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API Analytics for Product Managers

You're reading from   API Analytics for Product Managers Understand key API metrics that can help you grow your business

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Product type Paperback
Published in Feb 2023
Publisher Packt
ISBN-13 9781803247656
Length 344 pages
Edition 1st Edition
Concepts
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Author (1):
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Deepa Goyal Deepa Goyal
Author Profile Icon Deepa Goyal
Deepa Goyal
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Table of Contents (24) Chapters Close

Preface 1. Part 1:The API Landscape 2. Chapter 1: API as a Product FREE CHAPTER 3. Chapter 2: API Product Management 4. Chapter 3: API Life Cycle and Maturity 5. Chapter 4: Building and Managing API Products 6. Chapter 5: Growth for API Products 7. Chapter 6: Support Models for API Products 8. Part 2: Understanding the Developer 9. Chapter 7: Walking in the Customer’s Shoes 10. Chapter 8: Customer Expectations and Goals 11. Chapter 9: Components of API Experience 12. Part 3: Deep Dive into Key Metrics for API Products 13. Chapter 10: Infrastructure Metrics 14. Chapter 11: API Product Metrics 15. Chapter 12: Business Metrics 16. Part 4: Setting a Cohesive Analytics Strategy 17. Chapter 13: Drawing the Big Picture with Data 18. Chapter 14: Keeping Metrics Honest 19. Chapter 15: Counter Metrics to Avoid Blind Spots 20. Chapter 16: Decision-Making with Data 21. The API Analytics Cheat Sheet
22. Index 23. Other Books You May Enjoy

Experience

In the previous sections, we looked at discovery, engagement, acquisition, activation, and retention metrics that trace the customer journey and measure its various aspects of it. However, as customers go through these steps in the customer journey, they are building an overall impression of the product experience. In this section, you will learn about quantitative and qualitative ways of gathering customer insights using metrics such as conversion rate, the CSAT, and the NPS.

The following diagram shows the metrics that help you measure product experience:

Figure 11.13 – Product metrics to measure experience

Figure 11.13 – Product metrics to measure experience

As you can see in the preceding diagram, there are six ways to measure the experience of your APIs, which we will discuss now.

Unique API consumers

APIs are primarily B2B products, and it is common to have multiple developers as part of every customer account. This might make identifying unique customers challenging in some...

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