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

Defining business metrics

In a small organization, the CEO of the company is often the default product manager. In medium-sized organizations, there are multiple product managers managing different aspects of the product. And in big companies, there are teams of product managers who are in charge of the different products and their features. Depending on the size of the product team you are part of, you might not have full ownership or visibility into all of the business metrics being measured and monitored across the organization, but it’s important to learn about business metrics so that you can understand the priorities that are being communicated to your team.

Business metrics include measuring the financial impact of the product as well as the efficiency and effectiveness of things such as marketing, sales, and operations that don’t have to do with product development. With metrics such as revenue, adoption, and churn, you can figure out how much your product...