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API Analytics for Product Managers

API Analytics for Product Managers

By : Deepa Goyal
4.1 (7)
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API Analytics for Product Managers

API Analytics for Product Managers

4.1 (7)
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)
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21
The API Analytics Cheat Sheet

API as a Product

Most application programming interfaces (APIs) are sets of rules and protocols that allow different software applications to communicate with each other. They allow different software programs to interact with each other by exposing the functionality and data through a set of defined interfaces.

APIs are important because they allow different software programs to share data and functionality, which can greatly increase efficiency and reduce development time. They also allow for the integration of new technologies and services into existing systems, making it easier to add new features and capabilities.

APIs are becoming increasingly important in today’s digital economy as they allow companies to share data and services with partners and third-party developers to create new products and services. They also allow for the automation of business processes and the creation of new revenue streams.

In this chapter, you will learn how to think about APIs as products. We will cover the following topics:

  • Building with APIs
  • Software-as-a-Service
  • Establishing APIs as products
  • Types of APIs
  • Business models for API products
  • Who builds APIs and who uses them?
  • Notable API products that are shaping the API landscape
  • Defining success for a product

By the end of this chapter, you will have learned about how you can think of APIs as products, how APIs are establishing themselves as a category of products, and some of the most prominent API products.

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