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

Bringing it all together

Applying a data-driven approach to building products allows you to bring your team and stakeholders into alignment with the priorities you set and make you confident in the decisions you take. Some of the key benefits of a data-driven approach to decision-making are the following:

  • You’ll be more certain of the decisions you make: Once you start collecting and analyzing data, you’ll probably find it easier to make confident decisions about almost any business challenge, whether you’re deciding to launch or stop selling a product, change your marketing message, expand into a new market, or do something else.
  • Data performs multiple roles: On the one hand, it lets you compare what you have to what already exists. This helps you understand how any decision you make will affect your product roadmap.

Beyond this, data is logical, repeatable, and concrete in a way that gut instinct and intuition are not. By taking out the subjective...