Definition/ Meaning/ Explanation
Developed as a tool for start-ups, MVP says that minimum product features are launched for early customers to receive their feedback and then introduce the full-fledged product line. A MVP feature should have sufficient value to attract first buyers, establish future benefits, and provide for a feedback mechanism.

Diagrams


Originated from/Coined by
Eric Ries

Further Reading/ References
https://en.wikipedia.org/wiki/Minimum_viable_product
https://www.techopedia.com/definition/27809/minimum-viable-product-mvp
https://medium.com/@linkedRohit/how-we-define-our-minimum-viable-product-naukri-indias-no-1-job-site-5ea7b6b545c


Category: Learning, Thinking        Tags: Minimum Viable Product (MVP), Mental Models