Book Advertisement - Hard Lessons Learned: Social Media Marketing

Menu
  1. Consulting
    Previous Next
  2. Management
  3. Marketing
    Previous Next
  4. Development
    Previous Next
  5. Design

    No content

    A problem occurred while loading content.

    Previous Next
  6. Industry
    • All
    • Automotive
    • Pharmaceutical
    • Technology
      More
      Previous Next
    1. Services
    User Menu Search
    Close
    Minimum Viable Product: To Develop an MVP or not to Develop an MVP
    James Nagy
    / Categories: Development
     

    Minimum Viable Product: To Develop an MVP or not to Develop an MVP

    A minimum viable product (MVP) is a software development technique.  This is where a new product or website is developed with sufficient features to satisfy the early adopters and early requirements. The final, complete set of features is then designed and developed after considering feedback from the product's initial users. Consider it as a product built with a minimum feature set. So, should we be developing the features that the customers are asking for as the minimal requirements? Should we just be doing the bare minimum or should we be going above and beyond to satisfy a larger audience?

    The idea of an MVP is to create bare bones features and selling the vision behind it.  Is it enough anymore to just do the minimum all the time or do you need to aim higher? In software development, times are changing. In my opinion, while there is a time and a place for MVPs and that is if you’re just trying to satisfy a list of simple requirements. In most instances, you should be doing more.

    An explanation from Carlos Beneyto on Medium:

    “The technological evolution is taking giant steps and consumers are also advancing and moving forward […]  What is the problem with all this? Users are accustomed to a minimum of quality, and they expect that of all new products. What does it mean? That all users expect a new social application [for instance] to share the activity of that application (whatever it may be) with other social networks. Facebook, Twitter, Instagram, Whatsapp, etc… it’s that simple. If our product does not have such a simple feature, people will automatically believe that it is a bad quality product and they will not take it seriously. It is not what they expect.”

    As a whole, the world of technology has changed, grown, and exploded. People are now accustomed to a minimum standard. If a new product doesn’t have that basic functionality already, in addition to the requirements you are trying to satisfy, then it’s going to be viewed automatically as an inferior product. So, the question remains. Do you develop an MVP or not? In most cases? I would argue not to. You have to think ahead to what the larger audience will need and more importantly what they will already expect.

    You have to be able to offer more. The end user is now a thousand times over more technologically savvy than they used to be. You have to be able to bring features that are expected to the table as well as speed and design. You are being faced with end customers who now have a notion of how these products, programs or applications should run or how they should look at a minimum level. This is what you’re competing with.

    What is your opinion on creating an MVP vs creating a product that satisfies a larger audience? Are all the extra features necessary right out of the gate or is it excessive and a waste of time? What are your thoughts? Comment below!

     
    2876 Rate this article:
    No rating

    Hi, we need your voice and feedback, please comment below and engage with us. Let us know if you agree, disagree or think we missed something important. If you are reading this and found the article above interesting or valuable, please share it with your friends and coworkers. Just click a share button above on your favorite social media channel to easily share this information. Thank you for your help!

    blog comments powered by Disqus
    James Nagy

    James NagyJames Nagy

    Looking for a business consultant, how can I help? As Co-Founder and Managing Partner of J&S Tech Designs, I have three decades of experience and expertise to share with you and help your business, product, or idea thrive.

    Other posts by James Nagy
    Contact author Full biography

    Full biography

    As a strategic leader and entrepreneur, James Nagy has a record of generating growth by leveraging the latest technologies to drive sales, marketing, product development, and profitability. He is known for identifying and capitalizing on market trends, developing effective tactics for implementation, enhancing operating performance, and serving as a trusted advisor and business partner. Skilled at working across operations, James builds strong, cross-functional relationships and communicates complex technical information to diverse internal and external stakeholders.

    A big picture visionary, James identifies and reacts to market trends, providing disruptive strategies that go beyond IT to include sales, marketing, and product portfolio management. Building on his experience as Director of Software Development with premier companies Midas International Corporation and SXC Health Solutions, Inc., James launched two successful consulting companies, Sprocket Websites Inc. and J&S Tech Designs. As the Managing Director, he provides innovative solutions to clients in small- and mid-cap companies.

    When he is not advising other business leaders, James lends his expertise to a variety of organizations. He is a Founding Member & Committee Member of the Greater Conejo Valley Chamber of Commerce; he serves on multiple teams and committees for the Naperville Area Chamber of Commerce; he is a Founding Member of the Chicago Area DNN User Group, and he serves on the Board of Directors of the New West Symphony. In his free time, James enjoys Sci-Fi, coin collecting, traveling and wine tasting.

    x

    Name:
    Email:
    Subject:
    Message:
    x

    Recommended Products & Services

    No content

    A problem occurred while loading content.

    Popular in Development

    No content

    A problem occurred while loading content.

    Previous Next

    Stay Informed!

    Every week we explore the latest in Business Consulting, Management, Development, Design & MORE! If you’re an entrepreneur, developer, business owner, consultant, or marketer be sure to subscribe today! Just one email per week, no SPAM.
    Terms Of UsePrivacy StatementCopyright © 2018 by J&S Tech Designs – Technology | Design | Innovation
    Back To Top