Thursday, 4 February 2016

SIC Code and Industry Appending

Add Standard Industrial Classification (SIC) codes to the records in your business database. Use this
information to segment your customer by Industry type. The SIC Codes also gives you the data intelligence to target industries with the highest propensity to purchase your product or service, which are the industries that you are currently doing the most business with.
SIC codes and your business - what you need to know           
Standard Industrial Codes, also known as SIC codes, are important but often misunderstood pieces of information. SIC codes give an easy way of understanding what a business does. They are used by bodies like Companies House to provide an overview of a business’s activities. As a business owner you will need to know the relevant SIC code when you come to fill in your Annual Return.
However, SIC codes have a number of important applications and uses – the most important of which arises during the Annual Return filing process. You will need your SIC code if your business is required to file an Annual Return with Companies House. You will have to enter the code in order to complete the filing process.
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Benefits of SIC code appends
Reach targeted businesses: By using Standard Industrial Classification (SIC) codes you can target and focus your marketing efforts on the right businesses. SIC classify all companies by industry codes. This allows you to segment business prospects to industries that potentially have a need for your product or service.  If perhaps you require a large list of businesses under a specific SIC or NAICS, location, or size, customized business lists can be made to suit your needs. These customized business lists will save you time, money, and effort.  
Enable personalized marketing, based on corporate profiles:  You already have a large database of your current customers. But do you know what industries your best customers are in? Do you know what industries to pursue to grow your business? Do you know what companies you work well with? With a SIC Code Append, you can have SIC codes matched to companies in your database. This information will paint a clear picture of your best customers and the best industries to focus on. 
Increase lead generation and marketing ROI: By using SIC codes appending you can increase lead generation and marketing ROI.  SICCODE gives your company the great opportunity to build a custom profile to market the strengths of your business. The addition of your company’s logo, description, and contact information helps paint a clear picture of your business. Adding products photos and descriptions really lets a potential customer see what your company can do.








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