WooCommerce Wishlists Extension:
Amazon has been using the wishlist functionality for a long while now. A few studies were conducted recently to increase customer conversion. Adding a wishlist option helped in conversions. WooCommerce Wishlists extensions will add new functionality in your store by allowing customers to add products to their wishlist.
By providing this facility, you are ultimately increasing the possibilities of selling products by email marketing. I would personally recommend forcing visitors to open an account before adding an item to the wishlist. You can see the products in the customer’s wishlist and can offer them discounts.
Also allowing them to share their wishlist with their near and dear ones through social media will be an added advantage and will make your WooCommerce store go viral over there. You can also use various marketing strategies to enhance your conversion rate.
After installation which is very simple and straightforward, you can customize almost everything starting from text to button colors and messages that will be shared on social media. You can change the look from the backend too. While changing design, make sure you use custom CSS so that whenever you update the theme, you will not lose the customizations.