Retail sale of other new goods

NACE code 47.78 covers the retail sale of a wide range of new goods not classified elsewhere, such as stationery, office supplies, religious articles, souvenirs, and gifts. This industry plays a vital role in the broader retail sector, providing consumers with access to a diverse array of products that cater to various needs and preferences. As an important component of the tertiary or service sector, the retail sale of other new goods contributes significantly to the overall economic activity and employment in many countries.

Businesses operating under NACE code 47.78 typically acquire their merchandise from wholesalers, manufacturers, or other suppliers. They then display and market these products in their retail outlets, which can range from specialized shops to department stores or online platforms. The key production techniques involve effective inventory management, strategic product placement, and the provision of a pleasant shopping experience to attract and retain customers.

The main inputs required for the retail sale of other new goods include a diverse range of merchandise, such as stationery, office supplies, religious articles, souvenirs, and gifts. Additionally, businesses in this industry rely on retail space, either physical or virtual, as well as skilled sales personnel to provide customer service and assist in the sales process. Efficient logistics and transportation services are also essential to ensure the timely delivery of products to the retail outlets.

The primary output of NACE code 47.78 is the sale of a wide variety of new goods to end consumers. These products may be purchased by individuals for personal use or as gifts, as well as by businesses and organizations for their own operations. The retail sale of other new goods serves as an important link between manufacturers, wholesalers, and the final consumers, facilitating the distribution and accessibility of these products. Other NACE codes that may consume the output of this industry include 47.19 Retail sale in non-specialised stores with food, beverages or tobacco predominating, 47.59 Retail sale of furniture, lighting equipment and other household articles, and 47.91 Retail sale via mail order houses or via Internet.