Latest statistics show that 90% of startups fail. If you are a founder, a Minimum Viable Product (MVP) can help you validate your business ideas with minimal resources. You can quickly gather feedback from early adopters before launching a full-pledge product.
In this post, S-PRO will review the five essential steps of MVP development based on our experience working with businesses across industries. Keep reading to make your MVP development efficient and fruitful.
Product discovery helps you define your business idea and the core problem of the target audience you aim to solve. In this phase, you conduct market research to analyze market trends and customer needs. After that, you can define your unique value proposition (UVP) and articulate clearly how your product solves specific pain points.
You need to create user personas. These detailed profiles of your target audience help you better understand their behaviors and challenges. Finally, you set your product goals to solve a core problem with minimal features.
Outcome: A clear product vision, a defined target audience, and a list of core features for your MVP.
Now, you can brainstorm ideas and prioritize your MVP features. List all potential features your product can have. You can use the MoSCoW framework (Must Have, Should Have, Could Have, Won’t Have) or AI feature recommendations.
Once you’ve prioritized the features, write user stories to show how your audience will use them. Then, create a roadmap to plan your MVP development step by step.
Outcome: A list of prioritized features.
This step involves creating wireframes and interactive prototypes to visualize the product. Sketch the basic layout and structure of your MVP, then create detailed mockups to show its appearance.
Use Figma or InVision to make clickable prototypes for user testing. Test with users to get feedback and improve the design.
Outcome: A validated design prototype that reflects the core functionality and user experience of your MVP.
This phase involves writing code and conducting rigorous testing. You need to choose the right tech stack based on your product requirements and build core features identified during the prioritization phase.
Then, conduct unit and integration testing to ensure your MVP works as expected. Finally, perform user acceptance testing (UAT), allowing target users to test the product and provide feedback.
Outcome: A functional MVP ready for launch, with essential features implemented and thoroughly tested.
This is the final step in developing your MVP. You release your MVP and start collecting feedback from real users. This helps verify your ideas and highlight areas for improvement.
Outcome: A validated MVP with actionable insights for further development.
MVP development helps you launch a product with minimal risk. Following the five steps in this post, you can validate and refine your idea before building a complete product. Partnering with a trusted team like S-PRO can help ensure long-term success.
Ready to build your MVP? Contact us to turn your idea into reality.