Do you have a brilliant app idea and want to make it real?
Today, in this digital world, building apps for various products and services is quite common for continuous profits.
Prior to developing any app, creating an MVP is an important step. A product’s “minimum viable version” (MVP) is its most basic, fundamental form. Its goal is to assess the potential of a given product concept.
To create a compelling MVP, Flutter is an excellent choice because it allows developers to create high-quality, well-performing, and visually appealing applications in a short amount of time. This is especially useful for startups or businesses looking to test their ideas quickly and efficiently.
In this context, Flutter’s ability to create apps that run on multiple platforms with a single codebase makes it an ideal tool for building MVPs that can be deployed across a wide range of devices.
Before heading toward MVP development, Let’s jump straight to some statistics related to MVP (Minimum Viable Product) development.
1. According to a report by Eric Ries, 75% of start-ups fail to achieve their goals due to premature scaling. Building an MVP can help start-ups avoid premature scaling by focusing on the essential features of their product.
2. According to a report by CB Insights, 42% of startups fail due to a lack of market fit, making MVP development a crucial step in validating a product’s market fit before investing significant resources into it.
3. According to a study by the Standish Group, a project with a smaller scope and shorter timelines have a higher success rate than large, complex projects.
4. A study by Harvard Business depicted that startups that focused on building an MVP were able to launch their product 6-12 months faster than those who did not.
What is MVP Development?
MVP (Minimum Viable Product) development is a product development technique that allows organizations to test their ideas with limited resources, time, and effort. The purpose of MVP development is to produce a product with enough functionality to validate market demand and solve a genuine problem while reducing launch time and expense.
The MVP development method entails producing a basic version of the product with key features and functionalities that can be rapidly produced, tested, and validated in the market. This method enables organizations to collect feedback and insights from early adopters, which can then be utilized to improve the product in future editions.
Startups and enterprises frequently utilize Minimum Viable Product development to verify their ideas and ensure that they are creating a product that people will use and pay for. It enables businesses to evaluate market demand for their product and verify its viability before committing major resources to full-fledged product development.
Now, let’s find some benefits of MVP development.
Benefits of MVP Development
The Minimum Viable Product Development phenomenon is a modern digital concept utilized by many startups and entrepreneurs to quickly develop and launch a product with the bare minimum of functionality necessary to satisfy early users and gather feedback for future development.
These are a few advantages of MVP development:
1. Minimal Development Cost
MVP development is a cost-effective approach to building a successful app. By focusing on creating only the essential features, MVP development reduces app development costs significantly. This approach allows for early user feedback, which helps refine the app before adding additional features, saving time and money in the long run.
With MVP development, developers can also test the market demand for the app and adjust the development plan accordingly, avoiding costly mistakes. Ultimately, MVP development is a smart way to create a functional app without over-investing resources in non-essential functions.
2. Reduce Development Time
You all will accept that time is money. Time is the most important factor when it comes to product development. If we talk about creating the product as a whole, it can be very time-consuming which means it may take years to reap profits.
However, building an MVP first will deliver your product to the market at the earliest, which will eventually lead to more money. Until the time your original product comes to market, you may generate profits within a few weeks or months using MVP.
3. Get Your Idea Validated from the Beginning
MVP development helps you to validate your idea from the beginning by testing market demand, refining your product, reducing risks, enhancing product market fit, and getting valuable insights. By launching a minimum version of the product, you can quickly gather feedback from potential customers and avoid investing too much time and money to validate your idea.
4. Attract Investors
MVP development is recognized as a powerful strategy to attract investors since it exhibits proof of concept, traction, and assumption validation, decreases risk, and displays resource efficiency.
By releasing an MVP, you boost your potential to attract the right investors to assist you in taking your product to the next level. When investors would come to know about your highly capable product through your MVP, they will not hesitate to invest in it.
After knowing the MVP development benefits, Let’s quickly understand Flutter.
What is Flutter?
Flutter is an open-source UI toolkit created by Google for building natively compiled applications for mobile, web, and desktop platforms. In 2017, Google released the initial version of Flutter.
