MVP stands for Minimum Viable Product.
MVP stands for Minimum Viable Product.
It is the simplest version of a product that includes only the core features needed to test its viability in the market. The goal of an MVP is to:
✅ Quickly validate an idea with minimal resources
✅ Gather user feedback for future improvements
✅ Reduce time and costs before full-scale development
For example:
- Uber's MVP: A basic app that let users book rides and drivers accept requests.
- Facebook's MVP: A simple network connecting Harvard students before expanding.
Comments
Post a Comment