Retail sale of second-hand goods

ISIC v4.0 Code: 4774

About retail sale of second-hand goods

isic code 4774 covers the retail sale of second-hand goods, which is an important part of the circular economy. This industry plays a crucial role in extending the life cycle of products, reducing waste, and providing affordable options for consumers. The retail sale of second-hand goods is a significant contributor to the broader retail sector and the overall economy.

Production process

The retail sale of second-hand goods typically involves the collection, sorting, and reselling of used items. Businesses in this industry may acquire goods through donations, estate sales, or direct purchases from individuals. The items are then cleaned, repaired (if necessary), and prepared for resale. Effective inventory management and pricing strategies are essential to ensure profitability and meet customer demand.

Production inputs

The main inputs for the retail sale of second-hand goods industry include the used products themselves, which are sourced from various channels. Businesses may also require storage space, transportation, and cleaning/repair equipment to prepare the goods for resale. Skilled personnel are needed to assess the condition of items, determine appropriate pricing, and provide customer service.

Production outputs

The primary output of the retail sale of second-hand goods industry is the resale of used products to consumers. These goods may include clothing, furniture, electronics, books, and a wide range of other items. The output of this industry is often consumed by 4711 Retail sale in non-specialized stores with food, beverages or tobacco predominating and 4719 Other retail sale in non-specialized stores, as well as individual consumers looking for affordable and sustainable shopping options.

Family tree for retail sale of second-hand goods

    graph LR
    A["<a href='/classifications/isic/v4/G'>G: Wholesale and retail trade; repair of motor vehicles and motorcycles</a>"]
A --> B["<a href='/classifications/isic/v4/G/47'>47: Retail trade, except of motor vehicles and motorcycles</a>"]
B --> C["<a href='/classifications/isic/v4/G/477'>477: Retail sale of other goods in specialized stores</a>"]
C --> D["<a href='/classifications/isic/v4/G/4774'>4774: Retail sale of second-hand goods</a>"]

    C --> E["<a href='/classifications/isic/v4/G/4771'>4771: Retail sale of clothing, footwear and leather articles in specialized stores</a>"]
C --> F["<a href='/classifications/isic/v4/G/4772'>4772: Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles in specialized stores</a>"]
C --> G["<a href='/classifications/isic/v4/G/4773'>4773: Other retail sale of new goods in specialized stores</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 level4
class F level4
class G level4

  class D 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 D highlight