2002 NAICS Definitions

454112 Electronic Auctions

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.

Cross-References. Establishments primarily engaged in--

• Retailing a general line of new and used merchandise on an auction basis from physical auction sites--are 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--are 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--are classified in NAICS 44-45, Retail Trade, based on the classification of the auction house portion of the activity

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2002 NAICS to 1997 NAICS

2002 NAICS to 1987 SIC

1997 Economic Census

Bridge Between 1997 NAICS and SIC

2002 NAICS	1997 NAICS	1987 SIC	Corresponding Index Entries
454112	454110	5961	Auctions, Internet retail
454112	454110	5961	Electronic auctions, retail
454112	454110	5961	Internet auctions, retail

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