Commercializable

Pertaining to the potential of a product, service, or idea to be developed and marketed successfully in the commercial arena. A commercializable entity typically demonstrates feasibility, profitability, and market demand, making it suitable for capital investment and business strategies. The term is widely used in business and technology sectors, particularly in the context of startups and innovation, where assessing the commercial potential of a concept is critical for success.

Commercializable meaning with examples

• The team presented their innovative technological solution at the conference, highlighting its commercializable aspects. They emphasized how the new application could solve existing problems in the industry and cited extensive market research backing its financial viability. This endeavor attracted several investors, eager to fund a promising concept with clear commercial potential, illustrating how the right pitch could usher an idea to market readiness and profitability.
• After extensive research and development, the biotech firm managed to create a commercializable drug derived from natural resources. This breakthrough not only has the potential to treat a prevalent disease effectively but also addresses the growing consumer demand for environmentally friendly alternatives. As the company moves towards clinical trials, they aim to raise awareness about the product’s benefits while strategizing for its launch in the competitive pharmaceutical market.
• During the product development meeting, the marketing team discussed which features were most likely to resonate with consumers and make the product more commercializable. They suggested incorporating customer feedback received during focus groups while streamlining the design to enhance functionality. By focusing on user-centric modifications, they hoped to improve market acceptance and establish a robust path for future sales, solidifying the product's presence in retail spaces.
• A recent startup accelerator has taken an interest in the aspiring entrepreneurs' sustainable fashion line thanks to its commercializable designs. Their concept not only emphasizes environmental consciousness but also incorporates trendy styles that appeal to a wide audience. With the right guidance and resources, participants believe they can transform their vision into a market-ready brand, emphasizing both ethical considerations and profitability in their approach to fashion.