MVP
Minimum Viable Product (MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development.
234 topics found for
“product refinement”
Product Sense
The ability to intuitively understand what makes a product successful, including market needs, user experience, and competitive landscape.
Test Marketing
A marketing strategy that involves releasing a product to a limited audience to evaluate its market performance before a full-scale launch.
Beta Testing
A testing phase where a product is released to a limited audience outside the development team to identify issues and gather feedback before the final release.
Product-Market Fit
The degree to which a product satisfies strong market demand, often considered a key indicator of a product's potential for success.
Product Mix Strategy
The approach a company takes to manage and market its portfolio of products, ensuring each product supports the overall business strategy.
Product Engagement Score
A metric that measures how engaged users are with a product, often based on usage frequency, feature adoption, and user feedback.
NPD
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
Customer Validation
The process of testing product ideas and assumptions with real customers to ensure they meet market needs.