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

Sample strategy document

Imagine that you are the product manager proposing to build a new “Smart Traffic API” and you want to present this product idea to the leadership in your organization. Here is an example of what your product one-pager might look like:

Target Market:

  • Cities and municipalities looking to optimize traffic flow and reduce congestion
  • Transportation companies looking to improve route planning and delivery efficiency

Competitive Landscape:

  • There are several existing traffic APIs on the market, but most are limited in scope and do not offer the level of granularity and real-time data that our API will provide

Value Proposition:

  • Our API provides real-time traffic data for major roads and highways, as well as detailed information on traffic incidents and road closures
  • Our API also offers advanced features such as predictive traffic analysis and route optimization for transportation companies
  • This will...