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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

Designing customer feedback loops

An effective customer feedback loop is probably the most efficient way to enhance the quality of your product or service in response to the level of satisfaction experienced by your consumers. The feedback loop enables you to continuously collect, learn from, and implement the suggestions provided by your users to improve your offering.

Customer experience has become a driving factor in decision-making for customers in many cases, even more prominent than price. Hence, a good customer experience can be a crucial differentiator for a product and a competitive advantage. Customer feedback loops are designed with the following goals in mind:

  1. Ensure that existing customers are engaged with the product, and their needs are being actively addressed to ensure their retention
  2. Build customer trust and loyalty so they feel comfortable building with our APIs for their long-term goals
  3. Reduce customer complaints by effectively addressing problems...
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