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22
May
2008

Web 2.0 Social Marketing Site's Launch Stuns Web Community

iWait.com's anticipated beta launch doubles expected users in first month.


San Francisco, CA (1888PressRelease) May 22, 2008 - A dream was born last June when the long anticipated arrival of Apple's iPhone had some customers waiting in line for 5 days. A group of recent high school graduates were the first in line at Apple's store in Walnut Creek, CA when they posted a Craigslist ad that read "I wait for your iPhone."

Intrigued by the business idea, news reporters from around the region showed up on scene to interview. That day the students created iWait.org, which, thanks to viral news (which reached around the globe) generated over 10,000 hits in two days and sparked the attention of the Venture Capital community. Following nearly a year of meetings, business planning, outsourcing to India, and many gallons of coffee and Redbull, the most intuitive and inclusive self-marketing website I have ever seen was launched on May 1st; "iWait.com."

If you've ever had the need for someone to stand in line for you, iWait sounds like the perfect name for such a business. But the catchy name means more than that. They have turned the website hub into a community of young entrepreneurial Myspace graduates who can create a profile that highlights services they provide. Anyone searching for local service providers can casually click over to iWait.com and find local talent to accomplish anything around the house, in the house, on the car or any type of business service.

As a value added service, guests can post anonymous jobs or projects without becoming members. Responses are only given by iWait members. Although some of the information is visible to the public, guest's contact information is reserved for only members to see and respond to in the help wanted section.

And since the housing slump and real estate market downfall, together with the ridiculously high prices at the pump, consumers are more than ever looking for alternative ways to make ends meet and still find the services they need. Including the Venture Capital community. With tactile investments losing value and appeal, Web 2.0 projects like these are the most promising of investments for the next few years. For more information, contact karen ( @ ) iwait dot org dot

Written by Staff Writer, Corey Rose
www.workzap.com

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Contact Information

Corey Rose

Iwait.com

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