OKR template to increase conversion rate of free subscribers to paid subscribers
The second objective is to implement a new strategy for marketing that will increase free to paid user conversion by 15%. Tasked initiatives include creating referral programs for paid users, deploying targeted email campaigns, and developing premium features that add great value to paid plans.
The third objective is to perform monthly A/B tests thrice, which should improve landing page conversion rates by 20%. Included are the identification of key landing page elements to test, data analysis and application of the successful changes, and developing and implementing A/B versions.
Overall, the OKR heavily emphasizes marketing strategy, program development, detailed planning, and intensive testing to reach the goal of increasing paid subscription rates.
ObjectiveIncrease conversion rate of free subscribers to paid subscribers
KRRelease two new premium features exclusive for paid subscribers
Develop detailed specifications for the two new premium features- Plan a marketing campaign to promote the new features
- Execute a testing procedure to ensure feature efficiency
- KRImplement a new marketing strategy to increase free to paid user conversions by 15%
- Create incentivized referral programs for paid users
- Implement targeted email campaigns to drive conversion
- Develop premium features that add significant value to paid plans
- KRConduct 3 A/B tests monthly to improve landing page conversion rates by 20%
- Identify key elements of landing page to test
- Analyze data and apply successful changes
- Develop and implement A/B versions
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