New website creates marketplace where buyers and sellers mingle

Released on: August 4, 2008, 9:14 pm

Press Release Author: Brian Schwartz

Industry: Internet & Online

Press Release Summary: myAuctionNetwork.com combines social networking with auction
action

Press Release Body: Boynton Beach, FL - August 5, 2008 -It just might be the best of
both worlds.

Or all three worlds for that matter.

Three worlds, because the recently launched www.myAuctionNetwork.com has not
contented itself with combining the vast marketing reach of the Internet with a
decidedly down-to-earth customer service approach rooted in fostering personal
relationships.

It also aims to wed the unlike web worlds of online auctions and social networking
by being one site that does it all.

The result, the site's creator said, is a one-stop destination built on a "community
of sellers, buyers and social visitors," rather than taking on the traditionally
utilitarian and impersonal feel of most auction sites.

"It has the bells and whistles of MySpace, plus it has auctions," said Brian
Schwartz, the Boynton Beach entrepreneur behind myAuctionNetwork.com.

"One of my goals is to bring more transparency into the online auction market," he
said.

That market has seen some turmoil this year, with such upheavals as a fee hikes at
eBay that had sellers up in arms and questioning the viability of continuing to sell
their wares as profit margins shrank.

Sellers at myAuctionNetwork.com do not pay the "listing fees" other sites charge and
commissions are capped at five percent, as opposed to as much as 12 percent
elsewhere, Schwartz said.

As important as the economics, however, is the social aspect of
myAuctionNetwork.com, he added, noting that relationships can develop when buyers
and sellers and browsers mingle in the marketplace.

"Shopping should be a social event," he said. "Isn't that how we live in our actual
communities?"

Web Site: http://www.myauctionnetwork.com

Contact Details: Contact: Brian Schwartz
Phone: 480.332.5064
Email: ez@myAuctionNetwork.com

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