OKR template to significantly increase application's monthly revenue
Your OKR template
The second objective seeks to expand the user base by 30%. This objective has recognized marketing and a referral initiative as key drivers in achieving this goal. A targeted social media campaign specific to the app's audience, an enticing refer-a-friend program, and a robust email marketing strategy with personalized content are the fore fronted initiatives to bring this objective to fruition.
The third objective emphasizes improving the user retention rate by 20%. The driving force behind the achievement of this objective lies in the application's enhancements driven by user feedback. The initiatives to undertake include gathering user feedback via various platforms, analyzing this feedback to get insights and subsequently implementing the necessary enhancements.
In a nutshell, the OKRs focus on increasing the app's revenue by expanding the user base, encouraging premium subscriptions, and maximizing user satisfaction for retention targets. This will be achieved through critical marketing efforts, user engagement, application enhancements, and introduction of new enticing features.
ObjectiveSignificantly increase application's monthly revenue
KRImplement three new premium features to encourage subscription upgrades
Incorporate effective marketing strategies to promote new features- Develop new premium features based on the research findings
- Research popular premium features in similar subscription-based platforms
- KRBoost user base by 30% through marketing and referral initiatives
- Launch a refer-a-friend program with enticing incentives
- Develop a comprehensive, target audience-specific social media campaign
- Conduct extensive email marketing with personalized content
- KRImprove user retention rate by 20% with user feedback and app enhancements
- Implement app enhancements based on identified areas
- Gather user feedback via surveys, reviews, and direct communication
- Analyze feedback to identify areas for app improvement
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