What to do with SwapWay?

Posted by on Nov 22, 2005 in Blog, Domains, Internet, My Projects, SwapWay.com

Within the past year I acquired the domain SwapWay.com. I just happened to come across it and liked it’s potential so I grabbed it. The name gives the impression of some sort of trading site so at the moment I am comtemplating that. However, I am open to any ideas. Do you have anything in mind?

Name Recognition:
I have come across numerous trading sites in my searches, but there are none marketed well enough to dominate the market (*Maybe this is a clue that there is no market whatsoever). Personally, I think SwapWay is a marketable name that is easily remembered. Would you disagree? If so, why?

The Marketplace:
Honestly, I have just begun to look into the trading market so my knowledge is limited. I don’t know how many people would be willing to trade online rather than sell items on ebay. Would you ever trade an item online?

Presently, I imagine SwapWay’s business model focused on advertisments and add on features such as pictures showing the product or priority placement. The standard listings themselves would be free. I think it is fair to say that the vast majority of successful online ventures offer free services to appeal to the masses and keep them coming back.

Yes, I’m just babbling as I’m building this plan from scratch and at the moment have no direction. Any comments would be much appreciated.