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From idea to the market
PRODUCTISING APIs
Twitter: @eldaravd
Eldar Allahverdiyev
@eldaravd
P R O D U C T 	 D E F I N I T I O N
Modern product management started in 1931
with a memo written by Neil H. McElroy at
Procter & Gamble.
@eldaravd
It all started with a “brand man”
He revolutionary defined the field testing and
constant customer interaction as the key aspects
of the product management.
800 words memo was a simple description of the
new role:
Brand man
@eldaravd
P R O D U C T 	 D E F I N I T I O N
Wikipedia provides a simple definition of a “product“:
@eldaravd
What is a product ?
“A product is a good or a service that can be bought or sold.”
A Digital Product is a service or set of digital goods, which creates
the value for a specific group of people a drives revenue directly or
indirectly.
… but when it comes to digital products, this definition is limited.
@eldaravd
P R O D U C T 	 D E F I N I T I O N
@eldaravd
What makes a great product ?
“Listen to your customer, focus on your customer.”
Build something you
want to use yourself
Identify your niche Simple and intuitive Change the user’s life
for the better
Example: Example: Example: Example:
Focused	only	on	Spanish	
speakers	learning	English
Provides	personalised	
listening	experience
Intuitive	and	easy	to	use	
interface	
Changed	the	way	travel.
API Product
@eldaravd
A P I 	 P R O D U C T
Why we should treat API as a Product, not just as technical integration mechanism ?
@eldaravd
Treat your API as a product
Customer	focus
Customer	niche
Feedback	loop
Roadmap
Continues	
improvement
Roadmap	
prioritisation
Owner
Advocate
Business	benefits	
owner
Support
Dedicated	
support
SLAs
@eldaravd
A P I 	 P R O D U C T
@eldaravd
Product vs Channel
Some may say: “API is not a product, it is just a channel to our core business for end users.”
In that case we are losing the key component of API Offering - the API customer,
hence the customer centric product.
Core	
Business
API
End	users
Core	
Business
API
End	users
App
API	Customer
Channel
Product
App
@eldaravd
A P I 	 P R O D U C T
@eldaravd
API product types
API product is a business API Product extends the business
The	entire	business	is	based	on	API	offering.
API	driven	communications.
API	driven	payments.
API	Products	is	leveraging	and	extending	existing	
business	to	unlock	new	revenue	streams.
API	Product	is	targeting	developers	who	
needs	automated	marketing.
API	Product	unlocks	innovation	via	
external	developers.
@eldaravd
A P I 	 P R O D U C T
@eldaravd
How to build a product ?
Identify a consumer
need
Create a prototype Find early
adopters
Budget and
marketing plan
Product roadmap
Present to investors
Launch product
features
Gather customer
feedbacks
Gather customer
feedbacks
Build product
features
Prototype
Invest
Productise
@eldaravd
A P I 	 P R O D U C T
@eldaravd
API Product features
API Products are more complicated than normal digital products,
due to the horizontal nature across the business and external dependencies.
Normal Digital
Product lifecycle
API Governance
API Versioning
API Developer Portal
API Product Support
API Community
API Product Pricing
API Product promotion
3 Principles
per feature
API
API
@eldaravd
3 	 P R I N C I P L E S
@eldaravd
API Governance
An API is the user interface for your developers –
make the best customer experience. API Guidelines
Customer Impact
API
API API
API
Governance
Customer
API Governance is
must.
API
Use web standards
where
makes sense.
APIs consistency is
a key.
3	Principles:
@eldaravd@eldaravd
API Versioning
API are not forever.
API Must be versioned.
Give enough notice time to
the customers.
Improve your API, avoid
breaking a contract.
In	2015	Sound	Cloud	
restricted	an	access	to	
just	15,000	songs	via	API.
In	2011	Cloud	Translate	
API	closed	an	access	to	
the	V1	Free	API.
Notice	time	should	be	
not	less	than	6	months.
Don’t	release	a	new	
version,	unless	it	is	
absolutely	necessary.
Any	API	versioning	strategy	is	
great,	just	have	one.
V1
V2
3 	 P R I N C I P L E S
@eldaravd@eldaravd
Developer portal
Self-service
Well designed
Documentation with
Examples
Sandbox access
3 	 P R I N C I P L E S
@eldaravd@eldaravd
APIs aren’t only for developers
Show, don’t tell. Case studies Target audience
Target	industry	segment		
needs.
Articulate	the	industry	
value.
Add	case	studies	to	build	the	
trust	and	show	how	your	API	
helped	the	business.
The	market	not	limited	to	
only	developers.
Demo	your	API.
Avoid	jargon.
3 	 P R I N C I P L E S
@eldaravd@eldaravd
API Support
Understanding	API	customers:
don’t	call	helpdesk,	as	they	prefer	to	raise	an	online	ticket	or	ask	Forum
don’t	like	superficial	answers,	they	prefer	talk	to	professionals
don’t	raise	support	tickets	unless	they	really	need	to
Developers should be
involved in support.
Customer service is
the UI of your APIs.
Online ticketing
system or forum is
must.
3 	 P R I N C I P L E S
@eldaravd@eldaravd
API Community
• Lead	a	forum
• Personalise	emails	and	support	tickets	
• Gain	advocates
• Increase	members	profile
Build a personal relationship.
Create a value for the members..
Learn from your customers.
• Understand	pain	point
• Improve	your	support	material	
3 	 P R I N C I P L E S
@eldaravd@eldaravd
API Product pricing
Keep it simple and
easy to find.
