Planning to build and launch a business in technology, but want to test the market fit and consumer demand before pouring in all your financial resources? You’re not alone. So many investors like you have an epic idea that could transform the ecosystem in their sector – but they either lack proper market research or financial resources to ever materialize the idea in face of a website, mobile app or a software platform. For such entrepreneurs, here are top 9 ideas that you can launch as MVPs – minimum viable products with only essential features and then scale the capacity with the revenue earned from the MVP.
1. Home Services Marketplace
Create a platform where users can find and book local home service providers such as plumbers, electricians, cleaners, and handymen. Include features for service provider profiles, booking appointments, secure payments, and customer reviews.
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While such platforms already exist, you can differentiate by verifying service provider profiles, adding reviews on the buyer side, giving more information security and privacy and expanding the categories of services.
Now you can launch this MVP on two platforms: a mobile app or a mobile responsive website – the mobile app option however, is better because of accessibility.
2. Commercial Property Marketplace
This is a real estate platform where you niche down to offer only commercial property listings to a target audience that is interested in buying and renting office spaces, construction sites, event places etc.
Again, for this idea you can either choose one of the top website development in dubai, a service provider called CMOLDS and come up with a web-based platform or develop a mobile app. If you’ll start with an MVP development process, these mobile and website products will cost you around AED 8000, with limited functionalities of course. You can test the market response, update and scale accordingly.
3. Virtual Fashion Styling Platform
If you are a fashion enthusiast yourself and want to develop a software that solves the dressing dilemma, you can develop an AI and VR-based app that offers virtual fashion styling services, allowing users to receive personalized outfit recommendations and styling tips from professional stylists.
For accessibility, you’ll have to provide features for uploading photos, chatting with stylists, and purchasing recommended clothing items.
This idea should ideally be developed into a mobile app. However, a mobile app development company Dubai will charge you between AED 55,000 to 85,000 to build the basic version of this mobile app because of the AI capacities and Virtual Reality frameworks.
4. Smart Home Automation On-demand Services
You have heard of typical on-demand services for example laundry, home cleaning, salon and spa, cooking and lawn mowing – now recall how profitable these services are even when the ticket size of each service is considerably small.
Now you can introduce a smart home automation service in an on-demand solution model – buyers looking to transform their homes with smart systems can look for service providers on your mobile app, book, pay online, leave reviews and so on.
Provide features like in-app messaging, secure payments, recurring bookings, discounts and loyalty programs to further enhance the experience. This mobile app development process will cost between AED 35,000 to AED 40,000.
5. Community-Based Carpooling App
Build a mobile app for organizing community-based carpooling services, connecting users who share similar commuting routes. Provide features for scheduling rides, setting pickup/drop-off points, and splitting costs among passengers.
Consider making a backend infrastructure that also works on low connectivity. Also this app would require an in-app messaging feature, a real-time location setup and online payment method.
6. Eco-Friendly Product Marketplace
Develop a platform for buying and selling eco-friendly and sustainable products, ranging from organic skincare products to reusable household items. Include features for product listings, user reviews, and educational resources on eco-friendly living.
Introduce this marketplace as a web-based platform, gather buyers and sellers, register at least 2K profiles, affiliate with other responsible sourcing and production brands – and when you hit specific revenue targets, scale by introducing a mobile app with ecommerce facilities.
7. Virtual Event Hosting Platform
Create a platform for hosting virtual events, conferences, and webinars, offering features such as event registration, live streaming, interactive Q&A sessions, and networking opportunities for attendees.
On this platform, you can even sell services of human and AI event hosts and moderators. This setup should be relatively easier and faster to build with existing video conferencing APIs available.
8. Online Mental Health Support Community
Develop a website and app for creating an online community and support network for individuals seeking mental health resources and peer support. While we already have such platforms that do more or less the same thing, you can narrow down your audience, and niche your idea by selecting a specific mental health condition, like ADHD, stress, anxiety and offer support for that condition.
You can provide features for anonymous discussion forums, access to mental health professionals, and self-help resources. An online forum like this one would cost you AED 25,000 in the beginning, but when scaling, you’ll need more load handling and data processing capacities so it will go up around AED 45,000.
9. Customized Meal Planning App
With sedentary lifestyles in the middle east, and so many professionals now becoming more conscious of what they are eating, a meal plan service could actually help a lot. You can build a mobile app that offers personalized meal planning services, helps users create custom meal plans based on their dietary preferences, nutritional goals, and budget.
You can include features for recipe suggestions, grocery shopping lists, and meal tracking. Later on, you can integrate ecommerce capacities, online payment methods and affiliate programs to boost the monetization opportunities for this business.
So this list of MVP-based technology business ideas ends here. If you’re still here and estimating the cost of development, you have already taken your first step towards smart business management. Now conduct thorough market research, make a product development strategy, hire a team for development, launch your website and mobile app, and analyze its performance regularly to acquire more users.