How an Offshore Development Team Can Help Startups
Agile Product Cycles. Out-hustling competition for Investments and Customers. Quicker Iterations.
All these are aspects of product runs that SaaS startups across the globe are all too familiar with.
With increasing demands of consumers and cut-throat competition, entrepreneurs have a clear call to battle. Present market-ready services and products fast. Or perish.
Fortunately, budding startups and innovators can attain this level of agility and innovation using the MVP approach.
You know. Whiteboard your vision. Create a product feature base. And create an MVP. Then off to the Alpha+Beta test runs and investment pitch decks.
With the help of a Minimum Viable Product (MVP), founders can provide appealing features to potential customers and investors quickly while not investing a fortune in developing the actual product. By doing so, they are able to test the market and get feedback to develop their ideas into tangible and desirable products.
From Facebook to Amazon, Airbnb to Uber, most big brands embarked on their journey to disrupt their markets using an MVP and became today’s globally recognized brands.
Let’s take a quick glimpse at what an outsourced MVP can offer your business and how you can develop it effectively with the help of an Offshore Development Company.
Reduction in Cost
Though this is not necessarily a good reason to work with an Offshore Development company, you shouldn’t ignore the potential cost savings over establishing an in-house team.
For instance, Netsmartz specializes in working with product and SaaS firms to fast-track their development frames and deliver effective codebases.
The process works well for both bootstrapped and funded startups — ones that are looking for a Star developer or entire teams.
A Second Viewpoint = Improved Product
Development teams that specialize in MVP development know what works in the real world and what does not. They have experience creating thousands of products and can tell you more about how to refine your idea or what the initial product needs.
- Your expectations from them are sound
- The scope is flexible in terms of maintenance or scaling
- Talent and requirements are On-Demand and easily reduced or increased
Build. Ship. Test. x5 faster.
By the time your competition finishes hiring for key development profiles, you can bring their ideas to life. Secure a competitive edge.
If you won’t, someone else will do it before you.
Delivering these products fast enough to serve the consumer’s demands is the key to steal the limelight.
- You can iterate pretty dang quickly.
- Your work and prudence are pretty evident for when you start going for seed rounds and funding.
Reduced Attrition Costs
Super developers are not dime a dozen. Talented and Motivated developers less so.
By offshoring preliminary development you can boot your vision, understand the feedback and develop further without having the fear of losing out on developers haunt you.
We know well how tedious and bothersome the initial years can be.
So why wouldn’t you set up a solid basis on which you can grow and scale.
You can read more about Offshoring, Remote Teams and Outsourcing for Startups, and SaaS firms here.