The Cost Of MVP Software Development For Startups From Scratch

It’s a special kind of development technique, a ready-to-release application with basic but limited functionality. MVPs are used to test business ideas, find a suitable business model, get user feedback, forecast future profit, and get investment. The MVP software develops enough features to test the main hypotheses, and the complete set of features is designed and developed after considering the feedback from the early users of the product after the first version was released.

MVP software development for startups

Cost to build an MVP

  • If you want to build a minimum viable product yourself, the cost will be nominal. Although this seems like a nice idea, it’s not the ideal way to go about developing MVP apps.
  • A typical MVP mobile app price can range from $5000 to $50000. A lot would totally depend on the complexity of the app idea, features and design.
  • The MVP award is only one aspect of the equation; Timely delivery, quality and user interface are also critical factors.
  • The importance of choosing an expert and experienced developer is another thing to consider. Therefore, the human aspect is a fundamental factor to consider when determining the cost of developing an MVP application.

Designing costs

While most MVPs are without any big finished design, the user interface still needs to be perfect. To do this, we need to have a design team that can design each MVP screen. They take care of navigation, button placement and other things to ensure a seamless user experience while using the minimum viable product.

Wireframing: This is the main skeleton of the MVP and contains the wireframe of the pages, how they are connected, their formatting, etc.

UX design: This is where you prepare the design for the user experience and how they can access the minimum viable product.

Product design mockup: Mockup is an important part of the MVP design process where the design commitments of the idea can be seen.

Page interaction: This is where designers think about the interaction between pages and the navigation to get to each one.

Timeline for MVP development

MVP development time is proportional to the budget. And a budget directly proportional to the number of features that need to be developed. But you have to realize that time is not on your side.

  • There are many factors that determine the complexity of an application:
  • Platform – web, mobile or hybrid application.
  • Number of application roles.
  • The number and complexity of functions.
  • iOS or Android based development and so on.

Conclusion

MVP development is not something that can be done instantly. It requires careful planning, preceded by meetings and finally followed by the development itself. If you were in doubt about the minimum viable product before, we strongly believe that you should now be able to make up your mind.