A shocking yet true statistic reveals that 90% of startups fail. One key reason behind this astounding failure rate is the unsuccessful execution of a crucial tool in the startup world: the minimum viable product (MVP). The concept of an MVP has long been considered a cornerstone of successful product innovation....
5 Cool Methods to Prioritize Features for MVP Development Deciding which features to include in your MVP Development can be a challenging task, as resources are often limited, and there are many competing priorities to consider. In this blog, we’ll explore five cool methods for prioritizing features for...
6 Strategies for Successful MVP Testing Picture this scenario: You have just launched your Minimum Viable Product (MVP) and are eager to see the results. However, instead of being met with applause and success, you are met with a barrage of bugs, user complaints, and negative feedback. Your MVP has failed! This is...
How Long Will It Take to Develop your Product’s MVP If you’re interested in MVP (Minimum Viable Product), you probably have a digital product in your brain and are planning your go-to-market strategy with a limited budget or time. If you’re skeptical about going full-fledged with your idea, you’re not...
It’s smart to learn from your mistakes, but it’s even smarter if you learn from other’s mistakes. The same applies to building an MVP for your next startup. You don’t have to make a failed attempt while launching an MVP when you can learn from the common mistakes and eventually launch a successful...
It would be impossible to count if we went on to list the benefits that came because of the advent of cloud computing and software as a service (SaaS) tools. A SaaS platform is a cloud-based application that offers services over the internet. Trello, Notions, PayPal, and Shopify are all examples of SaaS. Now the question arises, what is MVP development for SaaS? A SaaS Minimal...
The main reason startups fail is due to misunderstanding customer demand—this is found in 42% of cases. And considering that 80% of the startups don’t make it past their first year, it becomes necessary for technology startups to do it the right. The Lean Startup by...
Your Ultimate Guide to Build an MVP Should you gamble on an idea for an app or on the assumption about how your potential consumers will respond to it? You shouldn’t. Right? Building a software application can be a risky investment for a business if it is not approached with care. Considering the fact that even the most well-researched app concept has poor user...
It’s a big mistake to wait to publicly launch the product once it’s perfect. For example, startups spend (or waste) time and money building features which are the least important against the value proposition and delay the Go-To-Market date. ...
The product talk hosted by Innovify saw a great participation in the second meet up on November 9th, 2015 at Just Eat, London where we discussed the importance and challenges of delivering a Minimum Viable Product (MVP). ...