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

The responsibilities of an API product manager

Added to the understanding of product management principles, the management of an API product also requires knowledge of various types of APIs, the API life cycle, maturity, support models, and so on. The B2B nature of APIs presents challenges in terms of user research, testing, operation, and maintenance. APIs also have a wide range of stakeholders who are deeply invested throughout the product life cycle.

Product management has become increasingly important for APIs as the use of APIs in the digital economy has grown. This is because APIs are becoming a critical component of many products and services, and managing them effectively is crucial for the success of these products and services.

The key responsibilities of API product management include the following:

  • Defining the API strategy: Product managers are responsible for defining the API strategy and ensuring that it aligns with the overall product and business strategy...