Minimum Viable Product

A minimum viable product (MVP) is an early version of a product that includes only the core features necessary to satisfy initial users and gather feedback. By focusing on essential functionality, organizations can test assumptions, validate market demand and identify improvements with minimal investment. The MVP approach accelerates time-to-market, reduces development risk and informs prioritization of future enhancements. Feedback from real users drives iterative refinement, ensuring subsequent versions align with customer needs. Ultimately, an MVP enables teams to learn quickly, conserve resources and build a product road map grounded in validated insights rather than speculation.