Your product needs a purpose and structure. Hence, based on the requirements of your users and the market trends find the purpose of your software. In the second place, form the structure of your product by using the details to create an MVP model.
Minimum Viable Product or MVP refers to a software architecture consisting of the basic yet most necessary features based on market and user requirements. Developing an MVP model accelerates the development procedure, saving major costs in the long run! Here is a list of the information that you need to collect to create an MVP model for your product.
Find out about your competitors, their products, and services
Create a list of the advantages and drawbacks of their products & services
Look deeper into your target user along with their requirements and expectations
Design features that can remove those drawbacks to keep you ahead in the game
Chalk out a financial plan based on the above point
Define the USP or Unique Selling Proposition of your product
Examine your infrastructure, human resource, & development, investment needs
Our react development agency ensures to take a full look at your user and market scenario to develop an MVP model for you! Moreover, we provide development suggestions that can prove fruitful for your business goals!