The development of an app costs 40,000 to 200,000 Euro in the first year, depending on its volume. And, according to our industry, only one in ten apps is actually successful. How can you ensure that you invest your development budget in the right idea and increase your chances of success? Simple! Just test your app idea and business plan KPIs as quickly as possible with a Minimum Viable Product MVP.
In our blog article, we will show you what minimum viable products can look like for two apps with different business models, how to measure your MVP’s success and which mistakes you can easily avoid.