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Saturday, January 15, 2005

800-Pound Gorilla Strikes Again; eBay Sparks Revolt With Another Increase In Fees

800-Pound Gorilla Strikes Again; eBay Sparks Revolt With Another Increase In Fees Relief in Sight at Onlineauction.com - An $8 Monthly Membership Fee Allows You To Sell All You Want GRANTS PASS, Ore., Jan. 14 /PRNewswire/ -- With net profits already exceeding half a billion Dollars per quarter, the "Gorilla" still feels the need to raise it's rates as much as 62 percent. Business owners are angered at the online giant's announcement that the monthly fee it charges eBay store owners alone will nearly double. eBay sellers are forced to seek alternatives. 600 miles north of the "Gorilla" a real David and Goliath story is unfolding. OnlineAuction.com, a Southern Oregon-based company, has the solution for store owners unwilling to pay the increased eBay fees. "I'm not surprised at eBay's fee increases," said Chris Fain, CEO/President OnlineAuction.com and former eBay Power Seller. "This increase represents the fourth consecutive year eBay has increased pricing and further supports my frustration and reason for introducing OnlineAuction.com." Artie Klawans, an art dealer in Ft. Lauderdale, Fla. was quoted saying, "Yes, it is a free market and sellers can take their business elsewhere, but there is very little competition for this style format." Buzzing with activity since the launch of their site, OnlineAuction.com stands ready to welcome disgruntled eBay users. "I made the decision to stop selling on eBay completely," said Rick Gagliano, Publisher Downtown Magazine. "I signed up on OnlineAuction.com recently and have listed some auctions and am planning on emailing my 3000+ customers soon to alert them to your service. I very much like the concept of a flat monthly fee for listing, different auction styles and your easy interface." While Onlineauction.com doesn't have the traffic eBay has, OnlineAuction.com says they can match eBay feature for feature and a whole lot more. "At OnlineAuction.com we don't control our customer's business or dictate what they can or can not do," said Fain. "For a flat fee of $8 a month we encourage our customers to link their auctions to their own web site. We also offer every customer a private o-mail account." Fain says rather than navigating your way through the 44 different listing fees on eBay, try OnlineAuction.com. OnlineAuction.com operates on a membership basis and for a flat fee of eight bucks a month you can sell all you want and then some. "Our site has many more features than eBay-with five auction formats and automatic re-list you don't need a store front," said Fain. "Our site is buzzing with people registering-our new registered user base has quadrupled overnight. It's an amazing thing." Press Release submitted through http://www.24-7pressrelease.com/ . Source: OnlineAuction.com, Inc. CONTACT: James McAllister, Operations Director of OnlineAuction.com, Inc., +1-541-479-3840, ext. 3105 Web site: http://www.onlineauction.com/ ------- Profile: International Entertainment

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