IELTS Speaking tip
Develop strategies to summarize your thoughts clearly in 1-2 sentences.
Vocabulary
- entrepreneurship
- venture
- profitability
- investment
- market
- demand
- customer
- service
- strategy
- expenses
- revenue
- sustainability
- operation
- niche
- inventory
Sample Answer
In my opinion, a small online retail business is comparatively easier to start and manage in today's digital landscape. Firstly, the initial investment required is relatively low, especially with platforms like Etsy or Shopify that facilitate the process. Additionally, the overhead costs are minimized as you can operate from home without the need for a physical storefront.
Moreover, the accessibility of social media marketing allows entrepreneurs to reach a broader audience effectively without incurring exorbitant marketing costs. Another advantage lies in the flexibility it offers; one can set their own working hours, allowing for a balance between personal life and work. However, it’s crucial to acknowledge the fierce competition in this arena, requiring one to be innovative and customer-oriented to thrive. Thus, while starting an online retail business may be straightforward, achieving sustained success demands creativity and strategic thinking.
User Answers
- April 10, 2024 at 06:23 AM
- March 13, 2024 at 10:23 AM
- February 16, 2024 at 03:20 AM
- January 25, 2024 at 04:08 PM
- January 19, 2024 at 10:38 AM
Other Questions
- Part 1When you were young, did your parents teach you to share with others?
- Part 1Some people think that maths isn't needed in our life. What do you think?
- Part 1Is it different from what you had in mind?
- Part 1How much time do you spend listening to music every day?
- Part 1Did you prefer team sports or individual sports when you were young?
- Part 1Does your country have many public holidays?
- Part 1Would you say people with the same interests usually get along with each other when they are in a crowd?
- Part 1Do males and females generally use the same kinds of bags?
- Part 1What kinds of book do you like to read?
- Part 1Would you say your handwriting is easy for others to read?