MVP vs Prototype – Which One To Choose For Idea Validation?

pagepro.co
5 min read
fairly easy
If you want to validate your product idea, but you hesitate, if you should use MVP or a prototype - read our MVP vs Prototype comparison!
Intro

The whole idea behind the MVP (Minimum Valuable Product) vs Prototype comparison, goes down to one question:

"How to make sure my idea is good?"

In other words, product development means meeting a bunch of requirements, with satisfying end-users on top of them.

If you think about it, most of startups fail because of lack of product – market fit.

There's no other way to succeed than preparing mockups to verify assumptions and ideas and to achieve the right market fit and great revenue.

So, should you go for an MVP or a prototype to validate your idea?

Well, although they seem to be synonyms, in fact they differ a lot. We're here to explain why, and which one you should choose for your project.

MVP vs Prototype – the main differences

According to Failory.com, it usually takes 2-3 times longer for startup founders to validate the market than they suppose. This is why it's a must to verify assumptions as soon as possible, and the proper prototype or MVP can be a great support.

Although we use terms "MVP" and "prototype" interchangeably often, in fact they differ a lot, and are developed for different purposes.

Prototypes are usually:

prepared in the initial stage of product development

created to verify ideas before boosting them with effort and investment

more like drafts than functional products

built with minimal effort and minimal complexity

used mostly internally, sometimes presented to potential investors, stakeholders or in crowdfunding campaigns.

At this stage, we can easily adapt and transform the product according to the new streams of ideation, so introducing changes doesn't generate noticeable costs.

MVP

MVP stands for Minimum Viable Product, and it's a great way to build not only web and mobile apps but the entire digital business around them.

Building an MVP is also close to the iteration cycle, which means that you take the core functionality of your app (the essential one), and you arrive at the market without any additional…
Read full article