OKR template to boost frequency of customer repeat purchases
Your OKR template
Implementing satisfaction surveys, improving the efficiency of customer service and formulating a loyalty and rewards program are initiatives aimed at reducing customer churn. They serve the underlying purpose of identifying customer dissatisfaction areas, amplifying customer needs and encouraging customers to persistently choose the company's services.
To achieve a 20% rise in repeat purchases, the plan involves boosting customer service training, rolling out a loyalty program, and deploying personalized email promotions. These strategies aim to create more compelling interactions with customers, incentivizing repeat purchases through exclusive program benefits and personalized promotions.
Lastly, to enhance the participation in the loyalty program, the initiatives include increased promotion of the program, enriching its exclusive benefits, and initiating referral incentives. This addresses the need to create buzz around the loyalty program and encourage existing members to refer new customers.
ObjectiveBoost frequency of customer repeat purchases
KRReduce churn rate by 10% within the customer base
Implement customer satisfaction surveys to identify problem areas- Improve customer service response time and efficiency
- Develop a loyalty rewards program to incentivize repeat business
- KRAchieve a 20% increase in repeat purchases by existing customers
- Enhance customer service training for team
- Implement a loyalty program with exclusive benefits
- Deploy personalized email marketing promotions
- KRImprove customer loyalty program participation by 15%
- Increase promotion of loyalty program in store and online
- Enhance benefits exclusive to loyalty program members
- Launch referral incentives within the program
How to edit and track OKRs with Tability
You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.
Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.
With Tability you can:
- Use AI to draft a complete set of OKRs in seconds
- Connect your OKRs and team goals to your project
- Automate reporting with integrations and built-in dashboard
Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.
The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.
Step 1. Sign up for a free Tability account
Go tohttps://tability.app/signup and create your account (it's free!)
Step 2. Create a plan
Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.
Step 3. Use the magic importer
Click on Use magic import to open up the Magic Import modal.
Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.
Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!
Now, just click on Import from text and let the magic happen.
Once your example is in the plan editor, you will be able to:
- Edit the objectives, key results, and tasks
- Click on the target 0 → 100% to set better target
- Use the tips and the AI to refine your goals
Step 4. Publish your plan
Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.
From there you will have access to all the features that will help you and your team save hours with OKR reporting.
- 10+ built-in dashboards to visualise progress on your goals
- Weekly reminders, data connectors, and smart notifications
- 9 views to map OKRs to strategic projects
- Strategy map to align teams at scale