Turn Your Viable Product Idea into Reality
Do you have a new digital product idea? Testing the market first, collecting user feedback and if you want to avoid unnecessary development costs, MVP (Minimum Viable Product) development is for you.
From Your Idea to Market: MVP Development Process
Implementing an idea is often risky in terms of both time and cost. Instead of developing all the features from scratch, it is a much better step to first test the market and understand the real needs of the users. This is where MVP (Minimum Viable Product) comes into play.
What is MVP?
It is the first version of a product developed in a short time, containing the most basic and value-providing features. In other words, we can call it the “core” version of your product.
Advantages that MVP gives you:
- Market Testing: You can quickly see whether your product will really attract attention and how users will react.
- User Feedback: By meeting with users early on, you get their comments directly and improve your product accordingly.
- Cost and Time Savings: By developing only the most critical part before investing in all the features, you will save your budget and get to market faster.
- Correct Investment Plan: You can decide in which direction your product should evolve in the light of incoming data.
We determine the features that reveal the most important value of your product and implement a fast, functional and testable first version. In this way, you collect real data from the market and take your next steps more confidently.
Read moreMVP (Minimum Viable Product) Development Plan
- Idea and Problem Description – Clarify what problem the product solves and for whom it is being developed.
- Target Audience Determination – Define your user group and their needs.
- Prioritize Features – List all ideas, choosing only core features that deliver value.
- Creating a Technical Roadmap – Determine the technologies to be used, team roles and schedule.
- Simple and Functional Design – Develop a user-friendly, simple and fast-applicable interface.
- Development of MVP – Implement first version with core features.
- Testing and Piloting – Test the product with a small group of users and identify problems.
- Feedback Collection – Get data from users about their experiences, expectations and shortcomings.
- Analysis and Next Steps – Update the product roadmap and plan improvements based on data.
- New Product Development
- Market Test
- User Feedback
- Cost and Time Saving
- Business Model Validation
- Investor Presentation
- Marketing Strategy Test
- Product Roadmap Planning
- Technology Test
