Turning ideas into opportunities. Step by step.
__ If an idea seems to be good, it does not automatically mean that it will meet people's expectations. Usually, ideas occur to us when we are facing a problem or a pressing need and we think we can change or improve people's life.
__ That is what motivates the most brilliant visionaries and successful businesses. To understand and determine whether your idea is also attractive for your current and potential customers or investors, what you can do is create an MVP.
Minimum Viable Product (MVP): designing and testing the evolution of a product
An MVP (Minimum Viable Product) is an initial incomplete basic version of the finished product which has sufficient features to be submitted to users for the purpose of evaluating its potential and ultimately determining whether it can be helpful or not. If the prototype helps you figure out the functionality of a product, the Minimum Viable Product is what can help you determine its desirability.
Investing in the development of an MVP also enables you to compare its competitiveness with products that have already been launched on the market.
Carefully transforming ideas
Vivento Lab can assist you throughout the entire process of ideation and development of your MVP. Together, we work to comprehend the essence of your idea, its practical and emotional relevance (what it achieves, what problem it solves) and to design and build an MVP with sufficient core features to be launched and tested.
We observe, analyze and listen to your need's
We first want to get an overview of your business, the focus of your activity and your target market.
The first thing is to understand. Get to know your reality, your business and your market. We go deep to understand the challenge and together we set goals.
Together with you, we understand and analyze the idea, define goals, evaluate opportunities and decide which approach we should adopt. We help you decide which features are necessary for the development of your MVP.
Once the idea is defined and before the development phase of the MVP starts, we do a customer analysis to determine their needs or wishes and to understand what we could improve.
We develop a version of the MVP which reflects the fundamental technical, functional and design features so that the digital product is ready to be tested.
Once we have developed your MVP, it is possible to test it to see how the market responds to it and plan future steps. In this phase, you can collect feedback and other pertinent data for the next steps.
Once the test phase and feedback analysis are over, we can work with you on the development of your digital product, which will then be officially launched on the market.
And if you want to give shape to your project idea, we can organize a 4-day Design Sprint session.
Why is it worth it to invest in an MVP?
Before developing it, it is useful to understand whether an idea is the right one. Start small and proceed step by step.
Testing allows you to get important and decisive feedback for the next steps. This customer input forms the basement for the next steps.
Instead of immediately starting to develop your digital product and investing a lot of money at a relatively early stage, with an MVP you can significantly reduce costs and minimize risks.
During the testing phase, you learn what people really want and can get valuable information for your business.
How much does it cost to develop an MVP?
Cost estimates for the development of an MVP strongly depends on aspects such as product type, market, used platforms and technical complexity.
The best way to get a cost estimate is to contact us and tell us more about your project!
You can include some details to let us know more about your idea. We will get back to you within 24 hours.
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