How much does it cost to create a MVP?

How much does it cost to create an MVP?


You're not sure, will your mobile app become a huge success? Start with developing an MVP!
Minimal Viable Product is an excellent way to test your app without losing too much money.
But how much does it exactly cost? Check the article and find out!

https://www.ready4s.com/blog/how-much-d ... reate-mvp/

What's your opinion on MVP?

Yes, MVP is a great way to test your app without investing too much of money.
MVP is a prototype that includes the core features without any advance tool. If you hire a freelancer, he may quote you around $3,000 or maybe $5,000. While a reputed company with an experienced team of developers would quote between $5,000 and $50,000.

Exactly, and that's really not much when you think how superior their quality of work will be!
And when you have a really tight schedule to for example show your product to the investors - it's definitely the best idea possible.

Yes, MVP is the perfect way to get investors attention and it pay off the money that you have invested in your app.
An MVP is a process that you repeat over and over again: Identify your riskiest assumption, find the smallest possible experiment to test that assumption, and use the results of the experiment to course correct.

In general firstly you should estimate ready app development cost and then calculate mvp. So, you'll exactly know how your mvp will be and how to build it and bring to release stage and further maintaining in the best way

Good day! Very interesting, the information.

The cost of creating a MVP (Minimum Viable Product) can vary greatly depending on several factors, including the type of product, the technology being used, the size and experience of the development team, and the location of the development company. 
On average, the cost of developing a MVP can range anywhere from a few thousand dollars to hundreds of thousands of dollars. In the US, the average cost is around $120,000 to $200,000, but this can be higher or lower depending on the aforementioned factors. It's important to keep in mind that a MVP is a stepping stone to a final product and may require additional funding to build out a full-featured product.