Published: 04 March 2019
Summary
Selecting the right API monetization model is difficult because most APIs have indirect business benefits. Application leaders should treat APIs as products, which involves viewing them from the perspective of targeted buyers, and select pricing and monetization models accordingly.
Included in Full Research
- The API Monetization Journey
- Identify Your Target Audience Before Trying to Monetize Your APIs
- Build Flexibility Into Your API Pricing Model
- Private/B2B APIs
- Cost Recovery for Internal APIs
- Monetizing APIs via an Application Ecosystem
- Enhanced Services: Monetizing Aggregated Data, Including Customer Data
- Ensure Your APIs Are Easy to Use, Stable, Well-Documented and Well-Supported Before Attempting API Monetization
- Ensure Your Chosen API Management Solution Supports API Monetization