Chris Koerner proposes opening mall kiosks that sell viral TikTok products. Buy demo units from China, test them in high-traffic malls like the Galleria of Dallas, then scale to 100 stores if profitable. He claims the model could hit 80% net margins.
September 13, 2024
Galleria of Dallas and Galleria of Houston
Month-to-month
China
About 100 stores
Someone jump on this ten million dollar business idea. Remember these Brookstone stores in the mall as a kid? Why don't we have these today for viral product ideas that we see on social media. You see all these dumb products going on behind me. These things got hundreds of millions of views but they're not in stores. Are you telling me that in person? Impulse buying is dead. It will never die. Here's how you launch this business. Go to a high traffic mall like the Galleria of Dallas or Houston, rent a kiosk on a month to month basis, buy a handful of these viral products from China as demos, flag people down as they walk by see how many you can sell and if you sell them well then open a full store inside that same mall, reduce your risk with a kiosk and then go all in once you prove the model. I promise you this could be a hundred store business just like Brookstone except better with 80 plus percent net margin.
