Are you trying to find a good place to advertise your API? You need to know about API marketplaces
APIs keep getting more popular and because of this a lot of ways to market them started existing. When you talk about the most efficient way to market APIs it’s impossible that no one mentions an API marketplace.
Online marketplaces, in general, are getting more and more popular over time, if someone has an internet connection then there’s a big chance they know about Facebook and Amazon’s marketplace.
Just like you can buy a book on Amazon or sell it, you can buy and sell APIs.
An API marketplace lets API providers publish their APIs so that developers can find them. Such a marketplace allows the providers to monetize their APIs with a subscription plan.
What’s the difference between an API Portal and an API Marketplace?
Many people don’t know the difference between an API marketplace and an API portal. Nevertheless, if you read about them they’re clear.
First of all, you need to know that a single API producer usually deploys a portal. It enables developers to understand how the API works so that they can smoothly incorporate it into applications.
An API catalog or portal is a list of APIs with links to related sites and may provide information. Therefore, in an API portal, there is no transaction taking place.
If you want to make an API Portal, for example, you have to do it from an API management template from scratch. They include a lot of features such as interactive explorers and tutorials for example and they have API documentation.
An API marketplace, on the other hand, brings together several API producers into a single view and allows developers to search and implement the APIs they like. Therefore, it does have some things of a portal, but a marketplace aggregates multiple components into a single panel and lets API sellers and buyers connect with each other.
Monetize your API in Zyla API Hub
There are a lot of ways to monetize an API. Just as APIs are diverse the methodologies for monetizing them also vary. But the best way to do it, and the easiest, is with an API marketplace.
If you want to monetize your API in the Zyla API Hub marketplace, for example, you need to click on https://zylalabs.com/api-marketplace and go to developer and then “Add new API”.
Why do developers choose to use a marketplace?
Developers use APIs for all sorts of things. They can help you process payments, send emails and SMS texts, get the current weather, translate between currencies and languages, and much more.
Marketplaces like Zyla API Hub, handle customer acquisition, memberships, key management, rate limits, and payment collection processes so you can focus on just building fantastic APIs.
This is why you should try the user-friendly public hub: Zyla API Hub. With it, you can do things such as:
– Discover and connect to APIs.
– API providers can publish APIS for developers and partners to consume
Also, all APIS has a free plan and your credit card isn’t required.