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I've gone both ways with retail sites in the past, and it's a long wait having a perfectly completed site waiting for google to pick you up along with orders to come in....
- On one hand, you put the site up even though it is not completely done and optimized, hoping that you will get a few rankings and make a few sales. But, you will not be assured rankings or traffic as the site is not done or optimized completely. How are you going to make sales with rankings or traffic?
- The other side of the coin is waiting until the site is completely developed and optimized, and then you launch the site aggressively within the search engines and directories. The benefit to this option is that you can come straight out of the gates and enter the search engines with good rankings and watch the traffic spike. Instead of starting out on the 4th page and battling to the 1st page, you are already there.