commodification

(redirected from Commoditization)
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commodification

the process by which goods and services are increasingly produced for the market. Compare SUBSISTENCE ECONOMY.
References in periodicals archive ?
To fight the commoditization trend, operators must offer value-added services (VAS), IT integration, and managed services, particularly since simply increasing bandwidth has proven to be insufficient.
Unfortunately, commoditization of environmental resources has created a schism in the discourse of resource use.
As painful as this scenario may be, it's a good example of the extent that commoditization has eroded our status and value as professionals.
So if you feel the commoditization train coming, start talking to your current firm's management about their plan to help you deal with it, or start calculating how you can capture a higher percentage of what your current and prospective clients have to spend in your niche.
With eight chapters discussing commoditization and technology trends, The End of Lawyers?
Commoditization of service as it becomes part of the "standard" offer, and provides little differentiation; and
P & G has responded to the influx of competition by weeding the products most vulnerable to commoditization from its product portfolio.
SATA-based SAN storage and further commoditization of FC switching and HBAs has fueled recent growth in the SAN market--and more widespread adoption in high performance computing applications.
COMMODITIZATION HAS PUSHED through the insurance product domain like a bulldozer, mowing down unique constructs and boutique pricing for the inevitable result: a level playing field.
Sloan professor of management, Sloan School of Management, MIT, with "Achieving the potentials of your organization--how to overcome the dangers of commoditization.
With the large number of new SSPs, there has been an early commoditization of the market, which has meant lower prices for storage utility services.
Breaking out of commoditization requires not only recognizing it and its effects, but an understanding of the root cause--the aging of product technology curves.