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MVP is a version of a product that allows to collect maximum user feedback and learnings via experimentation.
MVP includes only essential elements needed to gather customer feedback. Therefore, founders have to decide which features to include and which not.
Here are the 4 reasons why you might need an MVP:
Building an MVP comes with risks:
Founders scan the market for new technology to appropriate and MVPs are easy to replicate. Highly functional MVPs are harder to imitate, but are expensive.
Founders should introduce a version that generates positive feedback, but they must fulfill those expectations with the full product later.
Typically, to define an MVP, you go through 4 stages. Here, we list different practices that are used at each stage:
Phase 1. Ideation.
Phase 2. Technical feasibility assessment
Brainstorming of different ways to solve the problem. Here, methods such as Customer Development, Design Thinking, Human-Centered Design, Lean Inception, and others are used.
Assessing the current technology landscape and resources. At this stage, technical people are involved to filter technical scenarios and reduce risks. Various software architectures and project feasibility are considered.
Phase 3. Effort estimation
Phase 4. Evaluation
Evaluating the amount of work, time, and resources required. Methods include lean inception feature sequencer, story points for each task, and feature roadmaps.
The internal validation is with the Product Owner. Validation with the users is performed before the release, when testing on site, through interviews and dashboards with user data after the release.
Phase 1. Ideation.
Brainstorming of different ways to solve the problem. Here, methods such as Customer Development, Design Thinking, Human-Centered Design, Lean Inception, and others are used.
Phase 2. Technical feasibility assessment
Assessing the current technology landscape and resources. At this stage, technical people are involved to filter technical scenarios and reduce risks. Various software architectures and project feasibility are considered.
Phase 3. Effort estimation
Evaluating the amount of work, time, and resources required. Methods include lean inception feature sequencer, story points for each task, and feature roadmaps.
Phase 4. Evaluation
The internal validation is with the Product Owner. Validation with the users is performed before the release, when testing on site, through interviews and dashboards with user data after the release.
Build an MVP, test, deploy, and scale more quickly and cost-effectively
Why code from scratch when you can drag and drop flexible low-code components to get there sooner? You can start configuring, testing, and iterating within hours. Get your ideas live in record time.
Innovate faster and test with real users without lengthy processes by focusing on essential features only. Move beyond traditional development, which involves hiring expensive developers and takes months or years.
Compatibility lies at the heart of your project. Integrate with any API and publish across different platforms. Keep building with the confidence that you won’t have to start again elsewhere.
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Minimum Viable Products (MVPs) exist between two key levels: it needs to be good enough to be tested but not fully developed for selling. To be testable, an MVP must be more than just an idea or a "thought experiment." This point is called the testability threshold - the point where an MVP is solid enough to be shown to others for their input.
On the other hand, the exploitation threshold is when the MVP moves from being a test project to a full-blown product ready for the market. This is when the focus shifts to selling the product, making it efficient, and setting up business operations.
So an MVP is a product that falls in the space between testable and ready for the market.
Researchers point at 3 main dimensions of MVP:
Features that enable the users to experience functional aspects of the product.
A visual representation of the product including design and user interface.
Features of MVP that carry a symbolic meaning and point at beliefs, values, rituals, and social practices.
Some MVPs integrate all three elements—functional, aesthetic, and symbolic realism—while others may emphasize just symbolic or aesthetic aspects; for example, Oculus Rift attracted first adopters with a symbolic “Star Trek’s Holodeck” image, while the functional product was not fully assembled yet. Meanwhile, some MVPs prioritize demonstrating the product's functionality,
The space between being testable and ready for the market allows for different types of MVPs to emerge, each suited to gathering feedback in its own way before hitting the market.
This is the most basic form of MVP, just above the testability level. Southwest Airlines developed the airline concept on a napkin. A simple video explaining the solution or an email campaign without the solution available can also be an MVP. These are types of MVPs that do not allow for direct interactions between users and the MVP.
Dropbox's founder created a simple video to test the demand for file-sharing solutions before building the product.
Users can interact with the landing page, a basic web page with a visual representation of the product.
Buffer used a simple landing page to test if social media managers would be interested in scheduling social media posts. There was no functioning social media software at the start.
These MVPs measure customer behavior. The Wizard of Oz MVP shows the frontend users the potential of what can be achieved, while functions are often performed manually on the backend. Users might think that the technology is in place; however, they are merely presented with a frontend to test the value of the potential product.
Theranos company used this type of MVP. Claiming that they could get a variety of data from a small blood sample, Theranos would exhibit live demos of the Edison machine, while the laboratory tests were done manually, and the Edison machine was not functional.
This MVP type is similar to the Wizard of Oz type, but the users can see both the front end and what's happening behind the curtains, even though the service is provided manually. Here, transparency and visibility are emphasized.
Airbnb started as a concierge MVP, and the founders made bookings manually.
Some businesses use different types of MVP, such as a landing page and a concierge MVP. Some show one feature that solves the problem for a customer without revealing the full product’s potential.
Craft a plan and kickstart your project by building a strategic partnership with ondeva.
Schedule a call with Frank, our CEO, to learn about our offer.
ondeva simplifies development and deployment, enabling you to prioritize user feedback and iterations
Design pages, construct backend logic, data tables, and APIs visually with no code required. With a visual builder, you can deploy your app faster. Everything from logic flows to automations is developed in a simple visual way.
Populate web pages with AI-generated content and images. Build AI apps, offering new ways to interact with your app through LLM and NLP. This dual benefit speeds up development and enhances user experience.
A powerful data service to help you get started faster. Upload datasets, build tables, and manage data in compliance with GDPR. On the front end, you can provide dynamic data updates to users via graphics, maps, and CSV downloads.
Your application is always up-to-date and ready to be deployed without the need to manage multiple development environments.
You can choose any coding framework or technology to build your app. Enjoy full flexibility and control of user experience, while the development platform handles all the infrastructure tasks.
Add team members and build collaboratively. You can assign roles and define the visibility of the app’s areas. Coordinate tasks in your team based on each member’s development or business experience.
Find answers to the most common questions about ondeva and MVP development.
Airbnb is one of the examples of MVP. The company founders rented out their own apartments and offered a basic website. All the bookings and confirmations were done manually.
MVP, short for Minimum Viable Product, is a basic version of a product designed to gather feedback from customers.
In software development, MVP, or Minimum Viable Product, is a strategy used to rapidly release products to the market and gather customer feedback at an early stage.