Retail sale of music and video recordings in specialised stores
NACE v2.0 Code: G47.63
About retail sale of music and video recordings in specialised stores
NACE code 47.63 covers the retail sale of music and video recordings in specialised stores. This industry plays a crucial role in the broader entertainment and media sector, providing consumers with access to a wide range of musical and audiovisual content. As consumer preferences and technology continue to evolve, the retail sale of physical media remains an important part of the value chain, catering to those who prefer tangible products and the experience of in-store browsing and discovery.
Production process
Retailers in this industry typically acquire music and video recordings from 46.43 Wholesale of audio and video equipment and 58.11 Book publishing companies. They then organize and display these products in their specialized stores, providing a curated selection for customers to browse and purchase. The key aspects of the production process involve inventory management, merchandising, and customer service to ensure a positive shopping experience.
Production inputs
The main inputs required for this industry include the music and video recordings themselves, which are sourced from publishers, record labels, and other wholesalers. Retailers also require physical store space, shelving and display equipment, and skilled staff to manage inventory and assist customers. Additionally, investments in marketing and advertising may be necessary to attract and retain customers.
Production outputs
The primary output of this industry is the sale of music and video recordings to consumers. These products may then be consumed by households for personal entertainment or used as inputs for 59.11 Motion picture, video and television programme production activities and 59.20 Sound recording and music publishing activities. The retail sale of physical media also supports the broader creative industries and contributes to the cultural and economic landscape.
Revisions to 47.63
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 47.63. The most recent 43 versions of this code (47.63) is in the NACE v2.1 system:
This page shows a legacy version of code 47.63 ( NACE v2.0).
Newer versions
Related ISIC Codes
These isic codes are related to this econ code: (47.63).
ISIC code | ISIC Version | ISIC title |
---|---|---|
4762 | ISIC v4.0 | Retail sale of music and video recordings in specialized stores |
Family tree for retail sale of music and video recordings 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/47/6'>47.6: Retail sale of cultural and recreation goods in specialised stores</a>"] C --> D["<a href='/classifications/nace/v2/G/47/63'>47.63: Retail sale of music and video recordings in specialised stores</a>"] C --> E["<a href='/classifications/nace/v2/G/47/61'>47.61: Retail sale of books in specialised stores</a>"] C --> F["<a href='/classifications/nace/v2/G/47/62'>47.62: Retail sale of newspapers and stationery in specialised stores</a>"] C --> G["<a href='/classifications/nace/v2/G/47/64'>47.64: Retail sale of sporting equipment in specialised stores</a>"] C --> H["<a href='/classifications/nace/v2/G/47/65'>47.65: Retail sale of games and toys in specialised stores</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px 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 H 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