“We must learn what customers really want, not what they say they want or what we think they should want.”

– Eric Ries.

 

Over 267 billion apps were downloaded in 2023. That looks like good news for mobile app developers who make apps.

However, there is a high rate of failure as well. After just one use, about 80% of them are left behind.

So, what’s the verdict?

Creating the next excellent mobile app is becoming more challenging. As a result, mobile app developers are racing to get their products to market, which is resulting in shorter development timelines.

This is why having an MVP is vital to making it in this industry. Although there isn’t a strict procedure to follow during MVP app development, the process may appear to be open-ended. So, with the help of this blog, you can create your very own MVP!!

 

Quick Summary: Creating apps isn’t easy. They are also not inexpensive to build and keep up. So, before you start making a new mobile app for your client, you might want to try releasing an MVP first. A minimum viable product is a safe and low-cost way to market-test your idea. That sounds great, right? Let’s look at what MVP is!

What Is MVP In App Development?

An MVP is an idea for a product that has only the most essential features to draw first-time customers. After that, you can improve your MVP app development services by continuously adding new features to the app.

To improve the functionality, the MVP in mobile app development team does best to consider customer feedback. Instead of focusing on one business plan, entrepreneurs should look for places where they can make money.

 

Why is MVP Necessary For Your Mobile App?

Now that we’ve defined an MVP and what it does, the next question—is why businesses should develop it. MVP app development has a lot of benefits, as shown below by a custom web app development company.

 

1. Validating Your Business Idea

Possibly, your app idea is fantastic and intriguing. However, to effectively enter the market and bring value to your startup, your app should be practical. Also, the end result must address existing wants and be near-perfect.

MVP app development ensures that your solution has been tried and tested to make sure it meets the original goals and delivers what was expected.

2. Financial Backing from Investors

It takes some effort to convince investors and other partners that your venture is worthwhile. They can reduce the risks while making a smart choice to back your project if you give them a feasible strategy and an achievable MVP solution. That is why it must be great to think about MVP app development.

3. Timely Users Feedback

One of the best things about MVP app development is that it lets you find out about your intended audience right when you require it the most: in the beginning. It might not be the best idea to start getting feedback from users once the full product is out there.

The earlier, the better. If you get the opportunity to modify and improve the app’s layout and functionality, you should be ready to satisfy all of your client’s needs with a strong end result. That is exactly the goal of an MVP app.

4. App Development Cost Optimization

Clearly, it is far more cost-effective to create a mobile app with a reduced set of features rather than provide a complete mvp app development services. An MVP application development will probably be feasible to those who want to put an app on the market.

However, it does help optimize additional costs by revealing what needs adjusting in terms of features, functionality, and design. All of which certainly affect the cost of MVP app development.

 

Pramod Jangid(Project Manager): At Dev Technosys, I’ve been working with many startups and have become extremely proficient at making an MVP for our clients. Since I know so much, I’m happy to share the process of MVP app development we follow.  

 

7 Stages of MVP App Development

So, “how to build an MVP?” The MVP development procedure adheres to Agile software development methodology. Agile is a system for making software that uses a step-by-step method to make apps. So, thinking about these steps will help you figure out what features your app needs and how important they are, so you can release your MVP with confidence.

 

 

1. Validate Your App Idea

The first step in making an MVP app is to figure out what the problem is. Now that you understand the issue, you can devise a remedy. Although it may sound logical, things are far from simple. There are many ways to find the problem:

 

• You’re a Domain Expert: Let’s say you’re an expert in the real estate market and have a job. You also know that some landlords have trouble selling their homes quickly because the pictures they use aren’t good enough. You might be able to resolve that issue with real estate app development.

 

• You are unsatisfied with existing solutions: Making progress is impossible when we’re unhappy with existing situations. This shows the power of being unhappy, critical, and having a healthy doubt about things. So, think about and question the things around you because an area could be close by.

 

• You were informed of a problem: Finding proof of these words makes this one difficult. Besides, the person who tells you this might know a lot about the subject. Sometimes it’s a person who is having a hard time. It doesn’t matter who you ask; what matters is that the problem is genuine, significant, and that people are actively seeking enterprise mobility solutions.

A key takeaway is its significance of validating the concept without really developing MVP. It keeps resources from going to waste and makes sure that your MVP fills a need.

 

2. Conduct Market Research

The next step, after identifying the underlying problem, is to do a market analysis. “The absence of market need” was ranked as the main cause of startup decline. In other words, if a product doesn’t address a user’s pain point, they will not purchase it.

Startups need to conduct research for a robust MVP app development. So, what’s the next step?

