2 Jewelry Retail Kiosk Success Stories [2024]
Starting a jewelry retail kiosk can be a lucrative and engaging business. Jewelry kiosks across the country have been growing rapidly. Jewelry retailers buy stocks online at cheaper prices and sell locally at a profit. Besides, the online jewelry wholesalers offer a unique and much larger jewelry selection.
The United States jewelry market was valued at about $76B in 2020. Diamond jewelry is the most valuable jewelry market in the United States. Starting a jewelry kiosk can be extremely profitable. But to do this, you need a great e-commerce platform.
In this list, you'll find real-world jewelry retail kiosk success stories and very profitable examples of starting a jewelry retail kiosk that makes money.
1. Desires by Mikolay ($3.44M/year)
Tara Mikolay, co-founder of Desires by Mikolay, came up with the idea to open a designer jewelry showroom when her husband, a classically trained bench jeweler, expressed his dream to start his own business. With Tara's support, they self-funded the venture and worked tirelessly to build the business from the ground up. Today, Desires by Mikolay is thriving and known as one of Westchester County's premier jewelers and design shops, with a brick and mortar store and a successful online presence.
How much money it makes: $3.44M/year
How many people on the team: 7
Desires by Mikolay, a luxury jewelry brand offering a quality selection of custom design and fine jewelry, tripled its brick and mortar since starting in 2005 and now receives orders from all over the US online, after building an authentic brand with passionate owners.
2. mazi + zo ($60K/year)
Lizzy Klein, founder of mazi + zo, started her business after realizing there was a lack of high-quality and modern jewelry options for sorority women. After developing a versatile and stylish collection of jewelry, she launched her website in June 2019 and quickly gained traction, attracting customers beyond just sororities. Today, mazi + zo offers a range of symbol necklaces, earrings, and more, with their Double Star Choker Necklace being their best-selling item.
How much money it makes: $60K/year
How much did it cost to start: $20K
How many people on the team: 1
Mazi + Zo offers high-quality and modern jewelry for sorority sisters and other women, developed by founder Lizzy Klein after discovering a lack of stylish options in the market, and is now expanding into the broader market with organic social media being the most successful channel.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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