Profitize: meaning, definitions and examples
💰
profitize
[ ˈprɒfɪtaɪz ]
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
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
Word origin
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.
See also: nonprofit, profit, profitability, profitable, profitableness, profitably, profiteer, profiteering, profits.