API bundling
While monetization models determine how an API generates revenue, API bundles and plans organize the API’s structure and accessibility by grouping related APIs and defining usage limits, features, and terms for different customer segments. Like any product, APIs need to be thoughtfully packaged for developers through an API portal, where bundles and plans help streamline access, clarify value, and meet a range of customer needs.For instance, a company might create distinct bundles for analytics, machine learning, and data storage APIs, each with tailored pricing models. The analytics bundle could use a tiered model for steady, predictable revenue, while the machine learning bundle might adopt a pay-as-you-go model to accommodate high-intensity computational usage. This bundling approach enables more flexible and targeted pricing strategies, maximizing value for both the provider and the consumer.
What’s an API bundle?
An API bundle refers to a collection of...