Skip to main content

Develop Smart or About Minimum Viable Products

By April 5, 2019September 8th, 2021Blog

The concept of MVP, that is Minimum Viable Product, is from the Lean Startup methodology and it is used to highlight the importance of learning from feedback in new product development.

According to the definition of Eric Ries (author of The Lean Startup), an MVP is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. Validated learning translates in whether your customers will actually buy your product or not. So, before building the final product or service, you offer your users or potential clients this minimum viable product for them to test.

What’s in it for you? Well, first of all you can observe users‘ reaction to your product or service. And this is not little thing because you can avoid cost loss and other inconveniences. Read about more benefits of the MVP development on our mother company blog.

By continuing to use the site, you agree to the use of cookies. More information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.