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 142

Product Minimum Viable Product Price Launch 142

ConversionXL

FEBRUARY 3, 2022

Everything they do is scrutinized by its potential impact on scalable growth… An effective growth hacker also needs to be disciplined to follow a growth hacking process of prioritizing ideas (their own and others in the company), testing the ideas, and being analytical enough to know which tested growth drivers to keep and which ones to cut.

Growth 113

Growth Referrals Minimum Viable Product Drivers/motivators 113

Hubspot

SEPTEMBER 19, 2018

Who would become promoters of it? In the long run, it’s better to focus on developing a minimum viable product , launching, and optimizing based on feedback, rather than trying to get it right the first time with an untested idea of a “perfect” product. To start, think about your target customer.

Minimum Viable Product 77

Minimum Viable Product Legal Finance Government 77

ConversionXL

SEPTEMBER 7, 2017

But you can take this idea a bit broader with the idea of minimum viable tests. I’m stealing the concept, of course, from the Minimum Viable Product ethos: Image Source. That’s a big benefit of experimentation, of course: the mitigation of risk and the encouragement of innovation.

A/B testing 92

A/B testing Minimum Viable Product Growth Education 92

Salesforce

NOVEMBER 17, 2023

To win your share of the market, it’s important to stay on top of the latest ecommerce trends and know what motivates customers to make purchases. Promotions are highly visible. Consider a minimum viable product approach. More than half (57%) of all customers prefer to engage through digital channels.

B2C 59

B2C Minimum Viable Product Cross-sell Retail 59