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One of the key strategies for very early stage companies, for new product developers, or lean practitioners, is the concept of the “MinimumViableProduct.” ” It’s a very customer centric approach in launching new products. Each of us has a goal for these, reporting them each week.
But for many marketers out there, the tough part about A/B testing is often finding the right test to drive the biggest impact -- especially when you’re just getting started. So, what’s the recipe for high-impact success? million copies in the first two weeks of its launch last year. Electronic Arts.
It’s certainly the way that Dan positions it above, but it can easily be applied to bigger companies looking to test new product ideas, feature ideas, service ideas, etc. Dan’s process proposes something very interesting: that there’s something wrong with the current minimumviableproduct (MVP) concept.
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