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What is an MVP?


Tegra - November 10, 2019 - 0 comments

What is an MVP?

What is an MVP?

Courtesy of @ui.helen⠀

MVP is a minimum viable product. In Agile methodology of development, an MVP should deliver the very essence of a product in its most basic form. Minimum viable product features are selected in the way that they satisfy the needs of early adopters.

MVP is a minimum viable product. In Agile methodology of development, an MVP should deliver the very essence of a product in its most basic form. Minimum viable product features are selected in the way that they satisfy the needs of early adopters.

An MVP has 3 key characteristics:
1) Has enough value so that people will use it or buy it.
2) Demonstrates enough future value to retain early adopters.
3) It provides a feedback ability for users to guide future development.

⚠️ An MVP has 3 key characteristics:

1️⃣ Has enough value so that people will use it or buy it

2️⃣ Demonstrates enough future value to retain early adopters.

3️⃣ It provides a feedback ability for users to guide future development.⠀

What MVP Gives to Business?  1) Saves budget and time as MVP is the fastest version to release before business can get feedback from the users.
2) Gives an understanding how to progress with development after gathering users feedback.

💰 What MVP gives to business:

1️⃣ Saves budget and time as MVP is the fastest version to release before the business can get feedback from the users

2️⃣ Gives an understanding of how to progress with development after gathering users' feedback.

How to Define an MVP?  - Answer the question — what people from this particular industry really need?
- What problem (s) that they face should the product solve?
- List all the features and ideas;
- Think about the most selling features that business can benefit from;
- Make a mixture of features from p 1,2 and 4;
- Draft the concept;
- Ask people from the industry for opinion;
- Iterate.

In my personal practice this is how we define an MVP on all projects:

📍Answer the question — what people from this particular industry really need?

📍What problem (s) that they face should the product solve?

📍List all the features and ideas

📍Think about the most selling features that business can benefit from

📍Make a mixture of features from p 1,2 and 4

📍Draft the concept

📍Ask people from the industry for opinion

📍Iterate⠀

I always think from both user and business side. All sources teach us (designers) about user-centered design but as you could see from my earlier posts we need to think about business too.

Bonus — 8 useful tools for everyday usage:

Emailoctopus — an email marketing service for users of the cloud-based email-sending service Amazon SES. Its features include app integrations, blog automation, responsive templates, real-time analytics, and more.

Manychat — visual bot builder for Facebook Messenger with broadcasts, analytics, scheduled posting and many other features!

Crello — a free graphic design editor that helps create images for social media, print, and other web-based graphics.

Funnelytics — the best funnel mapping software available to marketers and entrepreneurs today.

Kinsta — Premium WordPress Hosting for Everyone. Kinsta’s managed WordPress hosting service helps you take care of all your website needs.

Integromat — is a powerful automation tool that connects your apps and services to work smarter, not harder.

Webflow — all-in-one web design tool that allows users to design, build, and launch responsive websites visually.

FlowKit — allows designers to create frighteningly fast user flows within Sketch and Figma.

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