So you want to develop a product or service? You’ve done your market research, shared your idea and gathered feedback. You’re excited to go but not sure exactly where to begin. Enter, minimum viable product development services. We spoke more about what a minimum viable product (MVP) is and the methodology behind one here.
An MVP is the most basic form of your product. Its job is to get your product into the hands of early adopters. You can then test user behaviour and understand better how your product performs.
There is only one problem. As an entrepreneur, you have many other problems to take care of. You may even still have a full-time job. So building an MVP while trying to market your product and balance your work, family and social life is a puzzle. d
What is Outsourcing?
Outsourcing is the practice of bringing in third parties to perform services or develop products. Outsourcing is a common practice. Many companies bring in experts to do certain jobs better or to control business practices which allows the company to focus on other tasks.
Businesses use outsourcing for a wide variety of tasks such as customer service, HR, accounting and software development. In fact, as of 2020, more than 60% of tech companies outsourced at least some part of their application development. Doing so allows companies to focus on core competencies of their business such as growth and devising a Go To Market strategy.
Outsourcing is not limited to the mundane or rudimentary areas of business development. It’s also possible to outsource your MVP to minimum viable product development services.
Why Outsource to Minimum Viable Product Development Services?
1. Turnaround Time
Minimum viable product development services can deliver your MVP quicker than you would be able to do yourself. “Time is Money”. Why spend countless hours trying to develop an MVP yourself when you can have an expert do it for you?
A Go To Market Strategy is vital for the success of any product or service. By outsourcing your MVP development, you can focus your efforts on how you’re going to sell your product.
In the gig economy, Freelancers can also provide an option to develop your MVP for you. However, these freelancers often have many projects and outsource work to other freelancers. You may hire one freelancer but actually have no idea who is developing your MVP.
When you hire an MVP development service you know that:
- They are dedicated to developing your MVP
- Have a successful history of MVP development
- Don’t outsource their work to other freelancers
- They are experts in MVP development
Bringing in minimum viable product development services will allow your startup to go to market much quicker.
2. Ability to Apply Your Focus Elsewhere
Bringing in an MVP development service gives you more time to focus on other aspects of your business. One essential component of a new product or service is your Go To Market strategy. This strategic planning process is a tactical action plan that analyses how your new product will succeed in the market place.
It can cover
- Competitive analysis
- Entry barriers
- Your value proposition
- Your Ideal customer
In fact, pretty much anything that requires your product to go to market is included in this action plan. A Go To Market Strategy is vital for the success of any product or service. By outsourcing your MVP development, you can focus your efforts on how you’re going to sell your product. Not only that but you can analyse your business’s Strengths, Weaknesses, Opportunities & Threats. A SWOT analysis can give you the necessary tools to discover what advantages you have over the competition.
3. Technical Diversity
If you need a haircut, do you try and cut your hair yourself or go to a hairdresser? Do airlines let passengers fly the planes or leave it to the highly trained experts?
The same can be said for your Minimum Viable Product. An MVP development service comprises of experts in the field of software development with diversity across a range of programming languages. Such services can programme an MVP with ease while working out bugs and assisting in User Experience (UX).
You wouldn’t cut your own hair, so why try and develop your own product? Leave it to the experts
Hiring an MVP development service will require an investment. Yet, the time saved by outsourcing or re-doing poor work from a freelancer will improve your return on investment (ROI) in the long-run.
Alternatively, you can also outsource your MVP development to services in developing countries. The Philippines for example has a rich outsourcing history and is full of competent and skilled programmers. These programmers can provide quality work for a fraction of the cost of MVP development services in developed nations.
For more information click here: Development services in the Philippines.
Countries like the Philippines have taken full advantage of the outsourcing boom. In fact, you could outsource your entire business development process.
5. Access To a Range of Professionals
Outsourcing doesn’t have to stop at your MVP process. Startups need a range of services to assist in their initial growth. Countries like the Philippines also have experts in the fields of:
- Social Media Management
- Call Centre Operators
- PPC Marketing
- Graphic Design
- Email Marketing
- And more
Worried about language barriers? No need! English is widely spoken in the Philippines with many professionals speaking it fluently. As a former American colony, the Philippines is full of professionals in the outsourcing industry who’s English is exemplary.
Digital and online businesses are growing exponentially in the 21st century. Countries like the Philippines have taken full advantage of the outsourcing boom. In fact, you could outsource your entire business development process. This will allow you to focus on spending time on other important aspects of the business.
The reality is, that the bigger your business grows, the more that outsourcing will become an attractive option for your business.
We get it, letting things go and delegating is often one of the hardest parts of creating a business. As entrepreneurs, it’s tempting to want to do everything ourselves. Yet, as most successful entrepreneurs will say, the secret to success is building a quality team.
The more you outsource parts of your business, the more comfortable it will be and the more cost-effective the process will get. Start by selecting companies that meet your development need. Intellectual capital should not be taken lightly. What may take you 12 months to learn to develop, could take a development service 3 months.
Take into account the fact that development services also have a bank of employees that can take over in emergencies. This means qualified developers can stand in should a team member charged with your account become unavailable due to sickness or other circumstances.
What happens if you develop your MVP yourself and you get sick or need to go on a business trip for 2 weeks? The development will come to a halt and delay your product further!
Free your time, save yourself the effort and generate peace of mind. MVP development services are experts in the field of product development. Take advantage of this and hire qualified developers dedicated to building your product.
Allocate your time on the other necessary parts of your business that matter. Don’t get bogged down by the technical aspects, outsource it!