Augusta
VIP Contributor
As a business production owner it is always good to use new products to test the waters before going into a large scale or production of it. This is where the Minimum Viable Product comes in. Minimum Viable Product otherwise called MVP is the product or service a company present or inteoduce to the market in its most basic form majorly for testing.
It is pertinent to always test a product or service in market for reaction before deciding to go ahead with more production.
So what are the reasons for a Minimum Viable Product
The first and foremost reason of using an MVP is to test the product in the market
To quickly get the necessary feedback from your customers
To know if it worth too much time and money spending on the product
It is pertinent to always test a product or service in market for reaction before deciding to go ahead with more production.
So what are the reasons for a Minimum Viable Product
The first and foremost reason of using an MVP is to test the product in the market
To quickly get the necessary feedback from your customers
To know if it worth too much time and money spending on the product
