A minimum viable product is a prototype of the product that offers the end software's most essential features yet is cheaper and quicker to develop. It can be likened to a first draft, and its goal is to determine whether the concept will work and collect data about customer response.
Advantages Of An Minimum Viable Product
Developing a minimum viable product in custom software development allows companies to gain insight and continuously improve their product using the data that was collected during the prototype’s release.
Outlines The Entire Project
Creating an MVP involves establishing an outline of the entire project, which can be useful for guiding the work and setting a timeline.
Expectations Are Set & Agreed Upon
The MVP approach involves setting clear aims, which means that all parties know and agree upon what is expected of the product.
Receive A Working Product, Ready To Go Live
An MVP is a working product that can be used to provide a far more concrete idea of what the final version of the software will look like than a verbal description offers.
Listing & Agreeing On Features
An in-depth understanding of the user's needs is essential before creating a minimum viable product. The client will work with the custom software developers to communicate what problems the software needs to solve and agree on how these solutions can be accomplished.
Mapping Out The User’s Journey
The user's journey Is the sequence of steps that must be followed to achieve the main objective, such as making a purchase. All of these potential steps should be defined from the beginning, along with any problems that might occur during this process.
Prioritization Of Features
A list of the software's features and functionality must be drafted at this stage, it is important to identify the main feature of the product and any other features that will make the software easier to use. After the features are listed, they should be ranked in order of priority.
Development Of The Software
Once the scope of work has been defined, the developers will get to work on creating the software and preparing it to go live.
Testing & QA Of Software
Custom software normally undergoes alpha testing among a small group, followed by beta testing to get feedback from a wider group of real users.
Receiving Feedback
After receiving the feedback from testing, the developers will make any necessary changes and incorporate any features that the software is lacking.
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