Tampa, Fla. (PRWEB) September 3, 2005
While EBay was announcing plans to spend $100 million this year in China, officials at TWay.com said today it would continue its strategy of investing in its own customers through a policy of no listing fees and a generally low pricing structure.
EBay recently announced that it planned a $100 million investment in the PeopleÂs Republic of China this year, an investment that includes the beginning of work on a new $200 million China headquarters building. Last month, EBay announced plans to establish its PayPal service in China, as well.
TWay officials said it believes in a business culture which makes its customers the beneficiaries of low pricing structures and cutting-edge customer service.
ÂEBay obviously visualizes a future in which it expands around the world and just becomes bigger and bigger,Â said Dean Burnetti, TWayÂs president. ÂWhile we wish them well, itÂs hard to imagine how such ambitious plans will help to improve EBayÂs reputation for bloated pricing structures and mediocre customer service.Â
TWay.com (http://www.TWay.com) never charges a listing fee, Burnetti said, and TWayÂs overall pricing structure is considerably less expensive that that offered by EBay.
ÂEBay pioneered on-line auction sales,Â Burnetti said, Âbut its Achilles Heel is its high cost as well as customer service policies which draw constant criticism. Tway does better on both of those fronts.Â
TWay.com has attracted attention because of the lack of listing fees as well as its slimmer overall commission rates Â rates that are significantly lower than those found on EBay. It also places a high priority on customer satisfaction, Burnetti said.
ÂWe wonÂt be moving into China anytime soon,Â Burnetti said. ÂBut if we do, weÂre confident our Chinese customers will enjoy our lack of listing fees.Â
ABOUT TWAY.COM: TWay.com moves online buying and selling to the next level with unparalleled flexibility, options and service. It also offers marketing partnership opportunities to savvy entrepreneurs. To learn more, visit the website at http://www.TWay.com.