MVP and Niche Testing

Distinction

Validate your business ideas, test niche potential, and develop a Minimum Viable Product (MVP) efficiently before full-scale launch.

Hands-On MVP Development
Data-Driven Testing
Niche Market Evaluation
Real-World Case Studies
SIMI Swiss Certification

Program in detail

Validate your business ideas, test niche potential, and develop a Minimum Viable Product (MVP) efficiently before full-scale launch.

Course Overview
What Makes This Course Unique?
  • Hands-On MVP Development: Learn how to create an MVP with minimal resources.
  • Data-Driven Testing: Leverage A/B testing, heatmaps, and customer feedback for validation.
  • Niche Market Evaluation: Identify and assess profitable niches before investment.
  • Real-World Case Studies: Learn from successful startups that used MVP strategies effectively.
Module 1: MVP – Building a Minimum Viable Product
Lesson 1: What is an MVP?
  • Definition and importance of a Minimum Viable Product
  • Why an MVP reduces risk and accelerates business validation
  • Examples of successful MVPs (Airbnb, Dropbox, Zappos)
  • Case Study: How Airbnb tested its business model with an MVP
    Exercise: Outline an MVP for your own product idea
Lesson 2: Metrics and Analysis for MVP Success
  • How to define Key Performance Indicators (KPIs) for an MVP
  • The Pirate Metrics Framework (AARRR):
    • Acquisition
    • Activation
    • Retention
    • Revenue
    • Referral
  • Tools for tracking MVP success (Google Analytics, Mixpanel, Hotjar)
    Exercise: Identify 3 essential metrics for your MVP and explain why they matter
Lesson 3: Applying MVP Principles
  • Strategies for launching a no-code MVP using existing platforms
  • Iterative development: How to pivot based on user feedback
  • When to move from MVP to a full product launch
  • Case Study: How Slack pivoted its MVP before becoming a billion-dollar company
    Exercise: Plan a MVP test cycle, including launch, data collection, and iteration
Module 2: From Concept to Creation
Lesson 4: Product Sourcing
  • Finding suppliers for physical or digital products
  • Dropshipping vs. self-manufacturing vs. white-labeling
  • Negotiation techniques for small-batch production
  • Case Study: How Gymshark scaled from a small startup to a billion-dollar brand
    Exercise: Research and list 3 suppliers for an MVP product
Lesson 5: Building Your MVP Website
  • Choosing the right website platform (WordPress, Shopify, Webflow, or No-Code tools)
  • Essential components of an MVP landing page:
    • Clear Value Proposition
    • Call to Action (CTA)
    • Lead capture forms
    • Pricing experiments
  • Case Study: How Buffer built an MVP website without a product
    Exercise: Design a wireframe for your MVP website using a tool like Figma or Canva
Module 3: Testing Methods
Lesson 6: A/B Testing
  • The science of A/B testing and why it’s critical for startups
  • What to test: headlines, CTAs, pricing, email campaigns
  • Tools for running A/B tests (Google Optimize, Optimizely, VWO)
  • Case Study: How Netflix optimized user engagement with A/B testing
    Exercise: Plan a simple A/B test for an MVP landing page
Lesson 7: Heatmaps and Click Tracking
  • How heatmaps reveal user behavior on a website
  • Using Hotjar and Crazy Egg to analyze visitor interactions
  • Identifying friction points and improving conversion rates
  • Case Study: How e-commerce brands optimize conversion rates with heatmaps
    Exercise: Analyze a heatmap report and suggest improvements
Lesson 8: Evaluating MVP Success
  • Analyzing test results and identifying patterns in user behavior
  • When to scale, pivot, or abandon an MVP idea
  • Creating a data-driven decision-making framework
  • Case Study: How Twitter pivoted based on MVP feedback
    Exercise: Write a post-launch report summarizing MVP test results
Final Project & Certification
  • MVP Launch Report: Plan and execute a small MVP test
  • Customer Behavior Analysis: Gather real-world user feedback and data
  • Optimization Strategy: Suggest changes based on test results
  • Presentation & Certification: Submit findings for certification of completion
Who Should Enroll?
This course is ideal for:
  • Entrepreneurs launching a startup or new product
  • Marketers testing ideas before full investment
  • Business professionals looking to validate niche markets
  • Anyone interested in lean startup principles
Books, Videos and References
Recommended Books & Resources:
  • The Lean Startup – Eric Ries
    Learn the scientific approach to building startups with MVP validation.
    Read More
  • Testing Business Ideas – David J. Bland & Alexander Osterwalder
    Discover 44 experiments to rapidly test your ideas before investing too much time or money.
    Read More
  • The Mom Test – Rob Fitzpatrick
    A guide to asking customers the right questions to validate your business idea.
    Read More
  • The Right It – Alberto Savoia
    Why most ideas fail and how to test them before launching.
    Read More
Videos & Case Studies:
  • What is an MVP? Explained with Examples
    Watch
  • How Airbnb Started with an MVP
    Watch
  • The Power of A/B Testing in Business Growth
    Watch
Research Papers & Articles:
  • MVP Development and Lean Startup Strategies – Harvard Business Review
    Read
  • The Role of Data in Early-Stage Business Validation – MIT Sloan Review
    Read
  • Why A/B Testing is Essential for Startups – Journal of Business Strategy
    Read

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Address

Blegistrasse 7, 6340 Baar,
Switzerland

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    The first AI Institute in Switzerland focuses on research, development, and training in AI applications, as a member of SIMI Swiss.