Building an API is only the start. Once your API endpoint is created, you’ll want to ensure that you monitor and analyze incoming traffic in addition to your API testing tool. Doing this lets you identify potential issues and security flaws and determine how your API design is used. These can all be crucial aspects in growing and supporting your APIs.
As your API platform grows, you may begin to focus on creating API products. By concentrating on API products, you’ll shift from simply building APIs to using them as a business tool and revenue stream. Much like a more formal product, an API product needs to be managed and likely will be monetized. Building revenue from your APIs can be a great way to expand your business’s bottom line.
With Moesif, you can achieve all of the above. Moesif can easily integrate through an SDK or plugin and be up and running in minutes. Once Moesif is integrated with your APIs, you’ll be able to explore charting and reporting to look at:
- Live API traffic
- Time-series reports inspecting usage
- Conversion funnels
- Retention reports
- And much more…
Moesif also enables API monetization by allowing you to track usage and sync it to a billing provider like Stripe, Recurly, or Chargebee. Within minutes, integrate your APIs and begin billing customers for use. Moesif allows you to fine-tune what you want to bill users for and is highly customizable to suit the exact needs of your business.
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