What Is Mvp? A Minimum Viable Product With Examples!

By Author: Kaylee Evans
Total Articles: 4
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A minimum viable product (MVP) is always the first version of a product with only the “core and most useful features” meant for early adapters. MVP Development is low cost, low risk, quick and it works!

The term MVP (Minimum Viable Product) was first coined by Frank Robinson (Founder of SyncDev) back in 2001, however it was popularized into the masses through the works of Eric Ries through his works especially the book Lean Startup which is a go-to book for all modern day Entrepreneurs, and also by Steve Blank.

The definition of an MVP, since then, has changed a lot and gained many flavors because of the way startups are conceived, launched, and grown has changed a lot over the last two decades. Though MVP (Minimum Viable Product) is applicable across all the industries, it is widely used in the domain of Tech Startups that are creating digital software products like Mobile Apps, Web Apps, IoT Apps, AI Apps etc.

Common Myths around Minimum Viable Products: An MVP is often confused with a Prototype, Proof of Concept, Test Product, and even with wireframes or Blueprint, and that is a wrong understanding. ...
... An MVP is a commercial product that users can actually use (and often pay for) and is not at all an “Prototype or Proof of concept” for internal testing.

Source:- https://www.agicent.com/blog/what-is-mvp-minimum-viable-product/