Youbiquo granted for SME Instrument proposal
9 April 2019From Italy with innovation and technology
23 April 2019Most of start-ups begins with an MVP and the function of a prototype.
The minimum viable product is that version of a new product a team uses to collect the maximum amount of validated learning about customers with the least effort. The term MVP is commonly used, either deliberately or unwittingly, to refer to a much broader notion ranging from a rather prototype-like product to a fully-fledged and marketable product.
From MPV to Product Market Fit
The market is, in short words, the meeting point between the supply and demand. In the technological sector, that is in continuous evolution, the market changes very quickly and the time is fundamental.
To create a product it is necessary the Product Market Fit (PMF). It includes many phases, between these; check the type of product; analyze the competitors; verifiy if the product you want to put on the market has different characteristics from an existing product.
How many steps does a product need from the idea to the market?
The analysis of the PMF is a process that involves many activities such as define objectives in each phase; set and to measure them; divide each assets into focused sub-assets and to maximize each one, by tests that must be checked and measured.
To do this Youbiquo could be your advisor. The mission of the company is to design wearable computers and IOT devices.
Youbiquo realizes this in 4 steps from an idea to a product:
– your idea;
– prototype in 100 days;
– product Market Fit;
– go to market strategy.
Youbiquo analyzes the idea of a product on the market, creates a prototype, meets the needs of the target to which the customer refers step by step. From the start-ups to the widest companies, Youbiquo exploits the power of people in order to bring a product to the market.