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What are Conversion Rate Increase OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We have curated a selection of OKR examples specifically for Conversion Rate Increase to assist you. Feel free to explore the templates below for inspiration in setting your own goals.
If you want to learn more about the framework, you can read our OKR guide online.
The best tools for writing perfect Conversion Rate Increase OKRs
Here are 2 tools that can help you draft your OKRs in no time.
Tability AI: to generate OKRs based on a prompt
Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.
- 1. Create a Tability account
- 2. Click on the Generate goals using AI
- 3. Describe your goals in a prompt
- 4. Get your fully editable OKR template
- 5. Publish to start tracking progress and get automated OKR dashboards
Watch the video below to see it in action 👇
Tability Feedback: to improve existing OKRs
You can use Tability's AI feedback to improve your OKRs if you already have existing goals.
- 1. Create your Tability account
- 2. Add your existing OKRs (you can import them from a spreadsheet)
- 3. Click on Generate analysis
- 4. Review the suggestions and decide to accept or dismiss them
- 5. Publish to start tracking progress and get automated OKR dashboards
Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.
Conversion Rate Increase OKRs examples
You will find in the next section many different Conversion Rate Increase Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).
Hope you'll find this helpful!
OKRs to increase YouTube metrics and conversion rates
ObjectiveIncrease YouTube metrics and conversion rates
KRDrive a 20% increase in CTA click-through rates from video descriptions
Analyze and adapt successful competitor strategies- Improve video description clarity and relevance to content
- Include more compelling and precise CTAs
- KRImprove video view rates by 30% through optimized SEO strategies
- Enhance video titles and descriptions with relevant keywords
- Implement accurate and comprehensive video tags
- Increase backlinks to videos via social media sharing
- KRAchieve a 25% rise in total channel subscriptions by the end of the quarter
- Monitor and analyze subscription rate weekly
- Implement aggressive marketing and promotional strategies
- Develop engaging content that appeals to target audience
OKRs to increase the conversion rate of BDR-generated leads into sales opportunities by 25%
- ObjectiveBoost BDR-generated lead conversion rate by 25%
- KRImplement personalized and timely follow-up for all leads
- KRIncrease the number of demos by BDRs for better lead nurturing
- KROptimize landing pages to ensure an easy and quick conversion process
- KRImprove sales pitch training to increase lead engagement and closing rate
OKRs to increase conversion rate of pre-launch leads for pre-orders by 10%
- ObjectiveIncrease conversion rate of pre-launch leads for pre-orders by 10%
- KRImplement a personalized follow-up strategy to improve conversion rate by 20%
- Monitor, analyze, and adjust strategy accordingly
- Identify customer behaviors influencing conversion rates
- Develop a customized follow-up communication plan
- KRCreate an exclusive pre-order incentive program driving 30% more pre-orders
- Start aggressive marketing campaign focusing on pre-order benefits
- Develop exclusive pre-order incentives such as discounts or freebies
- Track and analyze the success rate of the program
- KREnhance lead nurturing process to achieve 15% increase in engagement
- Implement personalized email marketing campaigns
- Incorporate interactive engagement tools in outreach efforts
- Educate leads with quality, relevant content
OKRs to increase conversion rate of free subscribers to paid subscribers
- 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
OKRs to amplify sales output in small design studio
- ObjectiveAmplify sales output in small design studio
- KRAchieve a 15% improvement in conversion rates
- Enhance customer service through live chat and prompt responses
- Create persuasive call-to-action statements on landing pages
- Implement A/B testing to optimize website content and layout
- KRIncrease lead generation by 25%
- Launch targeted social media advertising campaigns
- Improve content marketing to engage potential clients
- Enhance SEO strategies to boost website visibility
- KRExpand existing client project frequency by 10%
- Develop action plan to increase project scope and deliverables
- Identify highest yielding projects for potential expansion opportunities
- Meet with clients to propose increased project frequency
OKRs to boost sales performance significantly
- ObjectiveBoost sales performance significantly
- KRImprove product demonstration conversions by 10%
- Train staff on persuasive presentation and selling techniques
- Research audience needs for personalized product demonstrations
- Incorporate a compelling call-to-action in all demos
- KRDrive repeat business higher by improving client retention by 20%
- Personalize client communications to enhance engagement
- Implement a loyalty program to reward frequent customers
