Bizness

[Bizness]

MVP - Minimum Viable Product

This version of the product would have all the bare minimum features that your early users would find value in and would be willing to pay for it. As customers start using your product, the product team would further assess their preferences and wishes to make this product better. Having said that the product team need not put their time and effort into working on the features that aren’t essential to the customers.

Note: A common mistake to avoid is releasing a product with bare minimum features that are below the expectations of your potential customers.

[Bizness]

Why do you need to focus on branding?

[Bizness]

Sales and Marketing

Often used interchangeably - these are the most used confusing words amongst professionals in the industry. 

This is our first post, which would mark the beginning of our series where we simplify industry jargons. Do let us know your thoughts in the comment section.