the act of commercializing something; involving something in commerce
"my father considered the commercialization of Christmas to be a sacrilege"; "the government tried to accelerate the commercialization of this development"; "both companies will retain control over the commercialization of their own products"
the act of commercializing
Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development and the one where the most money will have to be spent for advertising, sales promotion, and other marketing efforts. Commercialization is often confused with sales, marketing or business development. The Commercialization process has three key aspects: ⁕The funnel. It is essential to look at many ideas to get one or two products or businesses that can be sustained long-term. ⁕It is a stagewise process, and each stage has its own key goals and milestones. ⁕It is vital to involve key stakeholders early, including customers.
The numerical value of commercialization in Chaldean Numerology is: 5
The numerical value of commercialization in Pythagorean Numerology is: 6
Examples of commercialization in a Sentence
The way to make an impact is to go to the commercialization of the device, so we certainly want to explore that path.
This new law will precipitate an environmental crisis by opening the flood gates to unfettered commercialization by wealthy and well-connected offshore investors who will plunder what is left of this fragile paradise.
There is often a fine line between commercialization and memorialization, the tourism industry must look at the messages presented at these places -- the history, heritage, politics -- and what visitors are taking away with them.
This signifies the policy changes from the central government as China is moving to commercialize GMO corn, gMO corn commercialization would benefit Chinese farmers, especially those in northeastern China.
(...) These new investments will allow us to accelerate the deployment of our DAC and AIR TO FUELS technologies, with an increasing focus worldwide on the need for aggressive emissions reductions, CE's technology can play a major role, and energy industry leaders like Occidental and Chevron will greatly accelerate commercialization of CE's technology.
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Translations for commercialization
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"commercialization." Definitions.net. STANDS4 LLC, 2020. Web. 5 Apr. 2020. <https://www.definitions.net/definition/commercialization>.