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commoditization

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00:56 Apr 14, 2021
English to Bengali translations [PRO]
Marketing - Marketing / Market Research
Additional field(s): Business/Commerce (general), Economics, Finance (general), Internet, e-Commerce, Marketing / Market Research
English term or phrase: commoditization
Definition from MBA Skool:
a process in which a product or a service becomes so common that the consumers cannot differentiate between the different brands offering the product or the service. This way a product becomes a commodity.

Example sentence(s):
  • One way in which a company can delay commoditization is by bundling its commoditized products or services with related offerings, to create attractive packaging that has a unique combination of offerings—even if the offerings themselves are commonplace Investopedia
  • Staying ahead of the competition is harder than ever before due to commoditization. Thousands of companies sell commoditized products, from smartphones to protein bars to clothing items. Small Business
  • Commoditization is bad because it erodes your ability to charge a healthy, profitable fee for what you make or do. When everything looks the same to your buyers, they’ll generally settle on whichever solution or product is the cheapest. Branding for the People
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
5পণ্যকরণ
Md Abu Alam


  

Translations offered


1 hr   confidence: Answerer confidence 5/5
পণ্যকরণ


Definition from lexico:
কোনো কিছুকে কেবল পণ্য হিসাবে বিবেচনা করার ক্রিয়া বা প্রক্রিয়া।

Example sentence(s):
  • শিক্ষাকে পণ্যকরণ থেকে রক্ষা করার জন্য কঠোর ব্যবস্থা নেওয়া প্রয়োজন। - swadhindesh  
Md Abu Alam
Bangladesh
Local time: 13:22
Native speaker of: Native in BengaliBengali
PRO pts in category: 2
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