Definition
Minimum Viable Product (MVP) is a term used to describe a software product that has only the most crucial features without any bells and whistles.
Use Cases and Examples
MVPs can play an important role in a products rollout plan. Some software teams sometimes release MVPs to gauge customer interests and to gather feedback before going all-in on the development of a product.
Summary
In short, MVPs help software teams invest minimum resources into a product to buy themselves time or to learn from its launch.
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