Why Does Your Startup Need MVP?
Building a full-fledged software takes a lot of time and money. But there is no way to know in advance how the market will react to your product.
That’s why it’s safer to start with an MVP. Minimum Viable Product is a basic version of a web, mobile, or desktop app. It has just enough features to test an idea, gather feedback from real users, and make the necessary changes.
Building an MVP will help your startup to reach a product-market fit faster and with less expense.
3 MISTAKES WHEN MAKING AN MVP
LAUNCHING A HALF-DONE PRODUCT
MVP is not an unfinished product. It’s just the lean version of your app. You must deliver a quality product with properly working key features. Otherwise, you won’t gather the relevant feedback.
NO FEEDBACK ANALYSIS
After launch, you should collect and break down key customer metrics—number of users, retention and conversion rates. Make sure you set up a data analytics platform before release.
EXTRA FEATURES
Bloating your MVP with bells & whistles is a bad idea. Instead, start with a leanest version possible. Launch, gather feedback and review your mistakes. It’ll help you to figure out which features worth putting in.
TECH SPEC IS A FOUNDATION
-NO SPEC? -EXPECT TO REBUILD YOUR PROJECT OVER AND OVER
To build a good house, you need a plan. To build a good web app, you need a requirements specification.That’s why we always start our projects with writing specs.