So, you have decided to build a mobile app for your business. We bet you have a brilliant app idea and are prepared to put in that money as well as effort. But is launching a full-fledged mobile app loaded with all features really worth the initial risk?
*Enters MVP mobile app development*
MVP mobile app development is allowing entrepreneurs to get their ideas off the ground quickly, validate its concept, gather feedback, and pivot accordingly.
However, a lot of business owners have limited understanding of MVP mobile application dev. Some don’t know what steps they should follow to launch an app MVP. In this blog, Techosquare will tell you everything important about MVP mobile app development.
Let’s first understand why you should be creating an MVP application rather than bringing the final product in the market!
In addition to vetting your business idea at less app dev cost, there are many other reasons why you should consider MVP mobile app development in 2023.
Here are some of those reasons:
Have a solid mobile app idea in your mind but don’t have a big budget? Fret not. MVP application will help you launch your app concept while holding the overall development cost to a minimum, allowing you to impress investors, prove product-market fit, and secure funding for your final business product.
Let’s say you have already developed your mobile app and introduced it to the market but customers didn’t like some of its features. Or customer survey has revealed some new features that can work magic. This would mean a lot of rework.
MVP app development will let you implement iterations to the initial app concept based on your consumers’ feedback with ease. This also reduces risk of developing complex features that are of little value.
Do you know that the first touchscreen was introduced to the market way before the iPhone came into the scene? Yes, you read it right! It was released by IBM in 1992. However, the mobile phone wasn’t that successful and the company has to cease its production. Wondering why? Because it lacked product-market fit.
Your mobile app idea could be great but many factors can keep it from coming out on the top. Bad release timing is one of them. Developing an MVP mobile app will let entrepreneurs ensure that their product matches the current market trends and is a good fit for consumers.
This is one of the biggest reasons for building an MVP mobile application for business! The best way to test your app concept’s potential is to share it with the target audience and see how they actually respond to it. It will help you collect genuine user feedback and integrate it into the development process of the final product.
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Another major benefit of MVP mobile app development. It is always easier to make changes to the initial product than the final one. Altering MVP product isn’t excruciating either. Entrepreneurs and developers can instantly go back and implement features based on the audience’s feedback. They don’t have to put the kibosh on the mobile application’s architecture and build it again from ground zero.
We bet now you understand the importance of building an MVP application for smartphones. Finally, it’s time to discuss the process of developing the same!
These steps will help you create a Minimum Viable Product without any developmental errors and protect your project from a massive disaster:
Before spending months of effort and truckloads of money on developing an app MVP, it is important to figure out its need in the market. Ask yourself what kind of customer problems are being addressed. Once you figure out the problems, you also will be able to find answers to these questions:
Figured out requirements? Good. Now It’s time to start pressure-testing the mobile application idea! Suss out small gaps between existing companies and consumers. Consider these steps to spot opportunities for your MVP app:
These steps will provide you with a lot of crucial information to develop an MVP app.
Here comes the most vital step of the MVP app development process! Based on responses that you got from your potential users and gaps that you found while analyzing your competitors, list the features that you want to launch in the initial version of your mobile application. Use the prioritization matrix technique to organize and split must-have features from the nice-to-have ones.
In fact, while deciding on features, keep your business team and app development team on the board. Ask them what features can help them achieve their business goals. Even if you are deciding on the features on your own, don’t implement too many user-requested features too soon since they can harm user experience and drag you away from the intent of creating the app.
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Finally, your MVP app is ready for launch. However, before you make it public, validate it. By doing so, you will be able to figure out whether or not your MVP mobile application is solving issues it has been truly developed for. You can ask your friends, families, or even testing companies to validate and test your app.
If they show you a green signal, make your MVP live. Continue to collect feedback from the early audience and represent it to the investors for fundraising of the final product.
Above is everything you need to know about MVP mobile app development. As you witnessed, MVP development has its share of challenges as well. Balancing value, development time, defining budget, prioritizing features - there are a lot of things that entrepreneurs need to take care of in order to verify app ideas through MVP and secure funding from the investors.
That’s why it is recommended to hire an experienced mobile app development firm. Techosqaure has decade spanning experience in web & app development and has launched a plethora of mobile apps for clients globally.
Got any queries to ask? Send them to info@techosquare.com and have them answered by our app experts.
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