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NAICS Code 449210-39 Description (8-Digit)

Electronic Retailing is a subdivision of the NAICS Code 449210, which involves the retailing of electronic and appliance products. This industry is primarily focused on the sale of electronic products through online platforms, such as e-commerce websites, social media platforms, and mobile applications. Electronic Retailing is a rapidly growing industry due to the increasing demand for electronic products and the convenience of online shopping.

Hierarchy Navigation for NAICS Code 449210-39

Tools

Tools commonly used in the Electronic Retailing industry for day-to-day tasks and operations.

  • E-commerce platforms (e.g. Shopify, Magento, WooCommerce)
  • Social media platforms (e.g. Facebook, Instagram, Twitter)
  • Mobile applications (e.g. Amazon, eBay, Walmart)
  • Customer relationship management software (e.g. Salesforce, HubSpot, Zoho)
  • Email marketing software (e.g. Mailchimp, Constant Contact, Campaign Monitor)
  • Search engine optimization tools (e.g. SEMrush, Ahrefs, Moz)
  • Web analytics tools (e.g. Google Analytics, Adobe Analytics, Piwik)
  • Payment processing tools (e.g. PayPal, Stripe, Square)
  • Inventory management software (e.g. TradeGecko, Cin7, Unleashed)
  • Shipping and logistics software (e.g. ShipStation, ShipBob, Shippo)

Industry Examples of Electronic Retailing

Common products and services typical of NAICS Code 449210-39, illustrating the main business activities and contributions to the market.

  • Consumer electronics
  • Home appliances
  • Audio equipment
  • Video equipment
  • Computers and peripherals
  • Mobile devices
  • Gaming consoles and accessories
  • Smart home devices
  • Wearable technology
  • Electronic accessories

Certifications, Compliance and Licenses for NAICS Code 449210-39 - Electronic Retailing

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

  • No specific certifications
  • Permits
  • Licenses
  • Regulatory compliance or regulations were found for the industry "Electronic Retailing" within the US.

History

A concise historical narrative of NAICS Code 449210-39 covering global milestones and recent developments within the United States.

  • Electronic Retailing has a long history that dates back to the 1970s when the first electronic point of sale (EPOS) systems were introduced. These systems allowed retailers to track inventory and sales data electronically, which was a significant advancement at the time. In the 1980s, the introduction of barcode scanning technology further revolutionized the industry, making it easier for retailers to manage inventory and improve customer service. The 1990s saw the rise of e-commerce, with companies like Amazon and eBay leading the way in online retailing. In recent years, the industry has continued to evolve with the growth of mobile commerce and the increasing use of social media for marketing and customer engagement. In the United States, the history of Electronic Retailing is closely tied to the growth of the internet. The dot-com boom of the late 1990s saw the emergence of many online retailers, including Amazon, which quickly became one of the largest retailers in the world. The early 2000s saw the rise of mobile commerce, with the introduction of smartphones and mobile apps. Today, Electronic Retailing is a major force in the retail industry, with online sales accounting for a significant portion of total retail sales in the United States.

Future Outlook for Electronic Retailing

The anticipated future trajectory of the NAICS 449210-39 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Electronic Retailing industry in the USA is positive. The industry is expected to continue to grow as more consumers shift towards online shopping. The COVID-19 pandemic has accelerated this trend, and it is expected to continue even after the pandemic is over. The industry is also expected to benefit from the increasing popularity of smart home devices and the Internet of Things (IoT). However, the industry will face challenges such as increasing competition from traditional brick-and-mortar retailers and the need to constantly innovate to keep up with changing consumer preferences.

Industry Innovations for NAICS Code 449210-39

Recent groundbreaking advancements and milestones in the Electronic Retailing industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Reality Shopping Experiences: Some electronic retailers are experimenting with virtual reality shopping experiences that allow customers to browse and purchase products in a virtual environment.
  • Same-Day Delivery: Many electronic retailers are now offering same-day delivery to customers in certain areas, which has become increasingly important as more consumers shop online.
  • Personalized Recommendations: Electronic retailers are using artificial intelligence and machine learning to provide personalized product recommendations to customers based on their browsing and purchase history.
  • Social Media Shopping: Some electronic retailers are now allowing customers to purchase products directly through social media platforms like Instagram and Facebook.
  • Augmented Reality Product Visualization: Electronic retailers are using augmented reality technology to allow customers to visualize products in their homes before making a purchase.

NAICS Code 449210-39 - Electronic Retailing

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