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What is a MVP (minimum viable product), a proof of concept (PoC) and prototype definition?

Depending on the company and its product development maturity, usually MVP context pipeline have these steps: 🔹 The proof of concept (PoC) is executed to decrease technology risks and prove the feasibility of doing a particular task. This is not a customer-focused task. 🔹 A prototype is a step in product creation that answers the question “How can we build that?” The early adopters of the prototype are usually the people involved in its creation. 🔹 MVP goes public and helps product creators learn from user feedback. 🔹 Minimum lovable product (MLP) focuses on the delight it can bring to the users and is frequently called an alternative to the MVP concept. 🔹 Minimum marketable product (MMP) is needed to build an adequate user experience, and to reduce time-to-market so that you launch the product faster. 🔹 Minimum awesome product (MAP) is often defined as the MVP with an improved UX. Watch the full video tutorial: https://bit.ly/34abuYJ More video content about Digital Product Design & Development here https://sprintprod.dev/academy