Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.
What are Market Research 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.
How you write your OKRs can make a huge difference on the impact that your team will have at the end of the quarter. But, it's not always easy to write a quarterly plan that focuses on outcomes instead of projects.
That's why we have created a list of OKRs examples for Market Research to help. You can use any of the templates below as a starting point to write 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 Market Research 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.
Market Research OKRs examples
We've added many examples of Market Research Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
OKRs to secure local channels and gain market insights
ObjectiveSecure local channels and gain market insights
KRConduct regular market research to gather local market data and information
Conduct surveys or interviews to gather insights and preferences of local customers- Identify key competitors and their market share in the local market
- Monitor industry trends and analyze data to identify emerging opportunities in the local market
- KREstablish partnerships with local stakeholders to enhance channel security
- Collaborate with stakeholders to develop and implement strategies for enhancing channel security
- Identify key local stakeholders with expertise in channel security
- Initiate meetings with stakeholders to discuss potential partnership opportunities
- KRIncrease security measures on local channels to reduce unauthorized access
- Implement two-factor authentication for all user accounts on local channels
- Conduct regular security audits and penetration testing on local channels to identify and resolve vulnerabilities
- Regularly update and patch software on local channels to address security vulnerabilities
- KRImplement data analytics tools to analyze market trends and consumer behavior
- Train and educate the team on how to effectively use the selected data analytics tools
- Research and compare various data analytics tools available in the market
- Determine key metrics and indicators to track market trends and consumer behavior
OKRs to identify the top FP&A software in the market
- ObjectiveIdentify the top FP&A software in the market
- KRResearch and list down at least 20 various FP&A software options by week 3
- Compile and review a list of at least 20 options
- Conduct online research for potential software options
- Identify criteria for FP&A software options
- KRCompare all FP&A software elements for features, cost, and user reviews by week 6
- Compile a list of all FP&A software elements
- Analyze user reviews for each software
- Evaluate each software for features and cost
- KRSelect and present the top 3 FP&A software based on the analysis by week 9
- Analyze software based on selected criteria
- Research various FP&A software options
- Prepare presentation for top three choices
OKRs to identify and assess AI tools available in the market
- ObjectiveIdentify and assess AI tools available in the market
- KREvaluate 10 potential AI tools against predefined criteria by the end of Q2
- Research and select 10 AI tools for review
- Assign scores to each tool based on criteria
- Define specific criteria for evaluation
- KRCompile a detailed report illustrating the pros and cons of each examined tool
- Identify and examine each tool's features
- Compile detailed comparison report
- Analyze pros and cons of each tool
- KRConduct 20 market interviews to determine popular AI tools amongst industry experts
- Draft comprehensive, insightful interview questions
- Conduct, record and analyze the interviews
- Identify and target 20 industry experts in AI
OKRs to acquire comprehensive understanding of various companies' missions
- ObjectiveAcquire comprehensive understanding of various companies' missions
- KRRead and analyze mission statements from 50 different industries each week
- Obtain mission statements from each industry
- Compile a list of 50 different industries
- Schedule weekly sessions to read and analyze statements
- KRConduct four in-depth case studies on companies with unique missions monthly
- Identify four companies with unique missions
- Research company background and specifics
- Compile findings into comprehensive case studies
- KRParticipate in two webinars or relevant industry events every month
- Schedule and register for two relevant events
- Attend and actively participate in webinars/events
- Research upcoming webinars or industry events in your field
OKRs to enhance understanding of royalty structures in business contexts
- ObjectiveEnhance understanding of royalty structures in business contexts
- KRInterview 3 professionals in the field of royalties in businesses
- Draft relevant interview questions tailored for each professional
- Identify three professionals in the royalties business field
- Schedule and conduct the three interviews
- KRRead and summarise 5 books related to business royalties
- Write a concise summary for each book
- Select and procure 5 relevant books about business royalties
- Carefully read and interpret each book
- KRDevelop and present a detailed report on the role of royalties in business
- Prepare a presentation highlighting report findings
- Research the significance and mechanism of royalties in business
