18/08/2022
The product has different states, and MVP is the minimum state of the product, in which, nevertheless, it already covers the needs of the client and solves his problems. It is the minimum in which someone generally needs it π¦ΈπΌββοΈ
MVP is a real, not a test, a product that you hand over to your users. And in the future, it may acquire functions and capabilities and become more extensive and attractive.
Purpose of creating an MVP
ππΌ First, the MVP is needed to test the value of your solution - that it is valuable and covers some user needs. If no one starts using even a minimal product, then no one needs your product. And this is also a good result because you have received information that this path is wrong.
ππΌ Secondly, the MVP is needed to make the first sales to early customers, confirming that people are willing to pay for your solutions. It is the most reliable answer to the question: will users be ready to buy your product?
ππΌ Thirdly, MVP helps to analyse the behaviour and needs of buyers. You can get maximum feedback based on analytics and what you put into your product because this is an actual product, not a test one. You can make sure people need it.