MVP Development Services
MVP SUCCESS STATISTICS
70%
of startups that focus on MVP development succeed remarkably.
$4.1
billion was secured by Indian startups in the first half of 2023.
25%
of the time to market can be reduced, as per a Harvard report.
Our team has conducted project discovery numerous times, for both our own startups and clients' products. We've established a reliable process that takes you closer to a crisp product plan and beyond with every step.
Single Feature MVP
It is a type of test carried out by researching to prove if there is a market for your idea or not. It tests 3 main factors: Desirability (if consumers are interested or not), Viability (if you should follow your plan or not), and Feasibility (if it is practically possible or not).
Pilot MVP Development
Pilot experiments are conducted in the rollout phase with small groups of people to gather their valuable feedback and input on your partially built product. It helps in justifying whether you should continue implementing the product and scale it or not.
MVP Web Development
We build a functioning website rapidly and prudently based on the hypothesis of what users would like and how they will interact with it through data analytics. It minimizes the risk of finishing the product and then realizing that it doesn't meet user expectations.
Clickable Prototype
Creating a prototype gives a tangible representation of your product and saves both your valuable time and investment, especially in cases where you are running tight on budgets. They are built so that they can be revamped iteratively as per user requirements.
Fully MVP Development
It requires addressing key aspects to ensure successful scaling. In this stage, we analyze feedback and set clear goals to guide development and optimize methodologies. Finally, we develop pricing strategies and impactful marketing plans to establish a strong market presence.
MVP Consulting
MVP Consulting is dedicated to improving the field by offering comprehensive training, oversight, and expert consultation. We conduct qualitative and quantitative analysis to evaluate management decisions and emphasize on collaboration as the key to your successful venture.
Were you aware that 35% of businesses fail because there is no market demand for their product?
25-30% of venture capital-backed startups fail despite extra funding. An MVP helps you test your idea quickly and affordably, minimizing the risk of large investments in potentially flawed products.
9/10
startups fail in the very first year of their business.
38%
startups end up failing due to cash shortages.
20%
startups falter because they get outperformed.
60%
startups fall short of Series A funding after the pre-seed stage.
Evaluate the Concept
Confirm the viability of your business idea in its initial stage without launching a complete product.
Gain Investor Interest
Pitch to potential investors that your product is beyond the idea stage and has already made progress.
Gather User Insights
Collect feedback to improve or remove features in order to refine the product and better meet consumer needs.
A perfect MVP strategy can give you a head start in your industry. it helps you assess the ongoing market demand and determine if consumers are genuinely interested in your product or not. It can enhance your likelihood of securing investment by demonstrating your product's true potential.
The MVP approach focuses on launching a simplified version of a product with just the core features needed to meet early adopters' needs. This strategy speeds up market entry, enabling rapid iteration based on real user feedback and market insights.
Quicker Time-to-market
In a fast-moving industry, being first to market with a product can give a competitive edge. Creating an MVP allows companies to launch quickly, gather user feedback, and make informed decisions. This approach reduces development time and streamlines the process.
Risk Mitigation
Launching an MVP helps reduce risk by allowing early validation of a product concept with minimal investment. By focusing on a smaller, manageable user base, teams can test key assumptions and gather feedback before committing to extensive development.
Feedback Analysis
MVP development helps collect user feedback by launching a basic version to a small audience. The early inputs and feedback on usability and design help in product refinement before a full release. Analyzing this feedback ensures that the product will meet user needs.
Faster First Sales
Securing early sales can validate your product and provide essential funding for development. If initial customers show interest or invest in pre-sales, it indicates that your monetization plan was effective and you might be on the right path to achieving a product-market fit.
Scalability
You can expand the features if your product gains popularity. This approach helps avoid the risk of investing heavily in a product that might not meet market needs. By validating your product's potential with an MVP, you grow based on actual user feedback and demand.
Segment your audience by demographics, psychographics, and behaviors. Develop buyer personas, conduct market research, and gather feedback to refine your product and meet customer and market needs effectively.
Market Analysis
Conduct in-depth market competitor analysis and target your ideal customer segments
1
Book A Call
Let us know your availability by filling out the form. If you need an NDA, feel free to tell us and we will be glad to provide one.
2
Discuss Your Plan
Share your business idea, requirements, and goals with us and we will guide you in the right direction.
3
Get A Quote
Our expert will design an ideal roadmap for your business to move forward in the cut-throat market.
Expect the discovery to be wrapped up in:14-21 business daysInvesting in thorough research and planning during discovery will reduce the likelihood of costly expenditures later on and lay the groundwork for your development process.
People Involved
Business Analyst
Product Manager
Designer
Lead Developer
Tools
slack
Figma
Miro
Deliverables
Comprehensive strategy
Product Requirements
Detailed architecture
Wireframing
Interactive Prototyping
Selecting tech stack
Model for the Solution
You acquire an MVP in: 40-60 business daysWe make the design creation and delivery process both team-oriented & enjoyable by making use of collaborative tools like Figma.
People Involved
Product Manager
Designer
Tools
Figma
Adobe Photoshop
Deliverables
Motion designing
Designing of user interface
Graphic Designing
Your MVP gets launched in: 7 business daysAfter the MVP goes live, our work shifts to analyzing product usage and developing strategies for future updates.
People Involved
Development Team
QA Team
Product Manager
Tools
AWS
Mixpanel
Deliverables
Product metrics
Production
Client Lifetime Value (CLV)
The Client Lifetime Value (CLV) tracks how long a user remains active on your app and visits it prior to discontinuing use or deleting it.
Sign-Up
Registration provides valuable insights into user behavior and interest. Based on their engagement during sign-up, there's potential for these individuals to convert into active users.
Turbocharged Teams for Rapid Results
Need swift support? Our teams are ready to engage within 1-2 weeks, to expedite value delivery and minimize complications for you with their agile methodology.
Resolute Goal-Driven Specialists
You can trust Webelight Solutions to take your project across the finish line. We work relentlessly to make sure every objective for your product is fulfilled.
Elite Developers with Proven Expertise
We pride ourselves on having veteran developers who stay up-to-date with modern tech. We deliver groundbreaking products that truly make a difference.
Committed Partner Who Resonates with Your Goals
With Webelight Solutions by your side, you get a devoted team dedicated to looking into every detail, generating creative solutions, and tirelessly working toward your goals.
FAQs
Common Questions
At Webelight Solutions Pvt. Ltd., we understand that our clients have a lot of questions when it comes to choosing the right software development partner. To make things easier, we've compiled a list of frequently asked questions to provide you with clear and concise answers.