423620 - Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
Navigating the world of wholesale trade can be complex, but understanding specific industry classifications helps businesses and contractors identify opportunities with precision. One such key classification is NAICS Code 423620, which covers the wholesale distribution of household appliances, electric housewares, and consumer electronics. Whether you're a supplier, retailer, or government contractor, knowing this code can streamline your market research and business development efforts.
What is NAICS Code 423620?
NAICS Code 423620 refers to establishments primarily engaged in the merchant wholesale distribution of household appliances, electric housewares, and consumer electronics. This industry classification includes businesses that sell products such as:
- Refrigerators
- Microwaves
- Televisions
- Audio equipment
- Other electric household devices
These businesses typically sell their products to retail outlets, other wholesalers, or commercial users.
Sector and Typical Business Activities
NAICS 423620 falls under the broader Wholesale Trade sector â a vital component of supply chains, connecting manufacturers with retailers and consumers. Here are common business types and activities under this classification:
- Wholesale distributors of household appliances: Companies specializing in distributing major home appliances like washing machines and ovens.
- Merchant wholesalers of consumer electronics: Businesses focusing on audio/video equipment, televisions, and related electronic devices.
- Distributors of electric housewares: Suppliers of electric kitchen gadgets, personal care electronics, and other electric household items.
Size Standards for NAICS 423620
The U.S. Small Business Administration (SBA) uses employee size standards to determine business eligibility for small business programs. For NAICS code 423620:
- Size Standard: 225 employees
- Businesses with 225 or fewer employees generally qualify as small businesses in this industry.
Understanding this threshold is essential for companies seeking to compete for government contracts or qualify for small business assistance programs.
Examples of Businesses in NAICS 423620
To better illustrate, here are examples of businesses that fall under this NAICS code:
- Appliance Warehouse Distributors â Wholesale suppliers delivering refrigerators and freezers to retail chains.
- Electronics Wholesale Traders â Firms distributing televisions, sound systems, and home theater equipment.
- Electric Houseware Bulk Suppliers â Companies specializing in products like electric kettles, coffee makers, and vacuum cleaners to retail outlets.
These businesses form a crucial link in making household appliances and electronics available to consumers nationwide.
Frequently Asked Questions (FAQs)
What products are included under NAICS 423620?
This code includes household appliances like refrigerators and ovens, electric housewares such as kitchen gadgets, and consumer electronics including TVs and audio equipment.
Who are the typical customers for businesses under this classification?
Customers are mainly retailers, other wholesalers, commercial users, and sometimes institutional buyers who purchase appliances and electronics in bulk.
Why is NAICS 423620 important for government contracting?
Identifying the correct NAICS code helps businesses target government contracts specific to their industry, qualify for small business programs, and comply with procurement requirements.
How can I find out if my business qualifies as a small business under this NAICS code?
Check the SBA size standard limits. For NAICS 423620, having 225 or fewer employees generally classifies your business as small.
Can companies involved in retail sales fall under NAICS 423620?
No. This NAICS code specifically relates to merchant wholesalersânot retailersâwho sell products in bulk to other businesses.
Understanding NAICS Code 423620 allows businesses and government contractors alike to accurately position themselves within the wholesale trade of household appliances and consumer electronics. Whether youâre seeking to expand your distribution network or explore government procurement opportunities, mastering this classification is a step toward informed and strategic growth.
Keywords: NAICS 423620, household appliances wholesaler, consumer electronics distributor, electric housewares merchant wholesaler, wholesale trade sector, SBA size standards
