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Commercialize Meaning: Definition, Examples, and Translations

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commercialize

[kəˈməːʃ(ə)lʌɪz ]

Definition

Context #1 | Verb

business

To organize something to make a profit.

Synonyms

market, monetize, sell.

Which Synonym Should You Choose?

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Word Description / Examples
commercialize

This is used when turning something, usually a product or service, into a commercial success. It implies developing something to its full market potential.

  • The company plans to commercialize their innovative technology next year.
  • Efforts to commercialize space tourism are rapidly advancing.
monetize

Use this term when discussing ways to generate revenue from an asset, often used in the context of digital content or services.

  • The startup is looking for ways to monetize its app.
  • How can we monetize the traffic on our website?
market

This term is suitable when focusing on promoting and distributing a product or service to consumers. It emphasizes the strategic efforts to reach the target audience.

  • We need to market our new product more aggressively.
  • The team developed a comprehensive plan to market the online course.
sell

This is a straightforward term used for the direct action of exchanging a product or service for money. It is generally focused on the transaction itself.

  • They wanted to sell their old furniture quickly.
  • The shop owner decided to sell homemade candles.

Examples of usage

  • The company decided to commercialize their new product in the international market.
  • The goal of the project is to commercialize innovative ideas and turn them into successful businesses.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Business

  • The commercialization of technology has transformed industries, from agriculture to communication.
  • Many innovations begin as scientific research but become truly impactful when they are commercialized.
  • Startups often rely on a solid commercialization strategy to attract investors and ensure profitability.

Pop Culture

  • In the world of entertainment, films and music are often commercialized through merchandise and branded partnerships.
  • Social media influencers are a modern example of commercialization, as they sell products through their platforms.
  • Events like Black Friday show how commercialization impacts consumer behavior, with massive sales encouraging people to shop.

Economics

  • Commercialization is a key driver of economic growth, as it creates jobs and boosts local economies.
  • Critics argue that excessive commercialization can lead to cultural homogenization, where local traditions are overshadowed by mass-market products.
  • The concept plays a significant role in discussions about sustainability, as businesses seek profitable ways to implement eco-friendly practices.

Education

  • Many universities now offer courses on commercialization to teach students how to market innovations effectively.
  • Commercialization in education often includes creating tools and resources that enhance learning while being sold to schools.
  • The commercialization of academic research can raise ethical questions about accessibility and ownership of ideas.

Origin of 'commercialize'

Main points about word origin

  • The word 'commercialize' comes from the root 'commerce,' which refers to the activity of buying and selling.
  • It was first used in the late 19th century, during a time when trade and businesses began to flourish rapidly.
  • The suffix '-ize' turns the noun 'commercial' into a verb, indicating the act of making something commercial.

The word 'commercialize' originated in the early 20th century, derived from the word 'commercial' which has Latin roots. The concept of commercializing products or ideas has been a fundamental aspect of business and entrepreneurship, where the goal is to generate revenue and profit. As markets evolve and technology advances, the process of commercialization continues to play a crucial role in the global economy.

See also: commercialization.

Word Frequency Rank

This word's position of #31,829 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.