WebApr 18, 2024 · Commoditization is the process of converting products or services into standardized, marketable objects. This process tends to strip away unique or identifying … WebIn a quip: "Microprocessors are commoditized. Love is commodified." Examples. Concepts that have been argued as having ... and Amazon have something of a monopoly online, meaning that the commodification of online communities is accelerated and concentrated. Digital tracking, like cookies, have further commodified the use of the internet ...
Commoditize definition and meaning Collins English …
Web: a product of agriculture or mining agricultural commodities like grain and corn b : an article of commerce especially when delivered for shipment reported the damaged commodities to officials c : a mass-produced unspecialized product commodity chemicals commodity memory chips 2 a : something useful or valued that valuable commodity, patience Webcommodify in British English. (kəˈmɒdɪˌfaɪ ) verb Word forms: -fies, -fying or -fied. (transitive) to treat (something) inappropriately as if it can be acquired or marketed like other … swamp of sorrows horde fp
Commodity - Wikipedia
WebFour billion dollars a year big, and increasing annually. Entertaining and often comical advertisements have been cunningly crafted to exploit the human tendency to simplify our buying decisions by promoting this false and dangerous message: "All insurance is the same; just buy the coverage that costs the least." WebCommoditization occurs as a goods or services market loses differentiation across its supply base, often by the diffusion of the intellectual capital necessary to acquire or produce it efficiently. As such, goods that formerly carried premium margins for market participants have become commodities, such as generic pharmaceuticals and DRAM chips. WebCommoditization definition: The process of prices moving substantially lower because of strong competition. Commoditization happens because too many competitors enter a … swamp of wyrms mounts