3 ms·
Ignore the people saying "don't do this" and instead read "Monetizing Innovation" (https://www.amazon.co.uk/Monetizing-Innovation-Companies-Design-Product/dp/11
by scott_w 3y ago
Ignore the people saying "don't do this" and instead read "Monetizing Innovation" (https://www.amazon.co.uk/Monetizing-Innovation-Companies-Design-Product/dp/1119240867 https://www.amazon.co.uk/Monetizing-Innovation-Companies-Des...) to get some guidance.
It's difficult to summarise the key lessons but you need to consider things like:
* What does having an API allow your customers to do?
* How valuable is that?
* Are they willing to pay for it?
* How do you align payment to the value?
* Is an API considered "table stakes?"
The book I linked goes into more detail so I really encourage you to read it. You can skip over the organisational changes it recommends, just the principles of pricing are good enough for your use case.