Summary

You now know how to increase the business value of your company by using an API monetization model. You know how to provide API support and use documentation to increase user satisfaction. You also understand the different factors that affect the security of your API product.

You started by identifying business value and understanding that different stakeholders perceive it differently. You learned how to analyze your API to understand the business value it can bring to a company. Then, you went deep into ways to generate revenue by looking at the freemium, tiered, and PAYG monetization models. You learned that you can use the monetization models individually or in conjunction to achieve maximum potential. Afterward, you got to know the different elements of API user support and documentation. You learned that support has the highest operational cost after an API is running and explored ways of reducing that cost. Among those are good documentation and FAQs. Finally, you...