What context can I use each word in?
Learn when and how to use these words with these examples!
commercialization
Example
The commercialization of the new technology led to its widespread availability in the market. [commercialization: noun]
Example
The company focused on commercializing their innovative ideas to generate revenue. [commercializing: present participle]
monetization
Example
The monetization of their website was achieved through advertising and subscription models. [monetization: noun]
Example
The company explored different ways to monetize their mobile app and increase their revenue. [monetize: verb]
Good things to know
Which word is more common?
Monetization is more commonly used than commercialization in everyday language, especially in the context of online platforms, digital content, and technology. Monetization has become a popular term in the era of internet-based businesses and revenue models. However, commercialization is still widely used in the fields of business, entrepreneurship, and innovation.
What’s the difference in the tone of formality between commercialization and monetization?
Both commercialization and monetization can be used in formal and informal contexts. However, commercialization is often associated with a more formal tone due to its connection with business and entrepreneurship, while monetization can be used in a broader range of contexts and is more adaptable to different levels of formality.