Did you ever wonder why most of the app idea fails even after spending months of hard work, research and investment?
The reason behind this is their failure to validate their app idea.
So, now the question is how can one validate their app idea?
This is where MVP comes in. Smart entrepreneurs have always focussed on creating a minimum viable product for their app which has made their app a sucessful one.
MVP- Your Lifesaver
Let’s get real. Launching a product is actually not a child’s play. There are several things involved in it. First, you need to have a valid app idea. Next, you need to have a team of dedicated professionals, and third comes your investment.
However, if you follow all the vital steps to launch MVP cost-effectively, only then the chances of your successful app launch increases.
So, now you know why MVP is your ultimate lifesaver.
MVP has numerous benefits associated with it. Check out the list:
Owing to the plethora of advantages, MVP is just the choice of every clever app developers. MVP is indeed one of the proven models for releasing a successful product.
Looking For Those Cost-effective Steps To Launch MVP? Here They Are
You have a brilliant idea in mind and wish to convert it into a business plan that will earn you revenues. You spend several hours of research only to know the cost-effective ways of launching an app, and there’s where MVP comes in.
You are not the first person to wonder what the hell this MVP is and you are not the last. And if the above question has passed your mind, then you are probably wondering, how to create one that does not cross the budget.
Let’s check how to develop a minimum viable product cost-effectively:
1. Go For The Manual-First Approach
Let me explain first what is meant by the manual-first approach.
A manual workflow aims to solve all the core problems. Going for this approach is all about creating an MVP with functionalities of a complete app. While automation becomes a time-saving process, a manual-based approach works better here.
During the initial stages, automation needs significant resources to start with. If you are involving more money and time, a manual-first approach is always suggestible.
After the MVP is successful, whatever tasks are performed manually could now be coded for the final product. The manual workflow approach is something that the bigger brands have been following for years. Dropbox, Groupon, and Zappos are some of the companies whose MVP stories inspire us.
2. Have Your Story Map Ready Prior To Your MVP Launch
Story mapping helps you in identifying the major pain points of the users. It actually portrays all the advantages that the users can achieve.
This helps you in determining the greatest potential for your app and adds even more value to it. In this way, you will be able to focus on your MVP while adding the less impactful features to the product roadmap for later releases.
For clearly defining the user flow, you need to do three things. First, jot down the actions which the users need to take. Next, you need to note down all the pain points for each action along with the short summaries of the inconvenience caused while trying to finish the action. Lastly, write the gains down and get all the pain addressed.
3. Use The Product Map To Distinguish The Features
For doing this you need to follow 3 crucial steps. First, you need to collect the opportunity statements through the help of the pain-gain maps. Next, you need to finalize and list out the features that are essential for the launch of your initial MVP.
Finally, you need to list down the users and their particular opportunity statements and offer a breakdown of those specific features for including them in the roadmap.
Ready To Start With Your Cost-effective MVP?
Remember, whatever you do, you will be the only person who will be making the final decision of what should be included in your MVP. So, plan strategically. If required, take the help of any well recognized mobile app development company where the experts can help you to build a perfect MVP for your app.
Your MVP should overall know who are your target users and the ways of addressing their pain points. If you are done with all these, you are all set to launch your MVP.
