Book Image

Building an API Product

By : Bruno Pedro
Book Image

Building an API Product

By: Bruno Pedro

Overview of this book

The exponential increase in the number of APIs is evidence of their widespread adoption by companies seeking to deliver value to users across diverse industries, making the art of building successful APIs an invaluable skill for anyone involved in product development. With this comprehensive guide, you’ll walk through the entire process of planning, designing, implementing, releasing, and maintaining successful API products. You’ll start by exploring all aspects of APIs, including their types, technologies, protocols, and lifecycle stages. Next, you’ll learn how to define an API strategy and identify business objectives, user personas, and jobs-to-be-done (JTBD). With these skills, you’ll delve into designing and validating API capabilities to create a machine-readable API definition. As you advance, the book helps you understand how to choose the right language and framework for securely releasing an API server and offers insights into analyzing API usage metrics, improving performance, and creating compelling documentation that users love. Finally, you’ll discover ways to support users, manage versions, and communicate changes or the retirement of an API. By the end of this API development book, you’ll have the confidence and skills to create API products that truly stand out in the market.
Table of Contents (26 chapters)
1
Part 1:The API Product
6
Part 2:Designing an API Product
11
Part 3:Implementing an API Product
16
Part 4:Releasing an API Product
20
Part 5:Maintaining an API Product

Monetization models

There are many ways in which you can make money with your API. In 2013, John Musser, an API expert, presented 20 possible business models that APIs can follow. According to Musser, API business models evolved from four basic categories. APIs can be free to use, developers can pay for usage, companies can pay developers, or businesses can generate revenue indirectly from usage. The critical takeaway from Musser’s presentation is that there is more than one way to generate value from an API and break even. I went through all those 20 business models and summarized them into the three most important categories to understand in the context of API-as-a-Product. The main characteristic of an API-as-a-Product is that the API is the only product being offered. In other words, the API is not supporting other parts of the product, so it’s simpler to identify the monetization models that make sense to adopt. Keep reading to learn the difference between the freemium...