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.
The NAICS industry code for Electronic Auctions is 454112. Included in this industry are:
Auctions, Internet retail
Electronic auctions, retail
Internet auctions, retail
Cross-References. Establishments primarily engaged in
Retailing a general line of new and used merchandise on an auction basis from physical auction sites - classified in U.S. Industry 453998, All Other Miscellaneous Store Retailers (except Tobacco Stores);
Facilitating business-to-business sales of new and used merchandise on an auction basis using the Internet - classified in U.S. Industry 425110, Business to Business Electronic Markets; and
A combination of Internet auction and auction house sales in the same establishment - classified in NAICS 44-45, Retail Trade, based on the classification of the auction house portion of the activity.
Information courtesy of the U.S. Census Bureau.
