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Commoditization

In business literature, commoditization is defined as the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers. It is the movement of a market from differentiated to undifferentiated price competition and from monopolis…

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Commoditization

Nodes17
Edges16
Triples0
Avg. degree1.88
Density0.117647
Components1

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value brand commodification market commodities consumers process becoming price competition perfect weakened products become previously particularly since business goods uniqueness

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