[PaulHoule]

My belief about it is that a waitlist kills your business.

That is, while they are ‘waiting’ most of them have lost interest, sometimes because they just don’t need your service anymore. Every email you sent cements the notions that: (1) you are just another spammer that doesn’t respect their attention and (2) you can’t execute.

[PaulMit]

well, a lot of beautiful products and businesses use a waitlist mechanics.

Very simple way to get notification. You can follow socials, or if you don't want to read any news on your feed, you can leave your email.

People are added for waitlist on their own free will. No one is forcing them to do it :)

Don't see any big problems for users here. Especially the conclusions that you can't execute. What does this have to do with anything?

[verdverm]

How often do you sign up for a wait-list and follow through?

Are you more likely to pick a solution that is ready now, that can solve your problem today?

[PaulMit]

Personally, I subscribe to a waitlist of tools that can increase the efficiency of my work. And also tools to increase personal productivity (Notion like tools). I won't say there are VERY many of them, but if I come across a site with a good description, why not get notified when the product is ready.

For example, that was the case with Pitch.

[PaulMit]

I always give a chance to new applications, services or products that have the potential to be more effective substitutes for current problem solvers.

And besides, early users always get the benefits. For example, free use for a few years, or special subscription plan.

Not too bad for trying the product as one of the first.

[verdverm]

You might consider that you have an early adopter mindset, which is a small percentage of all people. I'd not worry about your initial wait-list conversation rates and reasons, and just keep moving forward.

[PaulMit]

Good point, thanks. It makes sense from this perspective.

[PaulMit]

Here are few examples of tools who used waitlist and same mechanics:

https://miro.medium.com/max/1400/1*8k2RcO72JNlo1tYVrlRVJw.pn...