What is an MVP and what are the benefits of having one?
So, what is really common between stellar apps like Instagram, Uber, and Spotify?
They have all underwent the stage of a Minimum Viable Product (MVP) while testing the feasibility against time before introducing full fledged functionalities based upon constantly maturing user feedback. For those unaware of MVP, it is an initial product of mobile application development and other kinds of development focusing around only the core problem for a selected group of users, and then slowly and gradually incorporating features as per the response received from the user end.
MVP helps an organisation to reach out to the market quickly so as to address the real-world problems of users instead of beating around the bush. Once the reaction received from end-users, an MVP is worked upon by a mobile application development company to integrate more things that can solve other related problems of users so as to adapt to iterative approach only if required eliminating a great deal of costs, efforts, and time.
We have briefly highlighted multiple benefits of having an MVP in place before launching a full-fledged product in any kind of mobile application development services. However, in this article, we are going to discuss two biggest benefits of having an MVP that can be useful to any business.
· Eliminating iterations arising at design and development levels
When a business thinks of having a product of its own, it all starts from assumptions. To convert assumptions to reality, a business takes the help of AppCode Technologies mobile app development services provider company who then creates a product for the business after passing through different design and development stages.
Without an MVP, in case of any errors in any of the stages, that specific stage needs to be revisited all over again, and even at times, a rollback to previous stages is required for mobile app development services to rectify the technical glitches. This can be so overwhelming when there is so much going on inside an app.
Due to the MVP approach in mobile application development an app is present with minimal of things and hence performing iterations become way easier through build >> measure >> learn methodology wherein things are validated with limited features and functionalities so as to see how feasible it is to introduce more of them. Imagine the tremendous savings in the time, efforts, and costs involved.
· Business goals and concepts could be well tested out in advance
Sometimes businesses want to just test how well their products or services can perform in the market and whether people need them or not. Henceforth, an MVP launched through a minimalist approach in mobile application development help a business in testing the waters before diving deep down with more of the offerings.
Moreover, an MVP helps a business in gauging the minds of users in what is being accepted or rejected. This way a business can encompass only relevant things within an app while omitting irrelevant ones with the help of native iOS and Android app development company.
Furthermore, users would not be overwhelmed with a feature-rich product later on from a mobile application development company since they already have tested the basic functionalities in the MVP, which they have really appreciated. Instagram was meant to be a GPS based application but people appreciated it as a photo-sharing application and hence the result can be seen today.
Ready to go for an MVP?
As we told in the beginning, a minimum viable product accompanies a hell lot of features. However, we discussed the two most important ones, just about enough to make one realise what potential an MVP has in store so as to lead to an end product free of all potential flaws.
All set to work upon a minimum viable product for your app?
