How to Make Your Software Development Process Cheaper by Applying MVP

Are you thinking about developing a custom software solution for your business, but fear the hefty costs? Do you wish you could cut down on the development time and costs without sacrificing the quality of the final product? If that sounds like you, then you’re in the right place.

You may have heard the term Minimum Viable Product (MVP) floating around the app development world. If you haven’t, get ready to learn how it can change the way you approach app development—and how it can help you dramatically reduce the costs involved. Spoiler alert: The app development company cost doesn’t need to be sky-high, and we’re about to tell you why.

At VTS Software Ltd, we’re not just another app development company. We’re your long-term partner in business success, guiding you through every phase of development with years of experience in implementing MVP strategies that save time, money, and resources. But more importantly, we’re here to show you how to make the app development cost in UK and beyond far more affordable by applying the principles of the Minimum Viable Product.

So, let’s dive into how MVP can bring down costs in developing an app, why it works, and how you can benefit from a faster, more efficient development process.

Why Traditional Software Development Can Cost a Fortune

Developing custom software, especially an app, can be a costly endeavour. From the early planning stages to final deployment, every step of the process is loaded with expenses—design, coding, testing, integration, and more. And let’s not forget the ongoing maintenance costs. For businesses with limited resources, these expenses can quickly spiral out of control.

Did you know that 70-80% of the initial features in a software product might not even be crucial for its success? That’s right. Most businesses waste valuable time and money building features that users don’t even need or want. It’s a common mistake many entrepreneurs make when planning a custom app.

What’s even more shocking is that traditional app development methods can increase app development company cost by 50-70% compared to a leaner, MVP-driven approach.

Now, you might be thinking, “Well, if I cut features, I’ll end up with a subpar product, right?” Actually, no. That’s the beauty of an MVP. Instead of throwing a huge amount of resources at building a fully-featured product right off the bat, you can focus on getting the basics right—those core features that matter most to your customers.

What is MVP and Why Is It So Effective?

The MVP approach focuses on launching the simplest version of your app that still delivers the core value proposition to users. By focusing on just the essential features, you can minimize the complexity of the app, reduce development time, and significantly cut costs.

Think of it like a prototype or a “beta” version of your software. You test it with real users, gather feedback, and then iterate based on that input. It’s an agile, customer-focused approach that helps you avoid wasting time on features that don’t resonate with your target audience.

Here’s how the MVP methodology helps cut down the cost of developing an app in UK and beyond:

  • Faster Time-to-Market: By focusing on core functionality, MVP allows you to release your app quickly and start generating user feedback. This helps you identify any pain points early on and address them faster, speeding up the entire development cycle.
  • Less Risk: Instead of spending months or even years building a feature-heavy product, MVP allows you to test your concept with minimal investment. If your idea doesn’t resonate with users, you can pivot quickly and avoid losing significant amounts of time and money.
  • Customer-Centric Development: With MVP, you’re not building in the dark. You’re continuously testing and iterating based on actual user feedback, meaning your app is more likely to meet market demands and succeed in the long term.

Studies support the MVP approach as a powerful cost-reduction strategy. According to Harvard Business Review (2016), companies that employ MVPs can cut down on their overall development costs by as much as 50-70%. In fact, MVP’s lean approach is so effective that it’s a key strategy for successful startups. The Startup Genome Report also highlights that leveraging MVP helps startups significantly reduce the time spent in trial and error, ultimately saving both time and resources.

Take The Lean Startup method by Eric Ries as a prime example. His book outlines how companies can dramatically reduce their product development costs by focusing on the MVP approach. The results are staggering—Ries reports that businesses adopting MVPs are able to test their ideas much more quickly, meaning they can avoid costly mistakes before they start.

In the world of app development, particularly for startups, MVP is the difference between launching a wildly successful product and running out of money before you even get a chance to see any return on investment.

How We Can Help You Save on Your Software Development Costs

At VTS Software Ltd, we know exactly how to apply the MVP strategy to ensure you get the most value out of your software development investment. We’ve spent years refining our approach, and we’ve helped dozens of businesses—large and small—bring their apps to market faster and at a fraction of the typical cost.

Here’s why partnering with us is a smart move for your business:

1. A Partner, Not Just a Vendor

We’re not just here to build your app and disappear. At VTS Software, we believe in long-term partnerships. We want to see your business succeed, and we’re committed to providing ongoing support, development, and consultation. We’ll work alongside you every step of the way, making sure the development process stays on track and your app delivers exactly what you need.

2. Tailored MVP Strategy for Your Business

Every business is unique. That’s why we don’t use a one-size-fits-all approach. We take the time to understand your goals, your audience, and your vision. With this knowledge, we’ll help you define the most valuable features to build for your MVP, ensuring that your app is both effective and cost-efficient.

3. Proven Experience

We’re not just talking the talk. We’ve successfully applied MVP strategies to businesses in various industries, including e-commerce, healthcare, finance, and more. We’ve seen firsthand how powerful the MVP methodology can be in reducing both time and cost in making an app.

For example, one of our recent clients—a small retail business—was initially overwhelmed by the high app development cost in UK. By shifting to an MVP approach, we helped them launch a functional app with the core features their customers needed. They saved over 60% of their initial development budget, which they reinvested into marketing and scaling their operations. Not only did they cut costs, but they also entered the market much faster than anticipated.

4. Data-Driven Decisions

At VTS Software, we base our decisions on data—not guesses. By using MVP, we are able to gather real user feedback quickly, which allows us to continuously refine the app and ensure that every development step is backed by solid data. This prevents wasted effort and unnecessary expenses, keeping your project on budget and on time.

Ready to Save Big on Your App Development Costs?

It’s clear that using MVP in your software development process can lead to huge savings. From cutting down on unnecessary features to launching faster and more efficiently, MVP is the key to reducing the cost of developing an app in UK and globally.

But the big question is: Are you ready to start building your app the smart way?

At VTS Software Ltd, we’re eager to partner with you and guide your business through the MVP process. Whether you’re a small startup or a larger organization, we have the experience and expertise to help you reduce your app development company cost and get your app to market faster than you ever thought possible.

So, what are you waiting for? Go to our contact form and get a free consultancy for your business. Let’s start developing your Minimum Viable Product today and save you time, money, and effort in the process. It’s time to make your software development process cheaper, smarter, and more successful.

The future of your business starts with a single decision. Let’s make that decision together.



References

  1. Harvard Business Review (2016). “The Lean Startup: A Method for Developing Products Efficiently”. Harvard Business Review.
  2. Eric Ries. The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. Crown Business, 2011.
  3. Startup Genome Report. The 2019 State of Startups: Understanding the Most Effective Business Models in the Startup Ecosystem.
  4. McKinsey & Company. “Why MVPs are the Future of Agile Development”. McKinsey Insights, 2017.
  5. State of Startups 2019, Global Research on the Startup Ecosystem.

Author: Mateusz Chmielewski

Senior software developer at VTS Software.

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