Minimum Viable Product

The minimum viable product (MVP) is a product that includes only the necessary features and options that allow the company to release to the market. It is a product with just enough features to satisfy early customers, and to provide feedback for future product development

A key premise behind the idea of MVP is that you produce an actual product that you can offer to customers and observe their actual behavior with the product or service. Seeing what people actually do with respect to a product is much more reliable than asking people what they would do.

Remember that product should be developed sufficient to learn about the business viability of the product.

Conclusion is: Minimum Viable product

• It has enough value that people are willing to use it or buy it initially.
• It demonstrates enough future benefit to retain early adopters.
• It provides a feedback loop to guide future development.