Building a brand new product is a risky business. After all, the market is full of applications, and there are no guarantees that your idea appeals to your target audience. But there’s one thing you can do to learn how end users react to your product - develop a Minimum Viable Product (MVP).
Why do startup founders create MVPs? Here are some good reasons:
It’s hard to create a fantastic product in a vacuum. Founders often take time to research their target audience, but they ultimately have no way of finding out how these people would react to their app. Launching an MVP offers them an opportunity to do just that. Gathering feedback early on is crucial to the success of every product. It just doesn’t make sense to spend tons of money on features users don’t need.
By releasing an MVP swiftly, founders get to mark their specialty down early on and start building relationships with customers that will provide the foundation for later success.
MVP isn’t only about the initial period of developing your product. It brings benefits into the later stages of software development as well. MVP helps to prevent developers from stuffing your app with features, leaving only what’s truly important. That creates room for updates and new features customers want later on. Moreover, it’s easier to tell whether new features you plan to add are relevant to the value of your product.
Creating an MVP to find a product-market fit and test it in the real world is a standard approach and a best practice in the world of startups today. Smart founders don’t take the risk that comes with spending a lot of time and money on developing a full-fledged app. Instead, they limit the number of features to a minimum and build a simple, but functional version of their app. By doing that, they can gather feedback from users, learn what works and what doesn't, and continue developing their product.
At Solidstudio, we support founders at every step of the journey - from product development and planning to creating and launching the MVP of their application.
You can trust our team of experts to help you develop an MVP which is simple but contains everything required for the success of your app. We’re skilled in helping startup founders get their ideas off the ground in the form of an MVP. We have the expertise and knowledge to advise you which features should form the core of your product, bringing the most value to your customers and setting you apart from the competition.
Our development teams will pick the best technology for your application, ensuring its lasting relevance and growth, and our designers will create captivating user interfaces to represent the true value of your app.
We know that accurately applied web development services will become a strong foundation, that will drive product from scratch to the top, or will raise the performance of a present one, enhanced with matched technologies.
We provide seniority expertise and a mix of the most performing technologies in order to set your business on the path to success. With open communication, we build strong partnerships in the digital world.
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years of contributing to e-mobility sector