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commodification
(redirected from Commoditize)

   Also found in: Financial, Wikipedia 0.01 sec.
com·mod·i·fy  (k-md-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 . . . commodifies the worst sorts of . . . stereotypes" (Michiko Kakutani).


com·modi·fia·ble adj.
com·modi·fi·cation (-f-kshn) n.

commodification [kəˌmɒdɪfɪˈkeɪʃən]
n
the inappropriate treatment of something as if it can be acquired or marketed like other commodities the commodification of human life


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The only companies that should want to commoditize their markets are ones that are truly the lowest cost to produce (not to be confused with lowest price).
With the rate of change in all aspects of the coatings, paint, adhesives and sealants industries that we are experiencing today and, in combination with the competitive intensity and customer pressures to commoditize, it is most important that companies routinely and properly measure the level of their customers' satisfaction.
These standards are helping commoditize the adapter market, giving customers what they need: a comprehensive integration solution featuring consistent quality and lower cost.
 
 
 
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