{"id":711,"date":"2021-02-23T11:54:37","date_gmt":"2021-02-23T11:54:37","guid":{"rendered":"http:\/\/www.fatbit.com\/glossary\/?p=711"},"modified":"2025-11-18T09:12:42","modified_gmt":"2025-11-18T09:12:42","slug":"what-is-mvp-minimum-viable-product","status":"publish","type":"post","link":"https:\/\/www.fatbit.com\/glossary\/what-is-mvp-minimum-viable-product\/","title":{"rendered":"MVP (Minimum Viable Product)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"> What is MVP (Minimum Viable Product)? <\/h2>\n\n\n\n<p> Coined by Frank Robinson in 2001, Minimum Viable Product (MVP) is a base product with the minimum number of features required to test market viability. It assists startups and established businesses in validating market demand and identifying product limitations.\u00a0<br><\/p>\n\n\n\n<p>After gathering consumer data with an MVP, a business can decide whether to put the product in full-fledged development or switch to another business idea.\u00a0<br><\/p>\n\n\n\n<p>In the IT industry, <a href=\"https:\/\/www.fatbit.com\/minimum-viable-product.html\">MVP software development<\/a> is done to test the market viability of digital products. It also assists in attracting investors, securing funding, and resolving major drawbacks from the product.<br><\/p>\n\n\n\n<p>Once the product is found market viable, it can be released into the market and completed via iterative or agile development methods. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minimum Viable Product (MVP) is a base product with the minimum number of features required to test market viability. It assists startups and established businesses in validation marketing demand and identifying product limitations.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MVP (Minimum Viable Product) - FATbit<\/title>\n<meta name=\"description\" content=\"Minimum Viable Product (MVP) is a base product with the minimum number of features required to test market viability.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fatbit.com\/glossary\/what-is-mvp-minimum-viable-product\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MVP (Minimum Viable Product) - 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