No matter how much toil and planning goes into manufacturing a product, the marketing team is responsible for presenting it to the consumers. Working in marketing roles is never easy- since most of the time, there is no concrete result to show for it. The success of the team only shows when there is an actual sales figure to show for it. If there aren’t any sales, it is usually ascertained that the marketing team is not doing an excellent job of taking the brand out to the world. The lack of measurable numeric metrics makes the job harder. And yet, these marketing OKR examples will show you how effective they can be.
Here are some ways in which a company may create effective marketing OKRs to achieve its marketing goals.
Table of Contents
1. Setting Clear Objectives
It is challenging to work with abstract ideas, and different individuals on a team can interpret them in their way, making it difficult for everyone to be on the same page. The resulting confusion can take the marketing team away from the goal they are trying to achieve, so it is crucial to set these goals clearly at the very beginning. This will remove any confusion or discrepancy about what the marketing team is supposed to do. By coming up with clear objectives, you help the team to perform together. There is a seamless flow of ideas, and everyone understands what their role is and how they fit into the larger picture.
2. Getting Results
With everyone on board and clear about what they need to achieve, employees are now more motivated and driven towards achieving concrete results. Each objective can denote four to give desired results, and once they are achieved, the objective can be marked done. Specialized OKR software is now becoming a norm in the marketing division of many companies around the world. OKR results in a seamless flow of information not just between individuals but also across departments. For example, suppose traffic decreases to the company website. In that case, the digital media team can let the marketing team know about it, and the social media marketing team can work on it. With goals aligning across the company, it becomes far easier to achieve concrete results.
3. Measuring Success
With OKR strategies, marketing teams can measure success in real-time, both in terms of the numbers they seek to achieve in the future and meeting the short-term goals at present. Although working simultaneously on both aspects can seem challenging at first, OKR helps the team to break up the tasks in each category so that it becomes easier to conquer them, slowly progressing towards achieving the larger goals in the future. What each employee is working on daily becomes a marker to reach the long-term goal.
4. Shifting Priorities
Stagnancy can be the end of an organization, but priorities and targets can change over time when it comes to long-term goals. Rather than bringing about radical changes in the marketing practices that can cause upheavals in how the brand is projected to the target audience, OKR helps to usher a gradual change, aligning the previous target to the new ones a step by step procedure. With the next immediate carefully planned out, the change is more slow, gradual, but very useful. It helps test the waters and eliminates risks that can put the marketing practices at risk or reduce the company profits.
5. Getting Feedback
The marketing team could use some feedback, but it has to be better than just a remark about how client traffic is not up to the mark. Even if it comes to achieving specific numbers, the marketing team alone cannot do it. Everyone from the digital media team to the customer support is involved in the process. With OKRs, every result is looked at, and one result is achieved at a time. Delegation of responsibilities for obtaining each result means better work allocation. Marketing strategies do not have to be complicated to look important, and OKR helps in simplifying things. Regular and concrete feedback at each point makes work more comfortable, with the team members knowing where they need to be headed.
Since a lot depends on the entire team’s marketing skills, it is only right that their success is easily quantifiable and that they have something concrete to work with and work towards. OKR helps them do that, and they can track their success weekly, monthly, or quarterly. Strategic marketing OKR examples enable you to set reliable and effective marketing targets for your business. It is sure to enhance the marketing team’s performance, allowing the company to get maximum exposure and high conversion, significantly increasing the client base.