• Identify your competitors
• Know your potential audience
• Determining the market size

The second factor startups fail is lack of money. If you want to launch your agile development MVP, you need to be sure that customers are willing to pay for it.

 

3. Prototype Potential Solution

You may wonder – why it’s necessary to have an MVP app along with a prototype. An MVP is a basic version of the app that does the things that were planned. A prototype is a first attempt to picture on demand app development solutions that work.

Expert Advice: Remember the basic rules of design while you’re making your app: set an order, make good use of white space, keep the visuals together, and set a brand tone.

 

As you work on an MVP, it’s important to build a minimum viable product to know the UI/UX. It is also vital to put the minimum viable feature and design into context and gather early feedback for possible adjustments. Prototypes that fit the bill well include:

• Wireframes
• Sketches
• Paper prototypes

Everything shows exactly how the product will be made.

4. Create Features’ List

So now that you have a clear problem, a lot of study, and criticism regarding your prototype, you can start putting all of your MVP’s features in order of priority. And by “prioritizing,” we mean exactly that: in order to avoid feature creep, you must only include vital features to an MVP. This is what happens when an app gets a lot of features, which make it hard to understand.

Setting MVP features as priorities could lead to problems. When it comes to develop modern enterprise chatbot MVP features, story mapping is the favorite structure for setting priorities.

How is it implemented in MVP app development? A user’s trip runs along the horizontal axis, whereas priority runs vertically. After that, you add things to the map. Thus, you’ll have different features arranged based on how they’re used and how important they are.

You can use story planning to plan out an MVP and keep track of a list of features that keeps growing. It’s clear that features that are essential should get greater focus than others.

 

Businesses around the world no longer plan for the long term; instead, they take a more adaptable and open approach to starting new projects. This is true for both new features and goods that are already out there. An MVP helps established startups stay ahead of the competition as they try out new ideas that will work. This is true whether the concept is for a brand-new product or a new feature for a current one.

-Navneet Singh Rajput (project manager)

5. Develop Your MVP

Once everyone agrees on a list of features, you may proceed on to the next crucial step, which is an MVP app development. Now is the time to strike a balance between being too wordy and amateurish and making your MVP stand out.

During development, the enterprise mobility services provider ensures that your MVP is bug-free and of perfect quality. This refined initial release lets users fully understand what your product is all about, setting a solid foundation for its further growth and improvement.

Now you must also keep in mind that MVPs come in different forms. So what you want to build a minimum viable product and time depend a lot on the type of MVP you choose.

6. Get User Feedback And Work With It

To avoid the problem of “feature creep,” it is also important to get feedback from users while the MVP app is still being built. You can use old methods, like user interviews and surveys, to find out what features your target group wants.

You can add more creative choices if traditional ones don’t work, like feedback app tools that collect feedback from different sources.

The most important thing here is that you should start getting comments from users as soon as possible. Based on what the customers say, you build one last list of the key features(AI) with the help of an AI app development company. It must be integrated into your MVP and a plan for how to get them there.

 

7. Iterate Constantly

Once you have an MVP, you should keep making changes based on how users respond. The only way to learn to create something that users want and need is to keep asking them for feedback and seeing what happens when you make adjustments.

The idea is to make an MVP app with only the simple features. It helps if the product and market fit well and get useful results. Keep in mind that the research phase will continue when the MVP app development starts. It needs to go together.

 

Mistakes To Avoid During MVP App Development

Although MVP is a fairly broad and unclear concept, it’s this lack of clarity that leads many companies astray and leads them to create MVPs that don’t work. The right mobile app development company will help you figure out how to fix these kinds of mistakes. There is a list of mistakes that MVP apps make along with the solutions to fix them below.

 

 

1. Failure to Pivot or Iterate

If you have difficulty gaining insight from user feedback and making changes based on what they say. Your app might stop moving forward and you might even miss a chance to make it better. If you can’t use the feedback from early fans of your app to improve it, it could fail.

 

What You Should Do:  

Identifying the insightful user feedback for your MVP app is one of the most effective ways to address the most frequent errors that occur with it. Pay attention to customer feedback and use it to identify ways to make your app unique. Here is where you should sort the responses of early users of the app. Figuring out what feedback your app’s users are giving you can help you make it better and get more of your target users.

 

2. Lack of Market Research

MVP development may be impacted by inadequate market research. You can’t reach your target group if you don’t know enough about the market. For example, if you want to have a fintech mobile app development solution, look for users who have expertise about fintech.

