publicizing vs merchandising

publicizing and merchandising both are nouns.

Word	Noun	Adjective	Verb	Adverb
publicizing	Yes	No	No	No
merchandising	Yes	No	No	No

As nouns, publicizing and merchandising are synonyms defined as:

publicizing and merchandising: the business of drawing public attention to goods and services

Other synonyms of publicizing include advertising.

publicizing (noun)	merchandising (noun)
the business of drawing public attention to goods and services	the exchange of goods for an agreed sum of money
	the business of drawing public attention to goods and services
	branded products meant to promote another product, especially films and pop groups