Retail trade services
CPC v2.1 Code: 62
About retail trade services
cpc code 62, 'Retail trade services', encompasses a vital sector of the economy that plays a crucial role in the distribution and sale of goods and services to end consumers. This industry is responsible for bridging the gap between producers and the general public, ensuring that a wide range of products and services are readily available to meet the diverse needs and preferences of consumers. As a key component of the broader retail industry, cpc code 62 contributes significantly to economic growth, employment, and the overall standard of living within a country or region.
Production process
Retail trade services involve a range of techniques and processes to facilitate the sale of goods and services to customers. This typically includes the procurement, storage, display, and sale of merchandise, as well as the provision of customer service and support. Retailers may utilize various sales channels, such as physical stores, online platforms, or a combination of both, to reach their target markets. The specific techniques employed can vary depending on the type of retail establishment, the nature of the products or services offered, and the preferences and expectations of the target customer base.
Production inputs
The main inputs required for the retail trade services industry include a diverse range of merchandise or products, ranging from consumer goods to specialized services. Retailers must also have access to suitable retail spaces, either owned or leased, as well as the necessary equipment and technology to support their operations, such as point-of-sale systems, inventory management software, and logistics infrastructure. Additionally, the industry relies on a skilled workforce, including sales associates, managers, and support staff, to provide exceptional customer service and ensure the smooth functioning of retail establishments.
Production outputs
The primary output of the retail trade services industry is the sale of goods and services to end consumers. This includes a wide range of products, such as 44 Wholesale trade services, 45 Retail trade and repair services, and 96 Other personal services, as well as various services, such as 86 Human health services and 97 Other services. The retail trade services industry plays a crucial role in the distribution and accessibility of these products and services, ultimately contributing to the overall economic well-being of a region or country.
Family tree for retail trade services
graph LR A["<a href='/classifications/cpc/v2-1/6'>6: Distributive trade services; accommodation, food and beverage serving services; transport services; and electricity, gas and water distribution services</a>"] A --> B["<a href='/classifications/cpc/v2-1/62'>62: Retail trade services</a>"] A --> C["<a href='/classifications/cpc/v2-1/61'>61: Wholesale trade services</a>"] A --> D["<a href='/classifications/cpc/v2-1/63'>63: Accommodation, food and beverage services</a>"] A --> E["<a href='/classifications/cpc/v2-1/64'>64: Passenger transport services</a>"] A --> F["<a href='/classifications/cpc/v2-1/65'>65: Freight transport services</a>"] A --> G["<a href='/classifications/cpc/v2-1/66'>66: Rental services of transport vehicles with operators</a>"] A --> H["<a href='/classifications/cpc/v2-1/67'>67: Supporting transport services</a>"] A --> I["<a href='/classifications/cpc/v2-1/68'>68: Postal and courier services</a>"] A --> J["<a href='/classifications/cpc/v2-1/69'>69: Electricity, gas and water distribution (on own account)</a>"] B --> K["<a href='/classifications/cpc/v2-1/621'>621: Non-specialized store retail trade services</a>"] B --> L["<a href='/classifications/cpc/v2-1/622'>622: Specialized store retail trade services</a>"] B --> M["<a href='/classifications/cpc/v2-1/623'>623: Mail order or Internet retail trade services</a>"] B --> N["<a href='/classifications/cpc/v2-1/624'>624: Other non-store retail trade services</a>"] B --> O["<a href='/classifications/cpc/v2-1/625'>625: Retail trade services on a fee or contract basis</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level2 class D level2 class E level2 class F level2 class G level2 class H level2 class I level2 class J level2 class K level3 class L level3 class M level3 class N level3 class O level3 class B highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class B highlight