All Press Releases for January 27, 2005

Worker Bees Tired Of Supporting Corporate Giant--EBay



    /24-7PressRelease.com/ - January 27, 2005 - EBay's increased fees announcement is causing quite a buzz, as the Worker Bees who built up the eBay colony claim they can just as easily bring it down and build another.

"Not good for the sellers, the buyers or eBay-we all lose," said Eileen Szydlowski an eBay Seller from Pennsylvania. "We the sellers and buyers made the company into what it is today. We have the same power to leave and leave eBay as just a memory from the past."

EBay fee changes include a 40% increase in its Gallery fee, up to a five fold increase to use the Buy it Now feature, and a 52% increase in commissions charged on eBay Store sales. Overall, members of the Professional eBay Sellers Alliance (PESA) are reporting that they will pay up to 22% more to eBay than before the increase.

According to Eric Hellweg, CNN/Money contributing columnist, eBay, long thought to be immortal is, in fact a mortal company.

"EBay has enjoyed what they considered to be an immortal status for years," said Chris Fain, Founder and CEO of OnlineAuction.com. "Every good business person knows there's no such thing as immortality."

OnlineAuction.com's flat $8 a month membership fee allows you to list as many items as you want. It's this membership fee, a single transaction monthly invoice, that will keep costs down resulting in more profit for sellers and better deals for buyers. No long or complex invoices to reconcile, no credits to track, and no listing fees for items you didn't sell.

The online petition (www.petitiononline.com) protesting eBay's fee hike has the hive buzzing with almost 22,000 signatures. Based on these results an eBay Boycott-No Listing Day--is scheduled to begin on the day eBay's increase in fees goes into effect. The boycott will run for seven days straight from February 18 through February 25.

"The difference between eBay and OnlineAuction.com is size," said Fain. "Let's face it, they are a behemoth and we are a very small company with heart. We have arisen from many who helped build eBay, including myself. I believe within just a few months Onlineauction.com will gain a significant share of eBay's Power-Sellers."

Contact info:
James McAllister
Operations Director
OnlineAuction.com, Inc.

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