Take your project to a new level
Besides big business, we help a huge number of startups to turn their ideas into reality. Our experts will work closely with you to understand your vision and goals. Throughout the development process, we will guide and support you every step of the way.
Benefits of MVP
MVP is a start-up version of a company's product or service, which helps to get feedback from the target audience and understand further ways of development.
The first and foremost advantage of the Minimum Viable Product is the savings:
- time;
- money;
- efforts.
It is an opportunity to launch a project software very quickly and get its first fruits. Such a launch allows you to test a new solution or hypothesis with minimal risks, as well as generate ideas for further business development.
However, its benefits do not last. Below, we have collected seven more advantages in favor of creating an MVP.
Allows you to attract investors and convince them of the idea's viability;- Reduces the cost of developing a major product or service because it helps to prioritize new features and functions;
- Allows errors to be identified.
Bespoke MVP Development Services
When it comes to MVP development, it's important to choose a development partner that takes a business-oriented approach. Our company believes that your product should be focused on your target market and customers. With our years of experience, we can help you create an MVP that will help you succeed.
Hallwil Webflow understands exactly that the success of your business project depends on how well you determine which features to include in your MVP. Our experienced professionals help you make an informed decision by providing an in-depth analysis, including competitors, target audience, market demand trends, and potential investors.
Active collaboration plays a key role. Our professionals will accompany you through the whole process. This ensures that your MVP will be developed efficiently and effectively. We will work closely with you to make sure your MVP meets all your needs and requirements. So, if you're looking for a reliable and trustworthy MVP development service provider, you've hit the mark.
The MVP should be created as quickly as possible and have the ability to be flexible. We have the ability to expand and change the team to meet the needs of your project.
Services We Offer For Your MVP Development
- Process and business analysis;
- Requirements for the project and prioritization of functions;
- Production development strategy;
- Assessment of time and effort.
- Process and business analysis;
- Blueprint requirements and function prioritization;
- Production development strategy and evaluation;
- Design and prototyping UX/UI.
Budget Planning
MVP reduces costs and risks if the product fails to work, for example, due to incorrect assumptions.
While working, the team focuses on the main functions, implementing them in order of priority. Already, it is possible to estimate the potential payback of the future product by observing the real interaction of users with the site or application.
But in the final moment, remember that you can't save more money on a project than you can completely abandon it with an MVP development agency.
Tech Stack for Building your Minimum viable Product
For your convenience, we have compiled a list of the best technology stacks:
MVP Development Process
It is necessary to answer the question in a few words: What is the purpose of the product?
First of all, prepare a detailed description of the client or customer: their age, gender, education, occupation, and income level.
Find out the strengths and weaknesses of the products in order to determine the functionality of your own. Analyze the three main market players, research their past and current strategies, sales volume, revenues, financial and marketing goals.
This method of strategic planning is used by large companies to make management decisions and shape business policy.
This is the path ease of use for clients takes when interacting with the product. This will allow us to develop requirements for content and design of websites and applications.
It should start with the mandatory features for the future product. User stories—descriptions of useful features from the users’ point of view—will help.
First, you need to create a product with the most necessary functions, separating them from the non-essential ones.
Client Testimonials
Usually, when you have a detailed application specification, it takes 4-8 weeks to create an MVP App.
Here are five typical examples:
- Uber
- Yahoo!
- Dropbox
- Snapchat
- Foursquare
MVP is a minimally viable product, a demo version of an application or a web site, with which you can understand if it is worth implementing certain features, understand what exactly the users need, how they behave.
An MVP for a startup or business is likely to cost between $15,000 and $50,000—probably somewhere around $30,000. Of course, the cost of an MVP can be higher or lower, depending on the scope of work, the team size, the type of contract, etc.
The funder spends less money on development. MVP on no-code costs 5 times less.
You can always switch from one software development service provider to another.
MVP gives an opportunity to check the viability of a startup in a short period of time. One of the reasons is the lack of hypothesis testing at the startup.
The notion that MVPs are reserved for startups is a common misconception in the industry. Enterprises with existing products can also use MVPs, although their applications are somewhat different.