Minimum
viable product
Why waste so much time on useless features and decisions?
Moving forward without our client's feedback can cause a major threat in the form of an unwanted product or wasted engineering hours. MVP is coming to help us.
Let’s talk about MVP
ACTUALLY, A MINIMUM VIABLE PRODUCT (MVP)
Is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development. It is a very flexible approach to developing a product with minimum financial and time losses.
How it work
MVP
An MVP is just the first step of an iterative development processe.
Releasing the MVP and confirming that it is viable
After releasing the MVP and confirming that it is viable, the InterCode team builds an action plan for undertaking further development. This should focus specifically on the feedback that has been received from our customers.
Review the features
After that, we review the features that customers liked and those they did not use. This information can be used to develop a list of next-step priorities for product development.
Releasing a version of the product
The next stage is releasing a version of the product that builds on the first, focused specifically on what the initial users liked and the priority list that has been created.
Keep on iterating
From there, our team can keep on iterating to shape the product such that it continues to meet customer needs, bring in revenues and gain a competitive advantage.
Developing an MVP makes sense
In every way when you want to validate a concept. Doing so saves time and money that might very well otherwise be wasted building and perfecting a product that no one is interested in. MVP also allows us to identify the best direction for the product based on the actual use of the MVP by the customers. Feedback directly from customers allows the product to be developed in such a way that is specifically focused on customer needs, rather than on what we think the customer needs.
Let’s talk about MVP