commercialization Definition
- 1the process of introducing a new product or service into the market, with the aim of making it a commercial success
- 2the process of making something more commercial in character
Using commercialization: Examples
Take a moment to familiarize yourself with how "commercialization" can be used in various situations through the following examples!
Example
The commercialization of the internet has led to many new business opportunities.
Example
The commercialization of Christmas has turned it into a consumerist holiday.
Example
The commercialization of sports has led to increased revenue for teams and players.
commercialization Synonyms and Antonyms
Synonyms for commercialization
- marketing
- advertising
- monetization
- promotion
Phrases with commercialization
the process of developing space technology and exploration for commercial purposes
Example
The commercialization of space has led to the development of new technologies and industries.
the process of turning cultural products and practices into commodities for sale
Example
The commercialization of culture has led to the commodification of art and music.
the process of turning education into a commodity that can be bought and sold
Example
The commercialization of education has led to the rise of for-profit schools and the privatization of public education.
Summary: commercialization in Brief
Commercialization [kəˌmɜːʃəlaɪˈzeɪʃən] refers to the process of introducing a new product or service into the market with the aim of making it a commercial success. It can also refer to the process of making something more commercial in character. Examples include the commercialization of the internet, Christmas, and sports. Phrases like 'commercialization of space' and 'commercialization of culture' denote the process of developing space technology and turning cultural products into commodities, respectively.
