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|'''What is a minimal viable product?'''
 
|'''What is a minimal viable product?'''
A minimum viable product (MVP) is a development technique in which a new product or website is developed with sufficient features to satisfy early adopters. The final, complete set of features is only designed and developed after considering feedback from the product's initial users. It is the the most pared down version of a product that can still be released. An MVP has three key characteristics:
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In product development, the minimum viable product (MVP) is a technique where a new product, web app or website is developed with just enough features to create value to real users and to satisfy early adopters. It is the the most pared down version of a product that can still be released. It provides a way to gather usage patterns and to get direct feedback from real users, helping us make informed decisions about further product development. The final, complete set of features is only designed and developed after considering feedback from the product's initial users.
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An MVP has three key characteristics:
 
* It has enough value that people are willing to use it or buy it initially.
 
* 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 demonstrates enough future benefit to retain early adopters.