What is the minimum viable product? How do you know it is time to pivot your product?

Minimum viable product (MVP) is a version of a product with just enough features to satisfy early customers and provide feedback for future product development.

An MVP should allow users to interact with the product and provide the core features that solve their problem.

Knowing when to pivot your product is based on collecting and analyzing user feedback, data, and insights to identify areas of improvement and whether to make changes to the product.

If a product isn’t getting traction, it’s important to assess if it’s a problem with the product or the market.

If the product isn’t meeting the needs of the users as intended, it may be time to pivot the product.

To pivot a product, the team should assess the current product, identify the areas for improvement, and come up with a strategy for making changes.

Regularly collecting customer feedback and analyzing data can help inform decisions about when to pivot a product.

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