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"Commoditized" meaning "sold as a product?" If you can produce more than one and sell it at a price people are willing to pay, it will be commoditized - right?
by brandonmenc 11y ago
"Commoditized" meaning "sold as a product?"
If you can produce more than one and sell it at a price people are willing to pay, it will be commoditized - right?
Particle colliders probably won't be commoditized; spacecraft will.
- T-A 11y agoIt usually means a product which can be bought from multiple providers, all largely equivalent in terms of features, and therefore primarily competing on price: https://en.wikipedia.org/wiki/Commoditization https://en.wikipedia.org/wiki/Commoditization Crude oil and oil paintings signed by Pablo Picasso have both been known to be sold for money, but only one of them is a commodity.