OKRs examples for Product Development
Creating impactful OKRs can be a daunting task, especially for newcomers. Shifting your focus from projects to outcomes is key to successful planning.
We've tailored a list of OKRs examples for Product Development to help you. You can look at any of the templates below to get some inspiration for your own goals.
If you want to learn more about the framework, you can read more about the meaning of OKRs online.
How to use these templates?
Quarterly OKRs should have weekly updates to get all the benefits from the framework.
We recommend using a spreadsheet for your first OKRs cycle. You'll need to get familiar with the scoring and tracking first. Then, you can scale your OKRs process by using a proper OKRs-tracking tool for it.
We recommend Tability for an easy way to set and track OKRs with your team.
Check out the 5 best OKR tracking templates to find the best way to monitor progress during the quarter.
Product Development OKRs templates
We've added Product Development Objectives and Key Results, but also the initiatives that relate to the OKRs.
OKRs to enhance user satisfaction and engagement with our app
Enhance user satisfaction and engagement with our app
Reduce average response time to user inquiries to under 24 hours through streamlined customer support
Regularly analyze response time data to identify bottlenecks and implement process improvements- Establish clear guidelines and documentation for resolving common user inquiries
- Train customer support agents to handle inquiries effectively and efficiently
- Implement a ticketing system for efficient tracking and prioritization of user inquiries
- Increase user retention rate by 15% through personalized push notifications and enhanced features
- Continuously monitor and optimize push notification campaigns and feature updates for maximum effectiveness
- Develop and implement a comprehensive push notification strategy based on user insights
- Analyze user behavior to identify key preferences and interests for personalized push notifications
- Enhance user experience by adding new features and improving existing functionalities
- Increase user reviews by 20% through targeted campaigns and incentivized prompts
- Use social media platforms to highlight positive user reviews and encourage others to share their experiences
- Create personalized email campaigns to request user reviews with compelling copy and visuals
- Offer exclusive incentives, such as discounts or freebies, for users who leave reviews
- Implement in-app prompts at strategic moments to remind and encourage users to submit reviews
- Increase average app rating to 4.5 stars through user feedback and app improvements
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OKRs to drive 110% growth in MRR for our new product
- Drive 110% growth in MRR for our new product
- Enhance customer retention rate for the new product by 15%
- Achieve a 10% increase in average revenue per customer for the new product
- Analyze pricing strategy and competitive landscape to optimize product pricing for maximum revenue
- Conduct market research to identify key customer segments and their willingness to pay
- Develop targeted marketing campaigns to increase product adoption and upsell opportunities
- Provide additional training and resources to sales team to effectively communicate product value
- Generate a 30% growth in upsell and cross-sell revenue from the new product
- Develop targeted marketing campaigns to promote the upsell and cross-sell options of the new product
- Implement customer feedback mechanisms to continuously improve upsell and cross-sell strategies for the new product
- Train sales teams on effectively presenting and selling the upsell and cross-sell options for the new product
- Conduct thorough market research to identify potential upsell and cross-sell opportunities for the new product
- Increase the number of paying customers for the new product by 20%
- Implement targeted online advertising to reach a wider audience
- Offer enticing promotional discounts to encourage immediate purchase
- Leverage social media platforms for customer engagement and word-of-mouth marketing
- Enhance product features and benefits to increase perceived value
OKRs to increase new offering adoption to 50% of our userbase
- Increase new offering adoption to 50% of our userbase
- Improve onboarding experience to increase user engagement with the new offering
- Collect and analyze user feedback to continuously improve and refine the onboarding experience
- Offer personalized support and assistance to address any user concerns or queries
- Simplify the onboarding process for a smooth and user-friendly experience
- Provide interactive tutorials and guides to educate users about the new offering
- Increase user awareness of the new offering through targeted marketing campaigns
- Utilize various advertising channels, such as social media and email marketing, to reach targeted audience effectively
- Develop a compelling marketing message highlighting the unique benefits of the new offering
- Identify and target specific customer segments most likely to be interested in the new offering
- Measure the success of marketing campaigns through relevant metrics to optimize future efforts
- Increase conversion rate by driving more users to complete the registration process
- Optimize the registration form to improve user experience and minimize drop-offs
- Implement a user-friendly reminder system to encourage users to complete the registration
- Increase visibility and promotion of registration process through targeted marketing strategies
- Offer rewards or incentives to motivate users to complete the registration process
- Achieve a customer satisfaction score of at least 4.5 out of 5 through feedback surveys
- Implement a post-purchase feedback system to gather customer satisfaction data
- Implement customer satisfaction incentives to encourage participation in feedback surveys
- Train customer service team to ensure excellent communication and problem-solving skills
- Analyze feedback data regularly to identify areas for improvement and address customer concerns
OKRs to develop a comprehensive understanding of user requirements for secure document backup
- Develop a comprehensive understanding of user requirements for secure document backup
- Analyze data from customer support logs to identify the top 3 issues faced by users regarding document backup
- Compile a report highlighting the top 3 document backup issues faced by users
- Identify recurring keywords or phrases associated with users' document backup problems
- Collect and sort customer support logs relevant to document backup issues
- Analyze the frequency and severity of each identified issue to determine their significance
- Conduct surveys to gather feedback from at least 500 users regarding their document backup preferences
- Create an online survey questionnaire to gather document backup preferences from users
- Analyze and summarize the survey data to compile a report on user preferences
- Share the survey link through email, social media, and company newsletters
- Monitor the survey responses and identify any issues or trends
- Summarize and present user requirements in a detailed report to guide future development and improvements
- Analyze and identify common patterns and trends within the user requirements
- Collect user requirements through surveys, interviews, and feedback channels
- Create a comprehensive and detailed report outlining the summarized user requirements for development guidance
- Organize and categorize user requirements based on their importance and potential impact
- Organize focus groups with a minimum of 3 diverse user segments to identify specific needs and pain points
- Develop a structured questionnaire to gather insights on user needs and pain points
- Set up a schedule and secure venue for conducting focus groups
- Identify and select diverse user segments based on key demographics and characteristics
- Recruit participants for each focus group and provide clear instructions for their involvement
OKRs to scale the startup to achieve unicorn status
- Scale the startup to achieve unicorn status
- Expand customer base by acquiring 100 new clients
- Identify target market segments and prioritize based on potential revenue and fit
- Develop targeted marketing campaigns to attract potential clients from identified segments
- Establish strategic partnerships with complementary businesses to leverage their customer base
- Implement referral program to encourage existing clients to refer friends and colleagues
- secure $10 million in funding from investors
- Identify and approach potential investors with a tailored and persuasive investment proposal
- Develop and demonstrate a solid growth strategy and execution plan to convince investors
- Create a compelling pitch deck highlighting the market potential, competitive advantage, and financial projections
- Conduct thorough due diligence to ensure investors' trust by providing accurate financial information and projections
- Increase monthly revenue by 30%
- Achieve a user retention rate of 80%
- Implement personalized notifications and incentives to encourage users to stay active
- Improve user onboarding process to enhance engagement and reduce churn
- Continuously analyze user behavior data to optimize the app experience and prevent attrition
- Conduct regular user surveys to identify pain points and address them promptly
OKRs to improve search results page functionality based on device id
- Improve search results page functionality based on device id
- Reduce the number of broken links on the search results page by 50%
- Implement responsive design for the search page to ensure optimal display across all device ids
- Identify and address any design elements that are not responsive
- Modify the search page layout to adapt to different screen sizes
- Test and validate the responsive design on various devices for optimal display
- Conduct a thorough analysis of the current search page design
- Increase search page loading speed by 30% for all device ids
- Optimize image sizes and formats to reduce loading time
- Enable browser caching to store and retrieve frequently accessed resources
- Implement lazy loading for non-critical resources to prioritize initial page rendering
- Minify CSS and JS files to decrease page load size
- Achieve a user satisfaction score of at least 4 out of 5 on the fixed search results page
OKRs to enhance app personalization and customization
- Improve app personalization and customization
- Implement personalized push notifications, resulting in a 30% increase in click-through rates
- Increase user engagement by 25% through tailored content and recommendations
- Achieve a 20% increase in app ratings and reviews through personalized messaging and in-app surveys
- Offer customizable user interfaces, resulting in a 15% increase in user satisfaction
OKRs to increase in-app purchases by 15%
- Boost in-app purchases
- Implement personalized recommendations to increase add-to-cart rate by 20%
- A/B test different pricing strategies to increase revenue per purchase by 15%
- Increase conversion rate on product page to 30%
- Increase retention rate by 10% through targeted email campaigns
OKRs to improve user retention rate and reduce churn
- Increase user loyalty and reduce attrition
- Increase overall retention rate by X%
- Increase average session duration by X%
- Decrease new user churn rate by X%
- Increase repeat purchase rate by X%
OKRs to allocate resources to refactor high-priority tech debt
- Reduce technical debt by allocating resources effectively
- Implement best practices to avoid future high-priority tech debt accumulation
- Achieve a reduction in high-priority tech debt items by 25%
- Establish a clear plan for refactoring high-priority tech debt items
- Prioritize high-priority tech debt items for resource allocation
Need more OKR examples?
Option 1: Use AI to generate OKRs
Try our OKRs generator, or use a goal-setting AI to generate great OKRs for you based on a description of your objectives.
Option 2: Check out other examples
We have more templates to help you draft your team goals and OKRs.
- OKRs to improve employee engagement by increasing satisfaction by 10%
- OKRs to scale the team by hiring and onboarding key talent to support business expansion
- OKRs to enhance corporate effectiveness, culture, and performance
- OKRs to get started with OKRs
- OKRs to enhance accuracy of AI bot through quarterly FAQ updates
- OKRs to enhance product functionality by adding three new features based on user feedback
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2022 OKRs guide for Startups
- To implement: Flowing OKRs: 14 rules to simplify OKRs
- Blog posts: ODT Blog
- Success metrics: Success metrics examples