commoditise
Turn into product
To commoditise something is to turn it into a commodity—a standardised product competing mainly on price rather than unique qualities.
The process strips away differentiation: Cloud computing has commoditised data storage.
Industries fear commoditisation because it erodes profit margins and brand loyalty.
Also spelled commoditize.
Diminish in worth
- diminishTo make smaller
- degradeLower in standing
- depreciateLose value over time
- trivializeMake light of
debase · dilute · homogenize · genericize · erode · undervalue · downgrade · reduce
State of being identical
- interchangeabilityQuality of being swappable
- fungibilityQuality of being substitutable
- benchmarkingMeasuring against top performers
- conformityAdherence to norms
specifications · protocols · modularity · template · normalization · streamline · consistency · metrics
Convert to revenue
- marketVenue for trade
- sellTransfer for payment
- capitalizeMake a letter large
- merchandiseCommercial products offered
productize · package · brand · commercialize · retail · franchise · license · profit
Mutual giving and receiving
- futuresContracts for future delivery
- derivativesThings derived from another
- speculationUnproven theorizing or risky investment
- arbitrageExploiting price discrepancies
wholesale · bulk · supply · demand · transaction · broker · inventory · logistics
cheapen
Diminish in worth
- diminishTo make smaller
- degradeLower in standing
- depreciateLose value over time
trivialize · debase · dilute · homogenize · genericize · erode · undervalue · downgrade · reduce · lower
uniformity
State of being identical
- interchangeabilityQuality of being swappable
- fungibilityQuality of being substitutable
- benchmarkingMeasuring against top performers
conformity · specifications · protocols · modularity · template · normalization · streamline · consistency · metrics · regulation
monetize
Convert to revenue
- marketVenue for trade
- sellTransfer for payment
- capitalizeMake a letter large
merchandise · productize · package · brand · commercialize · retail · franchise · license · profit · revenue
exchange
Mutual giving and receiving
- futuresContracts for future delivery
- derivativesThings derived from another
- speculationUnproven theorizing or risky investment
arbitrage · wholesale · bulk · supply · demand · transaction · broker · inventory · logistics · contract
commoditisecustomise
Modify to individual specifications
differentiate · individualize · tailor · bespoke · specialize
commoditisehumanize
Make more relatable
personalize · dignify · individualize · sanctify · cherish
- commodities marketTrading venue for raw materials
- essential commoditiesGoods needed for survival
- commodities traderSells raw goods professionally
- commodities exchangeVenue for trading raw goods
- commodities brokerAgent selling raw materials
- commodities tradingBuying and selling raw materials