Are you trying to find the best way to monetize your API? We’ve got the perfect recommendation for you!
Application programming interfaces (APIs) today are a crucial part of successful digital companies and smaller businesses. If you ever wondered how Google ads, Facebook likes and Amazon’s cloud business work, you need to know that it’s with an API.
APIs are the reason mobile experiences and platform business models exist, and the way companies connect on the web.
The concept of an “API economy,” in which APIs create new value for companies, is over a decade old, and many established enterprises correctly view APIs as a key to unlocking their digital transformations. But it’s not just the digital giants that can benefit from APIs, everyone can.
Because of this there are also a lot of ways to promote your API. After you’re done making the API you might wonder what to do next, some people will probably recommend making a website.
However, making a website takes too much time and money. This is why we recommend an API marketplace.
What’s a marketplace?
To understand how an API marketplace works you should know first what marketplaces are.
Marketplaces are e-commerce websites, basically what they are is platforms where you’re able to sell and purchase goods and services.
Just like you can go to a store and buy a burger if you want to buy or sell a book you can do it on Amazon.
Just like that is how API marketplaces work. An API marketplace is a platform where you can publish your APIs for people to buy or you can buy them. It brings the producers (sellers) and consumers (buyers) of APIs together and ensures their mutual benefit.
Monetize your API with Zyla API Hub
There are a lot of ways to sell APIs. Just as APIs are diverse the ways for monetizing them also vary. But the best way to do it, and the easiest, is with an API marketplace.
If you want to publish 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”.
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 easier for people to access to 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 the marketplace will do the rest.
-Guidance to publish your API: you’ll know how to publish your API step by step.
-1 level support: They solve 80% of your client’s problems so you can focus on developing 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.