If you follow retail trends, you know department stores are suffering. Big names that have served generations are falling by the wayside. Their demise is causing upheaval at malls, which are in turn scrambling to reinvent themselves to retain – or resuscitate – shopper interest. What a great time to be a kiosk entrepreneur!Read More
Palmer Retail Solutions Blog
Cell phone kiosks have plenty of competition. How can you possibly stand out in that crowd to catch new customers? Few products change as rapidly as cell phones and other mobile devices, so your kiosk has to be innovative, too. It’s not enough to offer leading-edge products, you have to catch the eye and the imagination of potential customers walking by.Read More
Tags: Kiosk Products
Just because you open a mall kiosk doesn’t mean you’ll automatically have great sales. It takes strategy and planning to create any successful retail business. And you have to remember that there’s a difference between kiosk sales and kiosk profitability. Sales are good. But it’s the profit that pays you as the kiosk owner and provides money to grow your business.Read More
A mall kiosk could be the solution for you.
Dreaming of becoming a retail entrepreneur? Think mall kiosk. It’s a great way to get started, for several reasons:
- Low start-up costs compared to a traditional store.
- Flexible, shorter lease commitment.
- Easier to test new merchandise.
- Smaller inventory needs.
- Superb visibility to build brand recognition quickly.
- Built-in supply of shoppers.
The type of mall kiosk that’s right for you will depend on your goals, your experience and your budget. What should you look for?
The Right Location
Your kiosk could be located in a shopping mall, but you might also consider the airport or some other high-traffic shopping location. Within the mall, you may want to be near a food court or a store that sells complementary merchandise.
The Right Products
The top three mall kiosk merchandise categories are apparel, cell phone accessories and personal care/health products, but your options are virtually unlimited. Choose a product that’s unique – certainly among other kiosks within your mall, but preferably different from what’s available in the mall’s traditional stores as well.Read More