Web-based businesses & NAICS codes
One of the benefits of the NAICS Code classification system is that it classifies the PC- and Internet-based businesses that often defied description in the SIC Code Manual. I've noticed in WebMQS, however, that there's an attempt to classify e-commerce businesses by the product line being sold, or Web-based services by the service being offered. The 2002 NAICS code system has removed the guesswork from these situations. Just keep these codes in mind the next time you have a Web-based business client: 454111 - "Electronic Shopping" - For those establishments that retail all types of merchandise using the Internet, regardless of the product being sold . 454112 - "Electronic Auctions" - For businesses akin to eBay. 518111 - "Internet Service Providers" - For businesses that promise Internet access & other services to their customers. 518112 - "Web Search Portals" - For those businesses that maintain informational databases that vis