NAICS Code 454112 Electronic Auctions

The NAICS Code 454112 is described as
Electronic Auctions

Auctions, Internet retail
Electronic auctions, retail
Internet auctions, retail

Description

This U.S. industry comprises establishments engaged in providing sites for and facilitating consumer-to-consumer or business-to-consumer trade in new and used goods, on an auction basis, using the Internet. Establishments in this industry provide the electronic location for retail auctions, but do not take title to the goods being sold.

Establishments primarily engaged in-

· Retailing a general line of new and used merchandise on an auction basis from physical auction sites-are classified in U.S. Industry 453998, All Other Miscellaneous Store Retailers (except Tobacco Stores); and

· Facilitating business-to-business sales of new and used merchandise on an auction basis using the Internet-are classified in U.S. Industry 425110, Business to Business Electronic Markets;

· A combination of internet auction and auction house sales in the same establishment-are classified in NAICS 44-45, Retail Trade, based on the classification of the auction house portion of the activity

(2019-08-02)

It belongs to the code group
NAICS Code 45411 Electronic Shopping and Mail-Order Houses

To this Code "454112" belongs the sub codes
(No direct sub codes available)

The equivalent ISIC Code (Rev. 3.1) is

5259:	Other non-store retail sale
	Autres commerces de détail autres qu'en magasin

The nearest NACE Code (Rev. 1.1) is

52.63:	Sonstiger Einzelhandel (nicht in Verkaufsräumen) - Sonstiger Einzelhandel (nicht in Laderäumen)
52.63:	Other non-store retail sale - Other non-store retail sale
52.63:	Autres commerces de détail autres qu'en magasins
52.63:	Commercio al dettaglio effettuato in altre forme al di fuari dei negozi
52.63:	Otro comercio al por menor no realizado en establecimientos
52.63:	Overige kleinhandel, niet in winkels
52.63:	Anden detailhandel bortset fra butikshandel

The equivalent CPC Code (Rev. 1.1) is

xxxx:

No Code defined

Translation of the Code description

454112:

Electronic Auctions

(2019-08-02)

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