Success from the start – minimum viable products (MVPs) and minimum marketable products (MMPs) are key steps on the way to developing and launching a new product. With the MVP, you validate your basic assumptions and obtain valuable user feedback. The MMP takes your product to the next level as you make it market-ready with an attractive value proposition. Our UX experts support you in ensuring that your product strikes the right balance between functionality, value and commercial viability.
MVP and MMP with Ergon
The benefits of the MVP and MMP
-
Minimised risks, optimised investments
-
Shorter time-to-market with focused development and iterative feedback loops
-
User-centred development with continuous feedback
-
Products that meet actual market needs
-
Valuable insight into important functions and features to ensure market success
FAQ
MVPs and MMPs enable step-by-step product development with early feedback from the market and users. These FAQs look at validating assumptions, the move to market readiness, and how iterative decisions help reduce development risk.
What is a minimum viable product (MVP)?
A minimum viable product (MVP) is a first, deliberately reduced version of a product that includes only its most important features. It is used to test ideas early, gather user feedback and validate assumptions.
What is a minimal marketable product (MMP)?
A minimal marketable product (MMP) is a version of a product that already offers enough functionality and quality to deliver genuine value to customers and be launched successfully on the market.
When is a minimum viable product worthwhile?
A minimum viable product is worthwhile when product ideas need to be tested early and risk reduced. An MVP makes it possible to validate core features and gain initial insights from users.
How does an MVP help validate product ideas?
An MVP helps validate product ideas by implementing key features quickly and testing them with real user feedback. This reveals opportunities, problems and priorities at an early stage.
How does an MVP become a market-ready product?
An MVP becomes a market-ready product as feedback is evaluated, features are extended in a targeted way, and the user experience is improved step by step. This iterative approach supports a controlled development path towards an MMP.
We look forward to hearing from you
We are pleased that you are interested in our services. Do you have any questions or a specific project idea? Tell us about it – with no commitment on your part. Our experts will contact you as soon as possible.
Glossary
Developing digital products calls for a careful balance between speed, learning and market readiness. This glossary explains product strategy concepts used to test assumptions, incorporate feedback, and develop solutions in a targeted way.
Minimum viable products
Minimum viable products are early versions of a product with a deliberately reduced set of features. They are used to test key assumptions with as little effort as possible and gather user feedback.
Minimal marketable products
Minimal marketable products go beyond initial validation and offer enough value to enter the market. They focus on a clear value proposition and a level of quality that matters to the market.
Time to market
Time to market refers to the period from a product idea or its development through to its availability on the market. A short time to market can be important for getting feedback early and seizing market opportunities.
Value proposition
A value proposition describes the concrete benefit a product creates for its target group. It helps align features and priorities with the value users expect.
Feedback loops
Feedback loops are recurring cycles of feedback, evaluation and adjustment. They make it possible to keep aligning product decisions with insights from users and the market on an ongoing basis.