commoditized

adjective

com·​mod·​i·​tized kə-ˈmä-də-ˌtīzd How to pronounce commoditized (audio)
1
: made into a commodity
… it takes a good from the commons, diminishes or degrades it, and then sells it back to us in commoditized form. Pollute our lakes and rivers and then sell us swimming pools and bottled water.Jonathan Rowe
specifically, of a product or service : widely available and interchangeable with one provided by another company
Commoditized products are those things that everyone needs: clothes, toys, food, makeup, etc. These are the products that are sold by the big brands such as Target and Amazon. Eric Samson
2
: affected by commoditizing goods or services
A market is commoditized when competing products are effectively interchangeable and therefore customers make decisions based solely on price.Chris Dixon
Even if you're in a commoditized business like running a restaurant or selling coffee, you can still provide an extra level of service, ambiance and perks to make it worth it to your customers.Gene Marks

Examples of commoditized in a Sentence

Recent Examples on the Web
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The time wasted comparing features and functionality in commoditized markets can be measured in person-years in many organizations. Mark Tauschek, Forbes, 4 Nov. 2024 The special economic zone, however, is only one particularly legible facet of a global system of commoditized sovereignty. Gideon Lewis-Kraus, The New Yorker, 21 Oct. 2024 Developing and implementing these capabilities with the help of AI can enable companies to excel in commoditized markets and leap ahead of the competition. Andrew Duncan, Forbes, 26 Sep. 2024 In a commoditized marketplace where companies generally have the same access to capital, technology and human resources, a strong ethical framework could become your competitive advantage. Ken Sterling, Forbes, 23 Sep. 2024 State of play: Managing geopolitical risk has become a commoditized product in the consultancy space — and many firms are staffing up with former diplomats, politicians and operatives in response. Eleanor Hawkins, Axios, 12 Sep. 2024 Analogously, although China’s vibrant e-commerce sector might suggest a plethora of consumer choices, in reality, major platforms such as Alibaba, Pinduoduo, and Shein compete fiercely to sell the same commoditized products. Zongyuan Zoe Liu, Foreign Affairs, 6 Aug. 2024 For decades, China focused on building a comprehensive supply base for commoditized electronic components that remains unparalleled. Marco Quiroz-Gutierrez, Fortune, 2 July 2024 Over time, though, these traditional goods have become increasingly commoditized, pushing the heirloom techniques behind them to the brink of extinction. Chris Schalkx, Condé Nast Traveler, 30 Jan. 2024

Word History

First Known Use

1976, in the meaning defined at sense 2

Time Traveler
The first known use of commoditized was in 1976

Dictionary Entries Near commoditized

Cite this Entry

“Commoditized.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/commoditized. Accessed 21 Nov. 2024.

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