Differentiate between MVP and MMR.

1.	Differentiate between MVP and MMR.
Answer» Minimum Viable Product (MVP) is a LEAN Startup CONCEPT that emphasizes the importance of learning while developing a product. This enables one to test and understand the concept by exposing target consumers and USERS to the initial version. To accomplish this, one must first gather all pertinent data and then learn from it. The MVP concept is to create a product, provide consumers access to it, and observe how the product is used, perceived, and understood. This will also give you a better idea of what the needs of your clients or users are. Successful products are released into the market in stages over time, with each "SIGNIFICANT" deployment REFERRED to as a release. An MMR (Minimum Marketable Release) is a product release with the minimal possible feature set that solves your customers' current new needs. MMRs are used to shorten time-to-market between releases by condensing each release's coherent feature set to the lowest increment that provides new value to customers.

Answer»

Minimum Viable Product (MVP) is a LEAN Startup CONCEPT that emphasizes the importance of learning while developing a product. This enables one to test and understand the concept by exposing target consumers and USERS to the initial version. To accomplish this, one must first gather all pertinent data and then learn from it. The MVP concept is to create a product, provide consumers access to it, and observe how the product is used, perceived, and understood. This will also give you a better idea of what the needs of your clients or users are.

Successful products are released into the market in stages over time, with each "SIGNIFICANT" deployment REFERRED to as a release. An MMR (Minimum Marketable Release) is a product release with the minimal possible feature set that solves your customers' current new needs. MMRs are used to shorten time-to-market between releases by condensing each release's coherent feature set to the lowest increment that provides new value to customers.

Differentiate between MVP and MMR.

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