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Debunking 4 Common Myths Relating To Mvp
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The concept of Minimum Viable Product was evolved through Eric Ries’s startup, The Lean. It's been quite some time since the developer community has embraced this new philosophy. Due to inadequate knowledge about MVP, a plethora of misconceptions have started building up among the community. Even today, the developers have no clear idea about the advantages of MVP. There is no denying the fact that the term has become an integral element in the product development sector. This is mainly because of these myths that entrepreneurs are finding it difficult to reap most benefits out of this advanced technology. Moreover, this has also hampered product designing ideas.
Before Hiring an Android Application Developer, be sure that he has countable experience in creating his own Minimum Viable Product as well as your product development. Often, customers are unaware of the MVP’s worth. One of the hilarious misconceptions that companies believe is creating a low-grade first product version that is user-friendly. However, this is not just one myth, there are many others related to it.
Here, we have compiled a list of 4 MVP myths that will reveal that what MVP is not about:
MVP Lean Startup:
The success of any mobile app, in the long run, is determined by validation from its users and the development process. This idea is wholly technology-based. Today, a plethora of industry giants pay attention to it. To quote an instance, let’s talk about Facebook. The basic intent of this community building app was to offer a communication platform for college-goers. The role of MVP was restricted to ‘is the idea practically feasible?’ Therefore, it is wrong to refer to it as a lean startup or its soul. It is the first version of your mobile app that records the customer reactions to the app that you are releasing in the market.
MVP Entertains a Single Valuable Feature:
Imagine, a usual CRM tool comprising of multiple features. Now, choose the most rudimentary feature. Isn’t it quite challenging? This is the sole reason why it seeks ample time, efforts and resources in its delivery. Maybe, it is a cakewalk to develop the product version with a valuable feature.
Product Success is Directly Linked With MVP:
It is disheartening when your efforts fail to bear the desired results. Not every startup is a huge success. Studies demonstrate that only 10% of the total startups survive in the cut-throat competition. ‘MVP is not a parameter to determine the failure of the business'. according to top professionals Hired as an Android Application Developer. It is unlikely that product expectations meet their value. A major task in launching an ideal product is understanding whether it is adding value to people. Conduct a local survey to ascertain the common needs. Just in case, people are not interested in the value, change the objectives and focus more on a more creative idea.
It is a Cost-effective Way of Creating a Small Product:
Every company seeks speed, price, and quality. If one goes missing, MVP may not be that beneficial. Considering MVP as a prototype is a major mistake that many developers do. The primary focus must be learning the target audience. Hence, this statement stands wrong.’ says a team of a hired android app developer.
I hope, you are clear about the minimum viable product now. Avoid costly mistakes in the mobile development process. Wish you a great stroke of luck. In case of any query, Hire an android developer or Hire Android App Developer in India.
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