To transform goods or services into a commodity. This is often seen when a market moves from being monopoly-dominated to one that is in perfect competition. Because goods and services in a perfect competition have few differences, any product can be considered a commodity. also called commodification.
Related information about commoditize:
- Commoditize - Merriam-Webster Online
com·mod·i·tizedcom·mod·i·tiz·ing. Definition of COMMODITIZE. 1. : commodify; specifically : to render (a good or service) widely available and interchangeable ...
- Commoditize Definition | Investopedia
The act of making a process, good or service easy to obtain by making it as uniform, plentiful and affordable as possible. Something becomes commoditized ...
- Commoditize - The Free Dictionary
com·mod·i·fy (k -m d -f ). tr.v. com·mod·i·fied, com·mod·i·fy·ing, com·mod·i·fies. To turn into or treat as a commodity; make commercial: "Such music ...
- What is commoditize? definition and meaning
Definition of commoditize: To transform goods or services into a commodity. This is often seen when a market moves from being monopoly-dominated to one that ...
- Amazon's attempt to commoditize cloud resources falls short - GigaOM
Sep 18, 2012 ... With its new marketplace for reserved instances, Amazon Web Services has taken another step towards turning cloud computing into a ...
- Commoditize | Define Commoditize at Dictionary.com
com·mod·i·fy. /kəˈmɒd əˌfaɪ/ Show Spelled [kuh-mod-uh-fahy] Show IPA. verb ( used with object), com·mod·i·fied, com·mod·i·fy·ing. 1. to turn into a commodity; ...
- Make your commodities stand out - de-commoditize
Jul 19, 2010 ... Chances are your small business offers a few products or services that are commodities. Expert Dan Burrus tells us how to make those ...
- Definition of commoditize
commoditize definition and meaning by Oxford University Press.