How to build a minimum viable product? - PowerPoint PPT Presentation

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How to build a minimum viable product?

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An MVP is a perfect tool for the dynamic process of refining towards product-market fit. Based on customer feedback, it helps entrepreneurs to closely connect their product with market needs. – PowerPoint PPT presentation

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Title: How to build a minimum viable product?


1
HOW TO BUILD A
MINIMUM VIABLE PRODUCT (MVP)?
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2
WHAT IS MINIMUM VIABLE PRODUCT?
A minimal viable product, or MVP, is a basic,
launchable version of a product that supports the
elements that are absolutely necessary yet still
define its value proposition.
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3
ADVANTAGES OF MVP
  • Determine whether there is a market for your
    concept.
  • Assess the possibilities of the product.
  • assemble client feedback
  • Highlight a products shortcomings
  • Draw in investors for additional capital
  • Improve your offering to meet consumer demands.

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4
HOW TO BUILD A MINIMUM VIABLE PRODUCT?
  1. Conduct market research first
  2. Consider adding value
  3. Create a User Flow Map
  4. Give MVP Features Priority
  5. Introduce the MVP
  6. Practise Build, Measure, Learn

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5
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