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commoditize

verb

com·​mod·​i·​tize kə-ˈmä-də-ˌtīz How to pronounce commoditize (audio)
commoditized; commoditizing

transitive verb

1
: commodify
commoditizing bandwith
specifically : to render (a good or service) widely available and interchangeable with one provided by another company
2
: to affect (something, such as a brand or a market) by commoditizing goods or services
fierce competition threatened to commoditize prices
commoditization noun

Example Sentences

Recent Examples on the Web Opolis’ mission is to give back to global communities most impacted by the plastic pandemic by teaching locals to commoditize plastic for collection and a new life. Andrew Weaver, Outside Online, 27 Jan. 2022 These forces commoditize their brands and drive down their profit margin. Song Bac Toh, Forbes, 28 June 2022 That runs into conflict with U.S. copyright laws, which allow companies and nonprofit organizations to commoditize their work product — including pieces of a shared language. Graham Lee Brewer, NBC News, 3 June 2022 In a further evolution of the hacker’s BEC toolbox, enterprising criminals are now trying to commoditize the sale of BEC tools and techniques to aspiring cybercriminals. Stu Sjouwerman, Forbes, 18 May 2022 Measure and Kespry sought to commoditize this experience by becoming a one stop shop for clients – data capture, data analysis, and insight delivery. Harrison Wolf, Forbes, 6 May 2022 Persist in the face of prospect opposition to change or attempts to commoditize your offering. Andy Gole, Forbes, 25 Oct. 2021 Behind this assault is a sophisticated new tort machine that leverages Wall Street litigation funding, third-party brokers to collect and commoditize claims, and sweeping online marketing that recruits and coaches claimants. The Editorial Board, WSJ, 2 Mar. 2021 Standardized benefit designs threaten to commoditize insurance and stifle innovation, while potentially misleading consumers. Robert Pear, New York Times, 17 Oct. 2016 See More

Word History

Etymology

see commodity

First Known Use

1979, in the meaning defined at sense 1

Time Traveler
The first known use of commoditize was in 1979

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