Minimum Viable Product

In product development, the minimum viable product (MVP) is a strategy used for fast and quantitative market testing of a product or product feature. The term was coined by Frank Robinson and popularized by Eric Ries for web applications.It may also involve carrying out market analysis beforehand.
Posts about Minimum Viable Product
  • Physical Product Experiment [PPE #3]—Prototypes

    … of useful ones. The MVP Stage Right now, we’re nearly at the Minimum Viable Product (MVP) stage. We’ll soon have the basic components of the product—a prototype—to ship to our volunteers so they can start testing it. Once the MVP is complete, we’ll share that with our volunteers so they can go through the process of engaging with and actually…

    Pat Flynn/ The Smart Passive Income Blog- 18 readers -
  • How to Escape Hustle Mode

    … tied to a service. Demand for the product keeps going up and revenue keeps increasing, but things start to slowly go wrong. Maybe you can't keep up with customer support, maybe technical issues prop up and take way too long to fix, maybe the quality of your content starts to suffer (e.g. for memberships or information products). The more demand…

    IM Impactin How To's- 17 readers -
  • What to Do When You Launch a Product & No One Buys… IMP#36

    … In previous posts & podcast episodes, we've talked a lot about minimum viable products, getting businesses off the ground on a shoestring budget and the value of releasing rapidly. If you follow the advice you find here, you'll soon find yourself with a product or service ready to present to the world and perhaps you even orchestrate…

    IM Impact- 11 readers -