Prototype vs MVP: What is the Best Choice for your Project?

Prototyping or MVP development can save you time and money! But how do you choose? Let`s say you have stumbled on a great idea. How do you make sure it will actually pan out?

What Is a Prototype?

Prototyping precedes the MVP development stage. A prototype is built to get further investment. Usually, startups develop prototypes on a budget to attract stakeholders and investors.

Read also: How Much Does It Cost to Make an App in 2021?

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A prototype is the backbone of your project. Before getting into technical details, you want to decide how the app or website should look like, define the flow of the project, structure, design, and information architecture.

Read also: How to Build a Mobile App Startup that Actually Makes Money

The prototype of your product can be used as a draft and template of your ideas. You can show it to the potential target audience, investors, presenting your idea, and making sure you are both on the same page.

There are 3 main types of prototypes:

Paper Prototype

Source: aaronbrako.com

A paper prototype is a visualization of the project with minimum investment. It represents the user journey through your application or website. Paper prototypes are good to single out important elements of your product and set the course for future enhancements.

Sketches

Source: justinmind.com

A paper prototype is good for getting a basic idea of what your mobile app or website should look like.

However, with the help of sketches, you can highlight the basic functionality and features of your app/website. It may include scroll bars, sliders, menu bars, pop-up windows, placeholders, buttons, drop-down menus, etc.

Such digital sketches are more digestible for clients; software development companies use them often for startups to avoid technical nuisances and tricky technical issues.

Interactive Prototype

Source: justinmind.com

Interactive prototypes represent the fully-fledged design of an app or website, which may include myriads of animated effects, transitions, interactions, multiple screens, and complex interactions between them.

What is an MVP?

While a prototype is just a sketch of your product to attract investors, a minimum viable product (MVP) is a demo of your app or website with a core set of functionality operating within the market. Instagram, Facebook, Dropbox, Snapchat, Spotify — they all started as MVP.

MVP is the first step to verify the funnel of getting customers, gather information, set the course for a further website or app development, and get insights into what works and what does not. Therefore, by getting feedback from the users, your web or mobile app development team can improve on that by adding more features to increase sales, and evaluate your business goals.

Steve Blank, the author of Startup Lessons Learned, points out that successful projects often fail because of a lack of their customers' knowledge. When startups develop an MVP product, instead of thinking of end-users' needs they focus on the idea that has not been tested on real users.

When you have a business goal and need a set of features, your further decisions will not be based on speculation and presumptions, but on real analytics and on the feedback from the users.

"The MVP has just those features considered sufficient for it to be of value to customers and allow for it to be shipped or sold to early adopters. Customer feedback will inform the future development of the product."—

Scott M. Graffius, a project management expert.

Prototype vs MVP

Although the concept of Prototype and MVP may seem similar, there is a huge difference between them. It all narrows down to your purposes, priorities, budget, type of project, testing techniques, etc.

Read also: How to Describe a Project to a Web Development Company?

Let`s just put it simply, a prototype is a drawing that you can show to someone. Of course, today there are plenty of tools that help to create interactive sketches for your prototype. But it`s still a drawing. You can show your product to potential investors or customers. A prototype guarantees no more than just feedback. It`s not about selling! Customers will not pay for something they cannot use or test.

If you are looking for a cost-efficient way to get feedback for your product, a prototype is your best bet!

However, an MVP is a ready-to-go product to run your business. This product has to be able to complete the primary function of your company. Let`s take Instagram, for instance. They implemented photo sharing with a limited number of filters as an MVP. Sure, the market of photo editing tools was abundant and photo sharing platforms were a no-brainer.

Slowly but surely they added web profiles, video sharing, direct messaging, and in just 2 months they have managed to get 1 million users. Thus, an MVP turned into a fully-fledged social platform.

Final Tips

Here are certain pinpoints to consider:

• If your market segment is highly competitive, do not hesitate — the sooner you release MVP, the more chances you will have to fit in.
• Deadlines are paramount. In complex projects companies sometimes postpone the release to correct bugs and errors. Otherwise, there is a risk of scaring users once and for all.
• Start testing as soon as possible. There is no need to polish all the elements of the interface. Make your product as simple as possible and test it right away. After testing, make corrections and test again, and so on and so forth.

Have a brilliant idea in mind? Let's create an MVP to validate it on the market and make faster product development progress!