OKR template to achieve product market fit under the Sean Ellis framework

public-lib · Published 2 months ago

This OKR aims to achieve product market fit based on the Sean Ellis framework. This involves three main objectives: improving customer retention by 20% through several initiatives, securing 100 new weekly active users who have a must-have product experience, and defining and measuring the primary product value metric to reach 75% positive customer ratings.

Increased customer retention will be achieved by improving customer service response times, implementing customer feedback to enhance product features, and developing loyalty programs for repeat customers. These actions will increase the added value provided by the product to the customers, thus promoting retention.

The second objective aims at expanding user base by securing 100 new weekly active users. To do this, the team will foster referrals through an attractive incentive program, improve the user experience through spot-on must-have features, and implement targeted online marketing strategies to reach potential users.

The last objective involves identifying the primary value metric of the product, developing a system to track customer ratings, and implementing strategies to achieve a 75% positive feedback rate from the customer base. This will provide a clear indication of the product's market fit.
  • ObjectiveAchieve product market fit under the Sean Ellis framework
  • Key ResultAchieve 20% increase in customer retention due to added product value
  • TaskImprove customer service response times
  • TaskImplement customer feedback to enhance product features
  • TaskDevelop loyalty programs for repeat customers
  • Key ResultScale to secure 100 new weekly active users experiencing must-have product experience
  • TaskFoster referrals through an attractive incentive program
  • TaskEnhance user experience with spot-on must-have features
  • TaskImplement targeted online marketing to reach potential users
  • Key ResultDefine and measure the primary product value metric by reaching 75% positive customer ratings
  • TaskIdentify primary value metric of the product
  • TaskDevelop a system to track customer ratings
  • TaskImplement strategies to achieve 75% positive feedback
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