verb
- to treat or regard something as a commodity; to reduce something to the status of a tradeable good or service
Usage: third person singular present tense of 'commoditize'; often used in business and economics contexts
Examples
- The company commoditizes software by selling it as a standardized product rather than a custom solution.
- When businesses commoditize healthcare, they focus on profit margins instead of patient care.
- Technology commoditizes information, making knowledge widely available and affordable.
- The trend commoditizes education through online platforms and mass-market courses.
- Mass production commoditizes luxury goods, reducing their exclusivity and prestige.
- Social media commoditizes user data by selling it to advertisers.
- Streaming services commoditize entertainment by offering unlimited access for a monthly fee.