MVP
MVP (Minimum Viable Product) is a product development strategy that focuses on creating a basic version of a product with just enough features to satisfy early adopters and gather validated learning about the product and its market. It allows teams to test hypotheses, minimize development time and costs, and iterate based on real user feedback before investing in full-scale development. This approach is commonly used in agile and lean startup methodologies to reduce risks and ensure product-market fit.
Developers should learn and use MVP when building new software products or features to validate assumptions quickly and efficiently, especially in startups or innovative projects where resources are limited. It helps prioritize core functionalities, avoid over-engineering, and adapt to user needs early in the development cycle, reducing the risk of building products that fail in the market. Use cases include launching a new app, testing a business idea, or adding features to an existing product with uncertain demand.