viable product is very interesting to examine several hypotheses before
introducing a product to the market. It may be a different story when a startup
introduces a minimal viable product on the market.
a minimal viable product on the market can be risky. For example, the product
may be limited, customer satisfaction is low, the brand has directly a poor
image, poor financial results (debtors) etc.
usually does not have the capacity, competences and financial resources to
accelerate rapidly from a minimal viable product to a reliable product with
more features and capabilities that can be made available to multiple customers.
If the MVP really is "minimal" then the priority is most often on “damage
control” and in a worst case scenario the startup may collapse.
Innofication, did sufficient research for our product/solution, but the final
product introduced to the market was far beyond a minimal viable product to
you handle a MVP for the market introductions?
We are very
curious about your opinion!