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Definition:
The
Standard Industrial Classification (SIC) Code is a U.S. Department
of Commerce system that organizes all industry types in the U.S.
Each business establishment is classified according to its primary
activity, signified by a 4-digit SIC code.
D&B (formerly Dun & Bradstreet) has implemented a proprietary system
that expands the U.S. SIC code system by appending up to 4 additional
digits to the standard 4-digit SIC code, allowing more specific
business definitions.
The SIC system is divided into five levels:
- Main Division - Indicated by letters A-K
- 2-digit SIC codes - Major groups within the main divisions
- 4-digit SIC codes - Specific industries within the major groups
- 6-digit SIC codes - Sub-industries within the specific industries
- 8-digit SIC codes - Lines of business within the sub-industries
Primary vs. Secondary SIC codes
The Primary SIC code is the first SIC code in the list of all SIC
codes for each company. It typically reflects the company's main
line of business. The Secondary SIC code is any SIC code listed
for a company, other than the first. Secondary SIC codes reflect
additional industries in which that company participates, but
are not considered the company's main line of business. Companies
can list up to five secondary SIC codes. For example, a car dealership
that also does auto repair might list 5511-9901 Automobiles, new
and used as its Primary SIC code and might list 7538-0000 General
automotive repair as a Secondary SIC code.
D&B Sales and Marketing Solutions' Prospect list tool allows you to build
prospect lists based on both primary and secondary SIC codes.
Using SIC codes
SIC codes allow you to analyze specific industry segments within your
database. Using this analysis, you can determine which industries
most frequently purchase your products, which industries generate
the most revenue, or which industries you may be marketing to
that do not generate enough revenue to justify continuing.
How zapdata uses SIC codes to help you
zapdata has a SIC code classification for every record contained in our
vast database of U.S. businesses. The SIC code system provides over
18,000 different industry classifications (SIC codes)
to help you precisely target your markets. zapdata provides several
easy ways for you to find just the right SIC codes so that you can
target the markets that are right for you. In many cases, you'll
know exactly which lines of business you want to include. Otherwise,
zapdata can help you find them. Use zapdata to:
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Get FREE industry reports. These reports contain valuable industry statistics
on the SIC code of your choice.
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Enhance your prospect and customer
files with SIC codes and other decision-driving business information.
- Find qualified sales leads within your best SIC codes using our prospect lists tool.
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