Definitions for commoditized
com·modi·tized

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1. commoditizedadjective

   Transformed into a commodity

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1. commoditized

   In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers. It is the movement of a market from differentiated to undifferentiated price competition and from monopolistic competition to perfect competition. Hence, the key effect of commoditization is that the pricing power of the manufacturer or brand owner is weakened: when products become more similar from a buyer's point of view, they will tend to buy the cheapest. This is not to be confused with commodification, which is the concept of objects or services being assigned an exchange value which they did not previously possess by their being produced and presented for sale, as opposed to personal use. One way to summarize the difference is that commoditization is about proprietary things becoming generic, whereas commodification is about nonsaleable things becoming saleable. In social sciences, particularly anthropology, the term is used interchangeably with commodification to describe the process of making commodities out of anything that was not available for trade previously.Commoditization can be the desired outcome of an entity in the market, or it can be an unintentional outcome that no party actively sought to achieve. (For example, see Xerox#Trademark.) According to Neo-classical economic theory, consumers can benefit from commoditization, since perfect competition usually leads to lower prices. Branded producers often suffer under commoditization, since the value of the brand (and ability to command price premiums) can be weakened. However, false commoditization can create substantial risk when premier products do have substantial value to offer, particularly in health, safety and security. Examples are counterfeit drugs and generic network services (loss of 911).

How to pronounce commoditized?

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Numerology

1. Chaldean Numerology

   The numerical value of commoditized in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of commoditized in Pythagorean Numerology is: 1

Examples of commoditized in a Sentence

1. Prince Harry:

   Though this action may not be the safe one, it is the right one, my deepest fear is history repeating itself. I've seen what happens when someone I love is commoditized to the point that they are no longer treated or seen as a real person. I lost my mother and now I watch Meghan Markle falling victim to the same powerful forces.

2. John Marley:

   FX trading in banks is a tough business because spot trading is so commoditized and revenues are squeezed, moreover, banks have rolled back their proprietary trading desks due to the extra capital required and lower risk appetite.

3. Dave Weinstein:

   It's the thing people do to be secure and then it ends up backfiring, unless you have a state-of-the-art facility and 24/7 operation center backing it, you can't compare the level of security to something as commoditized as Gmail.

4. Marvel Studios:

   But it would have taken away from Wanda, which is what we didn't want to do, we didn't want the end of the show to be commoditized to go to the next movie — here's the white guy,' Let me show you how power works.'.

5. Fred Kennedy:

   ACTUV represents a new vision of naval surface warfare that trades small numbers of very capable, high-value assets for large numbers of commoditized, simpler platforms that are more capable in the aggregate, the U.S. military has talked about the strategic importance of replacing ‘king’ and ‘queen’ pieces on the maritime chessboard with lots of ‘pawns,’ and ACTUV is a first step toward doing exactly that.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Commoditized
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Commoditized