54184 - Media Representatives
When it comes to advertising and media buying, NAICS code 54184 plays a crucial role in defining the businesses that act as intermediaries between media owners and advertisers. If you're exploring opportunities in the advertising industry or looking to understand government contracting better, knowing about Media Representatives under NAICS 54184 is essential.
What is NAICS Code 54184?
NAICS code 54184 is titled Media Representatives. This industry classification encompasses establishments primarily engaged in representing media owners by selling advertising time or space. These media representatives facilitate the process of placing advertisements across various media platforms on behalf of clients, ensuring the right audience is reached effectively.
Sector Overview
NAICS 54184 falls under the broader sector of:
Professional, Scientific, and Technical Services
This classification highlights its professional nature, involving specialized knowledge and negotiation skills related to advertising sales.
Typical Business Activities under NAICS 54184
Businesses operating under this NAICS code often engage in activities such as:
- Acting as advertising sales agencies representing various media outlets.
- Media buying or planning agencies responsible for purchasing advertising space and time.
- Serving as advertising representatives for different media types, including:
- Television broadcasting stations
- Radio stations
- Newspapers and print media
Examples include:
- Advertising sales agencies managing ad placements for multiple channels.
- Media buying agencies negotiating ad space and optimizing media exposure.
- Representatives selling advertising slots for cable TV providers.
Size Standards for NAICS 54184 Eligibility
For government contracting and small business considerations, the U.S. Small Business Administration (SBA) defines size standards based on annual receipts.
- Size Standard: Typically, businesses classified under NAICS 54184 qualify as small if they have annual receipts of $16.5 million or less.
It's important for businesses to check the current SBA size standards as they can change periodically.
Detailed NAICS Code 54184 Table
Attribute | Details |
---|---|
NAICS Code | 54184 |
Title | Media Representatives |
Description | Establishments representing media owners in selling advertising time or space. |
Sector | Professional, Scientific, and Technical Services |
Typical Businesses | Advertising sales agencies, media buying agencies, TV, radio, and print advertising representatives |
Size Standard | $16.5 million maximum annual receipts (Small business) |
Primary Activities | Selling advertising space/time, media planning, ad placement facilitation |
Frequently Asked Questions (FAQ)
What industries do Media Representatives work with?
Media representatives work closely with industries such as broadcasting, print publishing, digital media platforms, and advertising agencies.
Can a media buying agency be classified under NAICS 54184?
Yes, media buying agencies that purchase advertising time or space on behalf of clients fall under this NAICS code.
How does NAICS 54184 differ from other advertising-related NAICS codes?
NAICS 54184 specifically targets establishments acting as intermediaries representing media owners, while other codes like 541810 cover advertising agencies that create and produce advertising campaigns.
Why is it important to know the size standards for NAICS 54184?
Knowing size standards is essential for small businesses seeking government contracts, as it determines eligibility for set-aside contracts and other benefits.
Are digital advertising platforms included under NAICS 54184?
Traditional media representatives are primarily covered, but with evolving media landscapes, some digital media sales representatives may also fit this classification. Verify specifics with current NAICS descriptions.
Conclusion
NAICS code 54184 is a critical classification for businesses involved in the representation and sale of advertising time and space across various media channels. Whether you're an advertising sales agency, a media buying firm, or a business exploring federal contracting opportunities, understanding this NAICS code helps you position your business strategically. Keep in mind the size standards and explore how your services align with the professional sector of media representatives.
Keywords: NAICS code 54184, Media Representatives, Advertising Sales Agencies, Media Buying Agencies, Professional Services NAICS, Media Advertising, Government Contracting, Small Business Size Standards