Question

What is Minimum Viable Product MVP

Answer 1

A MINIMUM VIABLE PRODUCT (MVP) IS A PRODUCT WITH JUST ENOUGH FEATURES TO SATISFY EARLY CUSTOMERS , AND TO PROVIDE FEEDBACK FEATURES FOR FUTURE PRODUCT DEVELOPMENT...

A MINIMUM VIABLE PRODUCT HAS JUST ENOUGH CORE FEATURES TO EFFECTIVELY DEPLOY THE PRODUCT , AND NO MORE....DEVELOPERS TYPICALLY DEPLOY THE PRODUCT TO A SUBSET OF POSSIBLE CUSTOMERS - SUCH AS EARLY ADOPTERS THOUGHT TO BE MORE FORGIVING , MORE LIKELY TO GIVE FEEDBACK , AND ABLE TO GRASP A PRODUCT VISION FROM AN EARLY PROTYPE OR MARKETING INFORMATION...THIS STRATEGY TARGETS AVOIDING BUILDING PRODUCTS THAT CUSTOMERS DO NOT WANT AND SEEKS TO MAXIMIZE INFORMATION ABOUT THE CUSTOMER PER AMOUNT OF MONEY SPENT.....

THE MINIMUM VIABLE PRODUCT IS THAT VERSION OF A NEW PRODUCT A TEAM USES TO COLLECT THE MAXIMUM AMOUNT OF VALIDADTED LEARNING ABOUT THE CUSTOMERS WITH THE LEAST EFFORT.....

AN MVP CAN BE A PART OF A STRATEGY AND PROCESS DIRECTED TOWARD MAKING AND SELLING A PRODUCT TO CUSTOMERS....