Embrace the
Freemium model
where possible
Charge per API Call or
subscription directly
when it makes sense.
Prepaid:	Cost	per	1	API	
call	and	throttle	limit	
packages
Free,	S,	M,	L,	XLCustomer	should	understand	your	
pricing	model	in	less	than	20	seconds.
Add	calculator
Postpaid:	Cost	per	1	API	
call	and	notifications	
when	reached	thresholds
3 	 P R I N C I P L E S
@eldaravd@eldaravd
API Product promotion
Target audience Social External events
Events
Meetups
Run	hackathons
Industry	forums
3 	 P R I N C I P L E S
Thank you !!
Let’s start building great products !
Twitter: @eldaravd

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How to Build and Productize APIs for Maximum Success

  • 1. From idea to the market PRODUCTISING APIs Twitter: @eldaravd Eldar Allahverdiyev
  • 2. @eldaravd P R O D U C T D E F I N I T I O N Modern product management started in 1931 with a memo written by Neil H. McElroy at Procter & Gamble. @eldaravd It all started with a “brand man” He revolutionary defined the field testing and constant customer interaction as the key aspects of the product management. 800 words memo was a simple description of the new role: Brand man
  • 3. @eldaravd P R O D U C T D E F I N I T I O N Wikipedia provides a simple definition of a “product“: @eldaravd What is a product ? “A product is a good or a service that can be bought or sold.” A Digital Product is a service or set of digital goods, which creates the value for a specific group of people a drives revenue directly or indirectly. … but when it comes to digital products, this definition is limited.
  • 4. @eldaravd P R O D U C T D E F I N I T I O N @eldaravd What makes a great product ? “Listen to your customer, focus on your customer.” Build something you want to use yourself Identify your niche Simple and intuitive Change the user’s life for the better Example: Example: Example: Example: Focused only on Spanish speakers learning English Provides personalised listening experience Intuitive and easy to use interface Changed the way travel.
  • 6. @eldaravd A P I P R O D U C T Why we should treat API as a Product, not just as technical integration mechanism ? @eldaravd Treat your API as a product Customer focus Customer niche Feedback loop Roadmap Continues improvement Roadmap prioritisation Owner Advocate Business benefits owner Support Dedicated support SLAs
  • 7. @eldaravd A P I P R O D U C T @eldaravd Product vs Channel Some may say: “API is not a product, it is just a channel to our core business for end users.” In that case we are losing the key component of API Offering - the API customer, hence the customer centric product. Core Business API End users Core Business API End users App API Customer Channel Product App
  • 8. @eldaravd A P I P R O D U C T @eldaravd API product types API product is a business API Product extends the business The entire business is based on API offering. API driven communications. API driven payments. API Products is leveraging and extending existing business to unlock new revenue streams. API Product is targeting developers who needs automated marketing. API Product unlocks innovation via external developers.
  • 9. @eldaravd A P I P R O D U C T @eldaravd How to build a product ? Identify a consumer need Create a prototype Find early adopters Budget and marketing plan Product roadmap Present to investors Launch product features Gather customer feedbacks Gather customer feedbacks Build product features Prototype Invest Productise
  • 10. @eldaravd A P I P R O D U C T @eldaravd API Product features API Products are more complicated than normal digital products, due to the horizontal nature across the business and external dependencies. Normal Digital Product lifecycle API Governance API Versioning API Developer Portal API Product Support API Community API Product Pricing API Product promotion
  • 12. API API @eldaravd 3 P R I N C I P L E S @eldaravd API Governance An API is the user interface for your developers – make the best customer experience. API Guidelines Customer Impact API API API API Governance Customer API Governance is must. API Use web standards where makes sense. APIs consistency is a key. 3 Principles:
  • 13. @eldaravd@eldaravd API Versioning API are not forever. API Must be versioned. Give enough notice time to the customers. Improve your API, avoid breaking a contract. In 2015 Sound Cloud restricted an access to just 15,000 songs via API. In 2011 Cloud Translate API closed an access to the V1 Free API. Notice time should be not less than 6 months. Don’t release a new version, unless it is absolutely necessary. Any API versioning strategy is great, just have one. V1 V2 3 P R I N C I P L E S
  • 14. @eldaravd@eldaravd Developer portal Self-service Well designed Documentation with Examples Sandbox access 3 P R I N C I P L E S
  • 15. @eldaravd@eldaravd APIs aren’t only for developers Show, don’t tell. Case studies Target audience Target industry segment needs. Articulate the industry value. Add case studies to build the trust and show how your API helped the business. The market not limited to only developers. Demo your API. Avoid jargon. 3 P R I N C I P L E S
  • 17. @eldaravd@eldaravd API Community • Lead a forum • Personalise emails and support tickets • Gain advocates • Increase members profile Build a personal relationship. Create a value for the members.. Learn from your customers. • Understand pain point • Improve your support material 3 P R I N C I P L E S
  • 18. @eldaravd@eldaravd API Product pricing Keep it simple and easy to find. Embrace the Freemium model where possible Charge per API Call or subscription directly when it makes sense. Prepaid: Cost per 1 API call and throttle limit packages Free, S, M, L, XLCustomer should understand your pricing model in less than 20 seconds. Add calculator Postpaid: Cost per 1 API call and notifications when reached thresholds 3 P R I N C I P L E S
  • 19. @eldaravd@eldaravd API Product promotion Target audience Social External events Events Meetups Run hackathons Industry forums 3 P R I N C I P L E S
  • 20. Thank you !! Let’s start building great products ! Twitter: @eldaravd