- Compile gathered data into a comprehensive report
OKRs to penetrate the men's market segment for an increased sales growth
- ObjectivePenetrate the men's market segment for an increased sales growth
- KRIdentify and research 10 potential men's product lines to add to our portfolio
- Analyze research findings and assess viability
- Identify 10 potential men's product lines for research
- Conduct market research on identified product lines
- KRSecure partnerships with 5 manufacturers or distributors within the men's category
- Initiate contact and discuss partnership possibilities
- Research and identify potential manufacturers or distributors in the men's category
- Negotiate and finalize partnership agreements with selected businesses
- KRLaunch a marketing campaign targeting male audience and achieve 15% engagement rate
- Monitor engagement rates, making adjustments for 15% target
- Develop a compelling marketing campaign targeting these interests
- Identify key interests and behaviors of the male target audience
OKRs to enhance territorial market footprint and strengthen retailer relationships
- ObjectiveEnhance territorial market footprint and strengthen retailer relationships
- KRImprove retailer satisfaction score by 15% through quarterly feedback surveys
- Develop short, focused customer satisfaction surveys
- Analyse received feedback to identify improvement areas
- Implement changes based on feedback analysis
- KRInitiate partnerships with at least 5 new high-volume retailers
- Identify potential high-volume retailers for partnership opportunity
- Develop and tailor partnership proposals for each retailer
- Initiate contact and arrange meetings with selected retailers
- KRAchieve a 20% increase in market share within the territory
- Increase networking efforts with local businesses and suppliers
- Implement targeted marketing strategies to attract consumers
- Conduct thorough research on local market trends and competitors
OKRs to craft a compelling and successful business case
- ObjectiveCraft a compelling and successful business case
- KRConduct detailed market and competitor analysis by end of Week 4
- Analyze market trends and customer preferences
- Gather data on competitor strategy and performance
- Identify key competitors in the market
- KRGather and incorporate feedback from 5 industry experts by end of Week 12
- Collect and analyze received feedback
- Implement relevant feedback into operations
- Identify and reach out to 5 industry experts for feedback
- KRDevelop a clear, attainable business case prototype by end of Week 8
- Review and finalize the prototype by end of Week 8
- Assemble these elements into a clear structure
- Identify key elements of the business case prototype
OKRs to maximize audience engagement with the Collection through co-design
- ObjectiveMaximize audience engagement with the Collection through co-design
- KRAchieve a 25% increase in daily engagement rates by the Collection's audience
- Implement interactive features to promote visitor participation
- Increase promotional efforts across multiple channels
- Personalize visitor experiences using data-driven insights
- KRSecure positive feedback from 50% of audience on the new co-designs
- Regularly review and incorporate feedback into designs
- Implement user-friendly feedback form in co-design presentations
- Request audience to fill out feedback form post-event
- KRDevelop and implement 3 new co-designed interactive features for the Collection
- Implement, test, and refine the newly developed interactive features
- Identify possible interactive features through market research and user feedback
- Design and develop 3 new interactive features with user involvement
OKRs to penetrate new market segments for increased sales
- ObjectivePenetrate new market segments for increased sales
- KRIdentify and select 3 untapped market categories by analyzing market trends
- Analyze current market trends for potential untapped categories
- Choose three most promising categories for further exploration
- Evaluate identified categories for profitability and feasibility
- KRDevelop tailor-made marketing strategies for each identified market category
- Create unique marketing strategies for identified categories
- Analyze each market category's specific needs and preferences
- Identify target market categories through market research
- KRAchieve a 1% increase in total sales from these new market categories
- Develop a targeted marketing campaign for these specific categories
- Optimize product or service pricing based on market demand
- Identify potential high-value customers within these new market categories
Market Research 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
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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
Spreadsheets are enough to get started. Then, once you need to scale you can use 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 Market Research OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to develop an improved, fully transparent communication system
- OKRs to improve user retention rate and reduce churn
- OKRs to achieve Product-Market Fit (PMF)
- OKRs to enhance productivity in grain crop farming
- OKRs to enhance UI design principles and streamline asset creation process
- OKRs to improve employee feedback