For every WooComemrce store owner, handling “out of stock” item is a bit difficult task. No one likes to lose a customer due to the unavailability of an item. And it is even more difficult if your domain name is difficult to remember. After a few days, your customer forgets which website he had seen the product on. Ultimately he may never reach back to you in the future. There comes WooCommerce Waitlist to help you!
Major online shopping portals like Amazon, eBay, or XYZ, you will find that they usually do not remove their listing even if they do not have stock. Instead, they offer an option to a buyer to get notified when items become available. WooCommerce Waitlist Extension has been developed with similar functionality in mind and serves its purpose perfectly. So when your store is out of stock for some item, it will display the option where a customer can enter their email address for getting a notification when an item becomes available. On the back end of the WooCommerce Waitlist plugin, you have a great reporting feature as well which will give you the required stats regarding how many customers have registered for notification. Based on those stats you will be able to make an important decision to procure items.
As such setup is extremely easy and for most of us it should work out of the box. If you are a developer, there are plenty of hooks and filters which help you extend the functionality of the WooCommerce Waitlist.