How an API Marketplace Speeds API Monetization

Learn how to monetize your APIs from Brian Otten, Chief Axway Catalyst. In this clip from a recent webinar, he discusses how an API digital products tier leads to more intentional development and greater revenue.

“We use the word ‘curation;’ aggregate [APIs], tag them, look at the different versions and then build the products, bundle them, think about the monetization plan around them.

‘Can I associate a plan with this for my consumers so that we can track the consumption and charge them for it,’ right? That's how you make money out of APIs.

And then you have this marketplace component. That's really where the consumer experience happens.

Consumers need to be able to self-register, they need to be able to subscribe, they have to be able to get access to keys or whatever… and it shouldn't depend on the underlying API management platform that is securing those APIs. The marketplace component should absolutely shield the consumer from all of that.”

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