MVP
What does it mean
What is MVP (Minimum Viable Product)?
You have probably encountered the term: MVP (Minimum Viable Product), but what is it? MVP is a minimum viable product, meaning a basic version of a product that contains only the essential features needed to be launched on the market and tested by real users.
The goal of MVP is to quickly validate an idea with the lowest possible costs and find out if there is genuine interest in the product.
When is MVP important or appropriate?
✅ Faster market launch – without unnecessary waiting for the "perfect product"
✅ Reduces the risk of failure – you verify if the product is truly needed
✅ Saves development costs – you avoid expensive features that customers don't want
✅ Allows for quick iterations – you get feedback and further improve the product
✅ Better understanding of customer needs
What does MVP look like in practice?
More info
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