What is MVP? What is your concept and how do you create one?

MVP is the acronym for “Minimum Viable Product” which means “Minimum Viable Product”. It is only the simplest version of a product and, therefore, it presents its most basic functionalities. It works as a test to validate the idea, applicability, and adherence of a product in the market.

To understand what is an MVP, its importance, and to know some examples, simply continue reading this post, which will address:

The MVP of a product is its most basic version. Starting from a strategy that saves resources and optimizes time, the MVP is created to test the reception of the product in front of the target audience and project its performance in the market, before adding more complex and expensive items.

The MVP (Minimum Viable Product) is important because it acts as a powerful guide to analyzing the acceptance of the product by the person. In addition, it helps to define a course for the development of the product, including improvements and adjustments so that its launch is a success.

Because MVP allows a company to carry out a large-scale test within a specific scenario, it is strategic and crucial to measure user interaction with the product, evaluate their degree of participation and verify if it really has the potential to satisfy all the demands of your audience.

The concept of MVP is widely adopted by startups, because their idea was born from a movement created and propagated by Eric Reis, one of the most successful entrepreneurs in Silicon Valley.

To ensure that a startup is successful, you need to develop scalable products, which must be introduced gradually. This practice is very functional to reduce risks and avoid excessive expenses.

This idea, also known as Lean Startup, has a direct relationship with the MVP. This is because it is based on real validation, no guesswork, based on tests and customer feedback.

In this context, the elements of time and quality are also highlighted, because the concept aims to offer the best possible quality of a product in a short time. 

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