An MVP is not just a product,
it is the beginning of evolution.

Design. Build. Test. Deliver – The journey of technological
breakthroughs begins with a minimum viable product.

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An MVP is
where you begin.

 

An MVP, or Minimum Viable Product, is the key to developing your startup idea into a product or service that the market will understand. Depending on where you are in your transformation cycle, MVP development can mean different things. Still, the basic idea remains the same – designing, developing, and deploying a basic product that will work.

Why, you ask? It caps the risks intelligently. When you build only what is necessary, you reduce risks and increase your return on investment.

So, what exactly is ‘necessary’? It is the smallest possible working version of a product that you can release into the market as an experiment to test your hypotheses. Lean startups do this to decide how to proceed with the investment.

Features of an MVP

Built with minimal features and investment

Focuses on a viable solution

Used to measure deliverable outcomes

Deliver rapid business outcomes

Get high fidelity feedback before going into scaled production

Rapid MVP for Digital Innovation

As a product leader, you may fear miscalculating the demand for your new product. If you do not test your product before scaling, you can face significant financial losses and suffer irreparable damage to your brand reputation. Eteva helps you set up a standardized MVP process so that you can minimize risk and test product viability and adaptability before launching.

In the age of cutting-edge digital transformation, speed is everything. One blink, and you can miss out on a golden window of opportunity.

As the rapid pace of digital transformation continues to strain companies, Eteva Consulting helps you keep up with market demands by setting up and honing your MVP development process. With exclusive insights into high-risk assumptions that come from years of MVP-building experience, you bring your startup idea into the market with a robust product strategy and minimal risk.

How does Eteva help you reduce your time-to-market?

Want to know how you can tap into the MVP potential? It’s simple.

Why You Should
Consider an MVP

To Identify Core Functionalities

Developing an MVP helps businesses identify features that truly matter. Determining your purpose and core functionality can help you save time and resources. Focusing on the core problem you aim to solve ensures that your resources are spent in the right direction.

Vision Clarity

Product leaders tend to add redundant functionalities to their product in the initial phase of the startup. While this may be an attempt to ‘play safe’, burdening your product with excessive functionalities before it has had a chance to perform in the market can lead to loss of focus very easily.

Connection Early on With Customers

Building a connection early on with the market will help you spread the word and engage users. The feedback you receive at this stage is precious and goes a long way in understanding, preparing, and fine-tuning your product for a larger customer base.

Customer Insights

All tech giants started out as MVPs. Your clients will be your most trusted advisers, giving you priceless insights into which features to keep and which to do away with.

Staying Clean and Relevant

A clean, simple and uncluttered UI makes it easy for your potential customer base to understand your product and get onboard.

Why You Should
Consider an MVP

To Identify Core Functionalities

Developing an MVP helps businesses identify features that truly matter. Determining your purpose and core functionality can help you save time and resources. Focusing on the core problem you aim to solve ensures that your resources are spent in the right direction.

Vision Clarity

Product leaders tend to add redundant functionalities to their product in the initial phase of the startup. While this may be an attempt to ‘play safe’, burdening your product with excessive functionalities before it has had a chance to perform in the market can lead to loss of focus very easily.

Connection Early on With Customers

Building a connection early on with the market will help you spread the word and engage users. The feedback you receive at this stage is precious and goes a long way in understanding, preparing, and fine-tuning your product for a larger customer base.

Customer Insights

All tech giants started out as MVPs. Your clients will be your most trusted advisers, giving you priceless insights into which features to keep and which to do away with.

Staying Clean and Relevant

A clean, simple and uncluttered UI makes it easy for your potential customer base to understand your product and get onboard.

How We Do It? – MVP Phases of Implementation

Ideation

It all begins here. With an idea. To solve a problem or to improve upon an existing feature. This phase involves identifying market needs, realizing your target audience, carrying out competitive analyses, and creating a lean canvas to roadmap your journey.

Validation

Once you have a basic understanding of the idea you want to build upon, you need to validate it before you invest resources in building it. This is done by attaining proof of concept, outlining a business plan, and prototyping your product using Eteva’s exclusive MVP Agile methodologies.

MVP Development

If all looks good so far, we head on to the MVP development phase, where we take on the lean approach to building your minimum viable product. The focus in this phase is on prioritizing necessary features, choosing the right technology stack according to your business needs, and building a conversational relationship with all your stakeholders.

Ideation

It all begins here. With an idea. To solve a problem or to improve upon an existing feature. This phase involves identifying market needs, realising your target audience, carrying out competitive analyses, and creating a lean canvas to roadmap your journey.

Validation

Once you have a basic understanding of the idea you want to build upon, you need to validate it before you invest resources in building it. This is done by attaining proof of concept, outlining a business plan, and prototyping your product using Eteva’s exclusive MVP Agile methodologies.

MVP Development

If all looks good so far, we head on to the MVP development phase, where we take on the lean approach to building your minimum viable product. The focus in this phase is on prioritizing necessary features, choosing the right technology stack according to your business needs, and building a conversational relationship with all your stakeholders.

Why Eteva Consulting

Seasoned MVP
research team

Align your business
goals with your MVP

Learn how to tap into an MVP’s
incremental business value

Exclusive insight into
high-risk assumptions

Rapid roll-outs and
updates

Minimal risk

Our Clients

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