2 OKR examples for Market Analysis Team

What are Market Analysis Team 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 Analysis Team 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 more about the OKR meaning online.

Best practices for managing your Market Analysis Team OKRs

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.

Tability Insights DashboardTability's audit dashboard will highlight opportunities to improve OKRs

Tip #2: Commit to the weekly 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.

Tability Insights DashboardTability's check-ins will save you hours and increase transparency

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 below). 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.

Building your own Market Analysis Team OKRs with AI

While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.

Best way to track your Market Analysis Team OKRs

Your quarterly OKRs should be tracked weekly in order to get all the benefits of the OKRs 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

Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.

A strategy map in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

If you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.

Market Analysis Team OKRs templates

We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!

You will find in the next section many different Market Analysis Team 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 conduct comprehensive market intelligence on competitors

  • ObjectiveConduct comprehensive market intelligence on competitors
  • Key ResultAnalyze 10 competitors' product and service offerings
  • TaskIdentify 10 competitors in the market
  • TaskPerform a detailed analysis comparing competitors' offerings
  • TaskResearch and list each competitor's products and services
  • Key ResultIdentify at least 20 key competitors in the market
  • TaskList all known competitors in your business sector
  • TaskResearch unknown competitors through market analysis
  • TaskCompile a list of 20 main competitors
  • Key ResultUnderstand the marketing strategies of at least 12 competitors
  • TaskIdentify 12 key competitors in your business sector
  • TaskGather data on each competitor's marketing approach
  • TaskAnalyze and contrast each competitor's marketing strategies
  • Key ResultDocument and interpret 15 competitors' pricing strategies
  • TaskObtain detailed information on each competitor's pricing strategy
  • TaskAnalyze and interpret obtained pricing data
  • TaskIdentify and list 15 primary competitors in the market

OKRs to decrease user acquisition cost for our mobile app

  • ObjectiveDecrease user acquisition cost for our mobile app
  • Key ResultImprove advertisement click-through rate by 15% with targeted marketing campaigns
  • TaskMonitor, analyze, and optimize campaign performance regularly
  • TaskImplement targeted ad campaigns based on identified personas
  • TaskResearch customer behavior to create detailed audience personas
  • Key ResultReduce average acquisition cost per user by 25%
  • TaskIncrease targeting precision in ad campaigns
  • TaskAnalyze and optimize current marketing strategies
  • TaskEnhance the retention strategies for existing customers
  • Key ResultIncrease organic app downloads by 30% through app store optimization
  • TaskPromotion through positive user reviews and ratings
  • TaskDevelop compelling app descriptions and attractive icons
  • TaskConduct keyword research to improve app store search ranking

More Market Analysis Team OKR templates

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

OKRs resources

Here are a list of resources to help you adopt the Objectives and Key Results framework.