Minimum viable product - Wikipedia

Minimum viable product - Wikipedia: A minimum viable product (MVP) is a product with just enough features to satisfy early customers, and to provide feedback for future product development.[1][2]

Gathering insights from an MVP is often less expensive than developing a product with more features, which increase costs and risk if the product fails, for example, due to incorrect assumptions. The term was coined and defined by Frank Robinson about 2001,[3] and popularized by Steve Blank, and Eric Ries.[4][5][6][7] It may also involve carrying out market analysis beforehand.

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