minimum viable product

A Minimum Viable Product (MVP) is a concept in product development that emphasizes creating a basic version of a product with the minimum set of features required to meet user needs and validate the idea. MVPs are designed to be quickly developed and launched to gather user feedback and insights for further refinement. By releasing an MVP, product teams can test hypotheses, identify potential issues, and iterate based on real-world data. This approach helps save time, resources, and reduces the risk of building full-fledged products that may not resonate with the target audience. Discover the power of MVP development in accelerating product validation and success.