What is a MVP app Development?

 
YEREVAN, Armenia - Aug. 20, 2021 - PRLog -- Uber, Facebook, Instagram, Airbnb, Spotify…What do the most used and downloaded apps have in common? Well, they all started from MVP.

An MVP (Minimum Viable Product) is a development technique in which a new product is developed with minimal yet must-have features.

When you come up with the idea of a product, you don't know for sure whether you are creating something people need, do you? You need to present your product to potential users and find out whether they like it and what should be improved. This is where Minimum Viable Product (MVP) comes into play.

With this approach, entrepreneurs will not waste their time and money on sophisticated features. Instead, they can create a basic product, which can further be enhanced.

Starting with an MVP will allow entrepreneurs to:
  • release the product to the market as quickly as possible;
  • test the idea with real users without investing too much money;
  • improve the product based on user feedback and suggestions.

Simply put, an MVP is the basic version of an application. Building a minimum viable product is an excellent way for start-ups to understand and learn about their target audience before developing the final, fully functional product.

How to Build a Minimum Viable Product?

Step 1:
Define the problem the MVP will solve

Step 2: Do market research (make a competitor and market analysis)

Step 3: Define the main features and prioritize them

Step 4: Validate your idea with a prototype

Step 5: Develop and test the MVP

Step 6: Launch MVP

Step 7: Consider feedback from the product's initial users

To save time, money, and resources when entering the market with an idea of a new product, we highly recommend considering an MVP.

To learn more about a minimum viable product check our latest post (https://www.linkedin.com/pulse/what-does-mvp-mean-why-do-...).
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Tags:MVP development
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