Posts Tagged: revenue

7 Types Of API Business Models

Much of the modern business world runs on APIs. As a result of this, APIs are now valuable assets in a business environment, causing a lot of thought for API practitioners. Chief of these concerns is the exact methodology and process of monetization. Read more

8 Ways That Plugging Into APIs Helps Business

Due to the nature of APIs, the discussion is often of a technical nature. While this is fine for the world’s engineers and data managers, the fact is that an API has just as many business benefits as it has technical benefits. Read more

Tips On Monetizing APIs

APIs are capable of bringing in millions of dollars of revenue. They expand a user-base, offer a wider go-to-market strategy, add new streams of revenue, and can be responsible in increasing product stickiness and user adoption. They can also burn bridges with developers, soak up precious development resources, and if not properly secured, offer threats to application security. Read more

How to Grow and Profit Using a Freemium API Monetization Model

A top concern for treating your API as a product is creating a profitable business model. However, on the face of it, immediately charging people to use an API might seem like a strange thing to do, as adding a barrier to entry isn’t always desirable for Software-as-a-Service (SaaS). Read more

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Top 5 API Monetization Models | API Business Models

At Nordic APIs we live in the backend, where the Application Programming Interface (API) is king. We believe in an API’s ability to make design and development easier, and we trust in its capability to improve the end-user experience. As mobile apps and Software as a Service (SaaS) providers continue to rely heavily on APIs, it’s an ideal time to revisit how APIs can increase user retention rates, and most importantly, how APIs can boost overall revenue. Read more