MVP
A TOOL THAT BRINGS PROFIT AND SOLUTIONS IN THE SHORTEST POSSIBLE TIME
Why you need an MVP
To begin with, let's pay attention to what an MVP is. Minimum Viable Product or minimum viable product is a variant of a new product that contains only the most necessary functional minimum to meet the needs of the first customers. MVP helps to bring a new product to the market faster and immediately make sure of its popularity. Often, the development of an MVP begins with the aim of testing a hypothesis, because it is much safer to test it first with minimal costs, and only then develop a full-fledged product.
Since you focus only on the most important functions of your product, its development is carried out in the shortest possible time, which means you can enter the market before all your competitors, when the product is not only relevant, but also innovative.
When it comes to testing a hypothesis, no one wants to invest the entire budget in a product that might not work to some extent. With MVP, you are insured against such a scenario and don't invest too much.
An MVP allows you to identify the weaknesses and strengths of your product at an early stage, find out whether it fulfills customer tasks and meets their expectations before you spend a lot of money on development.
Immediately after launching a minimum viable product, you will get the opinion of your target audience: what they like and what they don't like, whether the product meets their expectations, and what suggestions they have for improving it.
Why you should work with us
Request a free consultation - our experts will find the most effective solution
Team involvement
We want to take your problem apart and help you find the best solution. We will select the best technologies and explain their advantages in a clear way.
We are always in touch
The manager assigned to you is ready to answer questions about the project 24/7, and the developers provide feedback on a daily basis.
Clear commercial offer
No questionable wording, hidden fees, or small print in contracts. Our clients always understand what they are paying for.
We have 10+ years of experience
The company was founded in 2015 and has grown from a small web studio to a large IT holding. We have gained a lot of experience and know almost everything about the intricacies of development.
You can choose the format of cooperation
Clients can choose either the Fix Price model or the Time & Material principle. But we will try to suggest the best solution to get the best result at the lowest cost.
Warranty and support after the release
No matter how complex your product is, we will see the project through to the end. We will fix all problems during the warranty period and help with further product development.
Stages of a turnkey project
WorkflowResearch
find out everything about your idea; research the market and target audience; understand the goals, prospects, and risks of the project. Both the development team and you have a complete picture of the future MVP product.
Prototyping and UI/UX design
Designers develop the interface, make a prototype to see what the project will look like after the work is completed A prototype is created, all interface elements are drawn, the program logic is built, and components are placed
Prioritize functions
Determine which functions need to be developed; create an order of application of functions based on their priority. A clear, agreed-upon work plan.
Development and testing
implement the agreed functionality; check the product for defects; improve the quality of the MVP. Your minimum viable product is ready for launch.
Product release
Open the product to users; start the process of collecting feedback. Your product is bearing fruit, and it's time to collect information for further development.
Maintenance and support
We provide warranty support, solve technical difficulties in case of their occurrence, and provide consulting assistance SAAS development includes support. Our goal is to make your project efficient and profitable. We help you to understand all the subtleties and nuances
Let's discuss the project
Contact us for a free consultation, which is an opportunity to discuss your ideas with digitalization experts. Leave your number and we will call you back!
Mykola Kysel
SEO
I help my clients solve complex business problems with custom IT solutions
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FAQ
We answer the most common questions
What is MVP?
A minimum viable product is a product with a set of features that is needed to launch as soon as possible. The functionality satisfies the basic needs of users and provides a wide field for development and improvement. You can test your hypotheses, new functionalities, or ideas on such a product. This approach helps to save development time and financial resources. And once you are convinced of the prospects of your idea, you can deploy a full-fledged product with detailed functions on the basis of the MVP.
Why you need an MVP
When you doubt your idea, when you need to test a hypothesis or collect feedback from your users, MVP will become an indispensable assistant. This tool will help you to check the profitability and prospects of your idea at the early stages, find out its advantages and disadvantages, and understand which features are worth adding and which ones you can avoid wasting your efforts and development teams on.
How the price of MVP development is formed
As with the development of any other product, the price depends primarily on the functionality you need. The more complicated the functions, the more time it will take to implement them, and, accordingly, MVP technology will cost more. When creating an MVP, it is also important to consider scalability: after all, when the product proves itself, you will need to develop a more complete version with more functionality. Decide in advance whether you will develop it on the basis of an existing minimum viable product or whether it will be a separate resource. Another important criterion for pricing MVP development is the timing. Often, test products need to be launched as soon as possible, but some functionality requires effort, so to speed up the work, higher-level specialists are involved, and their rate is higher, which means that the cost of MVP development also increases.
Launch your MVP with inDev Group
So how do you launch your MVP and enter the market quickly, efficiently, and at minimal cost? Let’s figure it out.
First, you need an idea. And if you’re reading this article, you probably already have an idea. That’s great!
Next, you need to determine the goals and objectives of the project. Narrow your target audience, research competitors, and make sure your offer is unique. Based on the example of competitors, you can already reject some unsuccessful or already familiar solutions for consumers.
Then we perform a SWOT analysis. When you have something to compare with, you can already understand the strengths and weaknesses of the MVP product, its opportunities, and threats that may await at different stages.
Now you need to choose a development team. By the way, an MVP can help you test not only your idea but also your interaction with developers, how well you understand each other and how easily you interact. After all, you need to choose a team with whom you can make your minimally viable product as useful and profitable as possible.
We offer our assistance not only in development, but also in the preparatory research stages, because we are also interested in the success of your idea.
We have been engaged in development for over 10 years, and we have many successful projects under our belt, which you can find in our portfolio.
Leave a request and we will discuss the development of your project.