04 May Is Your App an MVP?
Not to be confused with major league baseball’s “Most Valuable Player” or Microsoft’s
“Most Valuable Professional,” in the world of product development the acronym “MVP”
stands for “Minimum Viable Product.”
An app is considered “viable” when the developers can prove that it is not only possible
to create, but it is also practical, desirable, and valuable to consumers. However, that is
not the definition of MVP. MVP is less of a distinction and more of a technique or model
for developers to follow. The goal is to create a product with the highest return on
investment for the lowest risk. Following the MVP concept helps developers and their
clients do just that.
Any businessperson wants their customer to see them at their best. They want the
product to be perfect in every possible way. The MVP model of development finds fault
in that. It values facts, not assumptions. A developer can assume that the app will be
profitable based on generic market research, but that is an assumption. The MVP model
does away with such postulation by insisting that the product should go public in its infancy:
when it works, but before the team puts money and effort into all of the bells and
whistles. It evaluates the app’s viability through experimentation and user feedback
instead of comparing it to similar products and presuming that customers will buy it.
For your app to succeed in this competitive market, the next best step after
brainstorming your brilliant idea is to work with an effective development team on short-term goals in two to three-week “sprints” of time. After a few sprints, you may find
yourself with an MVP that’s ready to go into public hands. A few sprints after that,
keeping customer feedback in mind, you’re ready to introduce your final product to the