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

Aligning incentives

Alignment and accountability are important in goal setting for a product because they help to ensure that everyone involved in the product is working towards the same goal, and they are held responsible for meeting those goals.

When goals are aligned, it means that everyone understands what the goals are and how they fit into the overall strategy for the product. This can help to ensure that everyone is working toward the same objectives and that their efforts are focused in the right direction.

Accountability, on the other hand, helps to ensure that everyone is held responsible for meeting the goals that have been set. This can be achieved through regular check-ins and progress reviews, as well as through the use of metrics and key performance indicators (KPIs) to track progress toward the goals.

The purpose of aligning incentives within a team is to ensure that everyone is working toward the same goals and objectives and that their efforts are focused...