Do you want to find the best way to monetize your API? You should keep reading this post!
These days APIs are the key to every business. This is why they’re on-demand and people know making an API is a good opportunity to make money.
However, a lot of people make their own API and they don’t know how to market and monetize them. Making a website takes a lot of time, especially considering that you have to build a payment system, and work on other complicated infrastructure.
This is why an API marketplace can be the perfect solution for you. All you’ll have to do is publish your API in it and they’ll handle the rest.
Because of this, both developers and businesses use API marketplaces to sell their APIs, reach their target market, and boost revenue.
What’s an API marketplace?
To make the explanation easier you can consider an API marketplace to be similar to a physical market or an e-commerce website like Amazon.com. In Amazon, for example, you can post your ebook for sale where people can view it and, if they like it, purchase it.
An API marketplace enables API developers to list their APIs so people can buy them. Also, it provides different subscription plans.
The marketplace will handle user administration, the payment system, code samples, documentation, and market testing, so this way you’ll only have to worry about making the API.
Similar to this, the API marketplace assists developers and potential customers in locating APIs with useful search tools, collections, and categories.
Monetize your API with Zyla API Hub
There are a lot of ways to sell an API. Just as APIs are diverse the methodologies for monetizing them are also a lot. But the best and easiest way to do it is with an API marketplace.
If you want to monetize your API in the Zyla API Hub marketplace, for example, you have to click on https://zylalabs.com/api-marketplace and go to developer and then “Add new API”.
Benefits for developers that use Zyla API Hub
– You can publish your API for free
– It presents your API to customers based on its categories. Making it easy for them to see it.
– Pricing: It gives you price suggestions based on the category of your API with an API Call, AI, and algorithms.
-Monetization: It makes the process of selling your API easier, you won’t have to make a website, post it online or create a payment and subscription system. All you need to do is publish your API and they’ll do the rest.
-Guidance to publish your API: step by step
-1 level support: They solve 80% of your client’s problems so you can focus on just making good APIs.
-Quality assurance: It provides testing and revision of your APIs to make sure they’re good quality APIs, guaranteeing a good user experience for your customers.
-Content creation: They provide with curation for SEO, marketing, curation of the developer’s description, categories, content, keywords and SEO generated content to attract organic traffic.
Marketplaces like Zyla API Hub, handle customer acquisition, memberships, key management, 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.
Also published on Medium.