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What Is Network Marketing? Give an Example

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What is network marketing? Give an example.


Definitions:

Sweepstakes

A type of contest or promotion where prizes are awarded to participants selected by chance.

Contest

A competitive event in which participants strive to win by surpassing others in some criterion, ranging from sports to creative endeavors.

Promotional Co-Branding

Promotional co-branding is a marketing strategy where two or more brands collaborate on a promotional campaign or product, leveraging each other's strengths to increase awareness and interest among consumers.

Cross-Promotion

Marketing strategy where two or more companies promote each other's products or services to leverage their respective audiences.

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