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Developing a digital marketing strategy can help improve adoption of your APIs and get the message out. Start by thinking about your marketplace like any other digital product. Promoting your API marketplace will be critical to building an API developer community.

Collaboration features allowing internal and external developers to work together seamlessly.

Proper documentation and adoption support to ease API use among developers.

Social, forum, and sharing capabilities to allow for developer interaction and feedback.

An audience-centric user experience that provides a frictionless path to adoption.

Whether you build your API marketplace with Akana or not, you should focus on the following features:

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How to Go From Enterprise Developer Portal to Thriving API Marketplaceīridge the gap between your internal developers and external consumers.

#Avocode versioning software

For the record, we are aware that every software on the planet claims using their suite is easy. You can easily customize a user-friendly marketplace in line with the look and feel of your brand. Akana’s developer portal comes ready-built with API marketplace features. Once your API governance and security planning is complete, you are ready to roll out your marketplace. This includes lifecycle, operational, planning, and policy governance tools and documentation. Akana’s API management software comes out of the box with an API governance framework. This includes everything from access and control rules, to usage rights and security. Your marketplace requires a variety of governance arrangements in order to meet regulatory requirements and ensure appropriate technical specifications of available marketplace APIs.īecause your APIs will be consumed and used outside of your organization, it is critical that you develop governance documentation prior to sharing any APIs with the developer community. The most important aspect you will need to plan for is your API governance and security protocols. The first step in this marketplace journey is planning. This way, you can sync all of your operational API details across runtime APIs, portals, and marketplaces where APIs are available for consumption. Planning and API GovernanceĪt Akana, we believe the environment where you publish your API products should be integrated with your API management solution. Here’s how to build an API marketplace in five simple steps.

There is truly no right or wrong way to build, as long as you remain secure. There are dozens of ways to build an API marketplace. Ultimately, your API marketplace can drive business revenue using your APIs as products. It's one of the API basics you need to know. By creating an attractive API marketplace, you are increasing the likelihood that your developer community will do the following:įor any organization invested in a long-term API strategy, your API marketplace will be the keystone in your API monetization strategy. Like any other digital product, organizations have an opportunity to monetize APIs. It should be arguably as attractive as any publicly available product website or feature page.ĪPIs are more than integration tools. It should be optimized, attractive, organized, and categorized for end user adoption. On the other hand, your API marketplace is the tip of the spear for your API program. These are the all-important gears grinding away behind the scenes. Your developer portal acts as the central technical platform for provisioning, versioning, managing the API lifecycle, and interfacing with internal and external developers. You can also set up subscription tiers for monetization in your API marketplace. Creating an API marketplace is an important step in API monetization. So, What Is An API Marketplace?Īn API marketplace is a user-friendly public hub where API providers can publish APIs for developers and partners to consume. In this post, we will demystify API marketplace best practices.

Many often wonder what the difference is between an API portal and an API marketplace. And what about an API catalog? There are dozens of terms, definitions, and methodologies to take in. Yet in the realm of API management, it can be easy to get confused. Your API marketplace should be a thriving community where your APIs can be easily found and consumed by developers.