- Improve customer service response times by 15%
- KRIncrease the number of customer contacts by 15%
- Enhance social media engagement strategies
- Implement a new customer outreach campaign
- Offer incentives for customer referrals
OKRs to increase transaction volume
- ObjectiveIncrease transaction volume
- KREnhance customer retention by 3%
- KRIncrease customer acquisition by 5%
- Launch targeted advertising campaigns to reach a wider audience
- Implement referral programs to incentivize current customers to refer others
- Offer exclusive promotions and discounts to attract new customers
- Improve website design and usability for better customer experience
- KRExpand product awareness by reaching 10,000 additional potential customers
- Host virtual webinars or workshops to educate and engage with potential customers
- Run targeted social media ads to promote the product to new potential customers
- Utilize search engine optimization techniques to increase organic reach and visibility
- Collaborate with influencers to create sponsored content showcasing the product's benefits
- KRImprove conversion rate by 2%
- Create compelling and concise call-to-action buttons and messaging
- Analyze user feedback and make necessary improvements to enhance user experience
- Implement A/B testing to determine most effective design and content variations
- Optimize website layout and navigation for easier user flow
OKRs to drive a 25% increase in total sales
- ObjectiveDrive a 25% increase in total sales
- KRExpand client base by 20% by amplifying lead generation efforts
- Boost referral programs to incentivize current clients
- Implement effective SEO strategies to reach more potential clients
- Increase content marketing efforts to engage wider audiences
- KRImprove conversion rate by 15% through development of sales team skills
- Develop individual coaching for sales staff
- Evaluate and adjust sales strategies regularly
- Implement ongoing sales training workshops
- KRRaise average purchase value by 10% via upselling and cross-selling initiatives
- Implement product bundles or packages at discounted rates
- Develop training for sales team on upselling and cross-selling techniques
- Introduce premium products or service tiers
OKRs to increase installs from Atlassian Marketplace
- ObjectiveIncrease installs from Atlassian Marketplace
- KRAchieve a 15% conversion rate of Marketplace page visits to app installs
- Enhance app visibility with keyword optimization and appealing descriptions
- Implement incentives like discounts for app installs
- Improve user experience for seamless app installation
- KRIncrease monthly marketing campaigns by 20% to boost visibility
- Allocate additional resources for expanded campaign efforts
- Implement, monitor and adjust the new marketing strategy
- Develop a 20% increase plan for current marketing campaigns
- KRImprove app rating to 4.5 stars via enhanced user support and app updates
- Improve response time and quality of customer support services
- Ask satisfied customers to leave positive reviews
- Regularly update app to fix bugs and improve performance
OKRs to increase hot leads through targeted LinkedIn ad campaign
- ObjectiveIncrease hot leads through targeted LinkedIn ad campaign
- KRAchieve 10% conversion rate from campaign leads to customers
- Analyze campaign performance and adjust for improvement
- Offer exclusive deals to engage prospective customers
- Identify target audience and refine marketing strategies
- KRGain 500 new hot leads from the LinkedIn campaign
- Design a LinkedIn campaign targeting relevant industry professionals
- Promote high-value content to attract potential leads
- Analyze campaign engagement, refine strategy, follow up vigorously
- KRAchieve a campaign click-through rate (CTR) of 5%
- Optimize your ad content to target your ideal audience demographics
- Regularly adjust campaign settings based on data analysis
- Test different types of ads and monitor their performances
Conversion Rate Increase OKR best practices
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tip #2: Commit to weekly OKR check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
Being able to see trends for your key results will also keep yourself honest.
Tip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
Save hours with automated OKR dashboards
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to Tability to save time with automated OKR dashboards, data connectors, and actionable insights.
How to get Tability dashboards:
- 1. Create a Tability account
- 2. Use the importers to add your OKRs (works with any spreadsheet or doc)
- 3. Publish your OKR plan
That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.
More Conversion Rate Increase OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to improve software development team leadership effectiveness
- OKRs to streamline Operational Efficiency
- OKRs to attain high-quality, timely data migration during Sprint delivery
- OKRs to improve financial operations for increased efficiency and effectiveness
- OKRs to enhance project planning and team coordination
- OKRs to improve project delivery margins while keeping existing customers happy