What Is a Minimum Viable Product (MVP)?
A Minimum Viable Product (MVP) is a product with just enough features to satisfy early customers and provide feedback for future development. It is the most basic version of a product that can be released in order to test its viability in the market. The goal of an MVP is to quickly validate assumptions about customer needs, identify potential problems, and gather feedback from users before investing more resources into further development.
An MVP should include only essential features necessary for it to function properly. This allows developers to focus on creating a quality product without getting bogged down by unnecessary details or extra features that may not be needed at this stage. Additionally, releasing an MVP helps companies save time and money since they don’t have to invest heavily in developing something that might not even work out as expected. By testing their ideas through an MVP first, businesses can make sure they are building something people actually want before committing too much time or money into it.