I'm building a social commerce payments platform called KuwaPay that will allow users you shop directly from social media platforms like Instagram, Facebook, Snapchat, etc. So I made an MVP, it's a link to a checkout page where customers can buy products in a few clicks and brands can use that in their ads or stories and highlights.
First, how do social media platforms like Instagram and others allow me to integrate my payments app on their platform? And what other feature you as a buyer or seller would like to use in it? Shopping through social media (social commerce) is a big opportunity in the next few years as I have tried to make an Instagram store. I am building on the problems I faced as a seller and buyer.
Share your thoughts on this. Your advice would help me a lot thank you.
1. You built something but it’s not an MVP. It's an early prototype. There will be more before you get to an MVP.
2. You need to research your target social media application fully to understand the requirements for your product. Talk to them. Research them online. Read about developing with their platform. Understand the limitations and permissions for doing what you intend to do.
3. Talk to users of the target social media platform. How do they do business? How might you provide value to them?
4. Compare your concept to other payment platforms: PayPal, credit cards, Apple Pay, Square, etc. How is your product different? How is it more valuable to the customer?
5. When you have answers to all of these questions and you have analyzed all of the research data, THEN you will have enough information to decide if you go to the next step which is building a set of requirements that will then drive the development of a MVP.
Good luck and be well.