How to Define an MVP (Minimum Viable Product)
The MVP is your best ally to validate an idea quickly and cost-effectively. But how do you distinguish the essential from the superfluous? This guide walks you through step by step.
What exactly is an MVP?
An MVP is not a sloppy or incomplete product. It's the simplest version of your product that brings real value to your users. The goal: test your hypotheses with minimum investment.
The 3 pillars of MVP
- Minimum: The fewest features possible
- Viable: Functional enough to be used
- Product: A real solution, not a prototype
Why create an MVP?
Save time and money
- Reduce development costs by 60-80%
- Launch in 3-6 months instead of 12-18 months
- Avoid developing unnecessary features
Quickly validate your hypotheses
- Test your concept with real users
- Get concrete feedback
- Pivot if necessary before investing more
Step 1: Identify the core problem
Essential questions
- What is THE main problem you're solving?
- Who suffers most from this problem?
- What solution are they currently using?
The elevator pitch technique
Formulate your MVP in one sentence: "We help [target] to [solve problem] by [unique solution]"
Step 2: Define your unique value proposition
The Value Proposition Canvas method
- Jobs to be done: What are your users trying to accomplish?
- Pain points: What are their current frustrations?
- Gain creators: How does your MVP improve their situation?
Concrete examples
- Airbnb MVP: Simple site with photos and manual booking
- Dropbox MVP: Demo video before the product even existed
- Zappos MVP: Shoe photos without inventory
Step 3: Prioritize features
The MoSCoW method
- Must have: Essential for functioning
- Should have: Important but not critical
- Could have: Nice to have
- Won't have: For future versions
Impact/Effort Matrix
Classify each feature according to:
- User impact (1-10)
- Development effort (1-10)
- Priority = Impact / Effort
Step 4: Create your User Story Map
Map structure
- User activities: The main steps
- Tasks: Specific actions in each activity
- Stories: Details of each task
- Releases: Grouping into versions
Practical example: Delivery application
Activities: Order -> Pay -> Track -> Receive
MVP: Basic -> Simple -> Email -> Manual
V2: Photos -> Multi -> GPS -> Auto
Step 5: Choose the right type of MVP
Concierge MVP
Perform the service manually for your first customers. Perfect for validating need without development.
Wizard of Oz MVP
Automated interface, manual process behind the scenes. Ideal for testing user experience.
Landing Page MVP
Sign-up page to measure interest. Excellent for market validation.
Functional Prototype MVP
Simplified but usable version. For when you're sure of the concept.
Step 6: Define your success metrics
Essential metrics
- Adoption rate: How many sign up?
- Activation rate: How many actually use it?
- Retention rate: How many come back?
- NPS: Would they recommend the product?
SMART objectives
- Specific: "Increase sign-ups"
- Measurable: "By 100 per week"
- Achievable: "With our marketing budget"
- Realistic: "Based on current conversion rate"
- Time-bound: "Within 3 months"
Common mistakes to avoid
Mistake #1: Too many features
Symptom: List of 20+ "essential" features Solution: If you hesitate, it's not essential
Mistake #2: Perfecting too early
Symptom: Perfect design, optimized code Solution: Accept initial imperfection
Mistake #3: Ignoring user feedback
Symptom: "They don't understand the vision" Solution: Listen, learn, adapt
Case study: From idea to MVP
Context
Task management application for creative teams
Initial analysis
- Problem: Existing tools too complex
- Target: Small creative agencies (5-15 people)
- Solution: Simplified visual interface
Selected MVP
- Basic project creation
- Simple Kanban board
- Task assignment
- Email notifications
Results after 3 months
- 500 active users
- Retention rate: 65%
- Main feedback: Need calendar integration
Final checklist for your MVP
- [ ] Problem clearly identified
- [ ] Target precisely defined
- [ ] Value proposition is unique
- [ ] Maximum 3-5 core features
- [ ] Success metrics defined
- [ ] User test plan established
- [ ] Realistic budget and timeline
- [ ] Pivot strategy prepared
Conclusion
A good MVP is not a cheap version of your vision. It's the smartest path to make it real. Start small, learn fast, grow smart.
The secret? Have the courage to launch with less than you think necessary. Your users will guide you to what really matters.