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5 OKR examples for Marketplace

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What are Marketplace 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 Marketplace 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 Marketplace 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.

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.

AI feedback for OKRs in Tability

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.

Marketplace OKRs examples

You will find in the next section many different Marketplace 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 launch data-centric beta marketplace

  • ObjectiveLaunch data-centric beta marketplace
  • KRSecure 20+ varied data products and services for marketplace launch
  • TaskDevelop and conduct a robust security review before launch
  • TaskIdentify and list potential data products and services for marketplace availability
  • TaskInitiate partnerships or contracts with selected data product providers
  • KRCreate and deliver 5 skills building programs for marketplace users
  • TaskDevelop detailed curriculum for each program
  • TaskSchedule and facilitate skill-building sessions
  • TaskIdentify required skills for marketplace users
  • KRFinalize and test platform features, ensuring 98% operational uptime
  • TaskConduct comprehensive testing of all platform features
  • TaskImplement necessary updates and fixes for identified issues
  • TaskMonitor and ensure 98% platform operational uptime

OKRs to establish a comprehensive skills marketplace

  • ObjectiveEstablish a comprehensive skills marketplace
  • KRDevelop a catalog with 100+ diverse training modules by end of quarter
  • TaskIdentify topics spanning across various industries for training modules
  • TaskCompile and organize the training modules into a catalog
  • TaskDesign and develop the individual training modules
  • KRHost 15 professional development events engaging 500+ users
  • TaskIdentify potential speakers and topics for professional development events
  • TaskLaunch comprehensive marketing campaign to attract 500+ users
  • TaskSecure venues and setup registration for each event
  • KRCreate a user-friendly knowledge base with 1000+ articles sourced and organized
  • TaskDesign a user-friendly interface for the knowledge base
  • TaskCategorize and organize the sourced articles
  • TaskIdentify and source relevant articles for the knowledge base

OKRs to increase installs from Atlassian Marketplace

  • ObjectiveIncrease installs from Atlassian Marketplace
  • KRAchieve a 15% conversion rate of Marketplace page visits to app installs
  • TaskEnhance app visibility with keyword optimization and appealing descriptions
  • TaskImplement incentives like discounts for app installs
  • TaskImprove user experience for seamless app installation
  • KRIncrease monthly marketing campaigns by 20% to boost visibility
  • TaskAllocate additional resources for expanded campaign efforts
  • TaskImplement, monitor and adjust the new marketing strategy
  • TaskDevelop a 20% increase plan for current marketing campaigns
  • KRImprove app rating to 4.5 stars via enhanced user support and app updates
  • TaskImprove response time and quality of customer support services
  • TaskAsk satisfied customers to leave positive reviews
  • TaskRegularly update app to fix bugs and improve performance

OKRs to boost customer acquisition for our Marketplace Reporting App

  • ObjectiveBoost customer acquisition for our Marketplace Reporting App
  • KRIncrease online advertising conversion rate by 30%
  • TaskIncrease ad relevance through keywords and SEO
  • TaskImplement A/B testing to optimize ad presentations
  • TaskAnalyze audience data to target high-conversion demographics
  • KRBoost website visits by 40% through enhanced SEO practices
  • TaskImplement relevant keywords to improve website’s on-page SEO
  • TaskEnhance website loading speed and mobile optimization
  • TaskBuild backlinks through guest posting on related blogs
  • KROptimize app onboarding process to improve conversion rate by 25%
  • TaskStreamline sign-up process and reduce unnecessary steps
  • TaskImplement clear, interactive tutorials for first-time app users
  • TaskRegularly test and update onboarding UX/UI for user-friendliness

OKRs to reach $100,000 ARR in app stores without paid marketing

  • ObjectiveAchieve $100K ARR through organic traffic
  • KRTriple installs thanks to localization
  • TaskLocalize title, subtitles, screenshots, description and keywords
  • KRIncrease revenue growth by 60%
  • TaskA/B test screenshots on Google Play
  • TaskSign up for App Store Optimization tool (https://appradar.com/)
  • TaskA/B test screenshots and icons on App StoreS
  • TaskSurvey users to understand their core keywords

Marketplace 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

Having too many OKRs is the #1 mistake that teams make when adopting the framework. The problem with tracking too many competing goals is that it will be hard for your team to know what really matters.

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

Setting good goals can be challenging, but without regular check-ins, your team will struggle to make progress. We recommend that you track your OKRs weekly to get the full benefits from the framework.

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

AI feedback for OKRs in Tability

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:

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:

That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.

More Marketplace OKR templates

We have more templates to help you draft your team goals and OKRs.

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