Flutter has gained immense popularity among developers due to its fast development cycle, expressive, and flexible user interface designs. It also provides a rich set of pre-built widgets, which can be customized and extended to meet specific design and functionality requirements, thus speeding up development time and reducing the financial outlay for market research while still receiving valuable data.
It enables developers to create native-looking apps for both the Android and iOS platforms with a single codebase. The primary feature of Flutter is its “hot reload” capabilities, which allow developers to make changes to the code and quickly see the outcomes on the app without having to wait for a full rebuild.
There is no denying the fact that Flutter is a stepping stone toward the eventual scalability required of a finished product.
Are you interested in discovering the benefits of selecting Flutter for MVP development? Look no further, as we have compiled a list of advantages below. Keep reading to find out all the answers to your questions.
Why Choose Flutter For MVP Development?
MVP, as explained above offers a minimum set of features required to satisfy early customers. With the choice of the right development framework like Flutter, the chances of success increase manifold.
Let’s explore the reasons why Flutter is best for MVP development:
1. Cost-Effective Development
The flexibility of Flutter to generate apps for both the Android and iOS platforms from a single codebase makes it a cost-effective choice for MVP development. You just need to create one codebase which can be reused across multiple platforms, this ultimately cuts development costs and time in half.
Moreover, since Flutter supports cross-platform development, it requires fewer developers to create an MVP. This minimizes the number of resources required for development, potentially saving money.
2. Fast Development
The “hot reload” feature of Flutter allows developers to make changes to the code and quickly see the consequences on the app without having to wait for a full rebuild. This functionality drastically lowers development time, allowing you to get your MVP to market more quickly.
In addition to this, it has a large collection of pre-built widgets that may be tweaked to build aesthetically pleasing and engaging user interfaces. These widgets drastically save development time and allow for faster MVP prototyping.
3. Native-like Performance
Native app development is an expensive endeavor for companies with deep pockets. Yet, app costs in a small company are typically quite limited. There needs to be a way for small businesses to create hybrid apps that run smoothly and provide a satisfying user experience.
Flutter can perform each of these. Its Dart programming language and widget framework allow it to achieve native-like performance across several platforms. Flutter compiles code into native ARM code, which runs on the device’s hardware directly. This improves the app’s speed, responsiveness, and overall usability.
4. Better Scalability
Flutter provides better scalability in terms of cross-platform development, a wide range of customizable widgets, code reusability, more responsiveness, etc. Flutter developers can create unique UI designs that meet the needs of MVP.
Further, it becomes easy to build a scalable MVP that can adapt to changing business requirements.
5. Required Minimum Resources
As explained in one of the above-mentioned points, Flutter supports cross-platform development and thus requires minimum resources and developers to develop an MVP.
Our expert Flutter developers shared some impeccable benefits of Flutter and why it is best for MVP development. If you are interested in getting more insight into it, contact us now.
How Much Does It Cost to Develop an MVP Using Flutter?
The MVP development cost using Flutter can vary based on several factors, such as the complexity of the MVP, the features included, and the development team’s hourly rate.
However, Flutter can help reduce development costs due to its fast development time and cross-platform capabilities.
Here are some estimated costs based on different factors to develop an MVP using Flutter:
1. Based on the Features and Complexity Level of the App
Simple MVP:- A simple MVP can cost between $10,000 to $25,000. A simple version would have basic features and functionality, such as user registration, login, and a few core features.
Medium Complexity MVP:- A medium MVP can cost between $25,000 to $50,000 and it may include more complex features such as payment integration, user profile customization, and third-party API integration.
High Complexity MVP:- A high complex MVP can cost between $50,000 to $150,000 or more. Such MVP may include advanced features such as real-time chat, social media integration, and advanced data analytics.
The cost of developing an MVP using Flutter will vary as per the number of features. MVP with fewer features will cost lesser, whereas that with more features will cost higher.
2. Location of Developers
The hourly pay for a Flutter developer varies by geographical location. The location from which you recruit the Flutter development team will have a significant impact on your estimation. For example, developers in the United States charge roughly between $150-$200/hour whereas those in India, and Ukraine charge between $25-$50/hour.
Apart from these, there are many other factors that are held responsible for deciding the cost of MVP development using Flutter. If you want to know the exact cost, You can contact our Business Analysts teams for a detailed estimate based on your requirements.
