Significance of Jewelry Kiosks

May 6th, 2010, Posted in Armoires, Jewelry, Uncategorized
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If you have been to a mall in a major city lately you would have noticed one or two jewelry kiosks throughout the corridor areas. There is a reason behind vendors setting up kiosks as opposed to leasing a storefront. The first reason is obviously cost. There are so many start-up costs that go into leasing a storefront in a mall or a strip retail shopping center. The second reason is committment. A typical lease will require you to committ to a timeframe of three to five years. It is possible to sign a short term lease, but the landlord may not consider it worth the time and money if you are not willing to commit for longer.

Kiosks can provide a short term home for the business owner. Moreover, you are able to get excellent traffic from people walking around the mall. Most importantly, the start-up costs for a kiosk are much less than a typical storefront. One of the detriments of a kiosk, however, is that shoplifting is more prevalent because you generally do not have an alarm system or security cameras.

Most jewelry kiosks sell costume jewelry instead of fine jewelry due in large part to the shoplifting factor. But you can still find very fashionable costume gold jewelry, silver jewelry, ruby necklaces, and pearl necklaces. Unlike the ordinary store in the mall, you can often negotiate the price with the vendor.

Other places you might find a jewelry kiosk is Costco. At Costco, these kiosks are known as jewelry “road shows” in which the vendor will come for a 10-day period and sell jewelry. Instead of paying rent for the space during the 10-day period, Costco simply requires a commission from the sales of the jewelry. Similar to the shopping mall, you can find gold jewelry, silver jewelry, necklaces, and bracelets to name a few.