Retail sale of electrical household appliances

NACE code 47.54 covers the retail sale of electrical household appliances, a crucial industry that plays a vital role in the broader economy. This sector is responsible for making a wide range of essential home electronics and appliances accessible to consumers, from refrigerators and washing machines to televisions and air conditioners. As households and businesses increasingly rely on these products, the retail sale of electrical household appliances has become an indispensable part of modern life.

The retail sale of electrical household appliances involves the procurement, storage, and distribution of a diverse range of products. Retailers in this industry typically source their inventory from manufacturers and wholesalers, utilizing efficient logistics and inventory management systems to ensure a steady supply of goods. They then display and market these products in their physical stores or through online platforms, providing customers with the opportunity to browse, compare, and purchase the appliances that best suit their needs.

The key inputs for the retail sale of electrical household appliances industry include the electrical appliances themselves, which are produced by manufacturers under various 27.51 Manufacture of electric domestic appliances and 26.20 Manufacture of computers and peripheral equipment NACE codes. Retailers also require storage and display space, as well as skilled sales staff to assist customers and facilitate the purchasing process.

The primary output of the retail sale of electrical household appliances industry is the sale of these products to individual consumers and businesses. The customers for these goods can be found across a wide range of NACE codes, including 68.20 Renting and operating of own or leased real estate, 55.10 Hotels and similar accommodation, and 86.10 Hospital activities, as they all require electrical household appliances to support their operations.