Monetized

To monetize something is to convert it into, or generate, revenue, especially by incorporating it into a business model or commercial activity. This process often involves assigning a financial value to previously non-commercial resources or activities, such as online content, user data, or free services. Monetization aims to establish a sustainable income stream, allowing the continued production, maintenance, or growth of the item or service being monetized. Successfully monetizing a product or service involves identifying viable revenue models and strategies that align with the target audience and market dynamics, thus leading to profit.

Monetized meaning with examples

• The blogger decided to monetize their website by adding affiliate links to product reviews. They hoped to generate a passive income stream through commission sales, leveraging their existing audience and content. This strategy would help cover their hosting costs and enable the continued creation of informative posts, growing both their website and income.
• The app developer sought to monetize their popular game through in-app purchases and advertising. By offering optional cosmetic upgrades and reward-based ads, they aimed to provide a free-to-play experience while generating revenue. Successful monetization allows for further content development and server maintenance, supporting the game's long-term viability.
• The social media influencer learned how to monetize their brand by partnering with companies for sponsored posts. Each paid promotion of products generated income from the deals; which then would allow them to increase their influence. This shift turned their online presence into a business, providing a sustainable source of income and expanded reach.
• The research institution decided to monetize its patented technology by licensing it to various manufacturers. This enabled a greater variety of options. The resulting royalties would be used to fund further research and development. This process allowed the institution to capitalize on its intellectual property for the benefit of all.
• A library chose to monetize its digital archive of historical documents by offering premium access to researchers for a subscription fee. The fee would allow staff to maintain the service and digitized new works. It supported an increase in accessible knowledge.