How do I choose a monetization model for my API?

Consider factors like user demand, the value your API provides, and market norms. Popular options include freemium, subscription-based, or pay-as-you-go, depending on usage and resource costs.

What are some challenges in API Monetization?

Common challenges include setting the right pricing, integrating secure payment gateways, managing subscription tiers, and balancing free vs. paid features without alienating potential adopters.

How can I measure the success of my API Monetization strategy?

Track metrics like revenue growth, user retention, API call volumes, and churn rates. Analyzing these will help refine pricing tiers and identify new monetization opportunities.