Product Strategy Report Summary
NSMOKR assingment.pdf
Go through the above doc.
North Star Metrics & OKRs for Key Businesses
1. Blinkit (Quick-Commerce)
Business Goal: Reduce customer churn this quarter.
North Star Metric (NSM):
Weekly Active User Retention Rate (WAURR)
% of users who return to place an order within 7 days of their last transaction.
Key OKRs
- Improve Engagement
- ↑ Avg. session duration by 20% via personalized recommendations.
- ↑ Order frequency from 1.5x/week to 2.5x/week via targeted push notifications.
- 40% of users engage with loyalty program (redeem points/tiered rewards).
- Optimize Operations
- ↓ Delivery time by 15% (better rider allocation).
- ↓ Order cancellation rate by 25% (98% inventory accuracy).
- Improve post-delivery satisfaction scores from 4.0 → 4.5/5.
Why WAURR?
- Weekly retention aligns with grocery/essentials purchase cycles.
- Habit formation drives long-term LTV in hyper-competitive quick-commerce.
2. Collaboration Platform (Competitor to Slack)
Business Goal: Steal Slack’s first-time users.