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

Writing a product one-pager

A product strategy document is a document that outlines the goals and objectives for a product, as well as the strategies and tactics that will be used to achieve those goals. This document is also sometimes referred to as a product one-pager because the goal of this document is to communicate the strategy of the product in the most concise and succinct way possible. Most organizations have their own templates for writing product strategy documents, but these documents typically include information such as the target market, competitive landscape, and the key features and benefits of the product.

To write a product strategy document for an API product, you will need to consider the following elements:

  • Target market: Identify the specific industries and companies that would benefit from using the API. Use market research to identify the market segments and audiences that would be the best fit for your proposed product. Use top-down, bottom-up,...