NAICS Code 456110-08 - Pharmaceutical Consultants (Retail)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 456110 - Pharmacies and Drug Retailers - 47,642 companies, 146,831 emails.

NAICS Code 456110-08 Description (8-Digit)

Pharmaceutical Consultants (Retail) is a subdivision of the NAICS Code 456110 that involves providing expert advice and consultation services to pharmacies and drug retailers. These consultants work with retail pharmacies to optimize their operations, improve their profitability, and ensure compliance with regulatory requirements. They may also provide guidance on inventory management, marketing strategies, and customer service.

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 456110 page

Tools

Tools commonly used in the Pharmaceutical Consultants (Retail) industry for day-to-day tasks and operations.

  • Pharmacy management software
  • Inventory tracking software
  • Point-of-sale systems
  • Customer relationship management (CRM) software
  • Compliance tracking software
  • Data analytics tools
  • Marketing automation software
  • Financial management software
  • Electronic prescribing software
  • Telehealth platforms

Industry Examples of Pharmaceutical Consultants (Retail)

Common products and services typical of NAICS Code 456110-08, illustrating the main business activities and contributions to the market.

  • Pharmacy operations consulting
  • Regulatory compliance consulting
  • Inventory management consulting
  • Marketing strategy consulting
  • Customer service consulting
  • Financial management consulting
  • Data analytics consulting
  • Telehealth consulting
  • Electronic prescribing consulting
  • Compliance tracking consulting

History

A concise historical narrative of NAICS Code 456110-08 covering global milestones and recent developments within the United States.

  • The "Pharmaceutical Consultants (Retail)" industry has a long history dating back to the early 20th century when the first drugstores were established in the United States. These stores were small and primarily sold over-the-counter medications and personal care products. In the 1950s, the industry saw significant growth with the introduction of prescription drugs and the expansion of drugstore chains. The 1970s saw the emergence of pharmacy benefit managers, which helped to streamline the prescription drug process. In recent years, the industry has seen a shift towards more personalized care and the integration of technology to improve patient outcomes. In the United States, the industry has also been impacted by the opioid epidemic, which has led to increased regulation and scrutiny of prescription drug practices.