A Minimum Viable Product (MVP) is a simple, functional model of a new product created with the least possible resources. The goal of an MVP is to quickly bring a product to market to gather initial reactions and feedback from real users. Only features that are absolutely necessary for the primary purpose are implemented. This allows companies to early determine if their idea is well-received and what needs improvement. Based on user feedback, the product can be gradually improved. Thus, an MVP helps to avoid unnecessary risks and make product development more efficient by saving resources.