IPA: /kəˈmɒdəˌtaɪzd/
KK: /kəˈmɒdəˌtaɪzd/
Changed into a product that is widely available and not unique, often leading to lower prices and less differentiation.
Many products have become commoditized, making it hard for companies to stand out in the market.
To make a product or service widely available and interchangeable with others, often reducing its uniqueness or value.
Many companies have commoditized their products to compete in the market.
Past: commoditized
Past Participle: commoditized
Commoditized is formed from "commodity" (from Latin "commoditas", meaning convenience or suitability) and the suffix "-ize" (meaning to make or to become). The word "commoditized" means to make something into a commodity, or to standardize it for mass consumption.
Think of 'commodity' as something that is made convenient or suitable for everyone, and remember that 'commoditized' means making something into a standard product.
No commonly confused words.