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Case Study · Go-To-Market

1,000 Users in 30 Days for DrawMax

A position-based waitlist turned into the acquisition strategy for a sweepstakes launch with no existing audience.

The Boldly Bunch Team·Go-To-Market
1,000 users
in 30 days, 73% retention

The situation

DrawMax launched with an idea, a date, and no existing audience. Sweepstakes products carry a specific trust problem most categories don't: a stranger has to believe the prize is real and the process is fair before they'll hand over any personal information at all. Thirty days to hit meaningful scale wasn't just a growth target, it was a trust test with a deadline.

The strategy

We treated the pre-launch waitlist as the actual campaign rather than a placeholder before one. The mechanics mattered specifically: every signup got a visible position number and a simple, single-step referral action that moved them up the list, converting the waitlist into a self-propelling queue instead of a static form. This is a deliberate choice — position-based waitlists create urgency through visible relative status, not just scarcity of spots.

What didn't work

The first version of that referral mechanic asked for two actions, share and tag a friend, for one small reward, and signup funnel data showed a sharp drop-off exactly at that second step. We simplified it to one action within the first week of testing, then simplified it again after the second version still underperformed our target share rate, until the ask was smaller than the reward felt.

The channel mix

Paid acquisition ran narrowly targeted at lookalike audiences built from the earliest, highest-intent waitlist signups, not a broad launch-day blast, on the logic that the people most likely to actually play and stick around would resemble the people who joined earliest and with the least convincing. That decision is why the acquisition cost stayed sustainable enough to hit 1,000 users without burning the entire early budget in week one.

The result

1,000 users acquired within 30 days, and more importantly, 73% retention, meaning the large majority of people who joined on day one were still active by day thirty. That retention number was the actual proof point, not the 1,000, because any product can buy a spike of signups with enough ad spend for a weekend. Retention is what told us the waitlist mechanics had recruited people who actually wanted to be there, not people chasing a one-time incentive.

The takeaway

The waitlist wasn't a funnel stage. It was the acquisition strategy, and the referral mechanic's design, not the ad budget, is what determined whether day-30 numbers would hold or collapse.

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