If you are planning to develop a digital product, you may have heard of two common terms – MVP and POC. While they may seem similar, they are quite different from each other. In this post, we will discuss the difference between MVP and POC, and which one is the best fit for your business needs.
What is MVP?
MVP stands for Minimum Viable Product. It is the most basic version of a product that you can launch in the market with the minimum features required to satisfy early customers and validate the business idea. MVPs are often used in the early stages of product development to test the waters and gather feedback from users.
What is POC?
POC, on the other hand, stands for Proof of Concept. It is a prototype or a model of a product that you create to test the feasibility of your idea. POCs are often used in the ideation stage to determine if an idea can be turned into a viable product.
What is the difference between MVP and POC?
While both MVP and POC are used to test product ideas, they differ in their purpose, scope, and timeline.
MVPs are built with the purpose of testing the market and validating the product idea. They are designed to gather feedback from early adopters, which can then be used to refine the product and add new features.
POCs, on the other hand, are built to test the feasibility of a product idea. They are designed to answer questions like “Can this product be built with the available resources?” or “Is this idea technically feasible?”.
MVPs are designed to be simple and functional. They include only the minimum features required to solve the user’s problem and provide a satisfying experience. MVPs are built with a clear understanding of the target audience and their needs.
POCs, on the other hand, can be more complex and exploratory. They are designed to test a specific feature or technology and may not be fully functional. POCs are often used to showcase a concept to potential investors or stakeholders.
MVPs are built with a timeline in mind. They are designed to be launched in the market as quickly as possible to gather feedback from users. MVPs are built with an iterative approach, where new features are added based on user feedback and market demands.
POCs, on the other hand, can take longer to build. They are often used in the ideation stage, where the focus is on testing the feasibility of an idea rather than launching a product. POCs are built with an experimental approach, where different ideas and technologies are tested to determine the best fit.
Which one should you choose?
The choice between MVP and POC depends on your business needs and goals. If you have a product idea and want to test the market, MVP is the best fit. If you are not sure whether your idea is technically feasible or want to showcase a concept to stakeholders, POC is the way to go.
In summary, MVP and POC are both important steps in the product development process, but they differ in their purpose, scope, and timeline. While MVPs are built to test the market and validate the product idea, POCs are built to test the feasibility of an idea. By understanding the difference between MVP and POC, you can choose the right approach for your business needs and build a successful digital product.