Cathie Anderson

Folsom’s Quipt lets manufacturers control their online pricing

As consumers comb online sites such as Amazon, Newegg and eBay searching for the lowest price on a product they want, and as e-tailers battle to be the lowest, the race to the bargain basement can quickly eat away at margins for manufacturers. Folsom’s Quipt has created a cloud-based system that it says will allow manufacturers ward off price erosion.

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