One important part of market research is figuring out what people want, and if you don’t do it, your MVP app could fail. This is one of the most common mistakes startups make during MVP app development. Then how should it be done?

 

What You Should Do:  

Firstly, you should look into the app’s enterprise. For example, you can find out what traits and types of behavior users look for in an app and get them to download it. You should also be aware of the targeting and differentiation methods your rivals use to keep users. If this isn’t enough for you, you can look at the latest market news in the area and use what you learn to make things better.

 

3. Mixing it With Prototyping

Many people who have minimal viable product software development think that MVP and testing are the same thing. A lot of individuals do during MVP app development. You could mess up your app by implementing new features that don’t work with the ones you already have. So, what’s a significant solution that could be?

 

What You Should Do:  

You must ensure that the developers make an MVP using the right steps. Finding the idea and the technology, choosing a good sample, and then making the MVP of your app should be the right order of things to do.

During this step, you should hire mobile app developers to help you build the MVP based on how well the platforms work together. In this case, you should choose a MVP app development company that knows the difference between making a prototype and making an MVP.

 

4. Overbuilding MVP

Too much time and money is wasted on MVP app development, which is a common mistake. Always remember that MVP doesn’t mean “finished product.” This is where the challenge starts when you make the mistake of adding features that aren’t needed to the MVP version of an app.

 

What You Should Do:  

You should make the app as simple as possible while still adding features that are necessary for it to work. Now you must determine the most important parts of your MVP app are. You can also set a time limit for releasing the MVP app based on the people you want to reach. By avoiding the problems that come with making an MVP too big, you can keep things simple and get feedback from users to move on to the next version.

 

5. MVP App Security Avoidance

You might start your MVP app too quickly if you work on it quickly. One mistake that could sink the MVP app is not paying sufficient precautions to security. This mistake could cost you a lot because it could hurt your app’s image and make it stand out from the rest. Because of this mistake, the data of your app’s users could be at risk, and online threats are more likely to happen.

 

What You Should Do:  

To avoid making these kinds of MVP app development mistakes, it’s most important to put the safety of the users’ data first. Not only should the MVP of your app work, but it should also be easy to use and effective.

To fix this problem, you need to avail mobile application development services who know a lot about how to keep apps safe. Here, you can access strong technology that may assist you create your app secure. This approach can help users trust the app more.

 

How Much Does It Cost To Develop An MVP?  

First things first: the average cost of MVP app development is between $8,000-$15,000. Of course, it all depends on the exact app and vary depending on the below crucial factors:

• Product design/development scope
• Technology stack you use
• Developer hourly rates
• The use of third-party services
• App features and functionality you add

That’s why it is easier to discuss the cost of particular features or startup MVP development steps than to give broad figures. However, you must know that the cost to develop a mobile app Is between $10000-$25000.

Now, let’s have a look at the table showcasing the MVP app development cost:

 

MVP Development Stage	Approximate Cost
Market Research	$2000-$3000
Prototyping	$2000-$4000
MVP Development	$4000-$8000

 

This is just the rough estimate of MVP app development. You can consult with an iOS or  Android app development services provider about the total cost and time required.

 

Get Started With MVP Of Your Mobile App!

It is obvious that creating an MVP app is not an easy task. Some of the problems you’ll have to deal with are a very short deadline, few features, and a lot of market research. We hope that this detailed guide has been useful in explaining the MVP app development process, time and cost.

After learning about MVPs, you’ll find the MVP development process an easy approach to test your ideas in the market. If you are seeking an Android or iPhone app development company that builds trustworthy mobile apps, Dev Technosys is the place to go! So, what are you waiting for? Share your requirements with us and this could be the start of a new journey.

 

Frequently Asked Questions!!

 

1. How Long Will It Take To Build An MVP App?

It takes about 4-8 weeks to build an MVP. Of course, it all rests on the features, the difficulty of the design, and the developers team.

2. How Much Does It Cost To Build An MVP?

The cost to create an MVP app can be between $8000-$15000. It totally depends on the crucial factors like product design, developer’s rate etc.

3. Why Should You Hire Us For MVP App Development?

Our skilled MVP development team will help you get your app out there quickly and test your idea. The enterprise’s app development process cuts costs, delivers results, and gets you valuable user feedback.

4. What Does A Good MVP Do?

An excellent MVP is only made when you’re sure that your product will address any issue. When you reach that point, you know you’ve made a great product that helps people solve their problems better.

5. What Are the Types of MVP?   

MVPs come in two types: high-fidelity and low-fidelity. For high-fidelity, you need to make a full prototype. For low-fidelity, you just need to see if your product can solve problems for people.