Book Image

API Analytics for Product Managers

By : Deepa Goyal
Book Image

API Analytics for Product Managers

By: Deepa Goyal

Overview of this book

APIs are crucial in the modern market as they allow faster innovation. But have you ever considered your APIs as products for revenue generation? API Analytics for Product Managers takes you through the benefits of efficient researching, strategizing, marketing, and continuously measuring the effectiveness of your APIs to help grow both B2B and B2C SaaS companies. Once you've been introduced to the concept of an API as a product, this fast-paced guide will show you how to establish metrics for activation, retention, engagement, and usage of your API products, as well as metrics to measure the reach and effectiveness of documentation—an often-overlooked aspect of development. Of course, it's not all about the product—as any good product manager knows; you need to understand your customers’ needs, expectations, and satisfaction too. Once you've gathered your data, you’ll need to be able to derive actionable insights from it. This is where the book covers the advanced concepts of leading and lagging metrics, removing bias from the metric-setting process, and bringing metrics together to establish long- and short-term goals. By the end of this book, you'll be perfectly placed to apply product management methodologies to the building and scaling of revenue-generating APIs.
Table of Contents (24 chapters)
21
The API Analytics Cheat Sheet

Drawing the Big Picture with Data

In Part 3, we learned about the variety of product metrics you can set across infrastructure, product experience, and business metrics. But each metric only shows you a part of the big picture. To understand the full context, you have to view different metrics in relation to each other. Metrics can be used to figure out how the product is doing, find ways to improve it, and set goals for the different teams.

As you now know, application programming interfaces (APIs) are built, distributed, and supported by a number of different teams. All these teams and stakeholders have their own set of focused goals they track and optimize. However, as the product manager, you need to understand how these metrics relate to each other so that you can understand how product changes impact the metrics that some of the other teams might be following.

In this chapter, you will learn about the various methodologies used for establishing key metrics across organizations...