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NAICS Newsletter
July 1998
 
NAICS Association Newsletter - July 1998

Copyright (c) 1998, NAICS Association


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This months topics:

1. Marketing ideas using SIC and NAICS codes

2. How to get your own Business Mailing Lists CD-ROM

3. This months questions and answers


Marketing ideas using SIC and NAICS codes

Although there are many different ways SIC and NAICS codes can benefit your marketing efforts, there are three basic marketing activities that are especially important:

1. Existing customer analysis

2. New customer sales leads

3. New product or service research

 

1. Existing customer analysis...

Many companies don't realize the amount of marketing data that can come from their own customer database. This data can be a critical part of their on-going marketing plan and successful sales process, but you must first classify each customer. This classification can be as simple as SIC or NAICS code or you can add information on company size, geographic location, buying habits, etc.

If you haven't yet started classifying your customers, you are just inviting your competitors to "eat-your-lunch". There are several ways you can begin. First, you can start classifying new customers. Have your sales people ask a few basic questions about their business: SIC or NAICS code, size, location, etc. Then keep track of this new data. Second, you can go back to your existing customer database and fill in this information. To do this you could call them directly and ask, or you can get a business directory CD-ROM and search by company name, address, or phone number to get the same basic information.

If you are already classifying your customers, but haven't yet used this gold mine of information, now is the time to start. Once you have your customer database classified, the analysis can start.

Ask some basic questions:

  • What types of customers are spending the most money?
  • What types of customers are buying more in the winter or summer?
  • What types of customers are buying the least?

With answers to these and other questions about your customers you can create a marketing plan to:

  • Retain the type of customer who spends the most money.
  • Focus advertisements on the right type of customer for winter or summer.
  • Increase promotions or possibly ignore customers who spend the least.

Your customer database is the best place to start when formulating your marketing plan. Don't forget to "dig into" this valuable data.

 

2. New customer sales leads...

After you have classified your existing customer database you can determine common attributes of your best customers. These common attributes can be used to focus your attention on the best new sales leads.

Once again, you can use a business directory CD-ROM and search on those common attributes, such as:

  • SIC or NAICS code
  • Yellow Pages Heading
  • Geographic location
  • Etc.

The best business directories will let you bring up the data for direct calling, print-out mailing labels (including postal barcodes), or export the data to other programs or ASCII files. Just imagine getting sales leads of 78,000 banks or 29,000 CPA's or 10,000 garbage collections businesses. The list is nearly endless and the possibilities are just as numerous.

 

3. New product or service research...

Perhaps you have ideas for new products or services, but you're not sure how many potential customers there are for this new idea. Maybe you need initial feedback from potential customers or even potential test sites.

How do you get the total number of a specific type business? Once again, one of the best ways is a business directory CD-ROM that you can search by SIC or NAICS codes or even Yellow Pages Heading. Simply put in the CD-ROM and look up the appropriate business type. For example:

  • Bowling Centers - 6,600
  • Nursery and Kindergarten schools - 41,000
  • Air-conditioning Contractors - 49,000
  • Attorneys - 465,000
  • Barbers - 56,000
  • Pet Hospitals and Clinics - 22,000
  • Physicians - 564,000

Get the total number of each type across the country or filter on those just in your geographic area. New product or service research has never been easier using these new tools.

 


HOW TO GET YOUR OWN BUSINESS MAILING LISTS CD-ROM

Okay, I've given you lot's of reasons to use a good business directory, but I'm sure your asking, "How much does this valuable information cost and how can I get it?" Well, this is the best part.

The Business Mailing List CD-ROM that includes over 10 million listings is only $85 (or $115 with two updates so that you are always up-to-date).

You can find it at: http://store.yahoo.com/naics/busap.html

This Business Mailing List CD-ROM includes:

  • Business Name
  • Address
  • Phone Number
  • SIC Code or Yellow Pages Heading
  • 800 Numbers Phone Number
  • Fax Numbers Distance
  • US Census Information
  • Web Site URL's

Search by:

  • Business Name
  • Address
  • City, State, or Zip code
  • SIC Code or Yellow Pages Heading

 

If you need detailed information about sales volume, number of employees, etc. there is also the Business USA Profiles that also has over 10 million listings but includes more detailed information at a higher price.

You can find it at: http://www2.viaweb.com/naics/bususadat.html

It includes:

  • Business Name
  • Complete Address
  • Phone Numbers
  • Employee Size Range
  • Estimated Sales Volume Range
  • Key Contact Name
  • Title Brands Carried
  • Franchise Names & Specialties
  • Credit Rating Code
  • Primary/Secondary Businesses
  • Headquarters/Branch Identifiers
  • Stock Exchange & Ticker Symbol
  • SIC Code
  • Yellow Page Heading

Search by:

  • Business Name
  • Complete Address
  • City, State, or Zip code
  • Phone Numbers
  • SIC Code
  • Yellow Page Heading
  • Employee Size Range
  • Estimated Sales Volume Range
  • Years in the Database
  • Type of Location

The price of $745 includes annual license, unlimited previews, 1,000 business profiles, and a 2-volume printed U.S. Business Directory set of over 1 Million U.S. businesses.

 Find any of our business directories at our secure on-line storefront at:

http://www2.viaweb.com/naics/busap.html

By the way, for those of you interested in the Canadian market we also offer a Canadian version of the Business Mailing List at:

http://www2.viaweb.com/naics/canbuspag.html

 As always, you can order any of our products directly by phone or fax at:

NAICS Association - (435) 755-6003

 


THIS MONTHS QUESTIONS AND ANSWERS

In this section we will share some of the common questions we get on our web site along with our response.

Q. - Are SIC and NAICS codes assigned by the government or does a company classify itself?

A. - The company decides what code best fits their business. For instance, the 1997 U.S. Economic Census forms that the U.S. government sent out last year have a place for each company to fill out their own NAICS code. These NAICS codes will be available from the government when the reports are published.

 

Q. - We are currently listed under the wrong code. How can we change our classification listing?

A. - This answer is similar to above. When your company fills out any government forms that require NAICS or SIC codes, make sure that you are completing the information correctly. This is where most companies get your classification code.

 

Q. - Is there a reference index from the 1980 Canadian SIC code to the new NAICS code or even the 1987 U.S. SIC code?

A. - Yes, we have a 1980 Canadian SIC to 1987 U.S. SIC Concordance for Windows and an ASCII file for importing into your database. We haven't yet finished the reference from 1980 Canadian SIC to the new NAICS codes, but we are working on it.

 

Q. - Do the descriptions of an SIC code remain the same when using the conversion table to NAICS, or are there expanded descriptions of NAICS codes available?

A. - Because there are over 350 new industries that didn't exist in the SIC and different breakdowns in industry sectors, NAICS has a new set of descriptions to go with its new numbering system. When using NAICS you will want to use these new descriptions.

 

 

 
Classic Newsletters:

The following are classic newsletters with interesting and informative information on NAICS and SIC:

September 1998
    - NAICS 98 Enhanced CD-ROM

August 1998
    - New SIC to NAICS Bridge

July 1998
    - Marketing Ideas Using SIC and NAICS

June 1998
    - NAICS Seminar and Questions

May 1998
    - Why NAICS - Why now?


 

 

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