GTM Sauce

Runify · B2C · ranked running app

Email your waitlist two updates, then a launch video with a half-price code

Discount codes brought most launch-day revenue; 32% of emails hit spam, 20% opened

Mixedemailpr-launchpricing

What they did

During the build, sent ~2 progress-update emails to the 2,000-person waitlist. At launch, sent a launch video with a discount code giving the subscription at half price.

What happened

Discount codes were most of launch-day revenue, but deliverability was poor: 32% of emails went to spam and ~20% opened. Founder now calls waitlists 'stupid' next to pre-orders.
Stage
launch

In their words

Caleb Dean - I speedran an ai app from 0 to $100k exit in 26 days

Play from 27:07
27:03

Joseph ChoiDid you actually do that? Like what did you send to these people who signed up the email?

27:07

Caleb DeanYeah, so when we actually launched the app, we sent them um oh actually throughout the the process of building the app, um we were sending kind of updates of where we're at. So I think we sent like kind of two update emails, and then we sent like a launch video which then came with like a referral like discount code, and when they applied that, they could get the the subscription for like half-price.

27:30

Joseph ChoiDid that work? Did did people actually go through with the discount codes?

27:39

Joseph ChoiOh, wow. On launch day. Interesting. That first like 3,000 in revenue that you did in that first month, that was mostly from just the waitlist itself?

27:48

Caleb DeanSorry, I should have specified. That was the majority of income we did on launch day.

27:52

Joseph ChoiOn launch day? Okay. Cool. Yeah.

Caleb Dean… knew my core user like probably wouldn't be on X, like it might get a couple like founders who are runners, but at the end of the day, like any sort of traffic's good. And then we sent out our email to all our email subscribers. I personally messaged every single early adopter, cuz that's one thing we had to do is like as part of the early adopter $5 payment that they gave us is they had a lifetime subscription, so we had to like make sure they

42:01

Caleb Deanmake an account, sign up, and then we actually like give them that lifetime subscription. So there was a little bit of like support on that end. And, yeah, pretty much we clicked release on the app, and we had like 3,000 people just They didn't even download it. It just downloaded to the their device. They got an email, and like that's why I think I think it's like super valuable. Like why I think waitlists are stupid. Like with our waitlist, yeah, we had 2k subscribers, but we had like 32% of our emails go to spam folder,

42:29

Caleb Deanand I think we had like 20% of people open them, which apparently is actually decent like for an email that's not warmed up.

Get tactics like this every Monday

New tactics from the week's founder interviews, each linked to where it was said.

More from this episode

Tags: waitlist, launch-discount, half-price