The word "commoditization" is correct and can be used in written English.
You can use it to refer to the process of turning something, typically goods or services, into a commodity. This means that the item becomes standardized and interchangeable, leading to a decrease in differentiation and value. Example: The increasing competition in the smartphone market has led to the commoditization of these devices, making it difficult for companies to stand out and maintain higher prices.
The leveling and commoditization of knowledge as a shared, common resource will set the stage for the creation of new, original and arbitrary knowledge.
Yes, of course, the commoditization of news has created an environment in which we're told that certain things are important that simply aren't.
"Selling on price is a pathway to commoditization," Mr. Passikoff said, which can devalue a brand image.
The culprit is commoditization, which made Japan's prized technology indistinguishable from everyone else's.
The commoditization of global agriculture has aggravated the destabilizing effects of these large-scale land grabs.
"The commoditization of news has created an environment in which we're told that certain things are important that simply aren't," he said in the Hollywood studio that has been his second home while he works on his new HBO series, "The Newsroom".
I wish I had real choices, but with capacity and route cuts, mergers and the overall commoditization of air service, none of us do anymore.
"Only a few years ago, all domestic carriers were chasing the commoditization of the business," says Glen W. Hauenstein, Delta Air Lines' executive vice president for network planning, revenue management and marketing.
In February, the Academy said in a statement, "Oscars should be won, not purchased," but added that it had no "legal means of stopping the commoditization of these particular statuettes".
"The commoditization of the news and the devaluing of truth are just a part of our way of life now.
Allstate's goal is to "fight the commoditization" of insurance, said Susan Credle, chief creative officer at Burnett, and use marketing to increase sales and market share rather than wooing customers interested in "cheaping out" their insurance purchases.
