OKR template to boost annual sales figures by 15%

public-lib · Published 2 months ago

The OKR aims to increase annual sales by 15%. The first objective is to acquire 15 new B2B clients through a customised marketing strategy and persuasive sales outreach. Effective follow-ups and a targeted marketing plan are key strategies designed to accomplish this objective.

The second portion of this OKR focuses on developing and initiating a powerful strategy for upselling within the next quarter. This strategy includes identifying potential upsell opportunities within current product offerings, training the sales team in effective upselling techniques, and launching a compelling promotion campaign.

A noted objective also includes a 10% increase in customer retention through improved customer service. This is targeted to be achieved through the development of a customer loyalty program, the incorporation of a customer feedback system and ensuring all staff are skilled in providing high-standard customer service.

All three objectives are aimed at boosting sales—a direct acquisition of new clients, an internal upselling strategy, and a customer retention plan. Each objective uses a percentage score format, making it easy to measure progress and ascertain goal accomplishment.
  • ObjectiveBoost annual sales figures by 15%
  • Key ResultAcquire 15 new B2B clients through focused marketing and sales pitches
  • TaskDevelop engaging, personalized sales pitches for target clients
  • TaskExecute targeted outreach and following up regularly
  • TaskCreate a focused marketing plan targeting potential B2B clients
  • Key ResultDevelop and launch an effective upselling strategy by the end of next quarter
  • TaskIdentify potential upsell opportunities in current product or service offerings
  • TaskTrain sales team on effective upselling techniques
  • TaskDesign and implement a compelling upsell promotion campaign
  • Key ResultIncrease customer retention rate by 10% through improved customer service
  • TaskDevelop a loyalty program to incentivize repeat business
  • TaskImplement a customer feedback system to identify service improvement areas
  • TaskTrain all staff in high-standard customer service practices
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