It’s always great to build something that makes money. The most successful businesses often find the easiest and most efficient ways to make money, while keeping costs and support to a minimum. After all, the best businesses and products are simply the ones that know how to build revenue. Many companies now look to monetizing their APIs as part of their overall monetization strategy. API monetization isn’t always easy though.

Being able to group a set of users or companies based on their behaviors or traits can be extremely useful. In Moesif, we have a feature called Saved Cohorts which allows you to do exactly this. Saved Cohorts can help businesses power marketing campaigns and other sales initiatives, help engineers and customer success teams manage ongoing issues, and a host of other use cases.

In this article, we are going to explore why the Stripe developer experience is so passionately supported by thousands of developers globally. One of Stripe’s missions is to increase the GDP of the internet, and over the last decade, they’ve successfully executed 250 million API requests per day and over 91 billion requests per year through their APIs.

APIs can have a huge impact on your business, creating value and delivering new income streams. But they don’t always do so in the way you might have had envisioned at the outset. Which means, when it comes to API monetization, it can pay to be prepared for the unexpected.

You’ve developed an amazing API product. Fantastic. But that’s just the beginning of your journey. Starting an API-first company brings with it a whole host of unique challenges for you to face along the way. Based on Moesif’s own experience of founding an API-first company, we’ve shared some insights below to help you avoid some of the pitfalls and make the most of the opportunities that lie before you. “API-first” can mean different things to different people.

Many API developers and companies struggle to find ways to easily set up systems to monetize their APIs. Some are simple but not customizable, some are complex and require massive engineering effort to actually get it all running. To make things easier, Moesif created a feature a few months ago called Billing Meters which gives massive customizability but with a minimal amount of code and engineering effort.

Have you ever paid a bill for electricity, internet, or water? Was that bill based upon the amount of resources you used?

In 2015 GraphQL was created by Facebook as an alternative to REST APIs to give more power to frontend developers by making API calls more flexible. GraphQL achieves this goal by providing its API consumers with a query language that allows them to query just the data they need. While GraphQL can improve frontend developer experience, its specification doesn’t have opinions on security.