4 reasons why you should build an MVP application in No-Code

What is MVP?

MVP is an acronym from English Minimum Viable Product, derived from the Lean Startup methodology. The creator of this concept - Eric Ries, defines it as a product that has a minimum number of functions that allow it to be made available to customers. It is therefore the first, most basic version of the product, but fully sufficient to meet the needs of users. In our case, it would be a “slimmed down” version of the application, which has only the main features and omits the additional ones.

The MVP of the application will show your potential customer its value, and allow you to measure interest, gather and analyze feedback and tips on how it can be further expanded and whether it is worth it at all. The main idea of an MVP is to gather as much information as possible, with as little effort as possible and involving as few resources as possible.

Why create an application MVP?

Wondering why to actually create such a product with minimal functionality? Taking into account the fact that each application is different, the benefits of using the Minimum Viable Product may also differ from each other. However, there are certain merits, which are universal for the vast majority of applications.

Testing your idea

Probably, more than once you have heard all sorts of stories about someone who had a brilliant idea, but after realizing it, it turned out that people did not need it at all. Minimum Viable Product will help you avoid such a scenario. This super app that you see with the eyes of your imagination should be tested to find out if your potential customers will consider it as such too and most importantly, they will want to pay for it.

Easier application expansion

Starting with an MVP, your app will be better scalable to build new features. MVP is based on the Lean Startup method and it forces an iterative process of building a product. Collect feedback from users and build your MVP based on it. Having received feedback from users and testing the application in practice, it will be much easier to predict the directions of its expansion. You will know which features are worth adding, which ones to expand or modify.

If instead of MVP in the traditional way a “big” application was created with many functions that turned out to be useless for users, it will be much more difficult and expensive to add new functionality. Unnecessary functions can also create conflicts and will have to be completely removed. You're wasting time and money. Unless, instead of traditional programming, No-Code or Low-Code was chosen, but more on that in the next part of this article.

Saving money

Reducing expenses is a priority for any company, especially if it is in the startup phase. Assuming you don't have an infinite budget, building a “truncated version” of the app will be one of the best ways to cut back on spending. Building an application MVP will be cheaper, and in many cases even much cheaper than building a complex project.

And this is where No-Code technology comes in again, helping to reduce these costs even further. Are you curious how much it can cost to build your MVP application using No-Code and Low-Code? Get in touch with us. We will value your idea. You will be surprised how much of your budget you can save.

Risk reduction

All the advantages mentioned above are contained in the latter — risk reduction. By building an application MVP, you can validate your idea earlier, with fewer resources required, and modify it or even abandon it if necessary, without much loss.

In addition, if the MVP of the application is received well enough that people will want to tell others about it - there is a good chance of advertising the project, gaining sponsors, and thus the success of the official version.  

Application MVP using No-Code/Low-Code tools

No-Code/Low-Code technology seems to be the ideal choice for building applications in the Minimum Viable Product model. Rapid Prototyping is becoming increasingly popular. With No-Code or Low-Code we build a prototype, which after testing we do not have to “rewrite” to the target form. A good Low-Code platform allows iterative construction and reduces the overhead associated with change management to a complete minimum. The ability to quickly, easily and securely expand the No-Code/Low-Code application with new functionalities and modify the existing operation is a huge advantage of this technology.  

Today, many companies use Low-Code platforms to create MVP projects to test new business ideas. When developing applications based on No-Code software, we save time and money. You do not need a team of specialists for this, but only one person, e.g. a business analyst, not necessarily a programmer.

In traditional programming, you need an experienced team leader or a team of programmers, in addition to having experience in MVP, so that they do not implement solutions in the style of “art for art”. It is not uncommon for project delays or going beyond budget, as developers spend too much time on one of the modules, while the amount of this work has no chance of returning in the future.

We all know how expensive an hour of work as a programmer is. The creation time of MVP applications with No-Code/Low-Code technology is much shorter, because only 4 - 6 weeks, whereas with the traditional approach such a process can last from 3 - 6 months. Ready-made solutions with No-Code software will appear already in a dozen days, not a few months.

By choosing No-Code technologies, we also minimize investment risk, which is high with traditional solutions. Startups and smaller companies will especially appreciate this. According to Gartner, in 4 years' time, No-Code application development will be responsible for 60% of all IT solutions. Looking at the benefits and advantages of this technology - it is not at all surprising.

summary

The Minimum Viable Product concept is a very good solution for an application idea. And as you have read, it is really worth doing. And in addition, getting an MVP of an application based on No-Code/Low-Code brings even more tangible benefits. By combining these two solutions, you can be one step ahead of the competition.

In PowerNoCode we will quickly prepare a satisfactory MVP of your application using No-Code and Low-Code. You can check the interest of potential investors and customers and at the same time be sure that your planned budget will not be exceeded.

Do you have an idea for an interesting application? But you don't want to pay budgets that go into hundreds of thousands of dollars? Talk to us. We will be happy to advise you on the choice of a tool for building an application and we will be happy to make such an application for you.