mvp - minimum viable product

19
#mvp #LeanBangalore @goodals

Upload: sridhar-ranganathan

Post on 30-Oct-2014

1.214 views

Category:

Business


1 download

DESCRIPTION

Made this presentation to an awesome Lean Startup Machine group at Bangalore on 19th April 2013.

TRANSCRIPT

Page 1: MVP - Minimum Viable Product

#mvp

#LeanBangalore@goodals

Page 2: MVP - Minimum Viable Product

Minimum Viable Product

What your customers perceive as a product and are willing to pay for

Page 3: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few

Page 4: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few Education

Page 5: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few EducationProcess

Page 6: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few EducationProcess

Procedure

Page 7: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few EducationProcess

Procedure

Solution

Page 8: MVP - Minimum Viable Product

Problems and People

Complexity of the ProblemLow High

Peopleaffected

Many

Few EducationProcess

Procedure

Solution

Product

Page 9: MVP - Minimum Viable Product

Investments

Complexity of the ProblemLow High

Peopleaffected

Many

Few EducationProcess

Procedure

Solution

Product

Page 10: MVP - Minimum Viable Product

Through The Looking Glass

EducationProcess

Procedure

Solution

Product

The customer sees the Product or Service in every stage

Page 11: MVP - Minimum Viable Product

#mvp helps

• Validate your hypotheses with optimal time and effort

• Identify gaps between your offering and your business goal

• Identify drivers for GEM: Growth, Engagement, Monetization

Page 12: MVP - Minimum Viable Product

#mvp = website

True or False?

Page 13: MVP - Minimum Viable Product

#mvp is sum total of your #ux

That customers are willing to pay for

Page 14: MVP - Minimum Viable Product

#ux in a multi-device worldWeb App Email SMS Voice

Good ol’ PC

The Smart Phone

The Tablet

Page 15: MVP - Minimum Viable Product

Is data model important?

Understanding usage and behaviourValidating hypotheses with facts

Page 16: MVP - Minimum Viable Product

#mvp

• No compromise on the Data Model• No compromise on the User Experience• Few, specific features that function well• Customer can use with confidence, and is

willing to pay for it

Page 17: MVP - Minimum Viable Product

How do you trade off?

Time : Scope : Quality

Do you trade off?

Page 18: MVP - Minimum Viable Product

#mvp reality

• You usually have the resources and time to do only the top 10% of what you want to do

Page 19: MVP - Minimum Viable Product

#LeanBangalore

#thankyou