Minimum Viable Product Development Services

An MVP and a prototype are two common ways startups employ to see the approximate rates of success in the field their future end product can potentially reach. Both are intended for testing out the basic software system among real users. The principle difference between the two is that:

• An MVP solution – a product with a minimum scope of functionality that is launched in the market to get approved by users and built further accordingly;
• A prototype – a test-intended ‘carcass’ of the future software that isn’t going anywhere outside of the testing procedure and can be either enhanced or rebuilt completely.

In order to implement the most efficient and optimal possible minimum viable product, you can go by the well-tried-and-tested route that includes:

• Market research – find out who your target audience is, who competes with you in the market, and is there a practical need for a solution you’re about to offer;
• MVP concept – covers the main gist of your solution as a whole as well as the main business model, introduction strategy, and requirements of the project;
• Features’ definition – make sure your software’s basic features solve particular user pains;
• Budgeting & resourcing – a budget is something to be calculated early on and distributed two ways: hiring in-house experts or outsourcing your product;
• Design, development, & deployment – implementation of the UI/UX, major features, and the introduction of an MVP to the market for gathering feedback.

You can optimally, subsequently approach the implementation of your MVP by:

• Validating the concept – make sure your idea has a good potential for demand initially (market research, initial feedback, and A/B testing can be of help here);
• Setting goals at each stage – throughout the project, it’s better to always have an objective to strive for in each and every aspect of the project;
• Focusing on what’s really important – if your brand has yet to earn a renowned reputation, don’t waste your time on empty promises and exclusive offers, focus on unique, pain-solving functionality instead;
• Staying customer-oriented – always put the customer and users’ needs above any technical limitations;

The major key performance indicators or KPIs of an MVP include:

• Engagement – this is a direct reflection of your target audience’s interest in what you have to offer that allows indicating the existing and future value of your MVP;
• Feature usage – analyze what particular features users tend to shift towards most frequently to render out the most valuable ones;
• Traffic – always keep the traffic rates in check and don’t neglect to interview organically signed-up users.

In general, the nature of an MVP you are about to build can be:

• Software prototype – a basic version of your software product with the functionality foundation to be tested out in the field;
• Landing page – a website with project descriptions and documentation that can help you attract investors and users with decisive, well backed-up intentions and even some impressive web features;
• Explainer piece – usually a video that conveniently explains the gist of your future project to the mass audience;
• Wireframe – the carcass of a project to-be-implemented which features only the basic layout, navigation, and elements;
• Mockup – a wireframe livened up with design features that can be used in a finished solution.

Python is a time- and cost-efficient programming language that is perfect for implementing a functional prototype without going too far to get the high-performance result. Python is:

• Simple & consistent – developers can reuse code and easily add new features without writing everything from scratch;
• Scalable – it helps to handle rapid business growth without sacrificing resources;
• Intuitive – frequently it takes as much as a single line of code instead of a bunch like in other languages to describe a command;
• Very popular – with an extensive dedicated community, it’s easy to figure out many aspects and issues on one’s own.