NAICS Code 455219-04 - Trading Posts (Retail)
Marketing Level - NAICS 8-DigitUse Data For:
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- Emailing
- Calling
- Research
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NAICS Code 455219-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 455219-04
Parent Code (less specific)
Tools
Tools commonly used in the Trading Posts (Retail) industry for day-to-day tasks and operations.
- Point of Sale (POS) System
- Barcode Scanner
- Cash Register
- Inventory Management Software
- Pricing Gun
- Credit Card Terminal
- Handheld Radio
- Shopping Cart
- Hand Truck
- Display Racks
Industry Examples of Trading Posts (Retail)
Common products and services typical of NAICS Code 455219-04, illustrating the main business activities and contributions to the market.
- Western Wear
- Hunting Supplies
- Camping Gear
- Native American Crafts
- Farm and Ranch Supplies
- Outdoor Clothing
- Souvenirs and Gifts
- Home Decor
- Pet Supplies
- Fishing Equipment
Certifications, Compliance and Licenses for NAICS Code 455219-04 - Trading Posts (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Retail Sales Tax License: This license is required for all businesses that sell goods or products directly to individual consumers for their personal use or consumption. It is issued by the state government and allows the business to collect and remit sales tax. The requirements and application process vary by state.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses that sell products that may pose a safety hazard to consumers. It ensures that the business is following safety regulations and guidelines set by OSHA.
- Food and Drug Administration (FDA) Certification: This certification is required for businesses that sell food or drug products. It ensures that the products are safe for consumption and meet FDA regulations.
- Environmental Protection Agency (EPA) Certification: This certification is required for businesses that sell products that may have an impact on the environment. It ensures that the business is following environmental regulations and guidelines set by the EPA.
- Better Business Bureau (BBB) Accreditation: This accreditation is not required but can help build trust with consumers. It shows that the business has met BBB standards for trust and ethical business practices.
History
A concise historical narrative of NAICS Code 455219-04 covering global milestones and recent developments within the United States.
- The history of Trading Posts dates back to the 16th century when European explorers and traders established posts in the Americas, Africa, and Asia to trade with the local population. These posts were often located in remote areas and served as a hub for the exchange of goods, including furs, spices, and textiles. In the United States, Trading Posts played a significant role in the expansion of the country's western frontier during the 19th century. They were established by fur traders, Native American tribes, and settlers, and served as a place for trading goods, including furs, guns, and blankets. In recent history, Trading Posts have evolved to include a wider range of products, including clothing, jewelry, and souvenirs, and have become a popular tourist attraction in many parts of the country.
Future Outlook for Trading Posts (Retail)
The anticipated future trajectory of the NAICS 455219-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Trading Posts (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for unique and authentic products. Trading posts offer a wide range of products, including handmade crafts, jewelry, and clothing, which are popular among tourists and locals alike. The industry is also expected to benefit from the growing trend of eco-tourism, as trading posts often offer sustainable and locally sourced products. However, the industry may face challenges from the increasing competition from online retailers and the changing consumer preferences. Overall, the Trading Posts (Retail) industry is expected to grow steadily in the coming years, driven by the demand for unique and authentic products.
Industry Innovations for NAICS Code 455219-04
Recent groundbreaking advancements and milestones in the Trading Posts (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Virtual Trading Posts: Some trading posts have started offering virtual tours and online shopping options to reach a wider audience.
- Sustainable Products: Many trading posts are now offering sustainable and eco-friendly products, such as recycled jewelry and organic clothing, to cater to the growing demand for environmentally conscious products.
- Cultural Experiences: Some trading posts are offering cultural experiences, such as traditional dance performances and storytelling, to attract tourists and provide a unique shopping experience.
- Local Partnerships: Trading posts are partnering with local artisans and craftspeople to offer unique and locally sourced products, which are popular among tourists and locals alike.
- Social Media Marketing: Many trading posts are using social media platforms, such as Instagram and Facebook, to showcase their products and reach a wider audience.
NAICS Code 455219-04 - Trading Posts (Retail)
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