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An SIC Code (from the government's "Standard Industrial Classification system",) is a number
assigned by the US Department of Labor to every industry and function in the economy. The
Lead Generator uses SIC Codes to represent your company's Products & Services, as well as
its Needs, in the database so that they are easy to match with other users' Products &
Services and Needs, as shown below.

That is, if you enter your Products & Services in SIC Code form, and another user enters
his company's Needs in SIC Code form, it is very easy for the system to match them up - and
therefore for you to identify him as a potential customer. (Likewise, it makes it easy for
him to identify you as a potential vendor.) As you can guess, if the system were to rely on
free-text matching (which is what search engines do,) it greatly increases the risk that you
won't find each other - to the point of being useless, as most people have experienced when
trying to find business on the Internet. This is usually because of misspellings, different
terminology, and imprecision. But by using SIC Codes the Lead Generator standardizes things
just enough so that vendors can find prospects (or people with a need can find potential
vendors,) quickly, easily and inexpensively.
As most commonly used by the government (i.e. for gathering and reporting statistics like
GDP and employment), the official SIC Code system has around 800 4-digit codes that represent
broad categories of products and services. For example, "2051" is the SIC Code for bakeries,
"3312" is the SIC Code for Steel Manufacturers, and "0782" is the SIC Code for Landscapers. No
matter what you make, sell or do, there is at least one 4-digit SIC Code to describe it - at
least at a high level. Likewise, no matter what product or service you need, even
government services and non-profits, there is at least one 4-digit SIC Code to represent it.
The structure of the SIC Code system allows users of the system to differentiate between
manufacturers, wholesales/distributors, and retailers too, so each company's role in the value
chain can be appropriately reflected. For example, "3429" is the SIC Code for furniture
manufacturers, "5021" is the SIC Code for furniture wholesalers, and "5712" is the SIC Code for
furniture retailers. Even furniture repair companies have their own SIC Code ("7641"). But
don't worry, you don't have to memorize them, and there won't be a test!
So that its users can be very precise about what they do (and what they need,) the Lead
Generator has expanded on the government's SIC Code system, using up to 8 digits and 13,500
codes. The entire list can be viewed
here. As
you can see, it is very detailed - but don't let that scare you. The key, when you're
trying to figure out what you should put into the database about your company, is to take your
time, and use the tools provided by the system to be accurate in what you post so that other users
can find you when they need to, and not find you when they don't need to.
That is, putting in the right SIC Codes to represent your Products & Services will enable
potential customers to find your company when they have a need for one of your products or
services. And putting in the right SIC Codes to represent your Needs will enable potential
vendors to propose solutions only to problems that you actually have.
On the other hand, putting in random SIC Codes, or inappropriate SIC Codes, for either your
Products & Services or for your Needs, will only annoy people, and make them think you
are unprofessional. So it's a good idea to be accurate and complete with your entries.
Note, though, that there is a lot of help available on the individual screens for posting or
searching using SIC Codes. But if you have trouble, feel free to contact Customer Service
for help. After all, your success is our success!
Return to the Help page.
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