As of 2022, nearly 3 million apps are available for download on the Google Play Store. And of all people, millennials are the most active app users, with 21% opening an app 50 or more times per day.
Your analytics will reveal that most website traffic comes from mobile users. That’s why startups today want to ensure their presence on the mobile platform as long as their idea and the problem they intend to solve are feasible with a mobile app.
But here’s the catch, a growing app market can mean something other than that your new app will succeed. Especially for startups, you will know if your application will grow once you test it. Does this imply that you should invest in full-fledged development? Not quite.
There is another solution that is quite a buzzword in the industry! Many startups and app market legends, such as Spotify, Uber, Instagram, and Dropbox, have succeeded through the MVP approach. And Low-code MVPs can be especially beneficial for mobile startups working on a limited budget or timeline.
If you’re considering this approach for your startup, we recommend reading this post to learn more about it.
Why is Low Code MVP essential for mobile-based startups?
Before we get into the details, let’s talk about what an MVP and a low-code MVP are.
MVP is the primary product version you build to understand your audience better. It helps the audience know the product and what to expect from it. On the other hand, it helps businesses realize the actual value of the product and its feasibility.
MVPs allow you to determine:
- if your users are ready for the product,
- if they’ll be interested in using your solution, and
- what the scope is for scaling the product.
If you get enough insights from the users of the no-code MVP, it may be worth investing in a full-fledged solution.
A Low code MVP performs the same function but involves less to no code in its creation, which comes with additional benefits for startups and small businesses since they are more efficient and cost less.
In fact, it is considered one of the quickest and most established routes to success, whether a new product or a feature upgrade.
Now let’s discuss the benefits!
Benefits of Low code MVP in mobile-based startups
Higher efficiency
As we saw earlier, No-code and low-code platforms appeal to startups because they offer ready-made tools, reusable code, pre-built integrations, and templates for various development scenarios.
According to Gartner, by 2024, 65% of development functions will be low-code.
Some solutions include in-depth analytics, monitoring, and A/B testing features to optimize system performance. Plus, they support integrations with third-party services and comply with various industry standards.
Sounds terrific, right? But wait, there is more.
Cost-saving
Efficient and costs less? What can be better than this combination?!
Low code development tools help enterprises reduce their costs by up to 84% by allowing them to spend less money hiring professional development teams, cloud specialists, and other technical jobs. Businesses also don’t need to invest in expensive hardware infrastructure, development software, and licenses.
On top of that, these tools let you build your low-code MVP with less effort.
Faster deployment
IDC found that these organizations have reduced their development lifecycle for new applications by 62% and new features by 72%, respectively.
Low-code solutions improve your company’s agility by making it easier to reuse modules and code templates, create your MVP, and get feedback from users more quickly.
All of this means that you can attract potential investors faster than your competition and get a head start on solving the issues that are holding you back, and you are all set for launch in less than half the time. Now that’s exciting!
MVP helps you identify the market demand and evaluate the customer experience.
Being a startup founder, you prefer to test and validate your product idea by creating an MVP. The concept may seem promising regarding projections and visual designs, but the actual proof of concept interacts with a tangible application.
Customer feedback is crucial, as it allows you to identify your product’s most and least appealing sides.
The reversibility, or being able to go back to make changes, is one of the key reasons why MVP development is popular among startups. If any functions are unnecessary or have bugs, fixing them or adding new features during the quality assurance testing process is much easier. This flexibility helps to implement updates smoothly and bring the release date closer.
Limitations of Low code MVP & Setting the right expectations
Like all tools, despite their benefits, developing MVPs has limitations concerning drawbacks.
Here are the primary things you must consider:
- Technical constraints
No-code and low-code platforms might not support the features you want in your app. You might need to resort to custom development tools to overcome some restrictions.
- Vendor lock-in
Your app can become locked into the vendor’s proprietary technology stack and lack access to the source code. So, migrating your MVP to another low-code platform will become too costly.
The most typical and crucial mistakes startups make during MVP development are fixating on minor imperfections, needing more feedback, ignoring analytics, and needing more time for release.
Developing an MVP using no-code and low-code platforms does not guarantee affordability and timeliness unless you keep the limitations in mind and stand clear of any mistakes that might happen.
DIY vs. Professional Services: Which is better?
If you are a startup, low code should assist you in delivering an MVP to market with as few resources as possible. And if you are an established brand and want to try out a new feature on your app, low code MVP can also benefit you.
On the other hand, just building an MVP does not guarantee success. Business owners must remember that creating a no-code or low-code MVP is a quick way to test their business idea, not a magic switch that improves everything about your app.
Your apps rely on coding methodology and management practices to succeed. Furthermore, your team may still need to do some custom coding to overcome the limitations of low-code technologies.
If you believe you require the assistance of an experienced software development company’s assistance, don’t hesitate to get in touch with us. We’ll make your MVP development truly affordable.