How Long Should It Take to Develop an MVP Using Flutter?
Compared to the development of a full-fledged app, MVP development takes less span of time to build a product with minimum features for users.
On average, developing an MVP with Flutter takes between 4 to 6 months. The time it takes to create a Minimum Viable Product depends on various factors:
The project’s complexity- The more complex MVP will take more time and vice versa.
Degree of expertise- Developers with top-notch skills and expertise in Flutter will definitely take less time to build MVP as compared to novice Flutter developers.
However, it is also crucial to highlight that creating an MVP necessitates meticulous preparation and a thorough grasp of the project’s needs. Rushing the development process might result in poor quality and, eventually, product failure.
As a result, it is critical to plan and design the product, build and test the code, and iterate on the product to ensure it satisfies market demands.
How Can We Help You with MVP Development Using Flutter?
As a leading Flutter app development company, our expertise lies in building a minimal viable product (MVP) using your requirements. The ultimate goal is to produce the right minimal product that serves the customers at its best and identifies product-market fit as early as possible through the prudent use of resources.
AGS has expert Flutter app developers teams, who leave no stone unturned in delivering top-notch MVP development services. We value our clients’ time and work diligently to produce a functional model in as few weeks as feasible.
To meet your growing market demands and improve your return on investment, we offer a cutting-edge minimum viable product with an intuitive interface. We are eager to share our knowledge and experience to help your business flourish.
As Flutter offers cross-platform app development, businesses can create web and mobile applications from a single codebase. It offers uniformity in design and is an open source, it saves time, resources, and money.
Overall, Flutter’s capabilities make it an attractive option for MVP development, allowing businesses and startups to rapidly create and deploy applications that meet their specific needs while delivering a polished user experience.
Get in touch with us and share your business idea to transform it into reality!
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Frequently Asked Questions
1. Why Do Startups Need an MVP?
A minimum viable product, or MVP, enables startups to test the market demand for their product before learning whether or not people desire it and will use it without committing enormous sums of money. Based on these realizations, your startup can either reconstruct the product solution to enable more market distinctiveness or develop something completely new.
2. What are the Benefits of MVP Development?
Building minimum viable products has various uses for businesses. If you have a product based on an already proven concept, you can get it to market fast and on a tight budget. These advantages of the MVP method make it possible for companies to solicit and incorporate customer feedback into developing their core offering.
1. Minimal Development Cost
2. Reduce Development Time
3. Get Your Idea Validated from the Beginning
4. Attract Investors
3. What Makes Flutter the Best Choice for MVP development?
As a free, robust, and cross-platform app development framework, Flutter is ideal for developing MVPs. The less time spent on each procedure step, the quicker and easier it will be. As a bonus, Flutter is compatible with Firebase and offers many opportunities for creating MVPs.
1. Scalability and Adaptivity
2. Quicker Development Lowers the Expense
3. Need for fewer Resources
4. How Do you Develop a Successful MVP?
The following are the four obvious and uncomplicated steps that make up the “How Do You Build a Successful MVP Show on the Road” presentation:
1. Studying the market
2. Determine your unique selling propositions
3. Establish your user journeys
4. Make your vision a reality (sort of)
5. How Flutter Reduces the Cost of MVP Development?
Flutter reduces the cost of MVP development in several ways. With Flutter, developers can create cross-platform apps for both Android and iOS using a single codebase. Its hot reload feature allows developers to quickly make changes to the code and see the results in real time, which saves time and cost. Additionally, Flutter provides pre-built widgets, which means developers don’t have to spend time creating custom widgets. Being open-source and offering faster development time are other benefits that contribute to reducing the cost of MVP development.
6. How Much Does It Cost to Develop an MVP Using Flutter?
The MVP development cost using Flutter can vary based on several factors, such as the complexity of the MVP, the features included, and the development team’s hourly rate. Yet, an average cost could range from $10,000 to $150,000. If you want to know the exact cost, You can contact our Business Analysts teams for a detailed estimate based on your requirements.
7. How Long Should It Take to Develop an MVP Using Flutter?
The time it takes to create a Minimum Viable Product depends on various factors. On average, developing an MVP using Flutter takes between 4 to 6 months.