The MVP is the acronym for “Minimum Viable Product”. It is nothing more than the simplest version of a product and, therefore, it presents its most basic functionalities. It works as a test to validate the idea, applicability, and adherence of a product in the market. The MVP is based on a strategy in which it is important to save resources and optimize time, to test the reception with a target audience, and project its performance in the market, before adding more complex and expensive items.
The MVP (Minimum Viable Product) is important because it acts as a powerful guide to analyzing the person's acceptance of the product. In addition, it helps to define a course for the development of the product, including improvements and adjustments so that its launch is a success.
The concept of MVP is widely adopted by startups, its idea was born from an idea known as Lean Startup by Eric Reis. This is because it is based on real validation, without the guesswork, based on tests and customer feedback.
To ensure that a startup is successful, scalable products need to be developed, which should be introduced gradually. This practice is very functional to reduce risks and avoid excessive expenses.
Note: No-code tools can really speed up your MVP development process. This is because fewer resources are involved (including human resources). At the same time, the quality remains the same