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Some alternative strategies to the MVP (Minimum Viable Product) model include the Minimum Lovable Product (MLP), the Minimum Marketable Product (MMP), and the Simple, Lovable, Complete (SLC) model. The MLP focuses on creating a product that is not just functional, but also emotionally engaging for the users. The MMP, on the other hand, emphasizes on creating a product that is ready for the market with enough features to sell. The SLC model encourages the development of a product that is simple, lovable by users, and complete in terms of core functionality.
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This is useful for products who have two or more different customer types, such as a marketplace app like Airbnb where there are hosts and travelers who both need to be serviced. The layout takes into account the evolution of a product, from initial inception, to earliest testable product and its multiple iterations, to the MVP, and finally, to a more refined product loved by the crowd.
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How can you tell if a product idea will work out? This Minimum Viable Product presentation guides the initial triage of tasks to the development and e...
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Avoid negative ROI and tunnel vision with the design-thinking framework to create products that are equitable, enjoyable, usable, and most importantly, useful. In this collection, we’ll share the top design-thinking tools, from user empathy maps, to user journey maps, the rose, bud thorn framework, system usability scales, feedback grids, and many more.
How can you create the best product with the least cost of failure? Use our Minimum Viable Product presentation to dedicate the right resources and develop the most important features that users actually want, gather usability feedback, and continuously reiterate until your product is widely adopted and loved.
Neglect of product lifecycle management can lead to loss of opportunities and the product’s quick disappearance from the market. Use our Product Lifecycle Management deck to assign priorities, schedule future production expansion and marketing initiatives, pre-plan flattening sales curves and ensure the product’s ongoing success.
How do you stay innovative and provide the right values for customers? Effective product development allows companies to sustain, grow, and thrive in both old and new markets. Our Product Development framework is useful for aspirational product developers who want to learn the product development process and for seasoned product managers who want to improve workflows with additional tools.