MVP V/s Prototype: Make the Right Choice for Your Project

MVP V/s Prototype: Make the Right Choice for Your Project
February 12, 2020

When it comes to product development and launch, most of the companies going for custom software development find themselves clueless. Whether it is a startup or an enterprise- they have no clear idea about what they must have done to validate their project idea first. Again, this is the most important stage in launching the product!

MVP and prototype are considered as two effective approaches that you can opt for for product launch; however, they work at different stages of development. Many a time people get confused between both terms. When you will use both of them in the right manner you will be able to ensure that your business concept is accepted well by the stakeholders and the target audience. Additionally, this will even make sure that your product launch is a complete success.

Here in this article we will try to know MVP and prototype approaches in a better way and learn when you can use them in your product development.

What is the MVP?

MVP or Minimum Viable Product is the product with the basic features to get started with. Here the further development takes place based on the feedback received.

Even if you are planning to come up with a product prototype, you need to understand its worth first. This is where you need to come up with MVP as it will save you money and time all the while coming up with a functional product in a cost-effective manner. Unlike the prototype, MVP is a complete product that you can release in the market. By introducing MVP in the market you will be able to know whether it seems to have value for the customers or not. In the case of MVP, functionality can be added later as the requirement arises and so it is open for technical development.

Features of MVP

What is project prototyping?

In simple words, a prototype can be called a simple model of the product which is in its early stage. It is normally build to test the idea before it can be developed for commercial purposes.

Once you have an idea about a product on the mind, you need to check its viability and feasibility first. The best way to get it done fast is through product prototype. It is even the cheapest way to know whether the product can go with further development or not. This will give you an idea about how your future product will look like and how it will function.

This means that the prototype can be called as the basic version of the full-fledged product that you will develop in the future. However, you need to understand that the prototype is not functional and operational as MVP is. You can even state that the prototype is the sketch you make to explain your idea to the investors in the live form. This will help the investors to understand the idea in a better way with its technicalities.

Now based on the feedback from the clients and stakeholders, the development team can make the needed changes in the prototype or altogether come up with a new one.

Features of project prototyping

Benefits of MVP

Benefits of project prototyping

Reasons to use MVP

Reasons to use the prototype

Difference between a prototype and a minimum viable product

Both of them are used by the development team before the development phase of the project to decide its viability. The prototype is more like a draft while MVP is kind of a product itself. MVP is a product with minimum features that you can release in the market directly. On the other hand, you need to start working on a prototype once it has been approved by all stakeholders.

When to use MVP?

When to use a prototype?

Final thoughts

It is a fact that you can validate and verify your mobile app startup idea using MVP and prototype approaches. Both approaches can help you decide what to build and how you can carry out the development. Still, in the design flow, both of them are said to play different goals. A project prototype is used to show and explain the different functionality in the project, and it cannot work on its own. On the other side, MVP is a complete product with simple features and is ready to market.
You can keep adding more features to it later during development iterations. So, if you want to be sure about the value of the product by introducing it into the market, you should go with MVP. If you want to test the idea and present something new to the stakeholders, you should go with the prototype.

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