Intro The usage-based billing and analytics model has revolutionized how API businesses monetize their services. By tracking usage on an individual customer, plan, and product basis, companies can get granular insights into usage trends that inform pricing decisions. This allows for greater accuracy when setting prices to optimize revenue while still delivering value to customers. In this blog post, we’ll explore some of the benefits if you choose to implement usage-based pricing models and ho

A guide to turn on API monetization: Let’s evaluate if you want to build a billing system in-house using existing payment processors such as Stripe or choose an outside vendor to handle complex usage-based pricing models. In this article, we’ll discuss the cost, time and resource considerations to launch a fully productionized API with usage-based billing, entitlement management, invoicing, analytics, and great customer experiences. Considerations For teams looking to build a scalable, usage

Introduction Digital transformation has become commonplace. Many orgs are looking specifically at their API products as new sources of revenue and ways to engage with their developer communities. The goal is to increase their product reach and acquire new customers at lower costs. Three main groups arise as later-stage organizations evaluate their API goals: 1) turning internally facing APIs external to drive new revenue channels 2) launching monetization for their developer-facing APIs 3)