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Profitize: meaning, definitions and examples

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profitize

[ ˈprɒfɪtaɪz ]

Verb

^{Context #1 | Verb}

business

To seek to make a profit or financial gain from (an investment or business venture). It involves maximizing revenue while minimizing expenses in order to increase the net income of a business.

Synonyms

capitalize, commercialize, monetize.

Which Synonym Should You Choose?

Word	Description / Examples
profitize	As mentioned, this term is less common and overlaps in meaning with 'monetize' and 'capitalize.' It might be more frequently used in internal or informal settings. The startup is looking to profitize its niche market.
monetize	Commonly used in the context of generating revenue from assets, content, or activities, particularly in digital and media industries. They are finding new ways to monetize their online content. The app has several features that can be monetized.
capitalize	Used when talking about leveraging an asset or opportunity to gain financial benefit. Business contexts frequently use this term. He hopes to capitalize on the growing demand for eco-friendly products. They are capitalizing on their extensive customer base.
commercialize	Used when discussing turning something into a commercial product or service. Often seen in the context of research, technology, or ideas that are being made marketable. The research team aims to commercialize their new battery technology. The invention was commercialized to reach a wider market.

Examples of usage

Many startups focus on profitizing their products in order to attract investors.
The company decided to profitize their services by offering premium subscription plans.
The main goal of profitizing a business is to ensure long-term financial sustainability.
Entrepreneurs often struggle with the balance between profitizing and providing value to their customers.
Profitizing strategies may vary depending on the industry and market conditions.

Translations

Translations of the word "profitize" in other languages:

🇵🇹 lucrar

🇮🇳 लाभकारी बनाना (lābhakārī banānā)

🇩🇪 profitieren

🇮🇩 menguntungkan

🇺🇦 отримувати прибуток

🇵🇱 czerpać zyski

🇯🇵 利益を生む (rieki o umu)

🇫🇷 rentabiliser

🇪🇸 lucrar

🇹🇷 kar elde etmek

🇰🇷 이익을 내다 (iigeul naeda)

🇸🇦 جَعْلُهُ مُرْبِحًا (jaʿlahu murbiḥan)

🇨🇿 ziskovat

🇸🇰 profitovať

🇨🇳 获利 (huòlì)

🇸🇮 profitirati

🇮🇸 græða

🇰🇿 пайда табу

🇬🇪 მოგების მიღება (mogebis migeba)

🇦🇿 gəlir əldə etmək

🇲🇽 lucrar

Etymology

The term 'profitize' is a modern coinage that emerged in the business and entrepreneurial context. It stems from the word 'profit,' which dates back to the 14th century and has evolved to represent financial gain or benefit. The suffix '-ize' is often used to form verbs indicating the act or process of a particular action, in this case, seeking to make a profit. As businesses and investments continue to evolve, the concept of profitizing remains a key focus for many organizations looking to achieve financial success.