Developing a new software product requires a lot of attention. Your main concern as a developer is providing the best solution to the end-user by eliminating their problems through the new idea.
To ensure potential difficulties are supervised with the correct solutions to fit the product and market, you should develop the software through PoC, prototype, or MVP. But what's PoC vs. MVP vs. Prototype? What are their differences? And which option will work best for you?
All your answers are here, so let's have an in-depth exploration.
Proof of Concept, or PoC, is a stage in software development where the product is built to test technical assumptions and confirm if the idea is beneficial and applicable before going for the actual development.
That means you build PoC when you are unsure if the software would work according to the planned idea. PoC is usually a small segment of the entire system, which is unseen to the end-users, as it is just to clarify which way to go before going for the development.
If you're looking for an accurate and quick way to endorse or void assumptions about your core audience and software concept, then PoC is what you need. Some of the valuable features of PoC are:
We’ve prepared a list of steps on how to create a PoC:
One of the best examples of the PoC approach is when Walmart decided to include Blockchain technology to track products' origins and refine its entire logistics system. To ensure it was the right thing to do and the company wasn't wasting its resources, the Walmart team built a Proof of Concept (PoC).
So your concept is proven now. The question is, how can you confirm whether or not it would work?
Relax! Next comes the prototype phase to ensure your product's viability.
A prototype is a model or sample of a product developed to test how effectively it works. One of the main reasons for building a prototype is to analyze, test, and rework the product until the expected outcomes are attained. In other words, the prototyping phase is a strategy to examine how a product would look once it's developed and what amendments it requires if the results are not up to the mark.
Building a prototype takes place when the PoC turns out to be positive, and it exposes bugs during the study and designing of the product.
The prototype approach answers how the product will function. For instance, prototyping a mobile app is a type of user research to verify the strategic design of the software. So, the mobile app prototype will be the initial visualization to understand the mobile app's appearance and feel.
Therefore, using a prototype in this scenario is for testing the usability. You will have plenty of time to make amendments to the overall UX design and development to satisfy users in case of any problems or bugs.
A few of the many great features of the prototype include:
You can make a prototype of your product by following these steps:
The RubyGarage design team made a prototype of an e-commerce store. The store showed different UI element types and their positions to perceive how users would interact with the store when the final version is launched.
Once you know your prototype is successful, it is time to understand how the product would actually work in the real-life market. To do so, you will have to develop the MVP.
So what is that, and how can you create one? Keep on reading to find out the answers.
The "Minimum Viable Product" or "MVP" is what you call a testing version of the product with limited but sufficient features, making it workable. In simple words, in MVP development, the product doesn’t include a variety of cool features but only those traits that reveal the core functionality.
The reason why you build an MVP is to introduce the narrow version of the product to the market. In that way, you can understand whether or not the product is valuable. And in case the product emerges to be beneficial, bingo! You can start making money instantly from your initial customers and early users. And with this good news, you will be loaded with confidence and funds to include additional features on your MVP.
If you're implementing the MVP approach, it will help you develop a nominal and operational version of your product to kick off and test in the real market. The method will permit your team to grasp targeted users' experiences and their responses to your product. And learning from the real users' insights, you will be able to allot effort, time, and budget to all the essential areas to ensure the product satisfies your business objectives.
Creating an MVP is a repetitive process that helps reveal users' pain points and defines the correct functionality to overcome those problems over time. The MVP development comes with numerous features, like:
This is how you can build an MVP for your product:
It all started when an MVP successfully became the famous marketplace you know as Amazon.
When the initial version of Amazon was launched, the platform grew, and the founder, Jeff Bezos, started the expansion by widening the best-selling products on the website. He further improved the site's design to enhance user experience as customers were increasing on Amazon.
It was all possible because of user feedback, which allowed the gradual development of this global marketplace. And that made Amazon one of the biggest retailers in the entire world
Now that you're aware of what PoC, prototype, and MVP are, let’s see a table with the main differences between them.
We’ve prepared some tips for you to use when deciding which path to choose:
Knowing the importance, features, and pros of PoC vs. MVP vs. Prototype and selecting the correct strategy saves not only your time and money but also mitigates the risks of failures.
So, if you're unsure where to begin, our Geniusee specialists are always prepared to provide remarkable guidance. Contact us now, and let's turn your dream product into reality.
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