Contents
- Introduction
- What’s MVP Development?
- How on demand developers can help SMBs and startups in the development of an MVP
- Access to a skilled on demand developer or a team of developers
- Quick turnaround
- Reducing costs
- Scalability
- Assessing the future
- Shorter Commitment
- Technical consultation
- Focus on Other Business Operations
- Conclusion
Introduction
Ideas that alter the course of an industry often originate with startups and SMBs. One simple concept with widespread applicability might spark a whole new industry. In today’s highly competitive market, it’s crucial to introduce your product or service with an MVP. Before investing more time and money into a product’s development, it’s common practice to create a minimal viable product (MVP) to gauge interest in the market and receive initial feedback. Companies can evaluate the practicality and viability of their products with the help of this approach. Organizations reap the rewards of MVP development and revamp existing features based on customer feedback. Furthermore, they take criticism into account and improve the quality of their apps as a result.
No matter how fantastic your idea is, the solution’s implementation is just as important. Features that aren’t well implemented or look sloppy will likely turn off potential customers; therefore, the entire MVP development process should be carefully executed and double-checked. Furthermore, due to a lack of proper research, skilled employees, and the wrong choice of tech stack, startups, and SMBs often develop inadequate MVPs. This is where on demand developers come in, as they offer world-class talent in any domain, be it Web development, mobile app development, designing, and more.
In the blog, we look into what MVP is and how on demand developers can help SMBs and startups in the development of MVP.
What’s MVP Development?
MVP development refers to the creation of a product with only the most essential features that solves important problems for a certain group of people. This paves the way for a business to successfully launch the product into the market. The Minimal Viable Product development strategy is the backbone of many successful startups and SMBs. An organization can better understand its customers’ needs, reduce costs, and provide better service by using the Minimum Viable Product (MVP) approach.
It is tough to say in advance if the time and money spent on a new service or product idea will be worthwhile. With the MVP methodology, a business avoids spending valuable resources on complex features. Instead, it develops a fundamental system. A Minimal Viable Product is one that can be used to validate an initial product idea and attract early-adopter customers. Hence, minimum viable products (MVPs) are developed to give users the most crucial functions. It’s not until the product is ready for public consumption that features like an improved user experience and sophisticated app functions are implemented.
How on demand developers can help SMBs and startups in the development of an MVP
Access to a skilled on demand developer or a team of developers
When you outsource your MVP development to an on-demand developer, you can choose from a larger group of qualified developers that may have more relevant experience and expertise. Several businesses make the fatal error of undervaluing MVP development. Since the minimum viable product is a stripped-down version of the full program, it is often assumed that only basic development skills are needed to create it. Yet the reality is completely different. Like any other app or program, an MVP must be built from the ground up. That means you’ll need just as much if not more, experience than you would for a complete development. That’s because building a functional product in a short amount of time is an additional difficulty presented by MVPs. As a result, it’s crucial to employ the most capable developers for your minimum viable product.
This isn’t always easy to do, especially for more complex projects. The same applies to mission-critical industries like healthcare and financial technology, where specialized developers or subject matter experts are needed. In this situation, employing an on-demand developer is the best option. When you hire Sparity, we’ll analyze which skill sets are necessary to build your minimum viable product. Then, we select the best candidate among the available experts who meet your requirements. In short, when you hire an on-demand developer, you have much more freedom to choose the finest team member to work with to create a truly remarkable minimum viable product (MVP).
Quick turnaround
The most important aspect of developing an MVP is that it must be done as quickly as possible because startups and SMBs have limited timelines, and the typical MVP development timeline must be around 3–4 months. This is only possible if you have a development team already in place. If not, you’ll have to take into account for recruitment time, which could take a while. Identifying and recruiting qualified candidates is only half of the employment process. The other side of the equation is onboarding the appropriate individual to the project, which perhaps takes the longest on average.
In contrast, hiring an on demand developer can be completed in as little as two weeks depending on your dedication and effort. You can locate it even more quickly if you work with reliable organizations. For instance, Sparity has access to a large pool of developers ready to work on your app project immediately, reducing the time spent on hiring and training new employees.
Last but not least, hiring a professional on demand developer or a development team to work on your app or solution can greatly accelerate its development time. That’s because competent developers know how to simplify difficult situations by applying their knowledge and experience. This can greatly accelerate the development process.
Reducing costs
One of the most underappreciated advantages of employing on demand developers for MVP development is the significant cost savings you’ll get. Finding qualified full-time developers can be challenging and, more importantly, very expensive. It also requires a substantial amount of time. Employing an on-demand developer to develop an MVP can save time and money for a startup and SMBs, which is crucial given the company’s limited resources and the urgency with which it must bring a product to market. You can use the money you save to conduct market research and create user personas in order to create a nearly perfect minimum viable product (MVP). In conclusion, employing an on demand developer can help you save money on development because it allows you to negotiate your own terms for payment and pricing.
Scalability
The creation of your minimum viable product (MVP) can be scaled very rapidly by employing an on-demand developer. Working with an on-demand developer service provider firm can help you create a product that is “scalable,” or capable of meeting rising demand as your company expands. With this kind of scalability, you won’t have to completely re-create your product as your company expands, saving you both time and money.
Assessing the future
It’s common for startups to go through multiple iterations of their company’s mission and product goals. A seasoned on-demand developer can provide you with a glimpse into the future of your product’s functionality and forewarn you of any potential issues. Furthermore, they’ll even offer advice and assist you in making strategic course corrections when necessary.
Shorter Commitment
The option to bring an expert onto your team temporarily without making a long-term commitment is an often-overlooked advantage of hiring an on-demand developer for the creation of your MVP. Just consider how much money you will save by not having to pay a full-time employee’s salary or any of the other associated costs.
You won’t have to think about laying off a team member if you ever need to reduce your workforce, and you won’t have to fret over losing them if the project’s focus shifts or changes. By employing an on demand developer, you may save money by just hiring professional developers when you need them.
Technical consultation
The development of a minimum viable product (MVP) requires a substantial amount of time spent researching the market, listening to clients, and figuring out how to alleviate their pain. Because of this, a Minimum Viable Product must be a fully functional prototype that directly responds to the needs of potential buyers. Customers’ needs can now be met either by improving upon preexisting technical solutions or by conceptualizing and developing brand-new ones. Consultation with experts is necessary for both possibilities. Startups and SMBs can hire on demand developers that specialize in MVPs and have years of expertise, sound technical understanding and skills, and customer-facing perspective to create the best possible minimum viable product (MVP).
Focus on Other Business Operations
There is much more to a startup than hiring and managing staff. Pitching investors, reviewing data, combining funds, and performing performance analysis. This strain can be reduced by outsourcing MVP development to a team of on demand developers. Where an on-demand developer can handle MVP development and the MVP roadmap, you can focus your time and resources on other crucial business operations. After all, a startup has a thousand other responsibilities besides MVP development!
Conclusion
Launching a minimal viable product is the most socially acceptable way for entrepreneurs to enter the startup business. Minimal viable products (MVPs) allow startups to save on development costs while still enhancing their products. There are numerous advantages to startups and SMBs employing on demand developers for MVP development. It can be a cost-effective and time-efficient solution providing access to specialized talent and flexibility throughout development. Furthermore, an on-demand developer can also help decrease the risks connected with introducing a new product, assure the quality of your MVP, and provide continuing support. In the end, choosing an on-demand developer to develop your MVP could prove to be a wise business move. It can help you get your product to market rapidly and effectively while maintaining its high quality and allowing for expansion.
