What Is MVP and Why Should You Build One?

A minimum viable product (MVP) is a development technique in which a new product or website is developed with sufficient features to satisfy early adopters. The final, complete set of features is only designed and developed after considering feedback from the product’s initial users.

An MVP helps you get early data that confirms users’ interest in your product. Positive results at the MVP phase give the green light to develop the full version.

Types of MVPs:

• Wizard of Oz;
• Concierge;
• Scattered MVP;
• Single-Feature Product.

Startups or everything started with MVP:

• Spotify;
• Airbnb;
• Foursquare;
• Groupon;
• MeinFernbus;
• CourseYard.

Proper use of an MVP means that a team may dramatically change a product that they deliver to their customers or abandon the product together based on feedback they receive from their customers. The minimum aspect of MVP encourages teams to do the least amount of work possible to useful feedback which helps them avoid working on a product that no one wants.

Follow the guide below to learn more.

https://jelvix.com/blog/what-is-an-mvp-and-why-should-you-build-one