A-Z Popular Blog Top Search »
Innovation
 Advertisements
Innovation
Innovation Metrics
top   »  productivity   »  innovation   »  prototypes   »  minimum viable product

What is a Minimum Viable Product?

 , updated on January 15, 2023
A minimum viable product is a product or service that has just enough features to put in front of a customer. The term is used for prototypes for market research and beta versions of products. It is associated with methods of iterative design for innovation.
Overview: Minimum Viable Product
TypePrototype
DefinitionThe minimum features that allow a product to be used by customers.
ValueA starting point for rapid cycles of improvement in a real world environment.
Related ConceptsPrototypes
Fail Often
Agile Methodologies

Innovation

This is the complete list of articles we have written about innovation.
Business Models
Concept Testing
Cost Innovation
Design Thinking
Discontinuous Change
Experiments
First Principles
Innovation Risk
Inventive Step
Latent Demand
Market Fit
Proof Of Concept
Speculative Design
Systems Thinking
Throwaway Prototype
Trough Of Sorrow
Value Creation
More ...
If you enjoyed this page, please consider bookmarking Simplicable.
 
Cite »

Innovation Principles

A list of common innovation principles.

Fail Often

An overview of fail often innovation.

Innovation Metrics

How to measure innovation including early stage, late stage and overall program metrics.

Pilots

The basic types of pilot used in business, science and entertainment.

Lead User

A definition of lead user with examples.

Moment Of Truth

A definition of moment of truth with a few examples.

User Innovation

A definition of user innovation with examples.

Proof Of Concept

The common types of proof of concept.

Commercialisation

The common types of commercialisation.

Innovation Objectives

The common types of innovation objectives with examples.

Top

Simplicable is a modern encyclopedia that has been updated daily since 2010.

Business Theory

A list of interesting business theories.

Knowledge Work

A definition of knowledge work with examples.

Office Politics

A list of social processes, absurdities and strategies related to office politics.

Product Development

A guide to product development.

Types Of Knowledge

The differences between types of knowledge.

Trough Of Sorrow

An overview of the trough of sorrow.

Business Models

A list of common business models.

Marketing

A list of key marketing strategies.

Competitive Advantage

A few sources of competitive advantage for businesses.

Trending

The most popular articles on Simplicable in the past day.

New Articles

Recent posts or updates on Simplicable.
Site Map
Design Thinking
Efficiency
Information Technology
Infrastructure
Innovation
Know-how
Knowledge
Leadership
Management
Metrics
Motivation
Organizational Culture
Performance Management
Personal Development
Problem Solving
Productivity
Quality
Risk Management
Strategy
Team Culture
Thinking
Time Management
Work
More ...
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.

View credits & copyrights or citation information for this page.

Home About     Privacy Policy     Cookies Terms of Use     Contact Us Search


Cookies help us deliver our services. You have choices regarding these cookies. Please visit our privacy policy, cookie policy and consent tool to learn more.


Copyright 2002-2023 Simplicable. All rights reserved. This material may not be published, broadcast, rewritten, redistributed or translated. Report violations here.