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

Strategic roadmapping

Metrics are important in creating a strategic roadmap because they provide a way to measure and evaluate the performance of a business or product and identify areas for improvement. By using metrics and analytics, organizations can make sure that the goals and objectives in the strategic roadmap are in line with how well the business or product is doing right now and that they can be reached.

Some ways that metrics can be used to create a strategic roadmap include the following:

  1. Identifying areas for improvement: By tracking key metrics, such as customer satisfaction, revenue, and website traffic, organizations can identify areas where performance is lagging and prioritize these areas for improvement in a strategic roadmap.
  2. Setting goals and objectives: By analyzing historical performance data, organizations can set realistic and achievable goals and objectives for the strategic roadmap. Metrics and analytics can be used to establish benchmarks...