Minimum Viable Product

C1 16+
  • Frequency of Use
    70 %
  • Retention Rate
    60 %
  • Complexity
    50 %
  • Minimum Viable Product Meanings

    noun A noun is a word that represents a person, place, thing, or idea. In this case, 'viable' is a noun that represents the ability of the product to succeed or be effective.

    adjective An adjective is a word that describes or modifies a noun. In this case, 'minimum' is an adjective that describes the level or amount of viability required for the product.

    Fields related to minimum viable product

    Entrepreneurship

    In the field of entrepreneurship, a minimum viable product (MVP) is a product with just enough features to satisfy early customers and provide feedback for future product development.

    Software Development

    In software development, a minimum viable product (MVP) is a version of a new product that allows a team to collect the maximum amount of validated learning about customers with the least effort.

    Product Development

    In product development, the concept of a minimum viable product (MVP) is used to quickly test and validate a product idea with the least amount of effort and resources.

    Lean Startup Methodology

    The Lean Startup methodology emphasizes the importance of building a minimum viable product (MVP) to test assumptions and gather feedback from customers.

    Occupation Usage of minimum viable product

    Writer

    A writer may use the concept of minimum viable product when working on a new book or article. They may focus on getting the core ideas and structure in place before adding more details or refining the writing further.

    Psychologist

    A psychologist may use the concept of minimum viable product when developing a new therapy or intervention. They may start with the basic elements that are essential for the intervention to be effective, before adding additional components or refining the approach.

    Entrepreneur

    An entrepreneur may use the concept of minimum viable product when launching a new product or service. They may focus on getting a basic version of the product or service to market quickly in order to gather feedback and make improvements based on customer reactions.

    Software Developer

    A software developer may use the concept of minimum viable product when creating a new software application. They may start with a basic version of the app that includes only the essential features, before adding more advanced functionalities or refining the user interface.

    Consolidated Statistics about minimum viable product

    Region Popularity

    Gender Usage

    By Literature Genre

    By Media

    Age Distribution