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What is an MVP?
The meaning of MVP is Minimum Viable Product: the bare minimum version of your product that still solves the problem for your customers.
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What is The Difference Between Prototype and MVP?
- Scope: A prototype is something that you can put very little time and effort into. With an MVP, you’ve picked an idea and you’re rolling with it, which means putting in a little more effort.
- Commitment: Once you’ve invested time and resources into an...
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What is a Prototype?
A prototype is the theory behind your product made into form. Instead of having a vague idea of what you want to eventually build, you make something tangible.
Prototypes can vary in size and how much time and effort you put into them
The main benefit of a pro...
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Different Types of Prototypes
- Paper sketches: This is the lowest level of prototype. If you can wield a pencil, you can manage! Draw out a basic idea of what your user interface will look like. If you want to make something visually appealing to communicate to investors/stakeholders, work with a designer...
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Tips for Building Your Prototype or MVP
- Stay customer-focused: The goal of your product is to provide value, so be sure to focus on who you’re building for.
- Stay data-driven: You don’t have to be a data scientist to be a product manager, but don’t think that numbers shouldn’t matter to you...
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Find your MVP
Think about what would make a good MVP (Minimum Viable Product) for your problem.
Get creative in what you consider an MVP. Maybe showing random strangers at Starbucks a napkin drawing of your app’s layout would be good enough for example.
First of its Kind
If a product is being launched in the market that is new and does not have competition, then launching it with bare minimum features is the right way.
MVP (Minimum Viable Product) strategy does not work for a generic product.
Build #step-1
- For a startup, you need to start creating a Minimum Viable Product (MVP) as soon as possible.
- MVP is a version of a product that allows you to start the Build-Measure-Learn cycle with minimal effort, spending as little development time as possible.
- Such a crude product may b...
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