What is monetize meaning?

Monetize refers to deriving financial benefit or profit from a commodity, product, platform, service, or content created by an individual or organization. It is the process of earning money from the exploitation of an asset or resource. In the digital age, monetization typically centers around online activities such as content creation, advertising, e-commerce, and subscription models. Monetizing strategies involve deciding on how to price, market, and ultimately sell goods or services to generate revenue. For businesses, monetizing is a critical means of creating a sustainable income stream and driving growth.