![]() ![]() You may find new opportunities such as 236117 New Housing For-Sale Builders and 236115: New Single-Family Housing Construction. A two digit code allows you to look at all related 6 digit Codes in an industry. Identify Potential New Markets –ĭid you know that similar Types of Businesses will have similar types of NAICS Codes? For Example, if you know that you do well with Companies with the NAICS code 236116: New Multifamily Housing Construction, you may want to look at the Two Digit Code 23: Cons truction. By evaluating your most frequent and high paying customers, you can implement strategies to retain your best customers and find more like them. By Appending NAICS & SIC Code Information to your Existing Customer Database, you can determine which industries best represent your ideal customers. You may want to know who your ideal customer is. With the help of NAICS Association, you can acquire a Targeted Marketing List by NAICS & SIC that can be laser targeted to suit your needs. The first and most obvious use of NAICS & SIC codes is that they allow you to target your marketing to specific industries. How Do NAICS & SIC Codes Relate to My Marketing Initiatives? Industry Targeting – The SIC is still widely used by Marketers to target companies based on SIC classifications that differ from NAICS classifications. Some markets may prefer the representation of their industry within the SIC system. This inconsistency is likely attributable to the many revisions made throughout the years to a system whose founding documents are lost to history. While the NAICS system utilizes a purely production-oriented structure identifying businesses only by their primary economic activity, the SIC system moves from production-oriented logic to market-oriented logic throughout its structure. The NAICS Code was developed to eliminate the inconsistent logic utilized in the SIC system and to increase specificity from the 4 digit SIC system by creating a 6 digit NAICS code. ![]() It is the first economic classification system to be constructed based on a single economic concept. Developed in coordination with the statistical agencies of Canada and Mexico, NAICS (pronounced ‘nakes’) establishes a North American Standard that allows for a high level of comparability in business statistics among the three countries. NAICS: The North American Industry Classification System (NAICS) was established in 1997 to replace the no longer sufficient SIC system. The SIC has not been updated since 1987, however, the SIC system is still widely used. Some companies, such as D&B, have created their own 4 digit extension to the original SIC system as a means to update and expand the system so their Customers can more precisely define their Business Classification. The purpose of this task was to promote the comparability of establishment data to describe the US and Canadian Economies. Control PROV VPRS 3183/P0001/105, 1912/4867 Archival Source VPRS 3183 City of Melbourne Town Clerk's Correspondence Files II, 1910 - 1982 Public Record Office Victoria, Victorian Archives Centre.SIC: The Standard Industrial Classification (SIC) system was originally developed in the 1930’s to classify establishments by the type of activity in which they are primarily engaged. Down the left-hand side of the letter are details of the various branches of the Union. Letterhead features the words "Australasian Meat Industry Employes' Union" in bold gothic font in an arch over the crest of the Union, which consists of two workers and a cow supporting a shield. Date 6 August 1912 Place Trades Hall, Carlton Physical description Letter from the General Secretary of the Australasian Meat Industry Employes' Union requesting that new by-laws regarding the hours of operation of abattoirs also be applied to small family-owned slaughterhouses so that "competition is on an equitable basis". Digitised record Title Australasian Meat Industry Employes' Union Description
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |