OKR template to drive two new revenue streams via food delivery app advertising
Your OKR template
The second desirable outcome involves bringing innovative ad schemes to attract new potential advertisers interested in mobile app marketing. These ad campaigns must be persuasive while serving the clients' needs. This strategy intends to significantly increase advertising on the application, thereby driving up revenues.
The third crucial outcome aims to convert 15% of the app's free users to premium subscribers. This is planned to be executed through meticulous monitoring of conversion rates, meaningfully adjusting campaigns accordingly. Thereby retaining the users who frequently use the free features and urging them to become premium subscribers.
Lastly, an engaging premium promotional campaign is in the pipeline as a vital initiative. This campaign aims to target audience demographics which frequently use the app's free features. The objective is to encourage these frequent users to switch to the premium version, consequently driving up sales.
ObjectiveDrive two new revenue streams via food delivery app advertising
KRCollaborate with top 10 local restaurants for exclusive ad partnerships
Initiate contact and pitch to targeted restaurants- Develop pitch for exclusive ad partnership proposal
- Compile list of top 10 local restaurants for partnership
- KRIncrease app ad sales by 20% by introducing fresh ad schemes
- Initiate outreach and sales meetings with prospective clients
- Identify potential new advertisers interested in mobile app marketing
- Develop compelling, innovative ad scheme options
- KRConvert at least 15% of free users to premium subscription by specific campaigns
- Monitor conversion rates and adjust campaigns accordingly
- Develop an engaging premium promotional campaign
- Identify targeted audience who frequently uses free features
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