MVP refers to a product's initial version with only the essential features required to satisfy early customers and provide feedback for future development. MVP development involves gathering user feedback early and often, which helps companies create a product that meets their customers' needs. The MVP, or Minimum Viable Product, initiates the product development cycle by prioritizing risk and cost reduction while ensuring customer value delivery. It serves as a pivotal tool for assessing product viability and collecting insights from early adopters before substantial investment in developmen