Partners in Excellence

DECEMBER 31, 2024

One of the key strategies for very early stage companies, for new product developers, or lean practitioners, is the concept of the “Minimum Viable Product.” ” It’s a very customer centric approach in launching new products. It leads to recurring business and huge referrals.

Minimum Viable Product

ConversionXL

OCTOBER 7, 2021

Depending on its complexity, new product development can last for years, accruing research, prototyping, and production costs without bringing in revenue. For this reason, it could be a good idea to get a minimum viable product (MVP) as early as possible to show how your product will work to investors and customers.

Product

Sales Hacker

OCTOBER 14, 2021

But you can create personal accounts for every team member as well and make sure everyone is marked as a maker of the product. This will get them commenting rights, which is vital for engaging in conversation with the Product Hunt community. Write a short description of your product in 60 characters or less. Description.

Launch

ConversionXL

FEBRUARY 3, 2022

Where Airbnb recognized the value in another platform, Dropbox doubled down on the strength of its product as a distribution channel. The team created a referral program that allowed users to earn more storage for recommending Dropbox to their friends. Dropbox Basic account holders earned 500 MB of storage for each successful referral.

Growth

Salesforce

APRIL 7, 2022

Include referrers and social media signals in these markets. Poor translation can be a major hindrance to conversion on foreign sites. Brands may want to leverage a minimum viable product approach to fast-track a global ecommerce expansion. Dig into web tracking data to learn where people browse your site.

Minimum Viable Product