Monetization: meaning, definitions and examples
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monetization
[ ˌmɒnɪtɪˈzeɪʃən ]
online platform
The act or process of earning revenue from a website, application, or online content through various methods such as advertising, subscriptions, or selling products/services.
Synonyms
commercialization, profit-making, revenue generation.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| monetization |
This term is often used when discussing the process of converting something into money or revenue. It's common in the context of digital platforms and online content.
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| commercialization |
Commercialization refers to the process of bringing a new product or service to the market. It's commonly used in the context of new technologies or inventions.
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| profit-making |
This phrase specifically focuses on the act of generating profit. It's often used in a business context to describe activities or ventures aimed at making money.
|
| revenue generation |
Revenue generation is typically used to describe methods and processes aimed at increasing a company’s income. It's often mentioned in financial and business planning.
|
Examples of usage
- We need to come up with a solid monetization strategy for our new app.
- Monetization is a key aspect of running a successful online business.
social media
The process of making money from a social media platform through sponsored posts, affiliate marketing, or other promotional activities.
Synonyms
earning money, monetizing.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| monetization |
Use when referring to the process of converting something into money, particularly in business contexts where free, non-revenue generating services or products are being transformed into sources of income.
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| earning money |
Appropriate in everyday contexts when simply referring to the act of making money, often used for describing personal income or straightforward business activities.
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| monetizing |
Similar to 'monetization,' but used as a verb to describe the action of turning an asset into money. It's often used in more practical, step-by-step discussions.
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Examples of usage
- She focuses on monetization by collaborating with brands for sponsored content.
- The influencer's main goal is to maximize her social media monetization.
Translations
Translations of the word "monetization" in other languages:
🇵🇹 monetização
🇮🇳 मुद्रीकरण
🇩🇪 Monetarisierung
🇮🇩 monetisasi
🇺🇦 монетизація
🇵🇱 monetyzacja
🇯🇵 収益化
🇫🇷 monétisation
🇪🇸 monetización
🇹🇷 paraya çevirme
🇰🇷 수익화
🇸🇦 تحقيق الدخل
🇨🇿 monetizace
🇸🇰 monetizácia
🇨🇳 货币化
🇸🇮 monetizacija
🇮🇸 fjármögnun
🇰🇿 монетизация
🇬🇪 მონეტიზაცია
🇦🇿 monetizasiya
🇲🇽 monetización
Etymology
The term 'monetization' originated from the word 'monetize', which is derived from the Latin word 'moneta' meaning 'money'. The concept of monetization has become increasingly important in the digital age, as businesses and content creators seek to generate revenue from their online presence. Various strategies and methods have been developed to monetize digital platforms, leading to the widespread use of the term in the context of online business and content creation.
See also: monetizing.