Melissa Perri tells us that minimum Viable Products are an answer to a question, a solution to a perceived problem that users have. Product teams experiment with solutions to learn more about their customers and the feasibility of their proposed solutions. They experiment, explains Product Manager and UX Designer, Melissa Perri, to solve two things before they build:
Problem-Solution Fit: Does this problem exist and can I solve it?
Product-Market Fit: Is my product desirable in the market?
Product teams learn through experimentation, and though these experiments may result in more failures than successes, the process of questioning, experimenting, and testing will hone the final product vision and strategy.