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The phrase "adding value to a commodity" is correct and usable in written English.
It can be used in contexts related to business, economics, or marketing, where the enhancement or improvement of a product's worth is being discussed.
Example: "The company focuses on adding value to a commodity by improving its quality and packaging to attract more customers."
Alternatives: "enhancing a product's value" or "increasing worth of a commodity."
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One of the most straightforward means of adding value to any commodity is the processing of raw material into higher-value end-products – in this case the extraction of shea butter from shea nuts.
In the current industry in which so many products and services are considered as a commodity, their capability to add value to a product or service is an absolute necessity (Brooks 2003).
Building and managing datacenters is a commodity and spending IT cycles on managing physical infrastructure rarely adds value to a business's bottom line.
"But they add value to a party".
Another strategy is to add value to an otherwise price-driven commodity purchase.
The role it sees is being the critical hardware provider, adding value to what is likely to be a commodity business by getting into software that bridges the old and new worlds, and services around a few key industries, most likely healthcare and retail.
– Member companies can focus on differentiation and adding value to users rather than bothering with re-building another location system, which is a commodity anyway.
Therefore, genetic improvement of organoleptic fruit quality could lead not only to an increased consumption but would also add value to this food commodity.
The recent decline of Brazil's currency, the real, weakened much of the economy but added value to export commodities, especially soybeans, in the last two years.
Throughout the last century, food makers have used convenience, or at least its appearance, to add value to small-margin commodities like apples.
THE July 12 deadline set off a scramble among sightholders to hire outside marketers, develop partnerships and create new ways to add value to what is, essentially, a commodity.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com