NAICS Code 459140-06 - Music Dealers (Retail)
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NAICS Code 459140-06 Description (8-Digit)
Hierarchy Navigation for NAICS Code 459140-06
Parent Code (less specific)
Tools
Tools commonly used in the Music Dealers (Retail) industry for day-to-day tasks and operations.
- Guitar tuners
- Drumsticks
- Keyboard stands
- Microphone stands
- DJ controllers
- Audio interfaces
- Music notation software
- Amplifiers
- Effects pedals
- Metronomes
Industry Examples of Music Dealers (Retail)
Common products and services typical of NAICS Code 459140-06, illustrating the main business activities and contributions to the market.
- Guitar strings
- Drum kits
- Keyboard synthesizers
- DJ mixers
- Audio cables
- Sheet music
- Music stands
- Harmonicas
- Ukuleles
- Saxophones
Certifications, Compliance and Licenses for NAICS Code 459140-06 - Music Dealers (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Musical Instrument Repair Technician Certification: This certification is offered by the National Association of Professional Band Instrument Repair Technicians (NAPBIRT) and is required for those who want to repair musical instruments professionally. The certification ensures that the technician has the necessary skills and knowledge to repair musical instruments to a high standard.
- Retail Sales Tax Permit: This permit is required for all businesses that sell goods or products directly to consumers. It allows the business to collect sales tax from customers and remit it to the state. The requirements for obtaining this permit vary by state.
- Occupational Safety and Health Administration (OSHA) Compliance: OSHA sets and enforces safety standards for workplaces in the United States. Retail businesses are required to comply with OSHA regulations to ensure the safety of their employees and customers.
- Federal Trade Commission (FTC) Compliance: The FTC regulates advertising and marketing practices in the United States. Retail businesses are required to comply with FTC regulations to ensure that their advertising and marketing practices are truthful and not deceptive.
- Consumer Product Safety Commission (CPSC) Compliance: The CPSC sets safety standards for consumer products sold in the United States. Retail businesses are required to comply with CPSC regulations to ensure that the products they sell are safe for consumers to use.
History
A concise historical narrative of NAICS Code 459140-06 covering global milestones and recent developments within the United States.
- The "Music Dealers (Retail)" industry has a long and rich history dating back to the early 20th century. The first music stores were established in the United States in the 1920s, and they quickly became popular among music enthusiasts. In the 1950s, the industry experienced a significant boom due to the rise of rock and roll music, which led to an increase in the demand for musical instruments and equipment. In the 1970s, the industry saw the introduction of electronic instruments, such as synthesizers and drum machines, which revolutionized the music industry. In recent years, the industry has faced challenges due to the rise of digital music and online retailers, but it has adapted by offering a wider range of products and services, such as music lessons, instrument repair, and rentals. In the United States, the "Music Dealers (Retail)" industry has undergone significant changes in recent years. The industry has faced challenges due to the rise of digital music and online retailers, which have led to a decline in the demand for physical music products. However, the industry has adapted by offering a wider range of products and services, such as music lessons, instrument repair, and rentals. In addition, the industry has seen a resurgence in vinyl records, which have become increasingly popular among music enthusiasts. Overall, the industry has remained resilient and continues to provide a valuable service to music lovers across the country.
Future Outlook for Music Dealers (Retail)
The anticipated future trajectory of the NAICS 459140-06 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 Music Dealers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of music and the rising number of music enthusiasts. The industry is also expected to benefit from the growing demand for musical instruments and accessories, as well as the increasing number of music schools and programs. The industry is also expected to benefit from the growing trend of online sales, which is expected to increase the reach of the industry and make it more accessible to consumers. Overall, the Music Dealers (Retail) industry is expected to continue to grow and thrive in the coming years.
Industry Innovations for NAICS Code 459140-06
Recent groundbreaking advancements and milestones in the Music Dealers (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Online Sales Platforms: The Music Dealers (Retail) industry has seen a significant increase in the number of online sales platforms in recent years. These platforms have made it easier for consumers to purchase musical instruments and accessories, and have also increased the reach of the industry.
- Digital Instruments: The development of digital instruments has been a significant innovation in the Music Dealers (Retail) industry. These instruments are more affordable and accessible than traditional instruments, and are also easier to transport and store.
- Music Education Programs: The Music Dealers (Retail) industry has seen a significant increase in the number of music education programs in recent years. These programs have increased the demand for musical instruments and accessories, and have also created a new market for the industry.
- Customization Options: Many Music Dealers (Retail) now offer customization options for musical instruments and accessories. This has allowed consumers to create unique and personalized products, and has also increased the value of the industry.
- Sustainable Products: The Music Dealers (Retail) industry has seen a growing trend towards sustainable products in recent years. Many retailers now offer eco-friendly and sustainable musical instruments and accessories, which has increased the appeal of the industry to environmentally conscious consumers.
NAICS Code 459140-06 - Music Dealers (Retail)
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