NAICS Code 423420-30 - Postage Stamp Dispensing Machines (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423420-30
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Looking for more companies? See NAICS 423420 - Office Equipment Merchant Wholesalers - 3,818 companies, 66,231 emails.

NAICS Code 423420-30 Description (8-Digit)

Postage Stamp Dispensing Machines (Wholesale) is a subdivision of the Office Equipment Merchant Wholesalers industry that involves the wholesale distribution of machines that dispense postage stamps. These machines are designed to provide convenience to customers who need to purchase stamps outside of post office hours or locations. Postage Stamp Dispensing Machines (Wholesale) companies purchase these machines from manufacturers and distribute them to retailers, such as grocery stores, gas stations, and other businesses that require the sale of postage stamps.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

Tools commonly used in the Postage Stamp Dispensing Machines (Wholesale) industry for day-to-day tasks and operations.

  • Postage stamp dispensing machines
  • Coin and bill acceptors
  • Touchscreen displays
  • Thermal printers
  • Barcode scanners
  • Cash drawers
  • Keyboards
  • Power supplies
  • Modems
  • Wireless communication devices

Industry Examples of Postage Stamp Dispensing Machines (Wholesale)

Common products and services typical of NAICS Code 423420-30, illustrating the main business activities and contributions to the market.

  • Grocery stores
  • Gas stations
  • Convenience stores
  • Pharmacies
  • Office supply stores
  • Banks
  • Hotels
  • Airports
  • Train stations
  • Universities

History

A concise historical narrative of NAICS Code 423420-30 covering global milestones and recent developments within the United States.

  • The history of the Postage Stamp Dispensing Machines (Wholesale) industry dates back to the early 20th century when the first vending machines were introduced in the United States. These machines were initially used to dispense gum and candy, but soon the concept was extended to other products, including postage stamps. The first postage stamp vending machine was introduced in 1905 by the United States Postal Service. These machines were initially mechanical, but with the advent of electronics, they became more sophisticated and efficient. In recent years, the industry has seen a shift towards digital postage solutions, but the demand for physical postage stamps remains strong. In the United States, the industry has seen steady growth over the past few decades, driven by the increasing demand for postage stamps and the growing popularity of vending machines. The industry has also benefited from the development of new technologies, such as digital payment systems and cloud-based inventory management tools. In recent years, the industry has faced challenges from the COVID-19 pandemic, which has led to a decline in mail volume and a shift towards digital communication. However, the industry is expected to recover in the coming years as the economy improves and mail volume returns to pre-pandemic levels.