I'm exploring ways to generate income through APIs. I want to understand the various methods and strategies that can be employed to monetize API usage, possibly including subscription models, usage-based pricing, or other innovative approaches.
6 answers
amelia_martinez_engineer
Tue Nov 05 2024
The pay-per-use approach is considered straightforward and easy to understand.
CryptoLord
Tue Nov 05 2024
API monetization encompasses various strategies, one of which is the pay-per-use model.
BlockchainBaroness
Tue Nov 05 2024
Customers are only charged for what they use, which can be appealing to those seeking cost efficiency.
KimonoGlory
Tue Nov 05 2024
In this model, each API call is treated as a separate transaction and charged accordingly.
SejongWisdomSeeker
Tue Nov 05 2024
However, this model is most effective for API providers who have already established themselves as digital product vendors.