Non-specialized store retail trade services, of watches, clocks and jewellery
CPC v2.1 Code: 62154
About non-specialized store retail trade services, of watches, clocks and jewellery
cpc code 62154 covers the retail trade services of watches, clocks, and jewelry in non-specialized stores. This industry plays a vital role in the broader retail landscape, providing consumers with access to a wide range of personal accessories and luxury items. As a key component of the retail sector, this industry contributes significantly to the overall economy, generating revenue and employment opportunities across various regions.
Production process
The retail trade services for watches, clocks, and jewelry in non-specialized stores primarily involve the procurement, display, and sale of these products to end consumers. Retailers in this industry typically source their inventory from 46441 Wholesale of watches and jewellery and 46492 Wholesale of household goods suppliers, who handle the manufacturing and distribution of these items. Retailers then showcase the products in their stores, utilizing effective merchandising and sales techniques to attract and serve customers.
Production inputs
The main inputs required for the non-specialized store retail trade services of watches, clocks, and jewelry include a diverse range of products sourced from wholesale suppliers, as well as the necessary retail infrastructure, such as store locations, display fixtures, and sales personnel. Retailers in this industry must also invest in inventory management systems, marketing strategies, and customer service training to ensure a seamless shopping experience for their clients.
Production outputs
The primary output of this industry is the sale of watches, clocks, and jewelry to individual consumers. These products are often purchased for personal use, as gifts, or for special occasions. The output of this industry may also be consumed by other related industries, such as 95251 Repair of watches, clocks and jewellery and 95290 Repair of other personal and household goods, where these items may require maintenance or repair services.
Family tree for non-specialized store retail trade services, of watches, clocks and jewellery
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>"]
B --> C["<a href='/classifications/cpc/v2-1/621'>621: Non-specialized store retail trade services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/6215'>6215: Non-specialized store retail trade services, of miscellaneous consumer goods</a>"]
D --> E["<a href='/classifications/cpc/v2-1/62154'>62154: Non-specialized store retail trade services, of watches, clocks and jewellery</a>"]
D --> F["<a href='/classifications/cpc/v2-1/62151'>62151: Non-specialized store retail trade services, of books, newspapers, magazines and stationery</a>"]
D --> G["<a href='/classifications/cpc/v2-1/62152'>62152: Non-specialized store retail trade services, of photographic, optical and precision equipment</a>"]
D --> H["<a href='/classifications/cpc/v2-1/62153'>62153: Non-specialized store retail trade services, of games and toys</a>"]
D --> I["<a href='/classifications/cpc/v2-1/62155'>62155: Non-specialized store retail trade services, of sports goods (incl. bicycles)</a>"]
D --> J["<a href='/classifications/cpc/v2-1/62156'>62156: Non-specialized store retail trade services, of leather goods and travel accessories</a>"]
D --> K["<a href='/classifications/cpc/v2-1/62159'>62159: Non-specialized store retail trade services, of miscellaneous consumer goods n.e.c.</a>"]
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