NAICS Code 445132-02 - Phonographs-Coin Operated (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 445132-02 Description (8-Digit)

Phonographs-Coin Operated (Retail) is a subdivision of the Vending Machine Operators (Retail) industry that involves the retail sale of phonographs that are operated by coins. Phonographs are machines that play sound recordings, typically using a rotating disc or cylinder. These machines are often found in public places such as arcades, bars, and restaurants, and provide entertainment for customers.

Hierarchy Navigation for NAICS Code 445132-02

Parent Code (less specific)

Tools

Tools commonly used in the Phonographs-Coin Operated (Retail) industry for day-to-day tasks and operations.

  • Phonograph needles
  • Record cleaning brushes
  • Record sleeves
  • Record cleaning solution
  • Screwdrivers
  • Pliers
  • Wrenches
  • Wire cutters
  • Soldering iron
  • Multimeter

Industry Examples of Phonographs-Coin Operated (Retail)

Common products and services typical of NAICS Code 445132-02, illustrating the main business activities and contributions to the market.

  • Jukebox phonographs
  • Vintage phonographs
  • Retro phonographs
  • Classic phonographs
  • Antique phonographs
  • Coin-operated phonographs
  • Music-playing phonographs
  • Entertainment phonographs
  • Public phonographs
  • Commercial phonographs

Certifications, Compliance and Licenses for NAICS Code 445132-02 - Phonographs-Coin Operated (Retail)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Business License: Phonographs-Coin Operated (Retail) businesses are required to obtain a business license from the state or local government where they operate. This license allows the business to operate legally and ensures that they comply with local regulations. The requirements for obtaining a business license vary by location.
  • Sales Tax Permit: Phonographs-Coin Operated (Retail) businesses are required to obtain a sales tax permit from the state where they operate. This permit allows the business to collect and remit sales tax on the products they sell. The requirements for obtaining a sales tax permit vary by state.
  • Music Licensing: Phonographs-Coin Operated (Retail) businesses that play music in their establishments are required to obtain a music license from the performing rights organizations (PROs) that represent the songwriters and publishers. The three main PROs in the US are ASCAP, BMI, and SESAC. These licenses allow the business to legally play music in their establishment and ensure that the songwriters and publishers are compensated for their work.
  • Amusement Device License: Some states require Phonographs-Coin Operated (Retail) businesses to obtain an amusement device license to operate coin-operated machines. This license ensures that the machines are safe and comply with local regulations. The requirements for obtaining an amusement device license vary by state.
  • Consumer Product Safety Commission (CPSC) Regulations: Phonographs-Coin Operated (Retail) businesses must comply with CPSC regulations for the products they sell. These regulations ensure that the products are safe for consumers to use. The CPSC website provides information on the regulations that apply to different types of products.

History

A concise historical narrative of NAICS Code 445132-02 covering global milestones and recent developments within the United States.

  • The Phonographs-Coin Operated (Retail) industry has a rich history dating back to the late 1800s when the first coin-operated phonograph was invented by Thomas Edison. The industry grew rapidly in the early 1900s, with the introduction of jukeboxes, which became a popular form of entertainment in bars and restaurants. The industry continued to thrive throughout the mid-1900s, with the introduction of new technologies such as the 45 RPM record and the cassette tape. However, with the rise of digital music in the late 1990s and early 2000s, the industry faced significant challenges. Despite this, the industry has continued to evolve, with many operators now offering digital jukeboxes and other modern technologies. In recent history, the Phonographs-Coin Operated (Retail) industry in the United States has faced significant challenges due to the COVID-19 pandemic. With many bars and restaurants closed or operating at reduced capacity, the demand for jukeboxes and other coin-operated entertainment has decreased significantly. However, some operators have adapted to the changing market by offering contactless payment options and other safety measures. Additionally, the industry has seen growth in other areas, such as the installation of jukeboxes in non-traditional locations like laundromats and bowling alleys. Overall, the industry has a long and storied history, and it will continue to evolve and adapt to changing market conditions in the future.

Future Outlook for Phonographs-Coin Operated (Retail)

The anticipated future trajectory of the NAICS 445132-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Phonographs-Coin Operated (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for retro and vintage products. The industry is also expected to benefit from the rising popularity of vinyl records among music enthusiasts. Additionally, the industry is expected to benefit from the increasing number of bars and restaurants that are incorporating jukeboxes into their establishments to create a unique atmosphere. However, the industry may face challenges due to the increasing popularity of digital music and streaming services. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 445132-02

Recent groundbreaking advancements and milestones in the Phonographs-Coin Operated (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Touchtunes: TouchTunes is a digital jukebox that allows users to select and play music from their smartphones. The jukebox is equipped with a touchscreen interface and can be found in bars and restaurants across the USA.
  • Vinyl Record Revival: The resurgence of vinyl records has led to an increase in demand for phonographs. Many music enthusiasts prefer the sound quality of vinyl records and are willing to pay a premium for them.
  • Bluetooth Connectivity: Many modern phonographs are equipped with Bluetooth connectivity, allowing users to stream music from their smartphones or other devices.
  • Customization Options: Some phonographs offer customization options, such as the ability to change the color of the machine or add custom graphics.
  • Digital Displays: Some modern phonographs are equipped with digital displays that can show album artwork or other information about the music being played.

NAICS Code 445132-02 - Phonographs-Coin Operated (Retail)

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