Retail trade services on a fee or contract basis, of watches, clocks and jewellery

CPC v2.1 Code: 62554

About retail trade services on a fee or contract basis, of watches, clocks and jewellery

cpc code 62554 covers the retail trade services on a fee or contract basis, of watches, clocks, and jewellery. This industry plays a vital role in the broader retail and consumer goods sector, providing specialized services to both individual consumers and businesses. The trade of watches, clocks, and jewellery is a significant economic activity, with a global market size estimated at billions of dollars annually.

Production process

The main production techniques in this industry involve the procurement, display, and sale of watches, clocks, and jewellery on a fee or contract basis. Retailers in this industry typically source products from 32111 Manufacture of jewellery and related articles and 26521 Manufacture of watches and clocks and then showcase them in well-designed retail spaces to attract and serve customers.

Production inputs

The key inputs required for this industry include a diverse range of watches, clocks, and jewellery products, as well as the necessary retail infrastructure such as display cases, lighting, and point-of-sale systems. Retailers in this industry also rely on skilled sales staff to provide excellent customer service and product knowledge.

Production outputs

The primary output of this industry is the sale of watches, clocks, and jewellery to individual consumers and businesses. The products sold by retailers in this industry may be consumed by a wide range of other industries, including 95251 Repair of watches, clocks and jewellery, 47781 Retail sale of watches and jewellery in specialised stores, and 46481 Wholesale of watches and jewellery.

Family tree for retail trade services on a fee or contract basis, 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/v2-1/625'>625: Retail trade services on a fee or contract basis</a>"]
C --> D["<a href='/classifications/cpc/v2-1/6255'>6255: Retail trade services on a fee or contract basis, of miscellaneous consumer goods</a>"]
D --> E["<a href='/classifications/cpc/v2-1/62554'>62554: Retail trade services on a fee or contract basis, of watches, clocks and jewellery</a>"]

    D --> F["<a href='/classifications/cpc/v2-1/62551'>62551: Retail trade services on a fee or contract basis, of books, newspapers, magazines and stationery</a>"]
D --> G["<a href='/classifications/cpc/v2-1/62552'>62552: Retail trade services on a fee or contract basis, of photographic, optical and precision equipment</a>"]
D --> H["<a href='/classifications/cpc/v2-1/62553'>62553: Retail trade services on a fee or contract basis, of games and toys</a>"]
D --> I["<a href='/classifications/cpc/v2-1/62555'>62555: Retail trade services on a fee or contract basis, of sports goods (incl. bicycles)</a>"]
D --> J["<a href='/classifications/cpc/v2-1/62556'>62556: Retail trade services on a fee or contract basis, of leather goods and travel accessories</a>"]
D --> K["<a href='/classifications/cpc/v2-1/62559'>62559: Retail trade services on a fee or contract basis, of miscellaneous consumer goods n.e.c.</a>"]

    

    %% Color coordination by level

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    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 level3
class D level4
class E level5
class F level5
class G level5
class H level5
class I level5
class J level5
class K level5

  class E 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 E highlight