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To: Ella
Hi Ella,
First of all, having been offered a place on the waitlist is not a bad thing at all in my opinion.
Second, the most important tip I can give you is not to lose hope. I was also waitlisted without an interview, and then received an interview invitation, was interviewed and finally was accepted in a two weeks period.
Another tip is to try strengthen your application in one or more of the ways mentioned in the waitlist offer letter (e.g improving the GMAT, sending a letter that shows your commitment to being a part of the program, etc).
If you have any questions I'll be more than happy to help.
Yair