We have extremely talented Agile software developers who have in-depth knowledge and extensive experience in all the top-notch technologies.

Frank Robinson defined a concept called Minimum Viable Product (MVP) which changed the way entrepreneurs started gauging the product market fit. A Minimum Viable Product is a product which hasn’t been fully developed but which has enough features and functionalities that the customers can play around with it and gauge if it’s what they need, developers can get feedback from customers to further furbish the product. This process saves a lot on the cost and risk factor, making a fully functional product and watching it fail is like the worst nightmare any entrepreneur can ever have.

MVP is a shortcut, a way to change the scenery and 1-up the competitors. The thought behind the MVP is to break the superlative idea into small steps and examine the behaviour of the customers. Here are all the benefits that MVP brings to your company –

a. MVP helps in saving time and resources and also makes sure that they are invested only in the projects which would bear fruits in the future.

b. MVP also helps millennials to test their idea and recognize what trends can be used and leveraged to produce an optimum product which would cater to the needs of the targeted audience.

c. MVP helps in procuring early stage adopters and potential clients.

d. If leveraged correctly, MVP can also be used to attract potential investors.

The main idea of an MVP is to get feedback from the customers so that the product can be developed further as per the needs of the customers. So, there are three components that are important here, first one is enough features for customers to explore the product, secondly, a feedback mechanism which will enable customers to send their feedback and lastly, it should have scope to be developed further according to the needs of the customers.