MVP Development: What it is & What's the Process

MVP is also known as Minimum Viable Product is a complete early report and version of your work or project which you show your client as a pre-delivery of your project. In this report, you create some early features for your client for their product which help the client to decide and give feedback about their product. Also, this early product version of MVP development gives the idea to the client that how their product will look after it’s completed in the future.

In that way, the customer and the project manager completely understand the idea of the client so in that way, they have to put in their minimum effort after completing the project. Because they already know how their project or product looks like that’s why they don’t have to do many changes after the final product is delivered.

Now let’s move to the next process of development and discuss how it’s done.

First, you need to organize your ideas in order to come up with an action plan that will allow you to move forward efficiently and effectively.

If your business is at an early stage, then you must have to divide the MVP building process into several sections to properly present them:

How to Define your Value Proposition

Your value proposition must be simple and straightforward so your customer can easily understand your workflow in order to deliver your work in front of your customer.



This is a very crucial part of MVP Development to define the things and your value in such a way that the customer can easily understand them.

• Recognized your Customers and their Demands:

You must have to identify first who’s your target customers and stakeholder who’s interacting with your product in order to present your work. Otherwise, you lost your potential customers to generate good revenue. When analyzing the observed context of your customer, you should consider demographics, psychological, and other behavioral factors.

• Does your Product Solves Clients’ Problem:

The main benefit of MVP is that your client can easily be determined whether the final product can solve the problem after publication. In that way the client knows the outcome in advance to maintain their project on board with the manager otherwise they quit that person and find another prospect who can do their project more efficiently and solve their problem. That’s why you must have to understand the problem and behavior of the client because it’s very crucial for your ongoing project. Your competitors (direct and indirect - horses definitely qualify for Henry Ford here), as well as their positioning, strengths, and weaknesses, should be defined here.

• Why the Client Stick with your Product:

Also, you must have to give ease to your customer to stick with your services by providing them extra tweaks. You can give some extra audit and testing services to your client free in the starting in order to retain your customer due to the high competition in the market. The purpose of this section is to list any barriers to entry or elements that will prevent users from switching. For Instance, you build an app that is 10X better than the current solutions of your client. Just Because your customers use that App every day it is more disgusting to leave them as it is for potential customers.

• Does Your Current Solution better than others:

Now your next step should be to explain what sets your product apart from the competitors you listed. Because now in today’s world there is too much competition in every field that’s why you must have to show your best work in order to retain the client’s work and their expectations. Be specific about what will motivate users to take action and switch to your product. You must have to provide them with the appropriate MVP product solution in order to solve their problem.

You can also head to Alsyke Technologies and take their help to discuss your MVP project with them and they’ll provide the appropriate solution for your project and also guide you in planning them. Alsyke Technologies is the best MVP Development Company for Startups businesses to get their project done in their required timeframe.

How to Define the Assumptions to Validate

Basically, assumptions are defined as the actions and steps which are very critical for your business, but at this stage, we don’t know that they take care of these steps. For Example, Airbnb considers some of the assumptions which are necessary for their product to initiate them.

To give them the true experience the travelers must visit the city that not the hotel that disconnects them from the city. The Rent of the hotels is very expensive for the average customer if there is no other option. Also, there’s must be another option which the customers can avail themselves instead of the hotel. Like the Neighbour’s house and other places which are least expensive than the hotels.

In that way, the house owners also feel pleasant to open their houses for passengers to earn some extra income.

In that way, you must list your cons or assumption which the Airbnb company lIsted above. Once you’ve listed all the points of assumption then it’s time to take action on those points and solve them which can be easily solved by doing the research.

Then you have a handful of assumptions that can be solved by building an app. Now you have the Final step to level up this MVP process game is rebuilding.

• ReBuild the List of Assumptions and Solve them:

Now in this rebuilding process, you must have to list all the features which you think your product must-have from the starting to the end.

After that, you have to put these features list in the list of assumptions that you prepared previously.

For Every Feature, you must have to ask yourself that is this feature is necessary to show them in the MVP with one assumption. If necessary then add them to the MVP list and if not then highlight that thing with the label “Nice to have” which can be considered in the future.

Once you’ve compared all of the features you want with the assumptions you need to prove you’ll have taken into account all the product considerations you need to build a truly lean MVP.