Viable Product
Content
Definition
A Viable Product is a product that has enough features to attract early-adopter customers and validate a product idea early in the product development cycle.
Usage and Context
A viable product has enough features to attract early adopters and confirm the product idea.
Frequently asked questions
- What is a viable product? A viable product has enough features to attract early adopters and validate the product idea in the market.
- Is a product with enough features to attract early adopter customers and validate a product idea early in the product development cycle? Yes, a product with enough features to attract early adopters and validate a product idea early in the development cycle is known as a Minimum Viable Product (MVP).
- What is a product with just enough features to be viable enough to satisfy early customers and provide feedback for future product development? A product with just enough features to satisfy early customers and provide feedback is called a Minimum Viable Product (MVP).
Benefits
A viable product has enough features to attract early adopters and validate the concept.
Conclusion
A viable product attracts early adopters and effectively validates the product concept.
