Retail sale of information and communication equipment

NACE v2.1 Code: G47.4

About retail sale of information and communication equipment

NACE code 47.4 covers the retail sale of information and communication equipment, a crucial sector within the broader retail industry. This industry plays a vital role in providing consumers and businesses with access to the latest technologies, enabling digital transformation and connectivity across the economy. As the demand for smartphones, computers, and other digital devices continues to grow, the retail sale of information and communication equipment has become an increasingly important economic activity.

Production process

The retail sale of information and communication equipment involves the procurement, storage, and sale of a wide range of digital devices and accessories. Retailers in this industry typically source products from manufacturers and distributors, maintaining inventory levels to meet customer demand. They utilize various sales channels, including physical stores, online platforms, and e-commerce websites, to reach their target markets. Effective inventory management, customer service, and product knowledge are key to success in this industry.

Production inputs

The main inputs required for the retail sale of information and communication equipment include the digital devices and accessories themselves, which are sourced from manufacturers and distributors. Retailers also require physical retail spaces, either owned or leased, as well as IT infrastructure, such as point-of-sale systems and e-commerce platforms, to facilitate sales. Additionally, skilled sales staff and customer service personnel are essential inputs for this industry.

Production outputs

The primary output of the retail sale of information and communication equipment industry is the sale of digital devices and accessories to end-users, including consumers and businesses. These products are then used in a wide range of other economic activities, such as 62.0 Computer programming, consultancy and related activities, 95.1 Repair of computers and communication equipment, and 62.0 Telecommunications, among others. The efficient distribution of these technologies helps to drive innovation and productivity across the economy.

Revisions to 47.4

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 47.4. The most recent 3 versions of this code (47.4) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 47.4.

Family tree for retail sale of information and communication equipment

    graph LR
    A["<a href='/classifications/nace/v2-1/G'>G: WHOLESALE AND RETAIL TRADE</a>"]
A --> B["<a href='/classifications/nace/v2-1/G/47'>47: Retail trade</a>"]
B --> C["<a href='/classifications/nace/v2-1/G/47/4'>47.4: Retail sale of information and communication equipment</a>"]

    B --> D["<a href='/classifications/nace/v2-1/G/47/1'>47.1: Non-specialised retail sale</a>"]
B --> E["<a href='/classifications/nace/v2-1/G/47/2'>47.2: Retail sale of food, beverages and tobacco</a>"]
B --> F["<a href='/classifications/nace/v2-1/G/47/3'>47.3: Retail sale of automotive fuel</a>"]
B --> G["<a href='/classifications/nace/v2-1/G/47/5'>47.5: Retail sale of other household equipment</a>"]
B --> H["<a href='/classifications/nace/v2-1/G/47/6'>47.6: Retail sale of cultural and recreational goods</a>"]
B --> I["<a href='/classifications/nace/v2-1/G/47/7'>47.7: Retail sale of other goods, except motor vehicles and motorcycles</a>"]
B --> J["<a href='/classifications/nace/v2-1/G/47/8'>47.8: Retail sale of motor vehicles, motorcycles and related parts and accessories</a>"]
B --> K["<a href='/classifications/nace/v2-1/G/47/9'>47.9: Intermediation service activities for retail sale</a>"]

    C --> L["<a href='/classifications/nace/v2-1/G/47/40'>47.40: Retail sale of information and communication equipment</a>"]


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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 level3
class E level3
class F level3
class G level3
class H level3
class I level3
class J level3
class K level3
class L level4

  class C 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 C highlight