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What does commoditised mean?

Looking for the meaning or definition of the word commoditised? Here's what it means.

Verb
  1. simple past tense and past participle of commoditise
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Examples
Cider has been commoditised by deeper and deeper discounting and increasingly ludicrous promotions in the on and off-trades.
Best anticipates new business margins to continue to decrease due to the move toward more competitive and commoditised protection products.
Both products had suddenly become commoditised, barriers to entry were very low, and prices were dropping dramatically.
However, as underwriting skills throughout the world develop, more classes of business have become commoditised and Lloyd's must develop new products.
This is a generation that will know of nothing that isn't commoditised and cannot be packaged up and sold back to us.
It pioneered and eventually withdrew from manufacturing personal computers when they became commoditised and could be made more cheaply by somebody else.

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