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

Starting with an MVP

Companies that are focused on their products typically believe that releasing an MVP to the market (or, in the case of an internal API, to production) as soon as possible and then continuously iterating based on developer feedback is the ideal strategy. By shifting to a product-first mentality, businesses can rapidly test out new ideas across the board and adjust their spending based on what works and what doesn’t.

Since an API management layer can help separate the quick development of apps and the onboarding of new partners from the slower, more rigid processes of the company, an API-driven organization may be more agile than its more traditional counterpart.

However, developing an API isn’t enough to make a company more agile. Many corporations lack the infrastructure to accept internet-scale partners into their annual project plans. The sales, marketing, and finance departments, among others, may have developed their own rhythms over time...