Minimum Viable Unit
A Minimum Viable Unit (MVU) refers to the smallest version of a product or service that can be released to the market while still providing value to customers. The concept is often used in product development to test ideas quickly and gather feedback without investing significant resources. This approach helps businesses understand customer needs and preferences early in the process.
By focusing on the essential features, an MVU allows companies to iterate and improve their offerings based on real user experiences. This method is particularly popular in the startup ecosystem, where agility and responsiveness to market demands are crucial for success.