What is the minimum viable product approach?

[netzhiznini]

Hello! I know, and I can tell you. The minimum viable product approach assumes the first initial release of a product or service that contains the most basic set of features. At the same time, the manufacturer observes how this product will be perceived by customers to understand further actions. All this is done for the sake of understanding the financial customer experience , which currently plays a huge role in the success of a business.