Retail sale of telecommunications equipment in specialised stores

NACE v2.0 Code: G47.42

About retail sale of telecommunications equipment in specialised stores

NACE code 47.42 covers the retail sale of telecommunications equipment in specialised stores. This industry plays a crucial role in the broader telecommunications sector, providing consumers and businesses with access to the latest communication technologies. As the demand for smartphones, tablets, and other connected devices continues to grow, the importance of this industry in facilitating access to these technologies cannot be overstated. It serves as a vital link between manufacturers and end-users, ensuring that the latest innovations reach the market and are readily available to the public.

Production process

Retail stores within this industry typically acquire their inventory through wholesale channels, sourcing products directly from manufacturers or authorized distributors. The stores then showcase these telecommunications products, providing customers with the opportunity to examine and test the equipment before making a purchase. Sales staff play a crucial role in guiding customers through the selection process, offering advice and demonstrations to help them find the most suitable devices for their needs.

Production inputs

The primary inputs for this industry are the telecommunications equipment and devices sourced from manufacturers. This includes a wide range of products, such as smartphones, tablets, mobile phones, landline telephones, and related accessories. In addition to the physical products, retail stores also require skilled sales personnel, effective display and merchandising strategies, and a well-designed retail space to create an engaging shopping experience for customers.

Production outputs

The main output of this industry is the sale of telecommunications equipment to individual consumers and businesses. The products sold in these specialized stores are then used by the end-users for various communication and connectivity purposes. The outputs of this industry may serve as inputs for other NACE codes, such as 61.10 Wired telecommunications activities, 61.20 Wireless telecommunications activities, and 62.09 Other information technology and computer service activities.

Revisions to 47.42

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 47.42. The most recent 43 versions of this code (47.42) is in the NACE v2.1 system:

This page shows a legacy version of code 47.42 ( NACE v2.0).

Related ISIC Codes

These isic codes are related to this econ code: (47.42).

ISIC code ISIC Version ISIC title
4741ISIC v4.0Retail sale of computers, peripheral units, software and telecommunications equipment in specialized stores

Family tree for retail sale of telecommunications equipment in specialised stores

    graph LR
    A["<a href='/classifications/nace/v2/G'>G: WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES</a>"]
A --> B["<a href='/classifications/nace/v2/G/47'>47: Retail trade, except of motor vehicles and motorcycles</a>"]
B --> C["<a href='/classifications/nace/v2/G/47/4'>47.4: Retail sale of information and communication equipment in specialised stores</a>"]
C --> D["<a href='/classifications/nace/v2/G/47/42'>47.42: Retail sale of telecommunications equipment in specialised stores</a>"]

    C --> E["<a href='/classifications/nace/v2/G/47/41'>47.41: Retail sale of computers, peripheral units and software in specialised stores</a>"]
C --> F["<a href='/classifications/nace/v2/G/47/43'>47.43: Retail sale of audio and video equipment in specialised stores</a>"]

    

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