and Cross-Functionality Responsibilities and Core Skills Module 3: Scrum Artifacts 3.1 Product Backlog Definition and Purpose Creating and Refining User Stories Backlog Grooming/Refinement Techniques 3.2 Sprint Backlog Definition and Purpose Sprint Planning and Task Breakdown Definition of Done 3.3 Increme...